It is my privilege now to welcome in JP Cortez with the Sound Money Defense League, a nonpartisan national public policy organization working to restore sound money at the state and federal level. JP is a proponent of and has studied in the Austrian school of...
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.
December 20, 2019
The gold miners’ stocks have suffered a lackluster few months. That’s a disheartening contrast to their powerful summer upleg on gold’s bull-market breakout. While this healthy gold-stock correction likely isn’t over yet, the gold miners remain very undervalued...
Nearing the end of 2019, our research team continues to attempt to dissect the market rally in an effort to present credible research and timely insights to skilled technical traders. We recently authored a research article discussing the potential that the US...
We started yesterday’s analysis with the investigation of the Euro Index and gold price in this European currency. Today, we’ll take a moment to analyze the gold market from the Indian point of view. Gold has a special place in the Indian history and culture, India...
A week ago, Lagarde chaired the monetary policy meeting of the Governing Council of the ECB for the first time. An insightful press conference followed in the footsteps. What will her presidency imply for the ECB’s policy and the gold market precisely?
December 19, 2019
In recent weeks we’ve noted the positive developments in the gold stocks despite the sector being in a period of correction. Last week we shared the idea that the next impulsive move in gold stocks might begin when the correction in the metals ends.
The title of this essay is part of a statement made by Stewart Thomson, editor of the investment letter, Graceland Updates. His full comment reads, “It takes more than viewing charts and government debt numbers to understand gold as the world’s ultimate asset. What...
Since the Great Financial Crisis started in 2006, global debt has more than doubled from $125 trillion to $260 trillion. The more money that has been printed, the lower interest rates have gone. In 2006 US short term rates were 5% and between 2008 and 2015 they were...
Brexit has become very likely due to result of the UK vote. But so what (gold- and currency-wise)? The uncertainty dropped significantly, and markets were able to sign a breath of relief (bearish for gold), but on the other hand Brexit itself increases the...
The Continuum (the systematic downtrend in long-term Treasury yields) has for decades given the Fed the green light on inflation. Sometimes it runs hot (as per the red arrows) and sometimes it runs cold. One year ago people were confused about why a declining stock...
December 18, 2019
Dear Mr. Taft: I eagerly read your piece Warriors for Opportunity on Wednesday, as I often do about pieces that argue that capitalism is not working today. You begin by saying: “Financial capitalism – free markets powered by a robust financial system – is the...
Dear Investor, You are probably already getting into the holiday spirit, perhaps you are even under a little stress. But the turn of the year will soon be here – an occasion to review the past year and make plans for the new one.
China and the U.S. have reached a preliminary agreement, which softens their trade war, while the landslide victory of Conservative Party in the UK parliamentary elections clears the path to Brexit. Given that downside risks for the global economy are now...
I know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents?
December 17, 2019
The Federal Reserve left its benchmark interest rate unchanged as expected last week. However, Fed Chairman Jerome Powell made news with some of his most dovish remarks to date – stating flatly that he won’t hike rates again until inflation moves up significantly....
The amount of debt in both China and the United States is horrifying and it continues to grow. Debt growth is worshipped by millions of people who think it is a cure rather than a disease.
We are starting to get a stronger sense of what will be causing 2020’s advance in gold and silver: weakness in the US dollar and a concurrent inflationary spike in the entire commodity sector.
In Friday’s Alert, we warned that gold and USD movement in the next few days might be a bit chaotic due to the geopolitical news that are currently hitting the markets. The new steps in the Brexit saga and the U.S.-China agreement continue to support intraday...
The second week of December played out in a picture-perfect manner offering little to no surprises per our expectations. If you recall, this setup was fully assisted by the ongoing bull train/trend and the first week of December daily 20EMA "stick-save" setup where...
December 16, 2019
Our contributions most of the time deal with the long-term gold price path. Today though, we’ll shine the spotlight on the USD Index as that’s the key for unlocking gold price path just ahead. Precious metals investors are well aware of the inverse correlation ...
The best performing metal this week was platinum, up 3.57 percent as money managers increased their bullish outlook and took their net long position to a 22-month high. Gold traders remained bullish on the price outlook for bullion even amid trade optimism early in...
Federal Reserve Chairman Jerome Powell’s comments on inflation last Wednesday added fuel to the contra-dollar trade.
In my previous article here on Gold-Eagle.com back in early October, I discussed my primary method to fundamentally value gold using growth of per-capita money supply and real interest rates.
Tonight I would like to update some commodities charts we haven’t looked at in a while. There have been some subtle changes taking place that need to be addressed. Just like the PM complex that topped out in 2011 many commodities also topped out that same year and...
Correctly predicting the market trend requires an objective analysis of the supply and demand forces which are constantly in play. In my opinion, the methodology of P&F is one of the best ways to demonstrate graphically this perennial struggle.
December 15, 2019
Earlier this year, various gold stock indices (XAU, HUI, GDX) gained more than fifty percent in just three months. Most of the negativity associated with the sector was brushed aside and replaced by positive expectations for the future.
Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1463.00 figure. From there, a slingshot higher was seen into late-week, with the metal running all the way up to a Thursday peak of 1491.60 - before backing slightly...
Large precious metals speculators cut back on their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
History doesn't already repeat itself -- and traders who blindly expect it to so do (i.e. sans subjective review) are oft flushed down the loo -- but 'tis the season to be jolly. For in looking per the above Scoreboard at Gold's weekly price tracks for each of the...
This week will be an abbreviated article. Holiday and personal items I must attend to seem to have piled up at the end of the week.