Paul Tudor Jones, the Tudor Investment Corporation founder, believes that gold is the best trade and is going to “scream” over the next year to two years. He outlines his reasons why with Bloomberg’s Vonnie Quinn on Bloomberg Markets.
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.
June 13, 2019
As we've been warning over the past few weeks and months, the current price rotation in the US stock market is very much related to the strength of the US Dollar and the continued Capital Shift that is taking place as trade issues and currency valuations drive...
June 12, 2019
Quickly after the volatile plunge, gold reversed and it’s moving higher in today’s pre-market trading. The $64,000 question is whether this is a correction within the decline, or did the huge rally just resume after a pullback. Which proposition will reassert itself...
Stocks surged last Friday following a U.S. jobs report that, to put it mildly, fell far below expectations. At first this might seem counterintuitive. Shouldn’t signs of a slowing economy act as a wet blanket on Wall Street?
The 2020 presidential election is already shaping up to be one of the most bitterly contested in history. The outcome could have enormous ramifications for all asset markets, including precious metals.
With 2019 progressing along the path of our 2010+9 thesis, and with the next FOMC meeting slated for next week, we thought this week would be an excellent time to update the charts and begin to look ahead to the back half of the year.
We can face reality by swallowing the “red pill” (from the movie “The Matrix). This choice is uncomfortable because it opposes the propaganda from mainstream media, government statisticians, and Wall Street cheerleaders.
Gold prices have moved higher today after hitting a one-week low yesterday. Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher.
The more times a level is tested, the weaker it becomes and the more likely it is to break. Once again, Gold has rallied up to the wall of resistance in the $1350 to $1375 region. Gold has previously tested that wall a handful of times but failed to break through....
June 11, 2019
On Friday, it was announced that the U.S. added merely 75,000 jobs in May. Needless to say, a severe disappointment on the downside. The talk of an oncoming recession, and the interest rate cut speculations – were boosted. Is it justified? How close are we actually...
A lot of Americans getting a myriad of government entitlements thought that President Trump would recreate the 1950s for them. If Trump had eliminated the PIT (personal income tax), capital gains tax, and corporate income tax, I’ve estimated that around $100...
Americans’ trust in institutions, from the federal government to banks to the news media, has been deteriorating for decades. Sixty years ago, three quarters of Americans expressed faith in the government to do the right thing “most of the time” or “just about...
Gold suddenly broke to the upside on the morning of Thursday, May 30th, 2019. After rising nearly $70 – a 5.4% gain and eight-straight days of posting gains, it took a breather on news that Mexico would take steps to stem migrant flow to the United States, thus...
June 10, 2019
It is measure of how fragile and precarious the situation is that the moment the markets looked like they were on the verge of crashing again, which of course they were, the Fed moved to head it off by saying that they would start cutting rates. How things change as...
Before we go any further, let it be known that in the days leading up to this Friday night missive, I have gone from “NET LONG” to “NET SHORT” gold, silver, and the miners. Those receiving my email blasts and those following me on Twitter ( @Miningjunkie ) have been...
In what has become a four-part series, we are looking at the monetary science of China’s potential strategy to nuke the Treasury bond market. In Part I, we gave a list of reasons why selling dollars would hurt China. In Part II we showed that interest rates, being...
Closing out the first week in June 2019, the US stock market rallied hard from recent lows and prompted many traders/investors to rethink their future plans. At the same time, Gold and Silver began a decent price rally of their own while Oil found support just...
Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook.
The cosmic cluster is June 10th-14/16-June 24th. June 10-18 sees a large drop to around 2668/70ish (especially after June 14). The 18th (Merc conj. Mars) is the midpoint of the next Bradley Jun 16-20 (last Bradley June 2-4). June 21 Neptune turns retrograde so we...
“Friday’s price action showed some reluctance to move lower aggressively, and this resulted in some minor positive divergence developing in the hourly as well as the daily chart. The price pattern that we are making suggests that the decline is ready to take a...
June 9, 2019
We are seeing positive charts for Gold, with several different patterns and wave mappings confirming the Bullish case. They all have an upside price target for Gold of 1,600 to 1,650ish over the coming months. Let’s take a look.
It’s hard to believe that the massive H&S consolidation pattern we’ve been following for several years began to develop all the way back in 2013 during the initial crash off the 2011 high. This weekly line chart shows the price action closing this week right on...
Last week it appeared the Dow Jones Index had one foot in its grave and the other on a banana peel, ready to break below its BEV -7.5% line and on its way to the -10% line in the BEV chart below. I didn’t believe it would move lower by 2.5 BEV points in a single...
Gold just posted its best net weekly percentage gain (+2.6%) since that ending 13 April 2017, (and its best weekly points gain [+35] since that ending 29 April 2016).
June 8, 2019
Gold sector is on major buy signal. GLD is on short-term buy signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal.
“Shanghai Gold will change the current gold market with its ‘consumed in the East but priced in the West’ arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed.” – Xu Luode, Chairman, Shanghai Gold...
June 7, 2019
Ladies and Gentlemen, we have a tie! The current expansion already lasts as long as the economic boom that started in March 1991 and ended in March 2001. We invite you to read our today’s article, which compares both expansions and find out whether the current boom...
Here are today's videos and charts.
Gold surged sharply over this past week or so, nearing a major bull-market breakout! Nearly everyone was surprised by this violent awakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power, gold has...
If there is one concept that illustrates the difference between a top-down macro-economic approach and the reality of everyday life it is the velocity of circulation of money. Compare the following statements: