Gold price fell to $1,808 an ounce in the wake of the release of the minutes of the December Federal Reserve meeting, having hit an intra-day high of $1,829. Silver price fell to $22.72 an ounce from an intra-day high of $23.26.
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.
January 7, 2022
On ‘Fed minutes Wednesday’ the media amplified the noise, the machines are doing what the machines do and running with it, and it’s all eyes on the great and powerful Fed (of Oz).
January 6, 2022
During the Battle of the Black Gate in the War of the Ring, Pippin cried out: “The eagles are coming!”. It was a sign of hope for all those fighting with Sauron. Now, I could exclaim that hawks are coming, but that wouldn’t necessarily give hope to anyone fighting...
What a way to start a year! Gold just faked its comeback before moving to new yearly lows. That’s a very bearish way for a market to start the year.
The higher price for gold over time reflects the loss in purchasing power of the US dollar. The loss in the dollar’s purchasing power is an effect of inflation.
Here is the secret: YOU CAN’T BE PERFECT!! It is impossible to always be right and always be perfect when trading or investing. And the sooner you accept that, the sooner you can begin to develop an appropriate approach to the market.
January 5, 2022
THE GREAT RECESSION - Zero Hedge’s favorite quant from Nomura just laid out his measurements and metrics of the bond market that explain why treasury prices puked on Tuesday, and his assessment of what is happening precisely validates the “Big Reveal” that I made...
Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become shamelessly blatant, is the primary reason.
After a disappointing 2021, the new year for precious metals likely holds a return to the bull market gains seen in 2019 and 2020. So welcome to 2022. Yes, 2021 was a lousy year for both COMEX gold and COMEX silver. Both positive negative returns, with COMEX silver...
January 4, 2022
Central banks, politicians and policymakers are surprised that November inflation surged to 6.8 percent, a nearly four decades high, about triple the Fed’s decade old 2% target. US producer prices rose at the fastest pace on record.
As 2022 begins, most of the world’s governments have no savings, face each new crisis with more debt, and enjoy bragging about themselves to financially impaled citizens.
Gold, silver, and mining stocks started 2022 with a bang. However, this wasn’t the kind of fireworks investors were hoping for. While gold, silver, and mining stocks partied hard into year-end, the trio woke up to massive hangovers on Jan. 3. Although I’ve been...
So far, so good – the first three days of 2022 didn’t bring a new catastrophe. It’s probably just the calm before the storm, but the new year started well. Even the price of gold has risen! As the chart below shows, the yellow metal managed to jump above the key...
The best performing precious metal for the year was gold, but still down 3.64% on the threat of the Federal Reserve beginning to raise interest rates in 2022 and that inflation will subside substantially in the second half of 2022 as supply bottlenecks are cleared...
For precious metals investors, 2021 will rank as a disappointing year – at least in terms of price performance. Gold and silver lagged behind the stock market as well as broad commodity indexes.
January 3, 2022
Changes are expected with the advent of a new year, but the precious metals seem to have missed the moment of transition. When will they wake up?
The debt of the U.S. federal government is a factor that should affect the price of gold since the U.S. dollar is the world reserve currency. Recent developments in the level of the federal government debt are perplexing and it appears that debt levels are...
If you have followed me during the last decade that I have been writing on Seeking Alpha, you would know that we have made some calls that have seemed absolutely ridiculous at the time. But, nevertheless, the market followed the path we laid out no matter how crazy...
January 2, 2022
Last week's action saw gold dropping down into mid-week, here forming its low in Wednesday's session with the tag of the 1789.10 figure. From there, a push back to higher highs for the swing was seen into late-week, with the metal hitting a late-Friday peak of 1831....
Welcome to next year: 'tis here. And we got that which for we anticipated across Gold's final five trading days of 2021: an "Annual Finale Rally", successfully so for the now 18th time in the past 21 years.
Our proprietary cycle indicator is now UP. Gold sector is on long term SELL signal.
December 31, 2021
Gold’s turn to shine again is nearing, with major bullish drivers aligning heading into this new year. The Fed’s vast deluge of new money remains intact despite QE tapering, continuing to fuel raging inflation. A new rate-hike cycle to fight that is looming, but...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
The NFTRH big picture view for gold has been bullish since calling a top in mid-2020. Pardon the promotional sound of the title. I realize it, and I’m putting it up there anyway. There is a time for temperance and there is a time for promotion. Too many in the gold...
Although your calendar may say otherwise, gold is in the 1960s. The question is whether we will move into the 1970s or speed-run to the mid-2010s.
December 30, 2021
2021 was bad for gold. Unfortunately, 2022 doesn’t look any better, especially at the beginning. The end, however, gives the yellow metal some hope…
As is the case with both silver (see Waiting On Silver) and gold, so too has the waiting game proved to be unprofitable for gold stocks. Wishing and hoping for better results doesn’t change the reality of losing (losing – “failing to gain or retain; being deprived...
December 29, 2021
I’ve got good news and bad news. The good news is you probably put a little more money in your pocket in November. The bad news is inflation ate up all your income gains and then some.
Demand outlook is very bullish for copper, nickel, and all base metals in 2022. Copper usage in DE carbonization and in electric vehicles result in higher demand.
December 28, 2021
“Stay away from fiat money…. It’s fake money made of paper and lies.” - Ricardo Salinas Pliego, Chairman of Grupo Salinas, Dec 24, 2021. Ricardo is one of Mexico’s most successful business owners, and a bitcoin enthusiast. I’m less sure than he is that...