Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
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.
February 19, 2021
The gold miners’ stocks have had a tough week, sinking to marginal new correction lows. So far this is a technical retest, driven by a parallel one in gold. While uncommon and unpredictable, these retests are very challenging psychologically. The resulting...
Under the Biden administration the economy could overheat, thereby increasing inflation and the price of gold. In January, Biden unveiled his plan for stimulating the economy, which is struggling as the epidemic in the U.S. continues to unfold. Pundits welcomed the...
Lets start with the daily bar combo chart for the PM complex which shows the August trading range still under construction making lower lows and lower highs for the most part.
There is an old rhyme once used in economics books. "Money is a matter of functions four: a medium, a measure, a standard and a store.” Three of these functions are clear. A medium of exchange is what people use to pay for goods.
February 18, 2021
With the yellow metal just posting its lowest close since June and a bearish pattern forming, how vulnerable is gold to a further decline? Gold and mining stocks just broke to new yearly lows – as I warned you in my previous analyses. And that’s only the beginning...
While there is a growing consensus that the days of fiat currencies are finally drawing to a close, the debate about their successor is misinformed due to a lack of understanding about the qualities required of money. This growing consensus is still a minority view...
Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE, US$11.34) reported its latest quarterly results, inline with expectations, with a total of just over 66,000 "gold equivalent ounces" (GEOs) sold in 2020. This is expected to increase to around 85,000 GEOs this year.
Imagine your favorite company getting sued for holding too much cash. I know, that's a big statement. But hear me out. Corporations, pension funds and insurance companies—anyone responsible to stakeholders—could one day face class-action lawsuits if they don't...
In the current market environment, little else matters other than momentum. What’s moving up gets chased higher still by investors. And what can be moved up by any means is pursued by speculators who hope to jump-start a momentum trade.
February 17, 2021
With rising bond yields crushing gold, and the yellow metal touching yearly lows, there is one detail that has not received attention. I recently wrote that I would provide the details for the analogy to 2008 in the mining stocks, and that’s exactly what I’m going...
I’ve been in this sector long enough to know this fear isn’t anything new. Various and different characters, most of whom have a dubious track record, have been pushing this narrative as far back as the early 2000s.
February 16, 2021
This is our annual analysis of the gold and silver markets. We look at the market players, dynamics, fallacies, drivers, and finally give our predictions for the prices of the metals over the coming year.
Gold is dodging bullets, as it comes increasingly under fire from rising U.S. interest rates and a USD that is poised to surge. Catching unsuspecting traders in yet another bull trap , gold’s early-week strength quickly faded. And with investors unwilling to vouch...
A fundamental tenet regarding money and inflation is that ongoing money creation by governments and central banks (Federal Reserve) cheapens the value of all money (US dollars) in circulation and leads to a loss of purchasing power. The loss in purchasing power...
March Madness is a term referring to the college basketball single-elimination tournament of 68 teams, leading up to the “Final Four,” from which the ultimate college basketball champion is determined. Most of the games take place during the last half of March, with...
February 15, 2021
SPX Long-term trend: There is some good evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before coming to an end.
February 14, 2021
Last week's trading saw gold spiking sharply higher into Wednesday's session, with the metal pushing all the way up to a high of 1856.60. From there, however, weakness was seen into Friday, here dropping back down to a low of 1810.10 - before bouncing off the same...
Here’s the Bear’s Eye View (BEV) of the Dow Jones going back to 1885. What's the Bear's Eye View? It's how Mr Bear has looked at the Dow Jones since 1885, with every new all-time high registering as a 0.00% (or Bev Zero in BEV Lingo), and every daily close not a...
Most of you are seasoned enough to remember weathering (else you're likely not around anymore) the "Black Swan Financial Crisis" of 2008-2009. And when old Swannee flew, all of our BEGOS Markets (Bond / Euro / Gold / Oil / S&P) were initially flushed down the...
February 13, 2021
Every week I notice the agony ratcheting up incrementally. While the rest of the casino takes off to the speculative heavens, gold sits on its heavy ass and the gold miners go nowhere in a downward-biased perma-correction. Or so it seems. It’s all normal and I’ll...
Our proprietary cycle indicator is down. Gold sector remains on long-term BUY at the end of January.
Regardless of one’s politics, most would agree that extremely complex issues are typically given extremely misleading titles. Not all those of the extreme left, for example, are all that “woke” and not everyone on the far right, to be fair, is a “domestic terrorist...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
February 12, 2021
With demand soaring for high-potential trades, newer speculators and investors shouldn’t overlook the gold miners’ stocks. For decades contrarians have used this volatile sector’s big swings to multiply their capital. Gold-stock uplegs yield massive gains, which...
We’re deluged with numbers these days, many of them huge, ominous departures from historical norms. But one matters more than the others. To understand why, let’s start with some history.
The pandemic winter will take longer than we thought. The longer we struggle with the coronavirus, the brighter gold could shine.
We have entered a period the likes of which we have never seen before. The collapse of the dollar and dollar assets is growing increasingly certain by the day. The money-printing of the dollar designed to inflate assets will end up destroying the dollar.
Gold and silver aren’t the only viable plays in the metals space – and they aren’t currently the leaders. On Wednesday, both copper and platinum rallied up to multi-year highs. Rhodium, meanwhile, currently commands $21,000 per ounce – yes, per ounce – making it one...
The Idaho State House today overwhelmingly approved a bill which enables the State Treasurer to protect state reserve funds from inflation and financial risk by holding physical gold and silver.