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, have with your bank is in line with a debtor/creditor relationship. This places you in a precarious position...
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.
November 8, 2022
Gold, silver and mining stocks’ prices soared on Friday. Let’s see if the dollar may have had something to do with this movement. Very little happened in the precious metals market yesterday, and what I wrote and said yesterday remains up-to-date.
It’s been a rough year for advocates of Modern Monetary Theory (MMT). After nearly two years with all the budget deficits and money printing MMTers could have wanted, the doctrine’s popularity seems to have faded now that we’re well passed the honeymoon phase. 2022...
The U.S. Dollar Index (DXY) took a dive last Friday following a middling jobs report. Could the move be the start of a bigger breakdown?
Axel Merk, Founder & CIO of Merk Investments Manager, joins the show to discuss the Fed's fourth consecutive rate hike of its size to 75 basis points and what this could mean for the Gold and Silver markets. Furthermore, we talk about what the Fed will do next,...
November 7, 2022
The best performing precious metal for the week was silver, up 9.34% largely on speculation that China will reopen soon. According to BMO, Agnico Eagle reported financial results that are in line with, or better than, consensus expectations. For example, adjusted...
In years to come many investors will look back upon the past weeks and months as another great opportunity missed, to be added to the list that most of us keep or have in our heads of other great opportunities missed, but you, dear reader, do not have to be among...
The gold price didn't do much of anything until around 9:30 a.m. China Standard Time in GLOBEX trading on their Friday morning. At that point it began to head higher at a decent clip, although that rate of ascent moderated considerably starting around 1 p.m. CST --...
Precious metals investors remain cautious following the Federal Reserve’s latest jumbo rate hike. On Wednesday, the Fed announced another three-quarter point bump up on interest rates. It’s the sixth straight hike by central bankers and brings the Fed funds rate up...
November 6, 2022
How refreshing 'tis to see Gold gain some attention! In settling out the week yesterday (Friday) at 1686, 'twas Gold's fourth-largest contract volume day in nearly four months -- and moreover for the week -- the largest contract volume since that ending eight months...
As October was an up month, pushing the Dow Jones BEV plot up ten, big BEV points (chart below), I really can’t complain the first week of November saw a bit of a correction in it, with the Dow Jones closing the week down from last Friday. But it wasn’t much of a...
You wouldn't know it from the paper price, but Q3 of 2022 saw the largest net gold buying by central banks since 1967, one year before the London Gold Pool blew up. Don't worry though.
Very rarely do they ring a bell for you at a major bottom...but it might be that we are ringing a bell right now.
November 5, 2022
Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. Long term – on SELL signal. Short term – on mixed signals. Gold sector cycle is up.
Below we examine credit markets losing all credibility as rising rate shark fins circle in for the kill.
Party on if you will, but the gold mining fundamental case is not complete. Back on October 14th we reviewed why a post-bubble contraction would be the proper time to buy gold mining stocks for fundamental reasons (even as they might possibly be dropping despite...
November 4, 2022
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
I activated the high-degree recession alert! I’ve been writing about the downturn for some time, but in October, another important indicator flashed a red light. As you can see on the chart below, the key yield curve has inverted.
The Fed continued its extreme tightening this week with another monster 75-basis-point rate hike. While that was universally expected, the Fed chair surprised waxing uber-hawkish at his post-FOMC-meeting press conference. That yet again shocked the US dollar and...
The Fed delivered another 75-basis points hike. Gold didn’t like the FOMC meeting and declined further. November’s FOMC gathering is behind us. It was quite boring. You know, another meeting, another 75-basis points hike…
The Federal Reserve had its latest meeting on Wednesday, and as expected, raised interest rates by 75 basis points. Which was followed by a brief spike up in gold and silver, before an even bigger plunge lower.
November 3, 2022
Despite all the worries over the possibility of a recession in the quarters ahead, the stock market seems to have priced in a “soft landing” for the economy.
Last week I wrote about the numerous positive divergences building in precious metals. On a near-term basis, Gold looks the worst of the group. But that can be a good thing.
Diego Parrilla joins the show to discuss what would be the next catalyst for Gold and Silver to take off. We also talk about Gold and Silver, Credit Suisse, and more.
November 2, 2022
The S&P 500 is blooming, while gold cannot hide its weakness. Both have an impact on junior miners, but which lead will gold stocks follow? It’s Fed decision day! Will the rally in stocks continue? Will miners follow stocks higher or gold lower? Charts provide...
John Feneck from Feneck Consulting Group joins us today to discuss the possibility for the Fed to rate hike two more times before the end of the year and what this will mean for the silver and Gold markets. Furthermore, we discuss the stock market outlook for 2023,...
November 1, 2022
Matterhorn Asset Management’s founding partner, Egon von Greyerz, joins Darryl and Brian Panes of As Good as Gold Australia for an in-depth discussion on the state of global financial markets and the inevitable demise of paper currency and rise of physical gold.
November begins on a positive note, with gold and silver on the move. The right shoulder of the inverse H&S bottom pattern was severely tested yesterday, but it survived! Having said that, it’s still a coin toss as to how tomorrow’s Fed decision plays out, and...
The gold market enters trading for the month of November on a losing streak. Can bulls finally turn things around? Their first test will be to defend the line of support established from the September and October lows. Although the gold market registered a seventh...
Americans will vote in the midterm elections next Tuesday. The latest polling suggests that a “red wave” is building, and Republicans may win the majority both in the House and the Senate. The election results will have implications for all markets – and that...