President Biden recently repeated the claim that high prices are caused by greedy businesses. Biden is not alone in trying to gaslight the people into thinking price inflation is rooted in the actions of private individuals and not the fiat money system Americans...
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, 2023
You do. At least if you want to catch the really big and really profitable moves, and not only the small ones. Let me explain. The accuracy of the RSI (Relative Strength Index) for gold and mining stocks is quite notable. In fact, it’s more than that – it’s a very...
Inflation rose slightly in November, according to the Bureau of Labor Statistics. The Consumer Price Index (CPI) grew 0.1 percent last month after remaining essentially unchanged in October. Year-over-year headline inflation was 3.1 percent; Excluding food and...
The anticipated “Goldilocks” disinflation continues and the media thinks it will last.
A week after seeing gold reach a new all-time high above the $2,100 per ounce mark, the price has come back in and is hovering right around the $2,000 level as of Tuesday morning.
December 12, 2023
Last week featured some wild trading for gold. The Dec 3 Sunday night price surge to $2145 and Friday’s jobs report certainly shocked a lot of gold bugs.
This past week was quite pivotal to the market, at least in my work. But, before I get into the specifics, I want to highlight a comment I saw in a bearish article recently.
Gold's surge on Monday completely evaporated before the markets opened in the U.S., finishing the day nearly $50 lower. On a positive note, China added more gold to its reserves in November, their 13th consecutive monthly purchase.
Gold and copper have both been on a tear lately for different reasons. Here we discuss why, and offer our predictions of where the gold and copper markets are heading.
The people behind Joe Biden know the President has a political problem when it comes to the U.S. economy. Americans are painfully aware of the rampant price inflation. Small businesses which survived the COVID era lockdowns are still struggling. And despite a string...
December 11, 2023
The implications are so crystal-clear that I’m not sure if it’s even needed to describe them. But I’ll proceed, nonetheless.
Chris Vermeulen, Chief Market Strategist at The Technical Traders, is back on the show. During our conversation, we dive deep into the recent movements in the gold and silver markets. With rates going up, investors are becoming more interested in safer assets that...
Mr. Slammy strikes again apparently, and maybe he has indeed. On the other hand, gold hit new all time record highs specifically while money supply in the banking system continues to deflate at a record pace as well.
We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.
December 10, 2023
As mentioned in my last article back in mid-November, a mid-term upward phase was deemed to be in force for Gold, with the ideal path looking higher into the Spring of next year. Having said that, there will be the normal correction phases in-between, the second of...
Well, after appearing to be set for a big breakout, the gold market has settled back into a trading range -- at least for now. Gold had posted a new all-time closing high on a monthly as well as a weekly basis last week.
Misfortune for the stock market is well overdue to ensue, with respect to Gold, calamity is descriptively apropos following the second consecutive daily record high of 2152 achieved this past Monday (04 December) … following which it all went a bit wobbly, price...
This week, the Dow Jones in its BEV chart below closed above last week’s close, by 0.01% BEV points, or up $2.37 from last week. Not much of an advance, but it wasn’t a decline either. So, we’re only 1.50% BEV points from the Dow Jones’ last all-time high, that is...
December 9, 2023
PM sector investors have just been royally played – first they are encouraged to pile in on gold’s breakout to new highs, which occurred when it was already very overbought, and now they are being pressured into barfing their holdings before the sector turns around...
Gold has pulled back after a mini-blow-off on Monday that followed a new monthly and weekly all-time high.
Our proprietary cycle indicator is UP. Current data favors overall higher prices. Our ratio is on buy signal. The weekly time frame has just turned positive.
December 8, 2023
Gold just achieved a new nominal record close, its first in several years! This pivotal technical milestone is super-bullish, unleashing widespread interest in this leading alternative sector. Traders love chasing upside momentum, and the financial media’s...
Here are today's videos and charts.
Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its “growth” has, during the Fed’s current quantitative tightening (QT), gone negative,...
Many people believe that a general increase in stock prices is an important factor in economic growth. However, this is a questionable observation.
December 7, 2023
Some say that war never changes, and in some aspects, that’s true. But markets’ reactions to war are also remarkably similar.
The Polish central bank has bought roughly 300 tons of gold in recent years to bring its gold to GDP ratio in line with the average in the eurozone. For medium and large economies in the eurozone, to which Poland might be included in the future, an equal monetary...
Never mind that a soft landing is more myth than reality, at least in the boom/bust age of Inflation onDemand birthed by Alan Greenspan well over two decades ago. Let’s see how Friday’s November Payrolls report shakes out, but in the interim this morning is another...
Manufacturing has always been an integral part of American life. Paul Revere opened a foundry that produced bells and cannons following his famous midnight ride. Henry Ford’s assembly line made cars affordable to the masses. And U.S. industrial might helped win...
The gold price is off of its all time highs that it set on Friday of last week, and again on Sunday night. But it's still trading over the $2,000 mark, and about $200 higher than where it stood during early October.