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.
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 14, 2022
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.
The Fed is going to tighten an already tight labor market by making sure more of those workers who are already too-few in number are laid off in order to reduce production that was already lower this year than last year in order to lower prices that are too high...
Bloomberg News, buzzed on Fed Kool-Aid as always, thinks the banksters have engineered a soft landing for deflation. Although it's true that price bubbles in everything from used cars to styrofoam surfboard blanks have begun to detumesce, there is no reason to think...
Well, it was a week of generally positive action in precious metals prices, as gold and silver continue to consolidate their impressive late November gains. As of this Friday recording, the whole precious metals complex is up.
December 11, 2022
The gold mining sector is doing what it should do amid fading inflation. If you have tuned out inflationist gold bugs since mid-2020 you are now in position to capitalize, unlike scores of inflation bugs who’d already bought (and likely sold into tax loss season,...
Across the past six weeks, the price of Gold has risen from as low as 1618 (03 November) to as high as 1823 (05 December) -- what with those Happy +15 points of contract premium that we cited a week ago -- is an all-in gain of +12.6%, (or without the premium +11.7...
Last week closed with me feeling fairly optimistic on the future prospects for the Dow Jones; what with the Dow Jones closing above its highs of last August, above the red line in the BEV chart below. But a week can be a long time in the market, especially when the...
December 10, 2022
As investors and others continue to jockey for position in order to announce that “the bottom is in for gold” or that “gold owners received an early Christmas present” or “crypto failures will translate to higher prices for gold”, it is clear that most of them are...
Gold sector is on long term SELL signal. Long term – on SELL signal. Short term – on mixed signals. Gold sector cycle is up. COT data is supportive for overall higher prices.
December 9, 2022
The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally. That is shifting sentiment back towards bullish, a big change after this contrarian sector was hammered to exceedingly-oversold lows. Despite gold stocks’...
While gold’s sleigh is flying high, is a crash on the horizon? With so many narratives floating around, bullish seasonality, recession fears and consumer resilience have combined to create a mixed picture on Wall Street. However, with the gold price running well...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
After a volatile year for the gold and silver prices in 2022, we're still left in the position where we're headed towards recession (and by some measures already in one now), which doesn't leave any easy answers for the central banks in 2023 and beyond.
The economist who predicted the financial crisis sees a “long and ugly” recession, including a sharp correction in the S&P 500, that could last all of 2023. “Even in a plain vanilla recession, the S&P 500 can fall by 30%,” says Nouriel Roubini, quoted by...
December 8, 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?
Below we track years of desperate yet deliberate central bank bubble creation (and can-kicking) to its ultimate end-game: titanic currency destruction.
December 7, 2022
Precious Metals traded up to the resistance levels we noted a week ago but reversed lower to start the week. Precious metals have rebounded with the broader market. There needs to be a transition in which they lead and perform in real terms. But I digress.
The invalidations of breakouts and breakdowns are strong signals in the opposite direction, and we just saw them throughout the market – also in gold.
Here's the latest in our "Is Your Bank Safe?" series at SaferBankingResearch.com -- this one on Wells Fargo. Over the last few months, we have written several articles outlining our views of banks in general. We explained the relationship that you, as a depositor,...
Gold and silver have a history of being used as money for thousands of years. Yet we now live in a digital world where commerce is done globally, and through the internet, which raises the issue of how gold and silver could actually be used as money for payment in...
Jeffrey Tucker, a writer, publisher, and entrepreneur, joins us today to discuss if the US will see another recession in the near future. Furthermore, we talk about the recent financial crisis, the economy's current state, and the dollar's future.
December 6, 2022
The 2021-2025 war cycle is currently in a lull and oil is likely to determine what happens in 2023. The daily oil price chart. An aesthetic right shoulder is forming now, and the target is about $94.
Early on in the week, the US markets declined and the supposed reason for such decline was due to the Covid lockdowns and mass protests of such in China. Yet, the Chinese markets surged strongly at the same time. And, this had many people scratching their heads.