Below we look at the math, history and current oil environment in the backdrop of a global debt crisis to better predict currency and gold market direction without the need of tarot cards.
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 5, 2023
I think the average American does not know that the US Federal Reserve currently pays 4.90% interest to banks on people’s checking and savings deposits—this includes the cash in the drawer! I just checked my personal savings account and I am currently getting .01%...
In this video, we are joined by Mike McGlone, macro strategist at Bloomberg Intelligence, and we discuss the potential impact of the Fed's interest rate hikes on the precious metals market, particularly silver and Gold.
In this video Gary discusses the most recent trends in the Gold Markets.
May 4, 2023
Yesterday the Federal Reserve raised interest rates another 25 basis points, while Fed chairman Jerome Powell talked about the soundness and stability of the banking sector.
At his May FOMC press conference, Mr. Powell tried his hand at stand-up comedy by saying "banking conditions have broadly improved since March." Could it really be possible that he can be so blind to what is actually happening within the banking system?
So, the Fed did as expected, raising the rates by 0.25%. But that didn’t really matter. What mattered was what was said later. And how it was then interpreted.
Although the practice of gold mining has been around for thousands of years, it’s estimated that roughly 86% of all above-ground gold was extracted in the last 200 years. With modern mining techniques making large-scale production possible, global gold production...
“The metals” is not a thing says the Copper/Gold ratio; but a more in-depth macro view is required as this Greed/Fear ratio breaks down
There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year. It’s no secret that the majority of the gains for the index have come from just a handful of stocks while many smaller names have performed much more poorly...
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 5.25 percent, an increase of 25 basis points. With this latest increase, the target has increased 5 percent since February 2022...
Gold and silver have both been flat this morning, as the market awaits the Fed's interest rate announcement at 2 PM eastern. Where another 25 basis point interest rate hike is largely expected, with many market participants feeling this will be the last hike, and...
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review his technical outlook on the precious metals sector, and some investing considerations for switching from a bear market to bull market playbook
May 3, 2023
The best-performing precious metal for the week was gold, up 0.38%. Gold prices in India have soared to the highest ever, damping the outlook for demand in the world's second-biggest consumer.
CME Group shows this to be the last Fed rate hike of this cycle Of course, all you have to do is look at the indicators beneath the surface to know that inflation was whipped many months ago while the egghead zombies steered policy with backward looking data like...
Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was the first time they had ever voted for a debt ceiling increase.
Adrian Day, the founder of Adrian Day asset management returns to the show to discuss the current state of the US economy and how it will affect silver and gold markets. Adrian explains that despite a recent drop in inflation numbers, indicators suggest that...
In this video Gary discusses the markets ahead of the FOMC meeting and that it will be easier for the FED to make hard decisions if the market is moving up leading into the meeting.
May 2, 2023
The antics of American slapstick comedians like Buster Keaton, Stan Laurel, and Oliver Hardy were incredibly hilarious, but the ridiculous antics of the US government are even funnier.
If I told you that I received the GDP report the day before it was announced, and it showed that GDP came in almost half of the general expectations, 99% of those I would tell would automatically assume that the market would drop hard after it was announced. Yet,...
We are one third of the way through 2023, and it has certainly been interesting in the bullion markets thus far. The year opened with supply and demand for coins, rounds, and bars pretty well balanced. Demand surged when the failure of Silicon Valley Bank awakened...
Gold and Silver remain in a correction but thus far the damage has been thin. Gold has initial support at $1980 followed by $1950 and $1900. Silver continues to hold above $24.50. The action over the next week or two can inform us if a bull flag is developing or if...
May 1, 2023
While US regulators are racing to secure the sale of California bank First Republic, the US banking crisis continues and is far from being over. Gold, on the other hand, remains the currency of last resort and has no counterparty risk. It has been strongly rising...
A review of the history regarding Fed interest rate policy yields information that says “yes”. On June 30, 2004, the FOMC began to tighten policy by increasing the Fed Funds target rate to 1¼%. By June 2006, two years later, the target rate was at 6 1/4%. It...
Most investors are totally ignorant of the purpose of gold or its historical significance. After all, Gold is the only money that has survived in history but virtually nobody is aware of this vital information. That’s why only 0.5% of global financial assets are...
Like many of my subscribers, I have been waiting for the stock market to crash so that sanity might have a chance to recover its footing in the investment world. Permabears can always come up with good reasons to explain why a crash is imminent.
Jeffrey Tucker, a writer, publisher, and entrepreneur, returns to the show, and we talk about the effects of Jerome Powell's decision to raise interest rates on the current market chaos and the potential impact on gold and silver.
Mark discusses something bigger than the Disney layoffs: the Wall Street Journal's April 25 frontpage article on investing in gold. It would seem that the recent rise of the price of gold is the result of tired, dumb, and disillusioned crypto currency investors...
A look at gold leading up to the coming FOMC meeting.
April 30, 2023
We’ve completed the year’s first trading quadrimestre (a little French lingo there). And just as we saw at March’s month-end, so too through April is Gold again sporting the highest year-to-date percentage BEGOS Markets vertex as the “The Leader of the Pack”