In part 2 of our interview with Jim Willie he talks about what he believes is happening with the BRICS, their proposal for a partially gold-backed 'Unit,' and the current status of their de-dollarization plans.
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 18, 2024
October 17, 2024
While central banks around the world have been aggressively adding gold to their reserves, central bankers don’t tend to talk much about the yellow metal.
October 16, 2024
Since December 2023 in US dollars and October 2023 in euros, the gold price has been chasing one all-time high after another. It is hard to imagine now that the gold price failed several times to break through the USD 2,000 mark for almost four years, given that it...
Poland has joined an elite club. The country has increased its gold reserves to over 400 tons. According to National Bank of Poland Governor Adam Glapiński, the county holds 420 tons of gold “on behalf of all Poles.”
For decades, the US Federal Reserve has carefully cultivated and promoted the idea that it is somehow separate and independent from the US regime that created it.
Reviewing a minor pattern, HUI’s Head & Shoulders (would-be) Top. I say “minor” because even if it plays out it’s just a little feller, with a measurement to around 300, within an ongoing rally. I was asked for comment on what a subscriber saw out there in the...
As the BRICS meeting and the US elections rapidly approach, while the wars and geopolitical tensions continue to escalate, it's not exactly the most stable time in the world.
October 15, 2024
The bulk of the price discovery process for gold relates to savvy Western commercial traders keying off physical market demand versus mine and scrap supply.
The best performing precious metal for the week was palladium, up 7.31%, perhaps on continued accumulation by the palladium ETFs. For instance, the abrdn Physical Palladium Shares ETF has seen its shares outstanding increase by 72% in 2024. Despite a slight fall in...
Sadly, investors today are way too superficial in their thinking. They view their world as either black or white, whereas most of life occurs within the grey. Yet, despite the world mostly occurring within the grey, most investor’s desire is to only be fed black...
The gold bulls kept running in September as gold set new record highs eight times and the price gained another 4.6 percent. And it appears this bull market has plenty of momentum left in it.
Donald Trump is picking up steam in recent polling. Bullion investors are tuned into presidential politics, this year perhaps more than ever. They wonder what the November election might mean for markets.
In a recent Money Metals podcast episode, host Mike Maharrey interviewed Kai Hoffmann, the CEO of SOAR Financial Group, to discuss the junior mining industry, gold prices, and broader economic insights.
This year's BRICS meeting is now less than 2 weeks away. And as reports continue to circulate regarding their progress on a payment settlement currency whose current proposal includes a 40% gold backing, in today's show Vince Lanci lays out a roadmap of what you can...
The secular bull market in stocks is ongoing but in its 16th year. Gold & Silver have a lot more upside potential when it ends.
October 14, 2024
Led by North American funds, gold-backed ETFs reported net inflows of metal for the fifth straight month in September. Globally, ETFs reported a net 18.4-ton increase in gold holdings last month.
The markets don’t move in a straight line – they correct every now and then and that’s normal. This appears to be taking place in gold and mining stocks right now. It’s not only a general tendency for the markets to correct in this way that should one doubt the...
Gold is overbought, but history suggests it can become even more overbought. Meanwhile, Silver made its highest monthly and weekly close in 11 years. Both metals have room to move before stiff resistance sets in.
Gold’s bull market has, through twists and turns, been ongoing since 2000 and through coming twists and turns, will keep going.
The Fed’s financial plans are running off the rails already. With summer just gone by and the Fed’s first rate cut barely out of the station, already the bond vigilantes are pushing bond interest rates back up, and voting Fed members are already talking about...
Unsustainable deficits and galloping debt levels, combined with a crumbling military, are the perfect recipe for the end of an Empire. And it is exactly the position that the US finds itself in.
October 13, 2024
In recent weeks, gold has experienced significant fluctuations, marked by an impressive rally and subsequent pullback. As the price of gold reached new heights, investors have been keenly observing the dynamics at play.
From my prior articles, the last good swing low for Gold came from our 72-day time cycle, which formed its bottom back in early-June. With that, this wave - as well as the mid-term 310-day cycle - is well into topping range, and with that is looking for a sharp...
Our title’s Roman “III” is indicative of having used “Gold in 60 Seconds” now for the third time across these esteemed Saturday missives’ 15 years (previously on both 16 April ’16 and 08 March ’14). Again, this time ’tis so apropos. For as herein previewed a week...
The Dow Jones closed this week at a new all-time high, a BEV 0.00% in its BEV chart below. This is the forty-third new all-time high since it entered scoring position last November. How long can this advance continue?
Elliot Wave Analysis of key markets.
October 12, 2024
Our proprietary cycle indicator is now DOWN. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. Caution is now advised.
October 11, 2024
The warning signs for $10,000 gold are hiding in plain sight. Inflation is down, the job market is cooling but not imploding, helped by the jumbo rate cut and prospects of a return to easy money. While core inflation remains sticky, wage increases are double digit,...
The gold miners are on the verge of reporting another best quarter ever. Q3’s earnings season ramping up soon will prove epic, fueled by dazzling record gold prices and slightly-lower mining costs. That ought to double sector unit profits, extending gold stocks’...
Gold has an uncanny ability to make headlines, especially when it reaches a new high. It’s not just a shiny piece of metal; it’s an investment with a track record that dates back thousands of years.