Last week's trading saw gold forming its high in Monday's session, here doing so with the tag of the 1994.80 figure. From there, a sharp decline was seen into Wednesday's fed day, with the metal dropping all the way down to a low of 1895.20 - before bouncing off the...
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.
March 20, 2022
Near-term negatives notwithstanding, 'tis fair to finally say that Gold's geo-political spike and anticipated fade have played. Courtesy of the "Turn off the TV and Look at the Data Dept." we'll start with the below year-to-date chart.
Gold made a run for the record high as Ukraine concerns and inflation risks mount. Could this create a run to gold and silver?
Russia has abolished its VAT on gold while its central bank has suspended gold purchases from banks, encouraging the Russian people to buy the metal instead. Is this the beginning of a return to a gold standard in Russia?
March 19, 2022
Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal, but prices have found support at the 200ema. A new buy signal here will confirm a new up leg for the bull market.
The asset bubble that almost ended in Q1 2020 was rescued by two main saviors, 1) unsustainable bearish (no, terrorized) sentiment and even more so, 2) balls out central bank inflation, led by the US Federal Reserve. The resulting bubble leg was in the bag from the...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
Looks like a daily cycle low. Is this gold price move for real, a bounce or a weird ICL that occurred in this consolidation.
Alasdair Macleod joins us to discuss the impact of Russia, Ukraine on commodities, fertilizer, food crops, energy, silver and gold. A wide ranging conversation on everything happening in recent weeks.
A week ago, it was the strongest margin call tornado to ever strike the banks (mostly US banks) in NYMEX crude oil, COMEX gold and silver and LME nickel, to the point of threatening the financial system itself. At its peak, the tornado saw a handful of banks out $20...
March 18, 2022
Inflation continues to rise but may soon reach its peak. After that, its fate will be sealed: a gradual decline. Does the same await gold?If you like inviting people over, you’ve probably figured out that some guests just don’t want to leave, even when you’re...
The gold miners’ stocks just surged to a major upside breakout, really ramping up traders’ interest in this small contrarian sector. Capital is flowing back into gold stocks to chase their strong upward momentum, which fuels increasing bullishness. That buying is...
On March 15th, the Fed decided on a series of rate hikes that will be as consequential to capital markets as the Ides of March was to Julius Caesar in 44BC. The demise of financial markets, however, will not be sudden and unexpected like the assassination of Caesar...
March 17, 2022
The Fed will want to keep inflation under control, and that could have miserable consequences for gold and miners. Will we see a repeat from 2008?
There has been no breakthrough in Ukraine. Russian invasion has largely stalled on almost all fronts, so the troops are focusing on attacking civilian infrastructure. However, according to some reports, there is a slow but gradual advance in the south. Hence,...
The recent price surge in Hycroft Mining (HYMC) was due to AMC and Eric Sprott taking ownership stakes in exchange for essential liquidity. Prices have risen sharply since February. Is HYMC a buy at current levels? I believe so.
I am indebted to former Federal Reserve economist Lacy Hunt for his insights in a recent interview he did with Adam Taggart that I used in my presentation on March 10 at the Metals Investor Forum.
March 16, 2022
Not long ago, I wrote a piece on why gold was not rising. As I said then, and will repeat again now, gold’s then-yawning price moves in an otherwise ideal inflationary and negative real rate environment was just a momentary calm before the storm. In other words,...
Back in November, we noticed a new trick being employed to manage and manipulate the COMEX gold price into month-end expirations. Here's an update and explanation of why and how this is occurring.
One wrong trade on leverage and you can give up so much more of your prior gains! Gold has 4-6 weeks of grinding lower.
Everything is “going to plan” as far as the Precious Metals sector is concerned with gold taking off strongly higher as predicted and the Precious Metals sector outperforming the broad market for the 1st time in a long time, also as predicted. Two articles were...
March 15, 2022
The world’s fiat bugs promised that money printing, debt, and government meddling were the solution to the debt crisis of 2008. They did the same thing with the Corona crisis of 2019-2021, and now they are doing it again with the horrifying war crisis of 2022.
In line with predictions, gold is ceasing to benefit from war-fueled uncertainty. Meanwhile, silver faked another breakout. Could it be more bearish? Last week’s powerful, huge-volume reversal in gold was likely to be followed by declines. It was – but that’s just...
The tragedy continues. As United Nations Secretary-General António Guterres said yesterday, “Ukraine is on fire and being decimated before the eyes of the world.” There have already been 1,663 civilian casualties since the Russian invasion began.
Last week I mentioned that it might be time for the PM stocks to start consolidating their gains from the last reversal point in the blue 5 point triangle reversal patterns. It looks like it has now started after last week’s high.
This week, I am going to give you a two-for-one in this update. I am going to provide an update to my last TLT article, as well as a quick update to my market perspective.
Though most investors expect some type of pullback in the precious sector to “reset” the various technical indicators that have become “overbought,” the geopolitical situation with Ukraine has given the sector a flight to safety bid.
March 14, 2022
Based on the behavior of gold and the dollar, it can be concluded that the influence of geopolitical turbulence on the precious metals market is starting to fade and that it was only temporary.
The recently released February 2022 statement of account of the Bank for International Settlements contains information suggesting a decrease of about 29 tonnes in the bank's gold swaps, from 501 tonnes as at the end of January to 472 tonnes at the end of February...
The best performing precious metal for the week was silver, up 1.36% on the good gold tape. Gold climbed to a 19-month high above $2,000 an ounce amid mounting concerns over inflation and continued geopolitical tension between Russia and Ukraine. Bullion had earlier...