Money printing by world central banks, it would seem, has propelled the prices of all things rare. The list includes fine art, vintage wines and antique sports cars. It is front page news that the flood of paper money has enhanced the quotation of almost any...
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.
December 13, 2013
For many commentators there are two distinct camps in the gold market: investors in bullion and speculators in the paper market. With the two markets pulling in different directions some dealers think it is only a matter of time before derivatives fail completely...
Chart analysis On Gold, Silver And Gold Stocks via videos.
The gold-mining stocks have suffered a disastrous year, plummeting while the rest of the stock markets soared. This vast performance gap has catapulted bearishness on this sector to epic extremes. Few own gold stocks anymore, and everyone aware of them loathes...
“If You Believe in Math, Buy Gold” -- This quote, taken from a CNBC interview with Brent Johnson, CEO of Santiago Capital, made its way into several commentaries this week. Most notably, it was the title of a follow-up interview published in Sprott’s Thoughts, which...
Our Last major Elliott-Wave Analysis of Gold came in early September when Gold had touched the $1434 area, and in that analysis we called for a re-test of $1271-1285 levels. This was based on our Elliott Wave Analysis of the patterns involved since the $1923 spot...
This week was full of action for precious metals investors and traders. Gold, mining stocks, and (especially) silver rallied in the first days of the week only to disappoint on Wednesday and Thursday. No wonder; the rally didn’t have “strong legs” as gold’s strength...
The Chinese have taken the other side to the great Western financialization by importing its inflation and gaining control of its bond market. In addition, they have built a massive infrastructure capable of supporting its billions of upwardly mobile. The Chinese...
Earlier this week Congress tried to show that it is capable of tackling our chronic and dangerous debt problems. Despite the great fanfare I believe they have accomplished almost nothing. Supporters say that the budget truce created by Republican Representative Paul...
LONDON gold in Dollars terms traded flat for the week Friday morning, holding around $1230 per ounce after what one analyst calls "a tumultuous few days."
December 12, 2013
Tonight I would like to update some of the Diamonds that have been in play for several months now. Chartology is giving us an edge over most of the other technical disciplines out there , in that it has been showing us the way lower to a T. Nobody but Rambus...
Money printing by world central banks, it would seem, has propelled the prices of all things rare. The list includes fine art, vintage wines and antique sports cars. It is front page news that the flood of paper money has enhanced the quotation of almost any...
The potential "tapering" of quantitative easing can be likened to a lessening of chemotherapy treatments when a cancer patient's symptoms change. It means one thing if the patient is being cured. It means something quite radically different when there has not been...
WHOLESALE LONDON gold tumbled more than $20 per ounce in quiet trade Thursday morning, falling with world stock markets after the week's "three-day rally [in gold] prompted some profit-taking" according to one dealing desk.
Imagine that you earn $40,000 a year and your boss doubles you at $80,000 a year. Business was good to you both in 2013, and you received a 25% raise for your efforts. Not bad, and your boss gets to share in this good fortune too with an extra $25,000 (about 30%)....
In our last essay on oil stocks from December 2, we checked the oil-stocks-to-oil ratio to find out what impact it could have on future oil stocks’ moves. Back then, we emphasized the strong positive correlation between the ratio and the oil stock index in recent...
I thought I send my readers some charts I’m looking at; here are the Bear’s Eye View (BEV) charts for gold and silver during their decade long bull markets. The BEV format displays each all-time highs within the range selected as Zero %, all other closing prices...
The events in India have taken a most interesting turn for gold. The one year-old political party that is anti-corruption is shaking the political foundations there. The ruling National Congress Party is having to change its stance in a hurry and is already losing...
December 11, 2013
What’s really important in following the money is for investors to not get caught up in the negative web spun by the media. There’s a lot of drama these days about Obamacare and Washington dysfunction. Take the government shutdown in October, when the House and...
“You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect for those gentlemen, I advise you, as long as the capitalist system lasts, vote for gold." ……….. George Bernard Shaw
ASIAN and London dealing was quiet in gold Wednesday morning, with prices holding $10 per below yesterday's sudden rise to 3-week highs above $1267.
In early November we made the case that precious metals were in danger of a final plunge before a bottom. The decline that ensued has abated in recent days. It appears that a short-term rally is underway. The bear market is very close to ending but we can’t say...
While major Western Governments try everything to preserve their Fiat Currencies, China continues to accumulate more Gold Bullion. In spite of a string of strong economic data from the US, the dollar failed to stage a solid rally against other major currencies last...
Renminbi Is Destined To Replace The US$ As The Global Reserve Currency…But When?! PRESENTLY, there is precious little that really gives the Chinese Renminbi a significant competitive edge over the U.S. dollar. However, if Chinese authorities truly want the Renminbi...
December 10, 2013
After the New Year the Fed is NOT expected to taper, however, with the manipulation of the cooked numbers from the governments new higher employment numbers resulting in an unemployment rate below 7.5%, one might expect the unexpected! Why you might ask would the...
In our previous essay, we examined the situation in crude oil in different time horizons. Back then, we wrote that the short-term situation had improved as crude oil had broken above both short-term resistance lines on relatively high volume and had come back above...
Bloomberg News reports that gold held in ETPs (exchange traded products) declined again, over the past week. This chart is a view of these consistent outflows.
The most important question for investors at this time is to determine how high interest rates will rise; if indeed the Fed’s artificial suppression of yields is truly about to end. To accomplish this we first must consider where yields last were outside of central...
The PRICE of gold rose to touch $1250 per ounce for the first time in 7 sessions Tuesday morning, as major government bonds also rose after comments from US Fed officials on the odds of reducing their monetary stimulus at next week's policy meeting.
December 9, 2013
Tonight I would like to show you some HUI to gold ratio charts that could give us a place to look for the ultimate low for the big cap precious metals stocks. So far these charts have been playing out for over five years. The first chart is a 5 year daily line chart...