With the Dow Jones closing the week with a BEV value of -3.01%, the advance in the Dow Jones remains intact. Note below how the Dow Jones declined below its BEV -5% line, by just a bit, five times in April before it went on to two new BEV Zeros in mid-May. On May...
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.
June 9, 2024
We start with inflation. Year-to-date we’ve diligently documented that ’tis nowhere near the Federal Reserve’s sought 2% target. And not that you need be reminded, but with May inflation readings commencing next week, let’s briefly reprise April’s inflation...
June 8, 2024
Gold sector cycle is now down. Trend is up for gold and gold stocks..
Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the first time in 12 months in May. Funds based in Europe and Asia led the way as total gold holdings by ETFs globally rose by 8.2 tons.
A little bit is the first step toward a lot. Now, imagine billions of people in Asia buying just a little bit of gold. That seems to be the trend.
June 7, 2024
Metals and miners are dropping into June intermediate lows, and our work supports a bottom next week. Once gold bases, we expect a powerful rally that could push prices toward $2800 by mid-August.
Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand,...
Here are today's videos and charts.
How much gold is there in the world? The quick answer is not much - at least not relatively speaking. According to the World Gold Council, as of the end of 2023, around 212,582 tons of gold have been mined throughout history. About two-thirds of that amount was dug...
June 6, 2024
A few months ago, Gold completed what, in time, will be viewed as the biggest Gold breakout in 50 years.
The US dollar is on the brink of a major meltdown. This is apparent based on fundamental and technical analysis. Over the last 5 years, the US dollar has sustained some major damage through policy without losing much value against other fiat currencies.
Central banks’ monetary policies are the most perverse government intervention. Their consequences are dire, last for a very long time, and people don’t perceive them as problems or don’t comprehend the damage they are doing. Monetary policy (monetary expansion and...
By now you're probably well aware that the central banks have been setting records for the amount of gold purchased since 2022. A trend which began after Russia was sanctioned, had its assets frozen, and was then subsequently kicked out of the SWIFT system.
A lot of people online are speculating and talking about gold as if it is just not going to stop, it's just going to keep going from now till the end of 2024.
June 5, 2024
A month ago, we published an article on consumer debt, which is becoming a huge issue for the banks from a credit quality perspective, as both credit cards and auto loans have posted sharp increases in delinquency ratios.
After a weak March, central bank gold buying rebounded in April with global net purchases of 33 tons, according to the latest data compiled by the World Gold Council.
You are paying more and getting less thanks to persistent price inflation. Politicians and talking heads on financial news networks often point to “strong” retail sales data to support the claim that the economy is doing great.
June 4, 2024
The sideways correction continues for gold and most bank analysts remain positive on the metals.
For those that do not know my work, let me give you a little background about me. My name is Avi Gilburt and I have been publicly providing market analysis for the last 13 years. And, one of my first market prognostications was presented in the metals market.
The gold market’s meteoric rise over the past seven-and-a-half months has been nothing short of extraordinary. Fueled by heightened geopolitical tensions and robust central bank buying, gold prices smashed through resistance around USD 2,075 to new record highs...
For those who have followed my stock market analysis through the years, you would likely remember that, many years ago, I set a minimum long-term target for the SPX at 5350, with potential to rally as high as 6000SPX. In fact, many of you may also remember my...
The long-term forecast for higher interest rates, according to Treasury Secretary Janet Yellen, makes it more difficult to control US borrowing needs, which emphasizes the significance of raising revenue in the forthcoming budget talks with Republican lawmakers....
If you make your currency less usable — say, by running aggravatingly high inflation, by closing services outside of banking hours, by burdening users with insultingly silly paperwork and know-your-customer requirements, by freezing accounts over minor infractions,...
Joining us today is Thomas Parilla, President of Parilla Investment Group. I wanted to start off with gold and silver. Where do you think gold is going from now to the end of 2024?
Just last week India repatriated 100 tons of its gold from England. And now the World Gold Council is reporting that the Reserve Bank of India purchased more gold in the first quarter of 2024 than they did in all of 2023.
June 3, 2024
The rapidly eroding confidence in our institutions gets plenty of news coverage. We expect it will be a dominant theme for investors in the years ahead.
Speaking of my fellow gurus, our switchboards have lit up to warn that something big is looming. Even the oddballs who think stocks are headed much higher seem to agree that a punitive correction is long overdue. And although each of us would like to believe that...
Mike McGlone, senior Macro Strategist for Bloomberg Intelligence, joins the show to discuss what the vast amount of tech layoffs tells us about the economy. We also discuss what asset classes are the best to invest in heading toward 2025, Fed tightening, and more....
Gold and Silver closed May making new monthly all-time highs but appear to be cooling off before the summer. The path of least resistance for Gold, Silver and the miners over the next week to two weeks looks to be lower.
The verdict in Donald Trump's case came in last week, and he was found guilty on 34 counts. But how does this affect the election? And how will it impact the gold and silver markets?