It is widely held that a growing economy requires a growing money stock because economic growth increases demand for money. Many economists also believe that failing to accommodate the increase in the demand for money leads to a decline in consumer prices. This...
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 11, 2023
The idea that commodity markets can only yield short-term gains isn’t entirely accurate. During a commodities supercycle, investors can still expect long-term gains of a similar nature, and volatility, to equities.
In this video, Tavi Costa, portfolio manager at Crescat Capital, discusses the current state of the economy and how it affects precious metals such as gold and silver. Tavi believes that gold will serve as a haven asset during turmoil and continue outperforming...
May 10, 2023
The multitude of analysts that have been waiting for the “death of the dollar” (DoD) for at least a couple of decades now have a new jingle. “Dedollarisation” by global entities trading in goods and services will finally kill old Uncle Buck, or if you like, remove “...
In this video we take a look at some sentiment indicators that reveal that bullish sentiment in Gold is below where it should be. In particular the number of stories on Gold is much closer to lows than the highs of 2020 & 2022. Also, ETF holdings in Gold and...
I'm going to take a look at the metals again in this report. I'm going to show you what's happening to traders, especially novice traders, or maybe people that haven't learned how to control their emotions yet.
May 9, 2023
Last week, even with central bank rate hikes and a key employment report, gold held its $2000 line in the sand. Tomorrow is the (CPI inflation) report… and gold is quiet but firm.
George Santayana once wisely noted that "those who do not remember the past are condemned to repeat it." Throughout market history, market historians had many instances from which lessons in hubris should have been learned. Yet, most do not learn the lessons history...
According to Google Trends data, the phrase "how to buy gold" has reached record levels in the U.S. (even higher than when gold prices reached all-time highs in 2020). Gold prices are up 9.4% year-to-date and are hovering around $1,995 per ounce at the time of this...
Behind closed doors, the report is already making the rounds in expert circles: if you follow the rules of sound commercial accounting, the United States Federal Reserve (Fed) has lost its equity and is, as common language would have it, bankrupt. What happened?
On Sunday, U.S. Treasury Secretary Janet Yellen warned that "financial and economic chaos will ensue" if the U.S. government's borrowing limit isn't raised.
Although Gold, Silver and the miners are correcting, the overall price action remains bullish. These markets have corrected more so in times than price. The price declines have been minimal. Gold has continued to hold above $1980 while Silver has continued to hold...
There was significant news out of China last night, as at 3 AM eastern time, China just effectively made gold money again. Late last night, the commercial banks in China just created the ability for Renminbi savings accounts to be connected to gold accounts, so that...
May 8, 2023
Since my last article, Gold has managed to make a new high for the larger swing, with the metal running all the way up to a peak of 2085.40 (June, 2023 contract), made in last Wednesday's session - before seeing a decent pullback off the same. For the mid-term...
Federal regulators seized the struggling First Republic Bank on Monday, which they promptly sold to JPMorgan Chase. Reports show First Republic had some $230 billion in financial assets which quickly evaporated, making it the second largest bank collapse in US...
Matthew Piepenburg shares his views in this extensive interview with Daniela Cambone of Stansberry Research, covering the FED, petrodollar and de-dollarization, banking risk and gold.
Peter Boockvar, Chief Investment Officer at Bleakley Financial Group, joins the show, and we discuss the potential banking crisis that may be looming with the recent interest rate hike by the Fed.
Bank reserves are seldom mentioned except in cases of bank runs. The other possible mention is all the interest money the Fed pays to banks simply for holding reserves. Mark explains the role of bank reserves in the current "system" and gives a brief explanation of...
May 7, 2023
All of the talk about new highs in the gold price seem to be wishful thinking unless one is focused on only nominal prices. Below is a chart of monthly average closing prices for physical gold since the summer of 2020…
And if you blinked — literally — you missed it. In one of the most bizarre GLOBEX/COMEX session openings we’ve ever witnessed — that for this past Thursday, 04 May — Gold in mere seconds leapt 37 points from 2049 to 2085, just 4 points shy of the record threshold...
As more cracks in the foundation of the banking system appear, gold prices have once again been knocking on the door of new records, although we're seeing a pullback here on Friday.
Another week, another bank failure. PacWest Bancorp (PACW) has collapsed on reports that it is looking to sell itself. This is never really a great opening line or stance for increasing one's value on the market in any walk of life. As a result, the stock was cut in...
Vince Lanci talks about the failed breakout in Gold, who was buying in recent days, the potential support levels, and the potential resumption over the next month or two. Vince closed his longs before Friday’s decline and ponders when to get back in.
May 6, 2023
Our proprietary cycle indicator is UP. Trend is UP for gold stocks. Trend is UP for gold. Gold broke out of the CUP formation, and tested support successfully this week.
May 5, 2023
Despite their deteriorating fundamental outlooks, any whisper of a bank run sends gold, silver, and mining stocks higher. Yet, while a potential GFC re-enactment is bearish for the PMs, investors are enthusiastic to bid up the trio, despite the ominous historical...
The gold miners are in the thick of reporting their full Q1’23 operational and financial results. Those are mostly looking good so far, making for an impressive earnings season. Higher gold production is lowering unit costs, driving up operating cashflows and...
Here are today's videos and charts.
I penned an article in late September proclaiming a potential bottom in gold as interest rates peaked. Shortly thereafter, precious metals established a base, and prices have been trending higher. Below is the chart from that article highlighting last year's bottom...
Following Wednesday’s Federal Reserve meeting and ¼ point interest rate hike, gold prices reached a new all-time record high: $2,079 in the spot market. This eclipses the previous record of $2,074 set in 2020 by $5 per ounce.
Gold is inches away from its biggest breakout in 50 years and the start of a new secular bull market. It may have already happened by the time you read this. Gold is also beginning a new cyclical bull market with strong potential to soar to $4000-$5000 over the next...