Big money speaks through politics. And both seem to be itching for a fight. It is forbidden to have real money compete with currencies. In much the same way, it is also unacceptable for the masses to become aware of the real depth of the socioeconomic train wreck we...
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 4, 2014
May 3, 2014
Is the Fed trying to install misplaced confidence in the economy by saying it is tapering whilst it is really NOT tapering!
Markets remain strong and setup for a breakout while stocks are still lagging BUT many stocks are now starting to setup nice buy levels so we will see more and more buy points finally come to us in the week and weeks ahead.
The modus operandi of the elites is to create chaos, preferably in the form of [profitable for them] war. Their purpose is to create major headaches for governments and people. The next step is to “offer solutions” to end the chaos. Without fail, the solutions...
And by the looks of it, with the inner circle of Putin being targeted, it looks like the Russians are currently the first ones to find out what the word BANK means: Be Aware No Kash. When money finds its way into the Western banking system it can be traced to any...
Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27. COT data is not supportive for higher prices overall.
With so many long-time successful members of the ‘smart money’ contingent calling for a significant market correction this year, investors would be wise to at least prepare for the possibility. It seldom works to wait until a full-fledged correction is underway...
May 2, 2014
For all the recent fear in the market after another flare up in the Ukraine its hard to complain about how the big indices are holding up. All are near their highs. That’s good but there are some strange cross-market correlations that make one wonder.
Chart Analysis Gold & Silver Fuel Cells, GDX & GDXJ via videos.
Last week we noted that the gold and silver shares had formed a short-term rebound in response to an oversold condition. Yet we felt that the downtrend that originated from the hard reversal in March was still in effect. As we go to publish, the rebound appears to...
The low hanging fruit of retirement assets currently overwhelm any return on investment for punishing gold and silver investors. This is in addition to the very liquid numismatic and graded coin markets - which add another layer to the complexity of enforcing or...
May 1, 2014
The bear case most popular these days goes like this: the US economy is recovering, interest rates are going up so gold will be more expensive to hold and go down in price. It’s an inconvenient truth then that US GDP managed a whopping 0.1 per cent annualized growth...
We can't ignore it anymore - the markets are rigged. The LIBOR scandal broke almost two years ago, and the banks found responsible for manipulating that key index are still dealing with lawsuits. Meanwhile, allegations of gold market manipulation have been simmering...
I was just a kid—barely wet behind the ears. At two minutes before midnight, the sergeant of the guard and I marched onto the runway tarmac. Following protocol, I formally relieved the previous guard of his post.
The chart below (source: Stockcharts.com) may be very worrying to some and it may be a source of great relief to others. It shows a potential Head and Shoulders reversal pattern, with a neckline at 90 and a peak of 107.5. If the neckline is penetrated significantly...
April 30, 2014
The analysis of the past twenty years of the Miners Index is showing that an important bottom has been printed in December 2013. The Miners Index’s symmetrical sequence and also the relation between the Miners and the 78.6 Fibonacci Number (both in Price and Time)...
April 29, 2014
On gold’s shorter-term 8-month chart we can see that it is showing signs of having hit bottom. If Russia now invades eastern Ukraine, which is a significant risk through to the end of this coming week, then it is almost certain that gold will take off strongly...
Just a few months ago Poland announced that they would nationalize (confiscate) one-half of all its citizens’ private pensions to cut the nation’s debt. Prime Minister, Donald Tusk announced that the government decided to transfer government pensions and bond...
This could be a breathtaking week for gold investors around the world. A huge number of key financial reports and meetings are scheduled, and any one of them is probably capable of moving the gold price quite significantly.
While central banks endeavour to maintain the confidence in paper “money” and try to avoid a spike in the gold price, central banks have in fact become net buyers of gold since 2010. They do this in fact at a pace not seen since the early 1970s. In 2012, Central...
In addition to the excellent study of the Chinese gold market by the World Gold Council (WGC), which was recently released, we have received other reports on that ever-so important market that differ in viewpoint. We shouldn’t be surprised by this, not only because...
The boom/bust cycle is caused by fractional reserve banking. Rather than eliminate this practice, that is, rather than prevent the commercial banks from creating money out of thin air, central banks were established to 'backstop' the commercial banks. This paved the...
April 28, 2014
Last year China’s private-sector demand for gold reached a record level of 1,132 tonnes, and according to the World Gold Council (WGC), the Asian nation could easily dominate the gold market once again, as they predict demand growing 20 percent by 2017.
Briefly: In our opinion no speculative positions are justified from the risk/reward perspective. The situation in the precious metals sector remains tense – miners have broken above the declining resistance line, while gold hasn’t. However, taking Friday’s intraday...
It looks like gold and silver stocks bottomed on Monday, April 21, and that gold and silver also bottomed this week. Really? The usual reaction is, “the stocks have been hammered, gold is off over 30% from its highs, and silver is down nearly 60%. Sentiment is low,...
Palladium is not only a precious metal, it is also considered an industrial metal as is silver. However, palladium is 5 times more rare in the earth’s crust than is silver. Hence the great difference in value of each (i.e. Palladium is $810/oz. vs Silver at $20/oz...
April 27, 2014
Animals exist in an eternal now; to them the past means little and the future an incomprehensible impossibility. People are different, or at least they should be able to see the past as a key to future possibilities, but sadly, when it comes to economics we too...
At the beginning of the month I theorized that stocks were about to enter a final bubble phase, and that during that process gold should deliver a capitulation phase to end the three year bear market. This is a follow up to see how things are playing out now that we...
April 26, 2014
Another volatile week for markets. Moreover, leading stocks are being battered and most earnings numbers, even if good, cause a large sell-off, even after a large initial gap higher. It remains a dangerous market with not much to do. A lot of investors and traders...
One of the biggest problems for the West, the US in particular, is its increasingly parochial perspective from the narrowest of lenses, fully colored by the elite’s use of its main propaganda machine, the Maintstream Media. It will not work for people to expect...