Today, understanding palladium is more important than ever, because there are important correlations between the palladium/gold ratio and stock market prices. Currently, the ratio of palladium to gold is giving warning signals for both the economy and the stock...
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 25, 2016
What a last 24 hours for markets! At one point Gold was up $100/oz, S&P500 futures were limit down and the British Pound was down over 8%! The volatility has subsided, perhaps temporarily and Gold settled around $1320/oz as Silver settled below key resistance at...
Gold sector is on a new major buy signal. However, the sector is vulnerable to a multi week correction which is long overdue. Silver is on a long-term buy signal. Short-term is on buy signal. However, silver is vulnerable to a multi-week correction which is long...
June 24, 2016
Technical Analysis of The Markets Via Videos.
Janet Yellen should send a note of congratulations to Nigel Farage and Boris Johnson, the British politicians most responsible for pushing the Brexit campaign to a successful conclusion. While she's at it, she should also send them some fruit baskets, flowers,...
Gold’s recent weakness has dampened bullish sentiment, but the entire precious-metals complex has actually enjoyed record early-summer strength. The summer doldrums have always been a vexing time for gold, silver, and the stocks of their miners. Without any...
BREXIT! I have to admit, I did not believe it would happen. Rather, I did not believe it would be "allowed" to happen. In retrospect I believe the elites will look back and wish they had "Diebold" doing the vote count. This vote has so many various ramifications...
Now the real ‘fun’ begins. Last night Britons voted to leave the European Union, sending shock waves around the world -- though not directly or immediately threatening the concept of European integration.
Regardless of the extent to which global fear mongers are right about the economic catastrophe that will hit every shore of the world after the Brexit, the most significant fact of the Brexit will be that the UK was the first nation to start the inevitable break-up...
The collective decision of the British electorate is to reject the recommendation of its government, excepting those of its few dissenting ministers, that Britain should remain in Europe. It is a signal failure of government policy. Above all, it is a failure that...
There has been record online sales on the GoldCore website for this time of day and the phones are ringing off the hook. We have had more sales than during the Lehman crisis and at the height of the Eurozone debt crisis. It is nearly all buying with a preference for...
With the half-year end just 5 trading days away, we suddenly have a small black gosling on the radar coming in to land. The question whether it will in fact land is perhaps not as important as to how large it will by the time it does so. As I write this on Friday...
June 23, 2016
It appeared the gap between the S&P500 and the Bloomberg Commodity Index was finally beginning to close, when we first published this chart. However, it was apparently just a flash crash for the S&P500 as the index continues to climb, while commodities in...
With each passing day, systemic risks in the financial system become greater. Smart money insiders and billionaire investors are taking note – and taking defensive actions.
Since its recent low at $1,200 on May 30th gold posted a massive rally reaching $1,315 last Thursday. Since then gold has started to retrace back towards the February highs at $1,262. So far everything is within a normal pullback. But the probability for a larger...
Franklin once said: “So convenient a thing is it is to be a reasonable creature, since it enables one to find or to make a reason for everything one has a mind to do.”
BREXIT Day and the UK EU referendum is upon us today and investors are expecting continued choppy trading in financial markets in the coming hours. The City of London is bracing itself for potentially the most volatile night since the sterling devaluation on Black...
June 22, 2016
The middle window is the TICK/TRIN ratio with a 5-period moving average. This ratio hasn’t said much this year. However, it has now reached oversold levels suggesting there is support here at least short-term. This indicator suggests the Gap near 210 on the (NYSE:...
We live in a world where the main driving force behind this illusory economic recovery is hot money and data manipulation. According to Government stats, inflation is nonexistent. However, anyone with a grain of grey matter understands that this is not the real...
With the UK’s referendum coming up on June 23 2016, the possibility of the UK leaving the Eurozone is becoming a probability, according to polls in the UK. While global financial markets have been tensioning up ahead of the votes and the discussion has targeted the...
Gold stocks need very specific conditions in order to perform well. The last time most of these conditions were present was during the Great Depression. However, conditions are currently shaping up to be even more ideal.
Examine the 30+ year graph of the gold to silver ratio. This is the Big Picture perspective. The ratio moves from low to high and back to low in long-term patterns. I have shown the large scale moves with red (up) and green (down) arrows.
The US dollar is still the world’s dominant reserve currency for global trades. The question is: will the petrodollar system continue to hold? The short answer is: yes in the near future, as there are no viable alternative at present. In our separate article, we...
This past week saw some very exciting movement in the metals. There was something for the bulls and the bears alike. But, for now, the bulls still have the edge, at least in my humble opinion. Yet, the price action and sentiment have many looking much lower now,...
July 5th keeps coming back as an important cycle low for the stock market. The recent daily Bollinger Bands on the SPX shows increasing constriction, which in the past pointed to a possible melt down, similar to what we saw from August 18-24, 2015.
I think we can safely assume the Brexit vote is going to fail. This should be bullish for stocks and bearish for the dollar. A falling dollar should be good for gold. However, with stocks and oil moving higher it’s likely to take some focus off gold.
Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to “...
June 21, 2016
During my most recent webcast a couple of weeks ago, I had the pleasure of being joined by the CEO of the World Gold Council (WGC), Aram Shishmanian. As expected of someone of his stature, Aram brought another level of insight and expertise to our discussion of gold...
This year’s presidential election is getting lots of attention, and many are wondering how the outcome might impact the gold and silver markets. How will a Donald Trump victory affect gold prices -- and what will be the impact of a Hillary Clinton presidency?
Gold moved lower, as we expected, in the overnight session, and we reached 1272.00, at the time that this Post was being written. We still expect that our current correction is going to continue, no matter which option this market is ultimately going to follow.