The best performing precious metal for the week was gold, but still off 0.45%. GoGold Resources finished the week up over 20% with new holes released from the El Favor East deposit within the Los Ricos North Property. Hole LRGF-22-140 intersected 0.7 meters of 2,529...
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 20, 2022
Yet another week of head scratching was seen in the market this past week. The CPI came in lower than the prior report, and the market rallied strongly through the lower resistance region I outlined last weekend. And, it made most people uber-bullish, believing we ...
December 19, 2022
The precious metals sector didn’t do much on Friday, but something very important happened in gold’s key driver – the USD Index. Let’s get right to it.
The modest bear market rally begun in October likely ended last week when stocks turned sharply lower after failing to achieve clear 'Hidden Pivot' rally targets. Now, if the selling should continue to exceed minor abcd targets as occurred last week, that would...
I’ve pointed out in past years how badly cooked the government’s jobs numbers are and how the Bureau of Lying Statistics, as I call it, revises its numbers down by hundreds of thousands in an annual audit just about every year, but mostly by applying the corrections...
Brien Lundin, Publisher and Editor of GoldNewsletter.com, returns to the show to discuss two key factors impacting the health of the economy: inflation and the strength of the dollar. We'll also discuss interest rates, the DXY, and the Gold and silver outlook for...
The Federal Reserve held its latest policy meeting on Wednesday, where it raised interest rates by 50 basis points, but also left a lot unsaid in its policy statement.
December 18, 2022
As mentioned in past articles, the last mid-term low for Gold was expected to come from our 72 and 310-day cycles - and was due to materialize around the mid-to-late October timeframe, but with a decent plus or minus variance in either direction. That low came and...
While many market participants are concerned about rate increases, they appear to be ignoring the largest risk: the potential for a massive liquidity drain in 2023.
Six weeks have passed since Gold's weekly parabolic trend flipped from Short to Long (at 1745 on 10 November). And based on the prior ten Long trend follow-through by points, we've herein been remindful throughout that 1900 is possible on this run, whilst duly...
As investors hope for a Santa Claus rally in the days ahead, the Grinch is looking to steal their holiday cheer. Federal Reserve chairman Jerome Powell announced another interest rate hike on Wednesday – this time by half a percentage point. Although the bump up in...
A couple of weeks ago, the Dow Jones broke above its highs of last August. It was looking really good – a few weeks ago. Now a week before Christmas it appears Mr Bear has the bulls running the wrong way, with the Dow Jones closing below its BEV -10% line.
December 17, 2022
Energy and gold are both acting well. Here are today's videos and charts.
The cornerstones in my Inflation/Deflation and Economic Cycle Model are changes made to fiscal and monetary policies. Those are the two most determinant factors in any fiat-currency and debt-based monetary system.
Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. 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.
December 16, 2022
Gold defied another hawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength, after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futures...
The Federal Reserve's Federal Open Market Committee (FOMC) on Wednesday announced it will raise the target federal funds rate by 50 basis points, bringing the target rate to 4.5 percent. Wednesday's rate hike followed four hikes in a row of 75 basis points, and is...
Real Interest rates are the key driver for precious metals. Specifically, declining real interest rates and negative real interest rates drive precious metals higher.
December 15, 2022
Propaganda, lies and censorship are all part of desperate governments actions as the economy disintegrates. We are today seeing both news and history being rewritten to suit the woke trends that permeate society at every level, be it covid, the number of genders,...
What can happen while investors so stubbornly believe in the Federal Reserve's dovish pivot? No U-turn. “Nah, he’s bluffing” – investors were initially overwhelmed by the irresistible urge to ignore the obvious.
Tavi Costa returns to the show to talk about the Federal Reserve keeps raising interest rates. We explain why this decision is significant and how it may impact the economy. Furthermore, Tavi offers some insight into potential investments for 2023 based on his...
The Federal Reserve is getting ready for its latest policy statement on Wednesday, with another rate hike on the way, and only the size and commentary still in question.
December 14, 2022
Economist Nouriel Roubini believes the world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in recent decades.
In this video, Gary Savage looks at the current trends in the dollar and precious metals.
December 13, 2022
When humans are newborn, they rely on mommy and daddy or a caregiver. Over time, most children grow up and begin to look after themselves.
The U.S. personal savings rate eased in September to 3.1 percent from 3.4 percent in August. In September 2021 the savings rate stood at 7.9 percent. By popular thinking, a decline in the savings rate during an economic slowdown is regarded as supporting economic...
On Friday morning, the most recent PPI report was published, and it came in a lot hotter than most expected. So, what did everyone think the market was going to do on Friday? Yup, everyone believed that the market was going to tank and end up deep in the red. Well,...
Gold steadied after touching the highest level since July as traders weighed more U.S. economic data and China’s relaxation of its strict zero-Covid policies. Bullion had been hurt by the Fed’s aggressive rate hikes this year, but recent indications that the central...
December 12, 2022
Gold moved slightly higher, silver soared, but miners declined on Friday. If it’s not a screaming short-term signal, I don’t know what is. In other words, Friday’s session served as a perfectly bearish confirmation of what we’ve been writing throughout the previous...
When I was younger, I was taught that if you cannot say something nice, don't say anything at all. Well, when many of you have asked why I have not written about metals in quite some time, now you know the reason. But, I think that's about to change.