With Governor Bill Lee’s signature on Friday, Tennessee has officially become the 42nd state in the U.S. to remove sales taxes from constitutional sound money (i.e., gold and silver).
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.
May 30, 2022
As inflation signals cool, various markets get relief Whether a bounce or something more extended, a bear market rally was bound to get off the ground sooner or later. It was a matter of time, with stock market sentiment this over-bearish.
As the bear market runs its course in the months or perhaps years ahead, it will be punctuated by sharp and sometimes spectacular rallies to convince investors the worst is over.
As we did a week ago -- since they're still all the rage -- let's start with stocks, "up first on our schtage", [thank you, Ed Sullivan].
May 29, 2022
Last week's trading saw Gold forming its high in Tuesday's session, here doing so with the spike up to the 1875.30 figure. From there, a downside consolidation was seen into Thursday's session, with the metal dropping down to a low of 1842.50 - before bouncing off...
I have been writing about this for over five years. For Gold to perform well, it has to outperform the stock market. In recent years, that has happened but only occasionally and not consistently.
May 28, 2022
Our proprietary cycle indicator is down, but bottoming.
May 27, 2022
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
The medium-term outlook for the precious metals is profoundly bearish – and it’s about time to abandon the short-term bullish ship. To find out why, let’s take a look at what happened in junior mining stocks.
So … Will we have a rerun of the great depression or are we re-living the inflationary nightmare of the 70s? I have heard arguments on both sides and I am led to believe that we are likely to have the worst of both worlds where many assets see their value DEFLATING...
While investors continue their countdown until the Fed pivots and resumes QE, in some alternative reality, it’s perceived as bullish for risk assets. Sure, the short-term sugar high of more free money should uplift sentiment. However, I’ve noted on numerous...
May 26, 2022
According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing.
May 24, 2022
As another day of the 2021-2025 war cycle begins, the world’s gold and commodity market bugs are in great shape, but what about the fiat, crypto, real estate, and stock market bugs?
Fed officials talk a good game. Esther George shared the Fed’s current stance with a CNBC reporter last week: “Looking at the stock market is an important price signal – as many others are – to watch and see. This is a time of uncertainty. It’s been a rough week in...
The best performing precious metal for the week was silver, up 3.25%. Steppe Gold Limited reported a significant boost to its year-over-year first quarter revenue this week, reports Proactive Investors, as the company ramps up production at its ATO mine in Mongolia...
May 23, 2022
The Nasdaq stock index officially entered the bear market stage as of late April of 2022, with prices down 23% from its November 2021 high. These losses have continued into May, reaching 29.3% by May 20, 2022. The S&P 500 is now also potentially on the edge of a...
Gentlemen: I am writing to you in response to your Podcast #276. The first thing I want to say is—well done! You talked about economics and money for four hours and attracted over three million viewers. The monetary system faces grave problems and discussing them is...
May 22, 2022
The economic and corporate earnings data continue to reflect an economy that is heading into a recession – a bad one, I suspect. 85% of the S&P 500 companies have reported their first quarter.
China Panel: Extended Lockdowns. Zulauf: Vicious Cycles. Marks: Pendulum Swings. Wood: Innovation Wins. Maybe Dallas, a Gamble, and on…
I think we're getting closer to that buy signal in the metals, gold and silver.
Last week's trading saw Gold forming its low in Monday's session, here doing so with the tag of the 1785.00 figure. From there, a sharp rally was seen into later in the week, with the metal pushing all the way up to a Thursday high of 1748.20 - before consolidating...
Because "all" are talking about them, we're starting with stocks, beginning with this from the "It's Not About Us Dept."
May 21, 2022
Gold sector is on a new long term BUY signal, suggesting that the correction since 2020 has been completed.
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers
May 20, 2022
The mid-tier and junior gold-miners’ stocks in their sector’s sweet spot for upside potential have been clubbed like baby seals since mid-April. Sucked into the parallel serious stock-market selloff, that’s left these smaller gold stocks deeply out of favor. Yet...
May 19, 2022
The medium-term outlook for the precious metals remains bearish, but does this mean we can’t profit on shorter-term moves? Quite the opposite!
May 18, 2022
Last week was a frustrating one for me. I had to reconstruct, from scratch, an important and frequently used file in Excel. I like what Excel does for me, but it has some really annoying quirks in it that somehow never get corrected with every new upgrade of Windows...
Gold prices have plunged nearly $300 since peaking in March. The chart is building a bullish hup-with-handle pattern supporting a breakout above $2000 later this year.
Is this the all-asset crash that some have expected? Looks like it could be. Before discussing that, though, let’s look at four charts (source) in sequence: GLD (gold), S&P 500, TLT (long-term US Treasuries), and Bitcoin…
May 17, 2022
In 1991 the Soviet Union collapsed, the Berlin Wall came down in Germany and 15 newly independent nations including Ukraine were born, ending the Cold War peacefully. The end was only a hiatus however. Today, disruption is everywhere and global tensions are...