Gold largely ignored inflation raging out of control in 2022. Despite the first inflation super-spike since the 1970s, history’s ultimate inflation hedge disappointed. But that unsustainable anomaly driven by extreme Fed rate hikes catapulting the US dollar...
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.
December 30, 2022
Did you hope gold would break finally $2,000 in 2023? What if I told you that gold is going to soar to at least $3,000? Have I gone mad? No; that’s not my forecast, I only summarize the Saxo Bank’s Outrageous Predictions for 2023.
December 29, 2022
While the statistics scream, investors, often blinded by emotions, do not hear them. However, since history seems to rhyme, what do gold, silver, and mining stocks have in store for us?
In today's video I want to take a look at where my predictions for '22 and how those turned out, and what I think is probably in play for '23. At the beginning of the year I told all my subscribers I think it's going to be a difficult year to make any sustainable...
December 28, 2022
Ahead of the Christmas holiday, Congress gave taxpayers the gift of a 4,155-page, pork-laden $1.7 trillion spending bill. It will add to the ballooning $31.4 trillion national debt and hasten the country's lurch toward a fiscal and monetary crisis.
December 27, 2022
It’s been a decent year for big league assets like the Dow, the dollar, and for the greatest asset of all, which of course is gold.
Can gold's recent short-term rally be considered bullish, or can we expect a decline like in 2008? Is Silver Really Strong? Gold and silver are moving higher today, but nothing really changed despite that. Silver moved to its previous highs, while gold didn’t
In an economy that over decades has grown increasingly dependent on revved-up holiday sales, investors have responded by praying more fervently each year for a Santa rally. It’s an odd metaphor, however, considering that Wall Street even at its seasonal cheeriest...
December 26, 2022
In this compelling and timely Q & A exchange with Investor Talk’s Jan Kneist, Matterhorn Asset Management (MAM) founder, Egon von Greyerz answers a wide range of the most pressing investor questions as to current and unfolding macro conditions.
Long-time readers of The Gold Update know that we don't overly dwell on that produced by our very respected great and good fellow precious metals' colleagues for but one reason: we simply desire our attention span (such as 'tis or 'tisn't) to be focused upon what we...
Investors got some superficially good news on the economy this week. But it turned out to be bad news for markets. Equities and precious metals markets sold off on Thursday following government data showing that the economy grew faster than expected in the third...
Technical analyst Gareth Soloway joins the show to discuss the latest breakouts on the Silver and Gold markets and what we could expect for the first quarter of 2023. Furthermore, we talk bout the unenviable Fed's pivot, and the similarities between the S&P500...
Throughout 2022 there's been a theme of protecting assets against geopolitical risk. Central banks have been buying gold at a record pace, while others have been repatriating their gold holdings to keep them safe from jurisdictional risk. A risk that took on new...
I'm going to look at the miners today so I warned people back here at the beginning of the month that that miners were probably going to be stuck in a sideways churn for a while, they had a huge move, this was like a 30 plus percent move, in a very short period of...
December 24, 2022
Our proprietary cycle indicator is UP. Current COT data supports overall higher gold prices. Our ratio is on sell signal. Trend is DOWN for USD. Trend is UP for gold stocks.
December 23, 2022
Gold’s rally was just stopped by the resistance provided by its previous high and its 60-week moving average. Will gold now reverse? The shape of this and last week’s price moves provides the answer.
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
Gold has been powering higher on balance for a couple months now, surging to major breakouts. That upside momentum is improving sentiment, with traders growing more bullish on gold’s potential. That is well-placed, as this upleg remains young. Major gold uplegs...
In 2022 the gold price has started to validate our projection from last December, and 2023 should see a bull move in gold miners emerge for all to see (and one day chase due to FOMO)
December 22, 2022
Since the gold market now shows parallels to 2008 and 2013, what can we expect if the correction has just ended?
Below are my comments and answers to various questions about gold, inflation, and the Federal Reserve. They are “for the record” so to speak, and are meant to be taken literally and specifically…
2022 has been a difficult year for financial assets with the traditional 60/40 portfolio suffering one of its worst annual performances on record. This has many investors asking whether the damage done means stocks and bonds now offer an attractive buying...
Gold and silver sold off sharply for much of the summer as the Fed was aggressively raising interest rates. Yet the metals have reversed that trend and rallied while the Fed has kept hiking, suggesting that the equation is not as straightforward as assuming that...
December 21, 2022
Below, we consider a blender of history, simple math, sober facts and comical arrogance to better understand gold’s loyalty in a time of disloyal financial stewardship.
The yield on the 10-year bond recently fell below the rate paid by the Fed on bank reserves. That is, a bank gets paid more to lend to the Fed for a day than to lend to the Treasury for ten years. There is not merely an inversion between the 2-year and the 10-year...
December 20, 2022
The 2021-2025 war cycle requires investors to focus their attention on the US dollar and gold. The disturbing USDX chart. The chart looks terrible… and the fundamentals look worse.
Something major happened to the USD/JPY (yen), and it triggered a sizable overnight rally in gold and silver. What’s really going on?
The economic downturn is gathering pace. The flash US PMI Composite Output Index came at 44.6 in December, down from 46.4 in November. It was the sharpest decline in business activity since May 2020 or, excluding the initial pandemic period, since the Great...
Investors are on the edge of their seats for any sign that Fed central planners will someday “pivot” to cutting interest rates, instead of raising them. They forget that recessions and major stock bear markets have occurred after the Fed started cutting rates and...
Q: Where do you expect gold and silver prices to go in the months ahead? A: The truth, of course, is we don't know. If the futures markets worked properly as a vehicle for honest price discovery and responded as expected to fundamentals like supply and demand,...