Indubitably, current US stock market topping pattern is fueled by unbridled greed and unrealistic Stock Buy-Back schemes fueled by the Fed’s Negative Interest Rate Policies (i.e. Quantitative Easing). However, as it did in 2001-2003 and again in 2007-2008,...
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.
May 31, 2016
The voice of complacency says no pullback in gold. Anyone who took profits will not get a chance to reenter. Here is the chart. Clearly this analyst was expecting gold to soon take out the 2014 high. It’s forming a Bull Flag and Cup&Handle patterns in...
BREXIT gold diversification is taking place due to concerns about the BREXIT vote on June 23rd as “smart money” institutions, banks and investors diversify into non-negative yielding gold.
If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets. Then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts.
Since early February I have visually described my position and mental framework in the precious metals market as being “Cool as a Cucumber”. This has served me well as it has allowed me to stay invested as the move powered higher and many bailed to the sidelines...
May 30, 2016
The price of gold staged a spectacular rally in the first quarter of 2016. It gained in value by 17% (in terms of US dollars). This was its best performance in almost three decades, while significantly outperforming other major stocks and bonds. We have now entered...
I have now been involved in the analyst side of this business for almost 5 years. During that time, I have had the opportunity to interact with the almost three thousand members in my trading room at https://www.elliottwavetrader.net/ , who range from novices to...
The dollar moved up…though most people would say gold fell about $40 and silver 32 cents. In the mainstream view, the value of the dollar is 1/N (N is the quantity). So how could the dollar go up? Certainly, the quantity keeps on increasing.
Having broken its long-term bear phase with a bang, gold continues to consolidate as we expected. Our forecast was for a drop from $1300 to sub $1200. We are nearly there…and whilst many were bullish at higher prices, our analysis pointed to a different outcome.
Gold price forecasts have been revised higher in recent weeks and Citi became the latest bank to revise higher their projections for gold, despite the recent weakness in the price.
There is (very) important support for the SPX between 2040 and 2043. It will have to be broken decisively in order for the index to resume its long-term downtrend. After finding support at the bottom of a major trading range, SPX is again approaching the top of the...
May 29, 2016
The idea that gold is being manipulated by the US Government, by central banks and other nefarious creatures has been around as long as I can remember. It was prevalent in the mid-1960s when I first got interested in the markets and it is still prevalent now, some...
My optimism last week that the gold and silver longs would mostly ride through the attack on the metal prices holding onto their positions, perhaps buying even more, was a little too rosy. What surprised me was that while we are used to the waterfall attacks in New...
The Dow Jones Index had a good week. Early on it was at risk of declining below its BEV -5% line in the Bear’s Eye View chart below. That didn’t happen; instead, at the end of the week the Dow closed above its BEV -2.5% line. For a week in the market this isn’t...
Gold speculator and large futures traders sharply decreased their gold bullish positions last week to the lowest level in seven weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
As oft occurs in the South of France, Gold has taken on a bit of springtime French fever, i.e., 'tis gone on strike. This time of year up and down the Riviera, from the tennis matches in Monte-Carlo and Nice, to the film festival in Cannes, to the Grand Prix in...
May 28, 2016
With the holiday weekend, the focus will be on charts, because ultimately they reveal the truest story of what is developing in any market. There is one more trading day in May, next Tuesday. Nonetheless, we are using ending data from Friday the 27th for the...
Gold sector is on a new major buy signal. The cycle indicator is down, suggesting a multi-week correction is in progress. Expect lower prices overall.Silver is on a long-term buy signal. Short-term is on sell signal, a multi-week correction is in progress. Caution...
May 27, 2016
It is my privilege now to welcome in Steve St. Angelo of The SRSrocco Report. Steve is an independent researcher and investor who follows the precious metals and energies markets like few others, and has one of the very best content based websites in our entire...
The entire Western financial systemic, complete with USDollar-based foundation platforms, is breaking down. The breakdown is in full view, very noticeable, in almost every arena. What happened in 2008 with the Lehman Brothers failure event is currently underway with...
Technical Analysis of The Markets Via Videos.
Below, you’ll read our interview with Nick Giambruno, editor of Crisis Investing. In it, Nick breaks down his successful investing system—what he calls “the most powerful wealth building secret in investing.”
The smaller gold-mining and exploration stocks have enjoyed an amazing year, soaring with gold’s new bull market. Many have more than doubled since mid-January, and some have more than tripled at best in that short span. Are such spectacular gains fundamentally-...
Gold is perhaps the most maligned asset class in the world. On an almost weekly basis the financial media mocks gold -- and publishes articles claiming it is a terrible investment. It’s rather odd, as less than 1% of investors actually owns gold. Why is it so...
I previously said one doesn’t need to chase the rally during the second leg, because any gains would not be sustainable and would subsequently be given back.
Last week we highlighted our gold stocks bull analog chart, which showed the gold stocks correcting at least 20% at this point during both the 2008-2009 and 2000-2001 recoveries. We concluded that gold stocks were likely to continue to correct in the days and weeks...
This is a special preview of the KE Report Weekend Show. In this week's show, we feature Peter Boockvar, Chief Market Analyst at the Lindsay Group, based out of New York. This is a preview of the first of two segments where we get Peter's opinion on the data points...
May 26, 2016
Here are ways investors might interpret the recent shifts in gold and silver "market tectonics."
Last night’s post on the US stock market ended as follows: “As far as the Fed and its puny rate hikes are concerned, that is irrelevant. This market is flipping them the bird. Markets can rise a long way before a rate hike regime finally kills them. It feels like...
There are patterns in markets. Yes, the Fed and High Frequency Traders influence markets, but we can learn from past patterns in the S&P500 Index. Using weekly data, the S&P500 made a high in March 2000, fell to an initial low in April, rose, and fell to a...