Gold Editorials & Commentary

Gold sector is on major buy signal. Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up. We are holding long-term positions. 

With this recent Fed Repo Loan RAMP$ now was a good time as any to remind all Gold-Eagle.com readers where the last 2007 repo loan fiasco eventually led to big bank failures.

The gold miners’ stocks have largely been consolidating high following last summer’s powerful upleg.  That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again.  But the jury is still out on whether...

“Japanification” describes a severe and prolonged deflationary state in which demand drops, prices and wages fall, and economic activity remains moribund for decades. Japan has been trapped in a deflationary state since the collapse of the Nikkei stock market bubble...

The Fed kept the interest rates unchanged in December. The statement was rather hawkish, while the dot-plot rather dovish. What does such a mix imply for the yellow metal?

To the extent that some analysts reject the Fed/Wall St/Perma-Bull narrative that the Fed’s repo operation is needed to address “temporary” liquidity issues or was caused by the newer regulatory constraints, the only explanation offered up is that the financial...

Economists who understand credit cycles expect the current cycle to enter its crisis stage at any moment. Furthermore, it combines with increasing trade tariffs between the two largest economies to echo the conditions that led to the 1929-32 Wall Street crash and...

Bubbles, like a cocaine high, are fun while they last. History confirms that bubbles and cocaine are enjoyable, because central banks blow many bubbles and the U.S. imports a large quantity of cocaine.

The following is a deep dive into past Gold Price History. Most website visitors here on Gold-Eagle.com are from the USA and for that reason, we will begin with a gold price chart covering more than the last 700 years. Leading into the US dollar price of gold since...

If you follow our work, you are aware of our growing optimism on gold stocks in 2020. As we've written, the fundamental setup in 2020 should be bullish for precious metals. Meanwhile, the technical setup for gold stocks is one of the best we’ve ever seen.

Gold’s post breakout reaction back from its early September peak has evolved into a steady downtrend as we can see on its 6-month chart below. The approach of the rising 200-day moving average below suggests that this reactive downtrend will have run its course...

The last true enemy of inflation the Federal Reserve has seen died earlier this week. Paul Volcker, former chairman of the Federal Reserve from 1979-1987, has passed away.

As can be seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between the yellow bars of the total weekly funding of deficits by the Federal Reserve, and the green bars of the weekly deficit spending by the United States...

Sad moment. Paul Volcker, the former Fed Chairman went to Bank of Heaven. We are not reporting this news due to the implications for gold prices, but as an opportunity to reflect on changes in the central banking since the time of Tall Paul and on their consequences...

Gold-linked exchange-traded products are growing in popularity with investors. Assets held by gold ETFs have grown 38% globally in 2019. In October, according to the World Gold Council, gold ETFs attracted $1.9 billion in net inflows to reach a new record high total...

Can gold take out the 2019 highs and carry the miners on a mighty bull run that will stun all the naysayers? Goldman analysts think it will happen!

In the Tuesday report, I explained how gold has been forming interim highs in the opening days of a new month. Prices peaked the next day at $1489.90. The final breakdown appears to be underway, and we see the potential for a bottom by mid-December.

Gold, silver, and mining stocks reversed practically exactly at their double triangle reversal point and the short positions that we opened along with taking profits off the table from the previous long positions, became profitable almost instantly. There’s quite a...

Wall Street owns Washington DC – figuratively speaking. In literal terms, the largest banks in the nation own the Federal Reserve. They also bought and paid for a great number of DC politicians as evidenced by campaign contributions, Congressional voting records and...

While our contributions are usually about gold’s long-term price path, it pays off to supplement them with short-term opportunities when we see one. That will be the subject of the first part of this article, as we’ll discuss the upcoming short-term bottom and...

The best performing metal this week was palladium, up 2.04 percent as hedge funds increased their net-long position in the futures market to a five-week high. Gold traders and analysts are mostly bullish going into next week in the Bloomberg survey amid mixed...

WHAT WE SAY NOW:  Though we would not characterize 2019 as a breakout year, gold has certainly thrown off the restraints. As a result, it has been a very good year thus far.  Per Friday’s close (12/6/2019), gold is up almost 13.8% on the year even after accounting...

"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to...

Great traders are often the result of dedication to principle, theory, price study, and a solid understanding of Intermarket market dynamics.  The one thing that can't be taught, though, is experience behind the screens and with the markets. 

The short-term correction which had been predicted in the last newsletter occurred right on cue, but failed to reach 3035 which would have been a .382 retracement of the uptrend from 2856.  This suggests that that trend has not yet reversed conclusively and that new...

Large precious metals speculators increased 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.

Since mid-October the Dow Jones has been at a new all-time high, or within 2.5% of one in the BEV chart below.  I can’t complain about that.

Following Gold's fall from the 1500s back on 05 November, our missives these past several weeks have found us fairly bulled-up throughout. Trusting the 1454-1434 "support shelf" as a pricing base has thus far been Gold's saving grace.

Our proprietary cycle indicator is up. Gold sector is on major buy signal. Speculation remains high despite the current pullback. Stay focused on the big picture.

It is my privilege now to welcome back our good friend Greg Weldon, CEO and president of Weldon Financial. Greg has decades of market research and trading experience specializing in the metals and commodity markets and even authored a book back in 2016 titled Gold...