Gold stocks latest swoon confirms what has been stated and inferred in my previous articles about gold mining shares – namely, gold stocks are a lousy investment.
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.
June 28, 2022
Currently the world is on a fiat money standard—a government-issued currency that is not backed by a commodity such as gold. The fiat standard is the primary cause behind the present economic instability, and is tempted to suggest that a gold standard would reduce...
Russia is the world’s second largest producer of gold. When the London Bullion Market Association delisted Russian gold refiners in March, many expected the move would push gold prices higher. Instead, the gold price has fallen roughly $100/oz.
Bill Holter, contributor at JSMineSet.com, joins us today to explain why the current system is destined for bankruptcy. We go over the current crypto market as bitcoin lost over 60% value from its ATH, and "stablecoins" de-pegging from the dollar. Furthermore, we go...
Last week saw the Dow Jones close just 1.23% away from breaking below its BEV -20% line below, and the bulls knew not what to do. This week, the financial markets saw a nice bounce resulting in the Dow Jones closing above its BEV -15% line, and once again the world...
June 27, 2022
Gold has largely held firm this week as the dollar and bond yields sank on growing concerns about an economic downturn, reports Bloomberg. This comes after Federal Reserve Chair Jerome Powell vowed to curb inflation and said that a recession could be a possibility...
Gold had a strong start into the year but has corrected significantly since early March. Many gold bugs feel disappointed by gold basically going nowhere over the last two years. But compared to most other markets, gold has actually done rather well over the last...
Let's not be confused by the temporary USDX weakness. Junior miners are faint and we can expect them to decline again soon.
The chart above is intended to take some of the guesswork out of determining how high this presumably doomed stock-market rally is likely to go. Not very, would be my guess. I say the rally is doomed for a few reasons, none of which has anything to do with a U.S....
Rafi Farber joins us to discuss his thoughts on why everything is falling apart and if the Fed will finally pivot in order to save the economy. We also talk about the significant similarities between the economic recession of 2008 and the crisis that abruptly...
One reason today’s inflation has us all so concerned is we went a long time without any—or at least not much. That wasn’t normal. In the 1990s, a 3% annual Consumer Price Index reading was common and almost unremarkable. CPI approached 5% in 2005 and was briefly...
June 26, 2022
Gold saw its high for last week registered in Wednesday's session, here doing so with the tag of the 1850.30 figure (August, 2022 contract). From there, a decline was seen into late-day Friday, with the metal dropping down to a low of 1817.70 - before bouncing...
Did you know -- and if you truly follow the price of Gold you knauseatingly know -- that the 12-point price range (rounded to the nearest whole point) of 1836-1848 has traded within each of the past seven consecutive weeks? A mere glance at the above Gold Scoreboard...
June 25, 2022
Gold sector is on long term BUY signal, suggesting that the correction since 2020 has been completed.
June 24, 2022
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
The battered gold miners’ stocks are languishing deeply out of favor again, drifting listlessly through their summer doldrums. They were flying high a couple months earlier, before being crushed by a big-and-fast gold plunge. But the heavy gold-futures selling...
It’s certain that the recession will come eventually. The questions are: when, how will it impact the market, and are there any reasons to be afraid?
Michael Pento, well-known money manager, joins us to discuss the Fed's latest moves. He also explains how Gold and Silver will launch after a liquidity crisis.
June 23, 2022
Last week, the Fed provided the steepest rate hike in three decades. Although it was an extremely hawkish move, gold prices… increased!
There are numerous indications that junior miners are poised to set new lows on their downward path. Will they pull gold to the bottom as well?
June 22, 2022
Many of us in the gold community fear bear markets because they can inflict some damage to gold and silver stocks. That is a fair concern even though some go overboard.
Recent headlines have many people despairing over inflation. A couple of recent examples such as “Inflation Is The Worst It’s Been In Forty Years” and “Consumer Prices Are Rising Rapidly” were followed by “High Inflation Is Here To Stay”.
Peter Boockvar joins us to discuss his thoughts on a Global Reset of the monetary system, the Gold and Silver market, crypto, and more.
June 21, 2022
Globally, the big theme in play is the 2021-2025 war cycle and I worked diligently to prepare investors for its arrival… ahead of time. What now?
The best performing precious metal for the week was silver, but still down 1.45%. Tom Palmer, CEO of Newmont Mining, the biggest gold producer, sees a higher floor forming under the gold market as years of stimulus devolve into a fight to contain inflation. Gold has...
By raising interest rates, the Fed poured cold water on the red-hot markets and finally chilled investors' enthusiasm. What's next for asset prices?
Copper's long-term chart suggests that the global economy could have one last hurrah once the bear market begun in January has run its course. Copper is reputed to have a PhD in economics because of its supposed ability to predict major turns accurately,
The U.S. economy appears headed for a hard landing. After months of ignoring the steadily growing inflation problem, the Federal Reserve is now using monetary blunt force to try to rein in rising prices.
June 20, 2022
As they leverage the macro, what’s good for gold is even better for gold miners. After last week’s article, in which we noted a unique move on ‘CPI Friday’ as gold and the miners put in an expected test of the lows and quickly reversed upward, unique among a world...
June 19, 2022
There is no polite way of saying it; the Dow Jones, and the rest of the stock market’s major market indexes appear to be entering a new phase of deflation. The week ended with the Dow Jones only 2.24% from breaking its BEV -20% line below.