Mark takes a look at the good news on price inflation and why it is better than reported, but probably short-lived. Other statistics are worsening and, amazingly, even landlords are starting to feel the pain!
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 17, 2023
April 16, 2023
With the action seen into last week, Gold managed to spike back to higher highs for the swing, with the metal running all the way up to a Thursday peak of 2063.40 (June, 2023 contract) - before selling down sharply into Friday's session.
Like the little chu-chu train that knew it could, the Dow Jones continues chugging on up the hill towards a new all-time high. Of course, with a BEV of -7.92% at week’s close, it still has a way to go; 2,913 points if we’re looking at the Dow Jones in dollars. But...
When we penned the first edition of the Gold Update 699 Saturdays ago on 21 November 2009 — for whom the sole recipient was one JGS (thank you, mate) — the price of Gold was 1151. Since then, Gold rose to as high as 2089 (+81%) on 07 August 2020, nearly reclaiming...
We sit down with Cornell University's Professor of Chemistry, Dave Collum, about the potential impact of lower CPI numbers on Gold and Silver. Dave thinks that if gold breaks through the $2,000 resistance level, a technical event will drive it higher, regardless of...
April 15, 2023
Although Gold put in a bearish reversal on Friday and failed to breakout, do not expect the sector (and miners specifically) to begin a significant correction. When I say significant, I mean something that would last more than a few days or a few weeks.
Most investors who own gold mining stocks are in them because they expect higher prices for gold. In addition, they expect their gold mining stocks to outperform gold.
Excitement is building among precious metals investors as gold prices continue to push up toward record highs. Although it’s now taking it on the chin here today, the monetary metal currently checks in at $2,008 an ounce and is now down 0.6% for the week.
Current data supports overall higher gold prices. Our ratio is on buy signal. Trend is DOWN for USD. Trend is UP for gold stocks. Trend is UP for gold. Our ratio is at resistance.
Back in 2020 and 2021 when the Federal Reserve printed about $6.5 trillion dollars, $2.3 trillion more on top of that gargantuan sum ended up in a monetary horror funhouse called "reverse repos". Financial institutions could dump their extra cash back in this thing...
April 14, 2023
Here are today's videos and charts.
With gold stocks’ powerful upleg gathering steam, more traders are piling in to chase this sector’s big gains. Plenty of fundamentally-superior mid-tier and junior gold miners have already enjoyed doublings in recent months. As mounting capital inflows accelerate...
Among the many facts of modern life that are accepted without question by most ordinary people is that it is somehow perfectly natural, expected, and unremarkable that every sovereign state should have its own currency.
The Fed minutes were published for all to see (in my case, ignore until this morning). Step right up, grab some cotton candy and listen as the Federal reserve, which is raising the funds rate in order to try to contain and repel the inflation it created in 2020...
It’s been a few weeks since the failure of Silicon Valley Bank (SVB). In my previous article about the bank failure, I argued against a bailout of both investors and depositors. Regulators allowed investors to lose their lunch in the bank failure, but ultimately...
There is a good reason why the Chinese understand the saying “May you live in exciting times!” as a curse. Economic and (geo)political developments in recent weeks and months have indeed been exciting. In many areas, it looks as if we are heading for a showdown, for...
On Thursday morning the latest producer price index results were released, and they showed a 0.5% drop over the past month, and a lower than expected 2.7% increase over the past year.
Peter St Onge, a Ph.D. economist and professor, joins the show to discuss the possibility of a gold-backed digital currency emerging from a Texas legislator and whether it would be implemented or if the Fed would prefer a central bank digital currency (CBDC), not...
April 13, 2023
Back in early-2018, I highlighted a quartet of stocks that had seen a surge in their prices that was far more significant than could be justified by their underlying business trends.
Aside from gold’s long-term value as an enduring and sound financial asset, many people take interest in the shorter-term aspects of owning the monetary metal and its monetary/commodity sidekick, silver. Today we update the weekly chart technical status of both...
In his latest conversation with WTFinance’s Anthony Fatseas, Matterhorn Asset Management principal Matthew Piepenburg answers the question: Is the worst behind us?
One of the concepts that many retail and even hedge fund managers fail to grasp, is the tenancy for easy phases in the market to be followed by difficult phases and difficult phases to be followed by easy phases.
April 12, 2023
Hugh Hendry, Founder of Eclectica Macro, joins the show to discuss the current state of gold prices and where they may be heading in the near future. Furthermore, we examine the recent decline in bank lending, the largest in recent history, the possibility of a...
Gary Tanashian of NFTRH.com understands gold stock and gold mining fundamentals like no other. In this interview he discusses the major potential fundamental change at hand, Silver acting as a precious metal, the broad negative sentiment on gold stocks and the...
April 11, 2023
“Expect the unexpected.” – Financial and economic crash expert Jeremy Grantham, April 7, 2023. Jeremy argues that America is in a super bubble… and the nation’s workers are being ruined by stockholders who push corporate boards to funnel profits into buybacks...
The traditional form of bank failure is a bank run. Bank runs have happened over and over again over the centuries, and they have taken down many banks and banking systems. In March of 2023, we saw bank runs take down three banks in quick succession: Silicon Valley...
If you have been reading my public articles on TLT over the last half a year, then you would know of my expectation to see the bond market rally into 2023, and rates falling into 2023.
The best performing precious metal for the holiday-shortened week was silver, up 3.64% and marking four consecutive weekly gains. Gold surged to the highest since March 2022 after weaker job opening data fueled expectations that the Federal Reserve may be nearing...
In this compelling conversation with Wealthion founder, Adam Taggart, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the current and vast range of headline market topics, signals and risks. Inflation, deflation, risk assets, bond stress,...
After breaking decisively through the $2000/ounce mark last week, the gold price is back at the $2000 level following Friday's labor report, which came in near expectations and left the market anticipating that the Federal Reserve may continue to raise interest...