Earlier this year, Gold broke out of its cup-and-handle pattern and made its biggest breakout in 50 years. It has steadily climbed higher but could be experiencing its first notable post-breakout correction.
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.
November 11, 2024
What a week for the Dow Jones, and gold. Though looking at their Bear’s Eye View charts, nothing dramatic happened this week, as seen in the Dow Jones BEV chart below.
I’ve been confidently anticipating the Mother of All Tops since, like, around 1975, but this week I decided to go wholeheartedly with the flow. The result, technically speaking, is a robustly optimistic S&P target at 7644.50.
In this pre-US-election interview, VON GREYERZ Partner, Matthew Piepenburg, joins Jeremy Szafron of Kitco News to address the many ignored “elephants” in the room regarding recession indicators, sovereign debt levels, credit market deterioration, increasingly...
November 10, 2024
Gold’s +35.2% rally this year from 2072 to an All-Time High at 2802 might be couched catalytically as geo-political discomfort were (amongst other rationale) Vice President Harris to have defeated former President Trump, in turn installing her as the so-called “...
November 9, 2024
Countries outside the eurozone but inside the European Union, i.e., those that one day might join the eurozone—like Poland, Hungary, and the Czech Republic, are positioning for a new gold standard.
India has brought more of its gold home. Last spring, the Reserve Bank of India repatriated 100 tons of gold, moving it from the UK to vaults within India's borders.
It’s been a historic week in American politics as well as in financial markets. Following Donald Trump’s triumph at the ballot box, the S&P 500 spiked to a new record high.
Gold sector cycle is now down. Trend is up for USD and down for gold & gold stocks. Looking for a new set up to trade the short side.
November 8, 2024
Last week, I wrote Gold Could Collapse or Challenge $3000 in November. This week's election results support the former, and the odds now favor a pullback in gold to its 200-day MA (currently $2,400).
The big US stocks dominating markets and investors’ portfolios just finished another earnings season. These elite companies continue to thrive, collectively reporting near-record sales and profits. Yet their valuations remain deep into dangerous bubble territory,...
We have bull hammer candlesticks of power on the CDNX microcaps index and many individual component stocks too. The new US government realizes the little guy has been left behind, and now is our “microcaps time to shine!” Here are today's videos and charts.
November 7, 2024
A clear-cut win by Trump negates the risk of political turmoil and sends gold and silver plunging. But this bull market was never built on geopolitical risk — it’s a decades-long trend of ever-easier money and ever-greater debt that has sent gold to record heights...
In this week’s Money Metals Midweek Memo, host Mike Maharrey dives deep into the broader economic landscape as the U.S. approaches another pivotal election.
As the United States braces for the aftermath of a decisive Trump victory for the Presidency, the principles of sound money seem destined to take a backseat to what is politically expedient – at least at the federal level.
ETF gold holdings globally increased for the sixth straight month in October. Big flows of gold into North American and Asian ETFs offset outflows from European-based funds.
With Donald Trump back in the driver’s seat, America is gearing up for policies that put the country first: boosting jobs, cutting regulations, and going full-throttle on energy independence.
And no, I don’t mean Trump’s presidency, but that’s true as well. I mean the rally in the USD Index and the declines in the precious metals and mining stocks.
Bond prices collapsed nearly 3% post-election and are down 12% since mid-September. Whatever that tells us did not change because of election results. The action in bonds is contradictory to the prevailing assumptions of a melt-up in asset prices because of expected...
Trump’s victory was an all-out sweep. He took all of congress to a shimmering red victory in the wake of his own presidential win, thoroughly reformed the Republican party in his image, and he won the electoral vote by a large margin and even dominated the popular...
Donald Trump is the projected winner of the 2024 presidential election. After winning back states he had lost in 2020, Trump performed well in Wisconsin, Michigan, and Pennsylvania—states Kamala Harris needed to win. Trump has won more than enough electoral votes to...
Trump has been elected President, and the gold and silver prices are getting slaughtered today. Meanwhile the dollar has risen sharply, and the bond market is also getting clobbered.
Not only did we have the election last night, but early indications are that the decisiveness of Trump's victory may even lead to less post-election legal action.
November 6, 2024
Since breaking above USD 2,530 in late August, gold prices have only known one direction: upward. Following a meteoric rise, a new all-time high of USD 2,790 was reached last week on Wednesday. A significant consolidation or even a genuine correction have been...
This year is shaping up to be one of the most legislatively successful in US sound money history. Money Metals Exchange was instrumental in achieving six new sound money victories, as well as one key defensive win. The upshot is that sound money legislation,...
November 5, 2024
After more than a year of anticipation, the U.S. presidential election is finally upon us. News coverage is at a fever pitch, and rhetoric from both sides has turned increasingly intense. Many people are experiencing election fatigue, ready to get past the noise and...
Gold and silver have been on a tremendous run in 2024. In fact, they are the two best-performing assets this year.
Gold was smashed last Thursday, dropping over $50 an ounce at one point during the trading session. Since then, the price has traded sideways as investors contemplate the potential outcome of the U.S. presidential election, with results expected tomorrow evening......
After slowing in August, central bank gold buying rebounded in September. On net, central banks globally added 40 tons of gold to their reserves. This compares to an 8-ton increase in global central bank gold holdings in August, according to the latest data compiled...
It’s November 2024, and you might have heard there’s an election going on. Like almost all elections in living memory, this one is being billed as the single most important political event of all time; and although that’s probably an exaggeration, it will indeed...