While the price of gold still sits below the $2,000 per ounce level in the US (although it's about $20 closer to that level following this morning's rally after the CPI was released), gold has been setting new all-time highs in many of the major foreign currencies...
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.
November 15, 2023
We update the secular trends and show with history how the new secular bear market in bonds likely leads to a secular bear market in stocks and then last, the US Dollar.
November 14, 2023
A week ago, Morgan Stanley analysts called gold stocks a buy… while I called for a week of pain. Clearly, it was pain that prevailed… but could these analysts be correct going forwards from here?
We (NFTRH) have been managing a more detailed chart of GDX for most of this year in weekly reports and in-week written/video updates, using it to guide us into rallies and corrections all year. The latest signal was the double top in May, the correction from which...
Why are we using state money instead of market money? Put another way, why can’t we select the money we want to use? Cryptocurrencies are a market alternative, but they haven’t put state money out of business yet. If they ever threaten to do so, the state can...
Savvy investors are always on the lookout for the next big thing – a dominant theme that drives headlines and creates profit opportunities in markets. The problem is that by the time everyone is talking about it, it’s often too late to invest – at least at...
November 13, 2023
The best performing precious metal for the week was gold, but still off 2.98%. China topped its gold holdings for a twelfth straight month in October, adding to a wave of purchases by global central banks that has lent support to bullion prices.
In the world of “all things gold”, every event is viewed within the context of how it will affect gold prices – on the upside. Earlier this year, it was bank failures. Before that and since then, the focus was/is on the Fed with regards to a possible reduction of...
Miners just plunged, and they did right after tricking the news-chasers. Fortunately, you knew what to focus on.
The national debt just ballooned another $100 billion in 6 days, just like the creation of the world.
It was a rough week for precious metals as Gold lost 3%, Silver 4% and the miners shed over 7%. The bullish inverse head and shoulders patterns in the mining indices failed as Gold & Silver were sold throughout the week.
We welcome Mike McGlone, a macro strategist at Bloomberg Intelligence, who joins us today to discuss the troubling increase in delinquencies, the response of the Federal Reserve to this trend, and the current economic outlook.
November 12, 2023
U.S. shares continued to climb a wall of well-justified worry last week, propelled with sufficient vigor to suggest new all-time highs are likely. Notice how Microsoft’s push into record territory on Friday occurred after the stock had spent nearly six months...
Let’s open with this from the “We Hate It When We’re Right Dept.” reinforced by the age-old axiomatic quip: “Be careful of that for which you wish as you just might get it.” And you regular readers definitely get it. For bang-on-time this past week came Gold’s...
As central bankers stubbornly refuse to admit they are done hiking interest rates, precious metals markets are wavering.
Because central banks are the root of the modern money tree, they can use entries in their gold revaluation accounts to turn into capital, pay for expenses, or transfer it to their respective Treasuries. In addition, gold revaluation accounts can be used to cancel...
Sovereign debt is eating the world. Lining up a financial crash that could make 2008 look like a picnic. How did we get here?
The last time the Dow Jones closed in scoring position, was in mid-August. With this week’s BEV close of -6.84%, the Dow Jones isn’t far from closing in scoring position again. Will it do so again? To answer that question, I’m going to look at the Dow Jones BEV...
November 11, 2023
Our proprietary cycle indicator is UP. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.
November 10, 2023
In recent days, I've been getting strong recession vibes from markets. Whether it's the news sources I'm monitoring or a surge in negative reports, it appears that we are approaching a critical juncture in the economy.
The big US stocks dominating markets and investors’ portfolios are booming. They just finished reporting great Q3 results, with sales and profits generally surging. But serious challenges loom, led by slowing consumer spending and soaring interest rates. The...
Despite material struggles across other areas of the commodities market, the yellow metal remains relatively elevated.
Here are today's videos and charts.
Chris sits down with Craig Hemke of Sprott Money to talk about where the markets may be going next.
In 2000 a great stock bubble rolled over, the US dollar was soon to roll over into a bear market, commodities remained in a bear market for another year, and one unique sector rose, improbably enough to the majority. Gold and gold stocks bottomed, exited a long bear...
While the price of gold has come in this week, it has rallied slightly on Thursday morning trading, and still remains within shouting distance of the $2,000 mark. And one reason that the price has performed as strongly as it has, is that in addition to a strong...
So far this year, companies have planned 604,514 job cuts, a 198% increase from the 209,495 cuts announced through September 2022. It is the highest January-September total since 2020 when 2,082,262 cuts were recorded. Apart from that COVID year it is the highest...
November 9, 2023
The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system.
Both gold and silver sold off sharply in October following Jerome Powell's commentary at the Fed's September policy meeting, but have rebounded in the past few weeks amidst geopolitical and treasury supply concerns.
Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to discuss the outlook for gold and silver stocks, by sharing potential lower levels for GDX and GDXJ. We dive into how he is viewing smaller scale production companies, development companies and junior...