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Gold Editorials & Commentary

Gold-Eagle gold and precious metal news, market analysis and editorials from world renowned gold analysts and market experts.  Stay informed with the latest news and analyses on gold prices and perspectives on the economy to guide your investing decisions.

 

October 31, 2024

Gold demand set a third-quarter record, driving the price to a series of record highs. Including over-the-counter (OTC) sales, gold demand came in at 1,313 tons in Q3, a 5 percent year-on-year increase.

Both gold and silver are in the process of breaking out of bull flag patterns, which indicate sharp gains in the near future. Here's what you need to know...

There's been a lot of talk about the demise of the dollar.

Has the threat of de-dollarization been greatly exaggerated? Or is the greenback's role as the global reserve currency really being threatened?

Are you getting tired of the gold price setting new record highs yet? I'm guessing not, and today the futures crossed the $2,800 level for the first time in history.

October 30, 2024

Joseph Sternberg, author of the “Political Economics” column at the Wall Street Journal, has been on the Federal Reserve’s case recently. He continues to take central bankers to task in his latest article. “The next president will inherit a Federal Reserve staffed...

The universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?"

Macro analyst Luke Gromen recently said, ""I think...we will look back in a few years' time and realize [sanctioning Russian FX reserves] was every bit as big as Nixon closing the gold window in August 1971...the US just told the world to buy gold."

Secular inflationary bear markets are the worst ones due to the extended periods of poor performance in real terms.

October 29, 2024

Sadly, investors in the West have what is perhaps best described as a cave dweller’s primal urge to get more of their government’s barbaric fiat. In contrast, in the rising and massively populated East, the focus is on getting more gold… money that is supreme. 

Gold and silver trading remained subdued this past week, with traders holding back from significant moves as they await the upcoming U.S. presidential election.

Gold extended its rally to a fresh record high, amid tensions in the Middle East and as traders looked toward the U.S. presidential election. Bullion rose higher — having breached the $2,700- an-ounce threshold — with analysts attributing gains to haven demand amid...

Public opinion polls consistently show the economy is one of the top issues, if not the top issue, for American voters. This may strike some as odd, since official government statistics show low unemployment and declining price inflation, suggesting the Federal...

A recently announced Chinese economy stimulus package could provide a shot in the arm for the Chinese gold market. China ranks as the world's number one gold consumer. 

There Are Two Americas…This observation goes beyond the partisan divide of a polarized nation heading toward a polarized election. The deeper, irrevocable rift lies beyond left vs. right. Quite simply, the rising divide of this late-stage empire is marked by haves...

October 28, 2024

The latest salvo fired at the U.S. dollar by BRICS countries includes press reports about "creating an international precious metals exchange to ensure fair pricing and trade growth". Russia's finance minister, Anton Siluanov, announced that Russia is currently in...

The gold price is on a big leg up toward the next target of 3000+, but there is more to the story than that…

Gold and Silver closed the week higher by 1% and 1.6% but the mining stocks declined, led by Newmont. GDX lost 3.7% on the week while GDXJ lost 2% and SILJ 1%. Silver was sold hard after it reached resistance at $35.

You can always tell when portfolio managers are hard at play, immersed in an epic circle jerk that has become more tediously familiar with each passing week. And so it went on Friday, as money migrated for no discernible reason from certain, temporarily disfavored...

October 27, 2024

From my prior articles, Gold is back in mid-term topping range, and with that is at risk to a larger-degree decline phase in the coming months. Having said that, this decline has yet to be confirmed in force, though we are keeping a close watch on the current price...

‘Tis taken ten years, but what just happened? “Well, mmb, I’m gonna take a stab at this: for the 207 trading days so far this year, Gold has made a record high for 37 of ’em.”

It is hard to exaggerate the importance of China in the future of gold even if the relationship falls short of monocausal. Beijing’s actual course both in economic policy and geopolitics since its giant bubble economy turned to bust — starting circa 2020 — has had a...

The Dow Jones this week, closed lower in each trading session, resulting in a 2.68% decline for the Dow Jones from its last all-time high of Friday last week.  Let’s look at this; five consecutive down days for the Dow Jones, resulting in a 2.68% decline.  That isn’...

In a recent episode of the Money Metals podcast, host Mike Maharrey interviews economist Judy Shelton, a prominent advocate for returning to the gold standard and a former economic advisor to President Trump.

October 26, 2024

Our proprietary cycle indicator is UP. Trend is up for gold and gold stocks and for USD. We will buy pullbacks as long as 50ema provides support.

In the past two years, the East has been responsible for a momentous move upward in the gold price, decoupling it from the West’s pricing model. But Western investors have taken back the baton and have been driving gold higher since June 2024.

Well, as the countdown to Election Day ticks closer, the gold market continues to reflect a vote of no confidence in fiat currency.

While everybody was watching the gold and silver bulls run, the price of palladium shot up by about 8 percent on Thursday (Oct 24). In fact, palladium is up by around 27 percent since earlier this month, having spiked from $922 an ounce to over $1,195 today.

October 25, 2024

Gold is nearing our $2,800 target, with the potential for further gains into year-end. Historically, during the last two Fed rate-cutting cycles, gold surged approximately 40% following the initial cut. If this pattern holds, gold could reach $3,500 next year.

Since the year 2000, the U.S. government has been racking up debt like it’s going out of style. In fact, the national debt has ballooned by 527%, jumping from $5.7 trillion to a whopping $35.75 trillion today. But as the debt has soared, so has the price of gold,...

The gold miners’ stocks just achieved a rare secular breakout.  This huge technical milestone fueled by record gold levels reflects sector sentiment growing more bullish.  That is pushing gold stocks closer to the crucial psychological tipping point where more-...

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