It really is entertaining watching people. Whether I am sitting outside in a public area and "people-watching" with my wife, whether I watch how people react to the market in the articles on Seeking Alpha (and that includes the writers and commenters), or whether I...
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 1, 2022
Dave Kranzler and Jorge Ganoza, CEO of Fortuna Silver, return to the show to discuss the recent decline in every sector of the economy. Furthermore, we talk about a deeper session approaching, rate hikes, politicians, and more.
October 31, 2022
The best performing precious metal for the week was platinum, up 1.73%, as hedge funds boosted their bullish sentiment to a seven-month high. Perseus Mining’s production of 137,000 ounces was 10% ahead of consensus with Sissingué and Edikan both much better than...
As per my articles posted back in September, the mid-term cycles for Gold were seen as heading south into mid-October or later, where the next key low was expected to form. With the action seen since, Gold has continued to make lower lows for the move into that mid-...
Alasdair Macleod returns to the show to break down the UK's situation as the Bank of England intervenes to stabilize the economy as the pound crashes. Furthermore, we discuss the Housing Market, Fed's rate hikes, and the Gold and Silver outlook for the months ahead...
As investors weigh conflicting economic data and the prospects for a Fed pivot, precious metals markets are quietly basing out. This week gold made a small move to the upside before pulling back here today. As of this Friday recording the monetary metal is...
Now Secretary of the Debt Janet Yellen says she wants to buy back 20-year treasuries. Rafi Farber has a question about this. How in the name of math do you buy back $1.4 trillion in debt with only $600 billion in your bank account at the Fed? The answer: By selling...
October 30, 2022
Given so much going on within the monetary/financial chaos out there, (and it being -- save for one trading day -- our graphically-rich, month-end edition of The Gold Update), 'tis efficiently sufficient to lead with another installment of "Facts, Hercule, Facts!"...
The low of our current bear market decline was last month; September 30th with a Dow Jones’ Bear Eyes View (BEV) of -21.94%. For the Dow Jones, a BEV of -21.94%, or a 21.94% decline from a bull market’s all-time high isn’t much of a bear market decline.
On October 7, 2022, US congressman Alex Mooney (a Republican from West Virginia) introduced a bill (the Gold Standard Restoration Act, H.R. 9157) that stipulates that the US dollar must be backed by physical gold owned by the US Treasury. The initiative clearly...
October 29, 2022
Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. Current COT data supports overall higher gold prices.
October 28, 2022
With serious action in natural gas, the stock market, bitcoin, the dollar, and gold, hot trading opportunities are available in the leveraged ETFs, and we’re taking them and booking fast profits.
Her Majesty Queen Elizabeth II, the Sovereign of the United Kingdom of Great Britain and Northern Ireland and the Head of the Commonwealth, died on September 8, 2022. I’m not a British or Commonwealth citizen, nor a devoted supporter (and observer) of the British...
The gold miners’ stocks have been battered over this past half-year, bludgeoned relentlessly lower with gold. Heavy gold-futures selling fueled by the US dollar shooting parabolic in a mania has slammed the yellow metal. Gold’s normal seasonal trends have been...
A Lehman squared moment is approaching with Swiss banks and UK pension funds under severe pressure. But let’s first look at another circus – The global travelling circus is now reaching ever more nations just as expected. This is right on cue at the end of the most...
In recent decades, every instance in which the economy contracted two quarters in a row has coincided with a recession. Nonetheless, the Biden Administration and the leadership at the Federal Reserve insist there is no recession now, nor is one even in the works. ...
October 27, 2022
A recession is looming, but unless the Fed and people really fear it, gold won’t shine. The famous House Stark’s words are “Winter is coming”. House Economists’ words are “recession is coming”.
Home price growth of the sort we’ve seen in recent years simply cannot be sustained without a continued commitment to easy money from the central bank, and it shows.
I know that many of you trade “correlations.” So, for those that do not already know my perspective on it, allow me to repost something I wrote some time ago: “What a correlation represents is when two markets are trading in opposite directions or in the same...
Rafi Farber returns on the show to talk about the response of the Fed to the UK economic crisis. We also discuss the circumstances of a fed pivot, Gold and Silver next catalyst, and more!
We finally have some sign that the dollar might be ready to roll over. The dollar has marginally broken below the daily cycle low, so we're starting a pattern of lower highs and lower lows, and that almost always means that an intermediate decline is in progress.
With western governments consolidating more control over their constituents over the last few years, while they get ready to roll out central bank digital currencies, more and more people are looking for ways to safely protect their assets.
October 26, 2022
Mainstream analysts seem convinced that global central banks are moving aggressively to tackle inflation, maybe even going too far. After having believed until recently that the spike in prices was only transitionary, central banks insist now that they will restore...
Matthew Piepenburg returns on the show to discuss why he believes there is still more economic pain ahead. He also mentions that more time is needed before seeing a sustainable rally in the Gold & Silver markets.
October 25, 2022
Making such an absolute statement may sound bold; even arrogant to some. There is, however, perfectly sound fundamental reasoning underlying the claim. So before you dismiss it out of hand, hear me out.
America’s impaled stock market investors finally got a bit of a rally. Ominously, they seem far more concerned about stopping the Fed’s tiny rate hikes than stopping the growing number of homegrown terrorists who enjoy shooting their children.
The Great Depression came about when the Progressives’ newly-spawned Fed, having first greatly increased the quantity of money throughout World War I, again increased the quantity of money throughout the 1920s, by 62 percent (for details on figures, see table below...
The best performing precious metal for the week was silver, up 6.58%. Silver ETFs saw inflows last week for the first time in almost six months as short interest retreated from 10-year highs. The outflow of physical silver from vaults also continued in September...
October 24, 2022
Positive divergences within a downtrend are important because they can precede a bottom and trend reversal. Our most recent editorial noted some positive divergences in the gold market.
he Federal Reserve finally stopped referring to inflation as “transitory” earlier this year and got serious about trying to control the painful rise in prices it has caused. Officials have jacked the Fed funds rate up by 3% since March.