Defensive sectors like Healthcare, Consumer Staples and Utilities are ticking new highs as the market rotates.
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.
August 29, 2024
Yvonne Blaszczyk joins us to speak about why gold prices are skyrocketing! A massive warning sign of financial instability is on the horizon!
We use three analog charts to project Gold prices over the next 6 to 9 months, 2 years and to the end of the current cyclical bull market.
The price of gold is still over $2,500 even despite today's declines, yet one of the key features we've seen is the increase of the short position by the banks.
August 28, 2024
Happy days are here again. Fears that the largest economy in the world is entering a recession led to a brief global sell-off, which whipsawed the markets due to weakening US economic indicators. The fear of missing out (FOMO) crowd returned, boosted by the...
Economist David Rosenberg, who predicted the 2008 financial collapse, said that the 818,000 adjustment in new jobs that I wrote about here on The Daily Doom signify an economy that is in a worse meltdown than the Fed realizes.
Gold exports from Peru to India are poised to set a record in 2024 as demand grows in the world’s second-largest gold-consuming country.
The 10yr-2yr Yield Curve is poised to un-invert under disinflationary, possibly coming deflationary pressure.
During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices...
We've seen the rally. We've seen the pullbacks. And yet we're once again near the all-time highs for gold. But are we still early in a bull market? Or is the move largely done?
August 27, 2024
Starting from a low of USD 2,353 on July 25th, gold has been able to push further upwards over the past four weeks. Last Friday, spot gold prices climbed above the magical USD 2,500 mark for the first time. The bulls carried this momentum into the first half of this...
Gold has set another record high as Jerome Powell confirmed the Fed pivot. While gold has been driven to these heights by Eastern buying, we're now seeing Western investors flocking to the metal as the shift to easier monetary policies begins.
As the tricky stock market crash season months of September and October approach, I’ve urged heavily invested gold stock enthusiasts to consider buying put option insurance, allocating 2%-5% of the portfolio’s value for the purchase.
Gold climbed back above $2,500 per ounce after Federal Reserve Chair Jerome Powel signaled that the time has come for interest-rate cuts. TD Securities Bart Melek, global head of commodity strategy, expects bullion to rise further to more than $2,700 in the coming...
According to some commentators, to counter inflation interest rates in the US must increase to a level that effectively restrains the economy. It is held that this increase in interest rates does not have to cause a recession if Fed’s policy makers could orchestrate...
The National Bank of Poland was the biggest central bank gold buyer in the second quarter. A Euronews report speculated that the country is "preparing for the worst."
You may beat the inflation rate back down, but all future inflation happens from the new higher benchmark of prices that never fall back down, and central banks never stop trying to push them up.
Greg Weldon discusses the outlook for the economy, Federal Reserve policy and why we are headed for stagflation. He has potential 3-year upside targets of $4900 Gold and $100 Silver.
Whether we like it or not, the bullion banks still play a large role in the gold and silver markets.
August 26, 2024
Fed Chairman Jerome Powell held a press conference at the annual Jackson Hole economic conference today, and he all but said that a September cut to the federal funds rate is a done deal: “The time has come for policy to adjust. The direction of travel is clear.”
Gold Stocks and Silver should lead Gold as it trends to $2900 and $3000 in the coming months.
Gold keeps reaching new highs, but silver stays dormant. What's the deal? The deal is October 1978, when gold finally broke to new highs from 1974 but silver did basically nothing. Three months later though, by the beginning of 1979, silver began its parabolic run...
August 25, 2024
In recent months and years, we have been writing about potential future breakouts in Gold and Silver. That potential became a reality earlier this year. Gold exploded out of its 13-year cup and handle pattern through $2100/oz, and soon after, Silver broke out of a...
FedChair Powell’s “Friday Thunder” echoingly careened throughout the cascading heights of Wyoming’s Grand Tetons, across the nation and ’round the world. “The time has come” rate cut quip resulted in a decided Dollar dip, Gold in turn getting the bid for a gradual...
This week I’m using a Dow Jones BEV chart going back to 1980, to point out how many new all-time highs (0.00% = BEV Zero) the Dow Jones has seen these past forty-four years.
As central bankers from around the world gather in Jackson Hole to foist their agendas into the media spotlight, investors are counting down the days until the Federal Reserve starts cutting rates.
August 24, 2024
Our proprietary cycle indicator is DOWN. Speculation has set a new high. The divergence between gold and silver remains a concern.
Many investors put gold and Bitcoin in the same category. Some people even call Bitcoin "digital gold." Is this a fair comparison?
In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with economist Daniel Lacalle to discuss pressing economic issues, including inflation, government policy, and the future of the U.S. dollar.
August 23, 2024
The mid-tier and junior gold miners in this sector’s sweet spot for upside potential just finished reporting truly-spectacular quarterly results. Fueled by dazzling record gold prices and lower mining costs, smaller gold miners’ unit earnings skyrocketed to their...