The USD Index soared relentlessly in the previous months and it happened in the face of more and more bearish news that should have made it decline. The USD Index showed strength even in light of US President’s calls for zero or negative interest rates! Is there...
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.
September 17, 2019
Way back in January, I showed you that the price of gold had beaten the S&P 500 Index over a number of different time periods, including the month, quarter, year… and even the century (so far!).
Last week was the first time since the beginning of the rally from SPX 2835 that indicators displayed negative divergence at hourly, daily and weekly levels simultaneously. This is a serious warning that the significant correction that I have been anticipating—I...
September 16, 2019
In this interview I discuss with Jochen Staiger of Commodity TV the massive energy accumulated in gold and silver over the last six years. Once this force unravels, it will lead to the next explosive move higher.
Last week, the prices of the metals fell further, with gold losing -$18 and silver falling -$0.73. On May 28, the price of silver hit its nadir, of $14.30. From the last three days of May through Sep 4, the price rose to $19.65. This was a gain of $5.35, or +37%....
Oil (Black Gold) surged over 15% after the attacks on the Saudi oil facilities; oil prices are now 10% higher with gold 1% higher and silver over 2% higher
No one said it would be easy for the laggard. Platinum made some strides, but it failed to get to the critical level. Platinum remains the precious bargain. Buying the dip using futures to take delivery. PLTM for those who do not want to hold the metal.
Why don't we start things off a tad differently this evening? Let me relate to you all a parable from the Book of Quantitative Easing where all is good and noble in the world of government oversight, the most widely used oxymoron in the history of mankind.
Several weeks ago, the market was in a precarious posture, and had an opportunity to drop down to my next lower targets between 2600-2700SPX. But, it invalidated the set up to point us down there for now, and began pointing back up towards resistance.
September 15, 2019
We've reminded our readers time-and-again per the above Gold Scoreboard that 1526 is our "aggressive" high forecast Gold price for this year. To be sure, following Gold reaching that 1526 target on 12 August (at 18:00 Pacific Time), price further punched through to...
September 14, 2019
Our proprietary cycle indicator is down. Speculation has peaked and will take weeks to unwind. Short-term volatility can be very sharp, stay focused on the big picture.
September 13, 2019
It was a hot monetary policy meeting yesterday. Faced with slow inflation and bleak growth, the ECB eased again, delivering a fresh stimulus package. What does it mean for the gold market?
Gold reversed hard last week after blasting higher for a month, leaving traders wondering why and what that portends. The answers are found in gold’s dominant short-term driver, speculators’ collective trading in gold futures. Their positioning has grown excessively...
Gold gained 1.7% after the European Central Bank unleashed easy money measures by cutting deposit interest rates and relaunched QE “for as long as necessary”
There is a very good chance that there will be a recession within the next 1-2 years, and this could even occur within the next few months.
September 12, 2019
The Fed cut the interest rates at the end of July. As the previous easing cycle started in September 2007, many analysts are saying that the current year looks more and more like 2007. We invite you to read our today’s article that compares the current year with...
It’s the most widely anticipated recession in history. The recession hasn’t arrived yet – and may not do so anytime soon – but the mainstream media still can’t stop talking about it.
The charts below are telling me we crash lower on 9/12 and again on 9/18-19ish.The expected 9/12 bottom should hold the SPX 2870 area. The 9/18 to 9/19 or the 20th move should go down below the 8/5 low to create an irregular bottom either on 9/19 or 9/20.
September 11, 2019
Gold and gold stocks declined yesterday, but silver hesitated. Does this, plus the fact that gold is up so far in today’s pre-market trading indicate a short-term bottom? Or is the picture even on the verge of turning bullish?
WHAT BIG CON? There are so many in the worlds of central banking, economics, government, and money that we list only a few.
This research post continues our effort to keep investors aware of the risks and shifting capital opportunities that are currently taking place in the global markets. We started in PART I of this article by attempting to highlight how shifting currency valuations...
Is the gold price reaction over? Well, since the rally began in the $1170 area, corrections have not lasted very long.
I think this market has been providing many investors with whipsaw and head aches, which has also caused much head scratching. (And, yes, that little itch may be telling you something.)
Gold will “trade stronger for longer” and Citigroup see gold possibly topping new nominal highs at $2,000 an ounce in the next year or two
September 10, 2019
"The permabulls will tell you that the bullion banks and their treasury department conspirators have lost all power in this 'new paradigm' and we should relax and refrain from worry. I tend to disagree because wounded animals are the singular most dangerous of all...
August nonfarm payrolls came in short of expectations. Earlier months were also marked by downward revisions. Does it send a signal to act for the Fed, and what is gold likely to do in return?
It has taken a few weeks to play out but our warning of a correction in precious metals (first on August 18) is coming to pass. Last week gold, silver and GDX all formed big bearish reversals at multi-year resistance levels. Yes, these resistance levels (gold $1550...
1) The End of the Long-Term Debt Cycle (When Central Banks Are No Longer Effective). +2) The Large Wealth Gap and Political Polarity. + 3) A Rising World Power Challenging an Existing World Power.
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, he even authored a book back in 2006 titled, Gold...
September 9, 2019
“It’s nothing to worry about, gold and silver will rally back up shortly” – most analysts say right now and also said in the mid-90s.