Gold sector is on major buy signal. GLD is on short-term sell signal. Gold sector cycle is up. We are holding long-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.
November 30, 2019
November 29, 2019
The Fed has published this month the newest edition of its Financial Stability Report. Generally speaking, the level of vulnerabilities in the financial system has moved little since the publication of the May edition of the report. The most of the US central banks...
Big systemically important banks could be in failure mode. A small group of big Western banks are in deep trouble. The officials might keep it all secret, working feverishly behind the curtains to patch their myriad holes with paper.
Central banks’ purchases and repatriations of gold have caught our attention once again. In October, Serbia’s central bank bought 9 tons of gold, following in the footsteps of many other central banks that have been adding to their gold reserves recently, including...
Gold reversed yesterday, and so did the rest of the precious metal sector. Mining stocks and – what’s important – silver showed strength relative to gold and rallied even more than gold. Silver’s strength is important because it indicates that we are already in the...
Gold is all that nationalist leaders in Europe’s east can talk about these days. Just this week, Poland’s government touted its economic might after completing the repatriation of 100 tons of the metal. Over in Hungary, anti-immigrant Prime Minister Viktor Orban has...
November 27, 2019
Investopedia says, “In the United States, the Federal Reserve acts as the lender of last resort to institutions that do not have any other means of borrowing, and whose failure to obtain credit would dramatically affect the economy.”
Poland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.
The precious metals sector remains in a correction. The miners have shown some positive signs, but are not ready to move yet because the metals likely have more correction ahead.
Two of our favorite charts for following the US markets are suggesting the markets are range bound headed into the end of 2019. The news may continue to push the price higher as the overall bias has continued to be to the upside.
November 26, 2019
My first faithful dog Fido (circa 1963) and I used to play a game years ago before his eyes and hips started to go a tad "wonky," and in that respect, we were and are quite similar. They say that dogs tend take on the appearance of their owners (or vice versa), so I...
With India’s titanic physical market now switching from a price discount to a premium, the door is open for the end of gold’s healthy and graceful price reaction.
Every gold investor knows about the inverse link between real interest rates and gold. One of the key determinants of real interest rates are nominal interest rates. Within today’s article, we’ll examine the Fed monetary policy turns – just how did they affect the...
The USD Index rallied on Friday, and gold responded with an intraday decline – that’s normal. What’s not necessarily normal is the size of the daily change in gold compared to the size of USD’s rally.
Flying in the face of negative economic news, U.S. factories picked up steam for the third straight month in November. The preliminary manufacturing purchasing manager’s index (PMI), a leading indicator we closely track here at U.S. Global Investors, pulled further...
First, the good news from — though it’s not great! Oxford Economics expects the global economy to stabilize in the first half of next year in a new forecast.
November 25, 2019
Below is a quick 10-minute update covering how gold bullion is continually accounting for our fiat financialized world having now made new record-sized promises much of which will not be delivered in full, if at all.
Physics students study mechanical systems in which pulleys are massless and frictionless. Economics students study monetary systems in which rising prices are everywhere and always caused by rising quantity of currency. There is a similarity between this pair of...
Have we learned the lessons of 2008? Stand-up comedians Konstantin Kisin and Francis Foster interview James Rickards.
With the latest news of Louis Bacon’s closing down his hedge funds, we are seeing further evidence of the difficulties hedge funds have been having during recent years.
For the past three weeks SPX has been grinding higher, seemingly glued to the exterior of the lower line of the blue channel which started at the 2346 low. That channel line has served as a strong resistance line and, sooner or later, prices are going to fall away...
November 24, 2019
The precious metals sector has been on the defensive since gold's COTs reached extreme readings in August, and silver broke down from its parabolic uptrend in September. Many think that the sector correction has now run its course, but has it? That is the question...
This week opened with the Dow Jones closing at a new all-time high on Monday; it then lost headway closing the week -0.57% from Monday’s close.
In looking from here into year's end, our best judgmental read is for higher Gold ahead. With Gold having settled out the week yesterday (Friday) at 1462, you may recall from a few missives back our having been asked at a Sunday Investors Roundtable as to "Where do...
November 23, 2019
Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. GDXJ is on short-term buy signal.
November 22, 2019
Gold bugs will remember 2012 as the last year of hope that gold was still in its bull cycle as it managed to hold key support around 1550 into year end.
In 2019, one of the market’s most surprising stories has been the massive bull trend movement that has been established in gold. Additionally, a series of unpredictable changes occurred in the realm of monetary policy, as the Federal Reserve has already broken with...
The mid-tier gold miners just reported their results for a phenomenal gold quarter. In Q3’19 this metal surged after its first bull-market breakout in years, driving much-higher prevailing prices. That should’ve led to soaring profits for these mid-tiers in the...
The U.S. manufacturing sector has been growing weaker recently, entering recession. How serious is this contraction, and does it have the power to spill over to the broader economy? Let’s turn to gold – how far can these developments take us on the yellow brick road...
Here are today's videos and charts.