Tonight I want to take an in depth look at the US dollar as it is so important to the overall big picture regarding the deflationary outlook that appears to be headed our way.
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.
August 6, 2013
August 5, 2013
As a life-long Contrarian; these days I spend the vast majority of my reading/research time studying the bearish drivel on precious metals which emanates (in greater quantities than ever) from the Corporate Media.
Despite some positive data, the global economy is showing signs of slowing, a remarkable development in itself when you consider all the money printing and deficit spending that's transpired over the past few years.
Given gold's retreat during 2013, it would seem the Midas Metal's best days are behind it, at least for a while.
We have used the ‘continuum’ (monthly chart of the 30 year yield) for years now to define tops in inflation expectations (red arrows at or around the EMA 100) and tops in deflationary fears (green arrows).
When we take into account last week’s events, it seems that the yellow metal is more sensitive to signs of tapering than any other asset.
August 4, 2013
We had another good week of basing action in the indexes until Thursday when we finally saw the S&P500 break out of its range higher.
August 3, 2013
There are mixed signals for gold and precious metal equities. Short-term they are all on Buy Signals. However, long-term they are still on Sell Signals.
For all of the disdain directed toward the paper futures markets in gold and silver from the Precious Metals, [PM], community, those markets continue to set the tone for pricing. Why is that?
As a life-long Contrarian; these days I spend the vast majority of my reading/research time studying the bearish drivel on precious metals which emanates (in greater quantities than ever) from the Corporate Media.
August 2, 2013
Gold’s miserable 2013 has been devastating for gold stocks. This sector, arguably the best performing over the 2000s, has quickly become the pariah of the markets. And no group of gold stocks has seen more carnage than the junior explorers.
August 1, 2013
Wednesday’s trading session featured a 32 point zig zag affair intraday that resulted in almost no change vs. Tuesday’s session when the final 4 p.m. whistle sounded.
After the Fed’s latest 2-day policy meeting it announced on Wednesday that it would continue its $85 billion per month asset purchase program. The major indices fluctuated from positive to negative throughout the day, as is typical of a Fed meeting day, before...
July 31, 2013
One of the most laughable of all government statistics is Gross Domestic Product or GDP.
WASHINGTON - The Federal Reserve on Wednesday slightly downgraded its economic outlook but gave no hint about its plans for its $85 billion-a-month asset purchase program.
The long term needn't look quite so far off for bullion buyers right now...PUT ASIDE the rise in US interest rates, GDP and Fed tapering talk.
The U.S. dollar is now setting up what one could view as a very low risk potential long trade.
If you want to be an effective and profitable investor you should look at the situation from different perspectives and make sure that the actions that you are about to take is really justified.
Global investors are sitting at the edge of the computer keyboards cued to the upcoming FOMC meeting. There will be little market action ahead of the meeting as traders have taken their positions although markets seem divided between tapering and no tapering.
July 30, 2013
Today we have mainstream news 24 hours a day but do you feel like you are being tricked or even lied to? Do you wonder why you are hearing pabulum when the real meat is found online?
The purpose of Fed money printing is to help support economic growth and job creation. The negative side effects can be rising inflation or asset bubbles. Therefore, from a logical perspective, the Fed would be interested in tapering if: (1) the economy is strong...
The gold community loves (rising) gold stocks. On that note, I have a new buy signal in play, for swing traders.
Approximately a month ago, the Corporate Media began leaking bits-and-pieces of information about “warehouse prob
Summary: Gold appears to have wakened from what has been a very challenging 10 month decline. Ever since its failed attempt to test the all-time highs last September, it has literally been straight downhill for gold. But the signs of a trend change
Amidst declining gold prices in 2013, some analysts have been quick to point to outflows from gold ETFs as evidence that the gold bull market is over.
A major determinant for U.S. GDP growth is the state of the real estate sector. The construction of new homes contains only small section of the total picture.
PRECIOUS METALS held in a tight range in London on Tuesday morning, moving sideways as world stock markets rose and commodities slipped ahead of the US Federal Reserve meeting, which begins today.
The main reason that this year's huge decline in the gold-mining sector took us by surprise is that we didn't seriously consider the possibility that a major/primary correction began in September of 2011, and one of the main reasons we didn't seriously consider this...
July 29, 2013
One of the many tenets on Wall Street is that debt investors are often a step or two ahead of stock investors when it comes to identifying slowing economic growth. From a common sense perspective, it makes some sense.
It is as notable as a 2nd term president handing off the big problems to the next guy, as George Bush did with Barack Obama in 2008; the changing of the guard at the Fed, that is.