The gold stocks and larger juniors had a very strong week. It appears we are seeing the start of the next move in the sector and the miners are leading it.
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.
July 15, 2024
Our guest today is Mark Yaxley, the managing director at Strategic Wealth Preservation, and we discuss what is happening in the gold and silver markets.
July 14, 2024
Recall a week ago (per “Gold Gives Thanks as the Economy Tanks”) our having itemized an array of fundamental Gold positives, albeit there still continue technical Gold negatives, price thus having been somewhat conflicted. However, as rightly therein written: “…...
This week, the Dow Jones closed short from making a new all-time high by only $3.60, or only 0.01% from a new BEV Zero in its Bear’s Eye View chart below. Don’t worry, I expect we’ll see the Dow Jones making more than just one new all-time high in the weeks to come...
As the Federal Reserve signals it is moving closer to cutting rates, the gold market is moving closer to hitting a new record.
Elliot Wave Analysis of key markets.
July 13, 2024
Uganda has joined the growing number of African countries turning to gold to support their currencies. The Ugandan central bank has announced a domestic gold-buying program to buy gold directly from local artisanal miners.
Gold needs to rise above $2450 to negate this potential head & shoulder top. Condition to buy was not met this week, shall wait for a pullback next week.
July 12, 2024
The United States is facing an increasingly unsustainable fiscal future. The steady increase in the federal deficit from 2018 to 2023 highlights a worrying trend, especially when considered alongside similar fiscal challenges faced by other developed nations. This...
The gold miners’ stocks are surging again, breaking out from recent months’ consolidation. This strong mid-summer price action is confirming their interrupted upleg is still growing. It should have a long way to run yet, with gold stocks still quite undervalued...
Here are today's videos and charts.
The gold stocks are leading Gold and signaling the next leg higher. The GDX to Gold and GDXJ to Gold ratios are breaking out and approaching new 52-week highs. GDXJ to GDX ratio is in bull mode.
Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the second straight month in June. With European funds leading the way, net gold holdings by ETFs globally increased by 17.5 tons last month.
July 11, 2024
To gain a comprehensive understanding of the mechanics of the gold wholesale market, it's essential to be familiar with its key building blocks: swaps, leases, and forwards. In this article, we will explore these components and their interactions to be better...
"Will Debt Sink the American Empire?" So asks the Wall Street Journal, in an uncharacteristically gloomy article for the bull market's paper of record.
In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey provides a comprehensive overview of Federal Reserve Chairman Jerome Powell's recent testimony and delves into the investment potential of platinum.
ING just issued its mid-year gold report card. That offers some promising news for precious metals investors. As even after a record-setting first half of the year for the gold price, ING expects the rally to continue through the end of 2024.
Our Guest today is Yvonne Blaszczyk, President and CEO of BMG. Let's start off with the BRICS Nations. Do you think they'll be successful at what they'll be doing, and how will this affect the precious metals market?
July 10, 2024
Gold finished last week strongly after the US jobs report was released. It’s soft again ahead of the key CPI and PPI inflation reports (scheduled for Thursday and Friday).
Modern monetary theory (MMT) is not convincing to most trained economists of various schools of thought. This causes many to balk at MMT and mock it, some of which is warranted as a reductio ad absurdum, especially given some of MMT’s more outlandish claims. In fact...
Is now a good time to get bullish on platinum? I’ve written a lot about the fact that silver appears to be underpriced given both technical factors and the supply and demand dynamics.
Vince Lanci discusses most recent technical action in Gold & Silver, the return of big money macro buyers in recent days, and his buying more GDX on the back of the breakout in the advance/decline line.
July 9, 2024
With the collapse of the Western financial and political systems now happening before our eyes, wealth preservation takes on a totally different meaning.
The best performing precious metal for the past week was silver, up 6.60%. Montage Gold announced their 2024 short-term incentive plan which highlights the aligned interests of the management and the shareholders to drive forward the Koné project's construction and...
If Gold and Silver continue to hold $2290 and $29, then there is a good chance of fireworks in the second half of 2024.
July 8, 2024
Our guest today is Roger Rosmus, the CEO of Goliath Resources, who will talk about everything that's happening in the market, gold, silver, and the economy.
How do you safely and securely move billions of dollars worth of gold? Very quietly. De Nederlandsche Bank (the Dutch central bank) did just that, moving over 220 tons of gold coins and bars over 45 miles of public highway.
If you ask average investors what the best-performing asset class is year-to-date, the vast majority of them would get it wrong. The correct answer isn’t stocks, but rather precious metals (led by silver).
The dog days of summer have returned with a vengeance to Florida this year, especially in my home. The air conditioner’s condenser coil sprang a leak, which is hardly unusual considering that it’s eight years old.
Joining us today is Larry MacDonald, founder of the Bear Traps Report and author of the best-selling book "When Markets Speak." In this episode, Larry shares his insights on the potential dramatic changes in the prices of gold and silver by the end of 2024.