In June the UK received a gold shipment worth $150 million dollars from Argentina. Most likely, the gold was sent by the central bank of Argentina (BCRA) to be used as collateral in the London Bullion Market.
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.
August 18, 2024
The Dow Jones, in its BEV chart below doesn’t much look like it, but it closed the week only 1.31% from its last all-time high. Something that didn’t seem likely on Monday August 5th, when the venerable Dow closed with a BEV of -6.06%, on a day when the global...
August 17, 2024
Our proprietary cycle indicator is DOWN. Speculation has set a new high. Our ratio is on a new buy signal. Trend is now UP for gold stocks.
In a recent Money Metals podcast, host Mike Maharrey interviewed Frank Holmes, the CEO and Chief Investment Officer of U.S. Global Investors, and Executive Chairman of HIVE Blockchain Technologies.
The push to raise the minimum wage is relentless. For a while, it was "Fight for $15," but with rampant price inflation, a $15 an hour minimum wage isn't sufficient. Now it's "Fight for $20." Heck, it might even be "Fight for $25" at this point.
August 16, 2024
Here are today's videos and charts.
The major gold miners just reported their best quarterly results ever! Record gold prices combined with lower mining costs catapulted unit earnings to dazzling new records. Yet despite exploding profitability, gold stocks continue to lag gold’s mighty upleg. This...
Last week, I wrote an article entitled “Reasons For A Crash.” And, I will let you in on a little secret – I actually wrote that title as a test. You see, I assumed that the great majority of those that clicked to read the article would do so because they expected...
Don’t be fooled when you hear “inflation is coming down.” That's not the plan and it never was. The fact is price inflation was up in July. And it will be up in August.
August 15, 2024
Can we save the dollar before central banking kills it? Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man.
In an interview this week with Mark Moss of Market Disruptors that is posted at YouTube, Luke Gromen of the Forest for the Trees financial letter notes something about the U.S. Treasury Department and Federal Reserve that has also been contemplated by other...
It was well over two years ago that we noted the tardy Fed and its “transitory inflation” shtick had finally started to take the inflation problem it was primary in creating seriously. You can click Lael Hawk-eye Brainard for that May 2, 2022 post I made noting the...
In this week's edition of the Money Metals Midweek Memo, host Mike Maharrey tackled what he described as three of the "dumbest" ideas currently floating around in the realm of economics, all while battling a cold.
This video covers these 5 charts: The 60/40 PF vs. Gold, Silver vs the 60/40 PF, Gold Stocks vs. the 60/40 PF, the 60/40 PF vs CPI and Gold vs. a 60/40 fund.
Various Russian officials have made comments alluding to a greater gold involvement in the monetary system ever since (and in some ways even before) they were kicked out of the SWIFT system in 2022.
August 14, 2024
So, you’re thinking about investing in gold and precious metals, but you’re hesitating because there’s an election coming up. You’re not alone. Many people think they should wait to see what happens at the polls before making a move. But let’s break down why that...
As the richest nation and the world’s largest economy, it is hardly a surprise that the United States holds the most gold. What is surprising is where the gold isn’t: the United States Federal Reserve, known colloquially as the central bank.
A couple of weeks ago, the national debt blew past $35 trillion. There were a few articles bemoaning the ballooning debt, but no substantive calls to rein it in. Meanwhile, the Biden administration continues to spend America into oblivion.
Despite several abrupt recent selloffs, the gold price is back above $2,500 as its stunning year continues.
Keith Weiner predicts the turmoil in the economy and the ultimate direction of bank collapse. He also discusses how silver and gold prices are set to skyrocket
August 13, 2024
Gold is the world’s greatest money. All the other financial markets are best viewed as simple tools that can be used to get more gold.
Gold will trade higher three months out from now as the Federal Reserve cuts interest rates, China’s economy continues to drag along, and central banks (big, medium, and small) go on stacking up bars in their vaults. According to Bloomberg, retail investors may even...
Many central banks are opting for a “stateless currency” – gold. That’s how a recent article published by Nikkei Asia put it, noting that “central banks are diversifying away from the dollar and yuan.”
Money-supply growth rose year over year in June for the second month in a row. This is the first time the money supply has grown for two months in a row since October of 2022. The current trend in money-supply growth suggests a significant turnaround from more than...
The last few weeks are pointing to clear directional markets in the coming weeks, months and probably years. Stocks have peaked. Gold and Silver have resumed a secular uptrend. (price targets later in the article). US 10-year Treasury yields are heading much higher...
This week, the brilliant journalist and financial analyst Mike Maharrey of Money Metals revisited the recent dream of inflationists......to increase the U.S. money supply by means of the U.S. government's creation of one or two platinum coins with trillion-dollar...
Gary Tanashian, editor and publisher of NFTRH thinks the fundamentals for gold mining companies are the best in 20 years.
Throughout an historic gold and silver rally in 2024, one of the standout features was that there was heavy buying by China, central banks, and investors in the east. Yet little interest in the west, where the ETFs have seen consistent outflows, while the bullion...
August 12, 2024
The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentals.
Gold was fractionally higher this week as Silver lost 3%. The miners lost 2%-5%. Big early week weakness was bought and Silver & silver stocks bounced at their 200-day moving averages.