When President Nixon slammed shut the gold window for foreign holders of U.S. dollars, it was the final step in a planned exit from the gold standard. It was also tacit admission that the United States government, in conjunction with the Federal Reserve, had debased...
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 30, 2023
Back in 2002, then-Vice President Dick Cheney claimed "Reagan proved deficits don't matter" and went on to push for tax cuts combined with more federal spending. Indeed, the Bush administration would go on to push immense amounts of new spending, supporting a huge...
Microsoft’s bullish rampage last week added to already strong evidence that the stock market is headed to new records highs. The shares of the software leviathan’s shares not only jackhammered through granite resistance in the form of the midpoint ‘Hidden Pivot’...
Join us today is Greg Foss, an expert in sustainable energy and high-yield credit trading, and we talk about his insights on the economy, banking risks, and the importance of owning hard assets like silver, gold, and Bitcoin to protect against fiat currency...
Gold stocks are very oversold on a short-term basis and are approaching technical support. The percentage of HUI stocks trading above the 20-day and 50-day moving averages is 0% and the percentage of GDXJ stocks trading above the 20-day moving average is 8% with...
May 29, 2023
Since my last article posted back in early-May (i.e., 'Gold Cycles Move into Mid-Term Topping Range'), Gold has moved sharply lower, with the metal dropping over $150 - into the most recent swing low.
The gold and silver Commitments of Traders, as tracked each week in NFTRH leading into the correction, indicated a potential for a coming decline in gold, silver and the gold miners. A correction, not the end of the bull phase by this sentiment measure. CoT was...
Below, we look at simple facts in the context of complex markets to underscore the dangerous direction of Fed-Speak and Fed policy.
Global macro commentator Andrew Axelrod joins us today to discuss the current chaos in the markets and how the Federal Reserve is trapped in a dilemma of its own making.
The latest video from Gary Savage looking at the gold market and the optimum times to buy and sell.
Housing prices as measured by the Case Shiller 20 Housing Index are falling year over year for the first time since January 2007. There are two differences this time.
May 28, 2023
As herein penned just a week ago for Gold: “…the present … Long trend can swiftly end in tears. Either Gold right now resumes adroitly up, or … just a wee drop in actual price, and ’tis over. A new Short trend would then ensue, and … even the 1800s may return anew...
As the debt ceiling fight in Washington heads down to the wire with the risk of a technical default looming, investors are growing nervous. Some are fleeing to physical precious metals as a safe haven from risky financial assets. But on the futures exchanges that...
Starting on Tuesday’s close, the Dow Jones closed below its BEV -10% line. Is this the beginning of a major collapse in valuation? Most likely not, but the Dow Jones has been going the wrong way all this week, going down, a little bit at a time. Then again, on...
May 27, 2023
Current data suggests a correction is in progress, and should see new highs overall. Our ratio is on sell signal. Trend is DOWN for USD. Trend is UP for gold stocks.
May 26, 2023
The Russel 2000, Nasdaq, and S&P 500 triggered Hindenburg Omens in May. The odds of a recession remain near 100% and could start as soon as July. The Annual inflation rate in Argentina exceeds 100% for the first time.
There are many factors that one needs to consider when analyzing any market. Looking at a single indicator might be misleading. If it was that easy, everyone’s trades would always be profitable, right? But they aren’t.
The biggest gold-stock gains during major gold uplegs are achieved by mid-tier and junior miners. These smaller producers in the sweet spot for upside potential just finished reporting their latest quarterlies last week. They generally enjoyed solid operational...
Here are today's videos and charts.
In this video we show the similarities between Gold at present and the stock market in the early 1980s.
Joining us today is Thomas Parilla, president of Parilla Investment Group, discussing the current state of the market and its impact on silver and gold. Thomas addresses the dilemma faced by the Federal Reserve and the potential consequences of their decision to...
May 25, 2023
While we're waiting for the intermediate decline to run its course I'm going to do a little video here on some technical parameters.
In this video, Rafi delves into the unsettling parallels between the 2019 repo market crisis and the current state of affairs. With over a trillion dollars in treasury bills set to flood the market and the debt ceiling negotiations underway, Rafi examines the...
May 24, 2023
Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats are presently using increases in the debt ceiling as a bargaining chip in negotiating how federal tax...
Macroeconomists, it is said, have physics envy. Physicists measure how gasses behave as temperature, pressure, and mass of gas molecules are changed, and write an equation to describe the relationship between these variables: PV = nRT (P = pressure, V = volume, n =...
After the recent bank collapses and string of interest rate hikes, Egon von Greyerz shows his deep concerns for the U.S. monetary system.
May 23, 2023
Most investors remember the Ben Bernanke era of falling rates and the rising price of gold. When there’s deflation, citizens need to hold lots of gold. When there’s inflation… they need even more.
Complicated and convoluted technical analysis, inflamed fundamentals, never-ending last chance warnings and all the supposed evidence to the contrary – there is nothing that justifies the ultra-bullishness of silver stackers and investors. We might say “gold leaves...
If you look at all the articles published and all the discussions had about the market, you would see one underlying similarity: Each and every one debates what will occur after the next piece of “news” is published.
President Joe Biden will meet with House Speaker Kevin McCarthy on Monday to hold high-stakes talks on the still-unresolved debt ceiling standoff.