Our proprietary cycle indicator is UP. Trend is UP for gold. Our ratio is in the process of a cup. We are holding long and short term positions.
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.
April 22, 2023
With the PMs outperforming on Apr. 20 despite the S&P 500’s struggles, the crowd continues to assume that what’s bad for other risk assets is good for gold, silver and mining stocks. However, reality paints a much different portrait, and the PMs’ medium-term...
As gold bulls defend the key $2,000 level, sound money proponents are scoring big wins in state legislatures. Arkansas governor Sarah Huckabee Sanders recently signed the Arkansas Legal Tender Act into law. It reaffirms gold and silver as legal tender, as well as...
April 21, 2023
The gold miners’ stocks continue powering higher on balance, growing their strong upleg. Yet despite their great gains over this past half-year, gold stocks still remain undervalued relative to their metal. Mean reverting sharply higher out of last year’s...
(Jackson, Mississippi) – With the stroke of Gov. Tate Reeves’s pen on Wednesday, Mississippi has become the 43rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion.
Some who are considering buying gold bullion or silver investment often look closely at the price and ask ‘is now a good time to buy gold’? This is understandable after all no buying decision should be one that you take lightly and often people want to feel like...
We've been aggressive profit bookers for the flagship SGS gold and silver stocks portfolio. We are loaded with cash, and ready to buy a deep correction, which hasn't happened yet.
Last week, the Treasury Department revealed that the federal deficit hit $1.1 trillion in the first half of the fiscal year ending in March, $432 billion larger than the same period a year earlier.
Gold has not been in a secular bull market for a while but now it is starting one. When Gold is in a secular bull, gold stocks can outperform Gold as the Gold price trends higher and outperforms cost increases. If you think Gold is going into a secular bull as I do...
April 20, 2023
Gold is money. Every other monetary instrument is just currency. The economically accepted definition of “money” has several requirements. However, the central and intrinsic property is that real money must be “a store of value”.
The days of paying for something with cold, hard cash may be numbered. The pandemic has accelerated our transition towards a cashless economy, with consumers nowadays preferring the convenience of mobile banking or digital wallets.
Rumors are making rounds that Saudi Arabia is selling oil for yuan, which it converts into gold on the Shanghai International Gold Exchange (SGEI). Such a development would make sense as large parts of the world want to de-dollarize, but the renminbi is not suitable...
After the collapse of Silicon Valley Bank (SVB), I received several questions related to the collapse. One by Dr. Michael Overfield caught my eye. He says: "The question I have is about fractional reserve banking. This is more in the news following the failure of...
Francis Hunt, the macro technical analyst and founder of The Market Sniper, joins the show, and we discuss the recent softening of the dollar and the possible effect on gold and silver. They discuss critical technical levels in gold and silver charts and how the...
In this video Gary Savage discusses the current gold buying opportunities in relation to gold hovering around the $2000 mark and reaching what could be a danger zone where the banking cartel may try to stop the move from testing the all-time highs.
April 19, 2023
There are many reasons to buy and hold physical gold. The lack of counterparty risk, the diversification, and the hedge against inflation are among the top reasons to own the monetary metals.
Money supply growth fell again in February, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. February's drop continues a steep downward trend from the unprecedented highs experienced...
April 18, 2023
Notwithstanding the expectations for a Fed pivot, along with expectations for inflation to get a lot worse, there are numerous indicators that the economy is slowing considerably.
As gold gyrates in the $2000 zone, the dollar (basis USDX) has arrived at the key round number of 100, and bitcoin has reached the huge $30,000 resistance zone. Is it time for a major reaction for gold and crypto, and a big rally for the dollar? Perhaps, but it’s a...
Gold has seen support from safe haven demand and falling U.S. yields, while copper has seen more sideways performance as investors weigh up global economic growth risks against supply disruptions and China’s reopening.
The debt-disabled U.S. economy cannot withstand the surge in borrowing costs, and the reduction in money supply growth necessary to combat the record-high inflation suffered over the past few years.
The collapse of California-based Silicon Valley Bank (and Signature Bank in New York) on March 10, 2023, sent shock waves through the international financial system. It not only made bank stocks and bank bonds fall sharply but also finally brought ailing banking...
Following the collapse of Silicon Valley Bank, gold and silver rallied to their highs of the year, as investors have been concerned about the banking system, and have increasingly turned to the precious metals to keep their money safe.
In this video, Peter St Onge discusses Warren Buffett's recent comments about the banking crisis being over and the government's plan to bail out everything, which comes at a cost of 10 trillion dollars in backstop.
April 17, 2023
While I can’t make any guarantees, that’s very likely at this point. Gold hasn’t moved back below $2,000 yet, but what it did, however, indicates that such a move is just around the corner.
A monthly chart view of the gold price projects a break to blue sky, but needs to confirm a breakout first (and endure the noise of an ‘in the bag’ banking sector)
Buying physical gold is a time-proven method of securing generational wealth, and a security measure often taken in times of economic turbulence. Gold investing has long been viewed as a hedge against inflation and a store of value against currencies.
I'm seeing some analysts in the gold market trying to suggest that we're getting a triple top here in gold and that gold is going to collapse very similar to this triple top. I'm going to set your mind at ease today, this is not the case.
The inevitable consequence of the current Global Debt Bubble will be the Bankruptcy of the financial system and many of its participants. The one Swiss and three US banks that just went under is just a foretaste of what is to come.
The toppy look of Anheuser-Busch’s stock chart (above) implies that the company is at least somewhat likely to lose sales because of its attempt to shove the wretchedly unlovely Dylan Mulvaney down our throats.