As we enter into the last month of 2021, I believe that many who were hoping for a return to “normal” after 2020 are a bit disappointed. While the economy has opened up a bit there are still a myriad of problems that have been created that will likely not be...
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.
December 3, 2021
December 2, 2021
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. But also, speculative capital floods into...
The hawkish revolution continues. Powell, among the screams of monetary doves, suggested this week that tapering could be accelerated in December!
The value of these super-abundant follies will trend rapidly to zero once margin calls and other bits of reality drastically reduce demand.
US democrats and republicans continue their exuberant battle over who is the best steward of the nation’s fiat money system. Interestingly, a key question may be: Is this really a battle worth fighting?
December 1, 2021
You see a commodity going down, then it reverses and starts teasing you with an upward move… only to end up declining further. Is this the case now?
During the 1923 Weimar Republic hyperinflation, newly-broke Germans burned their life savings to keep warm or carted wheelbarrows of cash to stores to buy bread and milk. This wipe-out of an entire generation’s wealth led directly to Hitler and WWII, arguably the...
Wyoming, Texas, and South Dakota are the three most pro-sound money states in America, according to the 2021 Sound Money Index. Meanwhile, Vermont is ranked absolutely last.
Embedded sell signal in mining stocks for now. Here's our problem for gold: The price needed to retest the previous intermediate cycle highs...
Federal Reserve chairman’s U turn on inflation and taper will only increase volatility. He said that taper will be faster than expected and that inflation is not transitory. Omicron virus and the unknown will still affect price moves in metals and energies. Traders...
November 30, 2021
Did you enjoy your roast turkey? I hope so, and I hope that its taste – and Thanksgiving in general – sweetened the recent declines in gold prices. As the chart below shows, the price of the yellow metal (London P.M. Fix) plunged from above $1,860 two weeks ago to...
Let’s start today’s analysis with a question that I just received: Now that gold, silver and the miners are oversold, what kind of a bounce do you expect? Why not take profits and re-short at a higher level?
When caution is thrown to the wind, we begin to recognize that the market may be moving into a dangerous euphoric state from which a long-term bear market can begin. And, while it may be easier to bury your head in the sand, I strongly urge you to take to heart what...
In Part I of this unique two-part discussion, Matterhorn Asset Management founder, Egon von Greyerz, joins Ronni Stoeferle, author of the internationally acclaimed, In Gold We Trust Report, to exchange informal yet deeply insightful perspectives on the current and...
November 29, 2021
Even though the technicals have been predicting this for several months, people were still taken aback by gold’s fall — that’s why they are booing.
The Wall Street Bear is back! Or is he? Starting as far back as 2009, Wall Street has exhibited amazing resilience whenever it ran into headwinds of various kinds. 2009 was a big one; yet the rebound took off and did not falter, except for minor and brief...
For those global citizens born in the early 1950’s, it is no surprise that you all remember where you were when a number of significant events occurred in your lifetimes. For me, I have a number of traumatic events that shaped not only my thoughts about North...
In this video, I’m talking about Friday’s intraday reversal in gold price along with a likely reason that caused it (the initial reaction to the omicron variant of the Covid-19). The way gold price reacted tells us quite a lot about the outlook for the following...
November 28, 2021
Last week's action saw gold forming its high in Monday's session, here doing so with the tag of the 1853.00 figure. From there, a sharp decline was seen into Wednesday's session, with the metal dropping all the way down to a low of 1780.00 - before bouncing off the...
The stock market had its worst day of the 2021 year, on Black Friday, November 26th, in half-day trading. It was the high momentum decline we have been watching for as evidence that "the" top is in for the stock market. The Industrials fell 1,000 points intraday,...
Five key points right off the top: Indeed literally at the top: the above Gold Scoreboard displays valuation having crossed above the $4,000/oz. threshold; and yet you can own Gold for a fraction of that at $1,792/oz given yesterday's (Friday's) settle; "Got Gold...
US and Canadian stock markets fell sharply on Friday in reaction to a new coronavirus variant originating in South Africa.
November 27, 2021
Long term – on SELL signal. Short term – on sell signals. Gold sector cycle is up. We are invested for the current up cycle.
November 26, 2021
In this week’s Live from the Vault, Andrew Maguire explains the significance of gold rising alongside the US dollar and reveals the silver market footprints signalling a rally.
Do governments hate gold? The answer: Yes — Governments hate gold because they cannot print it, and it is difficult for them to control.
More nakedly than is evidenced by other major central banks, the ECB through its system of satellite national central banks is now almost solely committed to financing national government debts and smothering over the consequences. The result is a commercial banking...
November 25, 2021
Over the past year, the price of gold has made repeated attempts to move higher. Looking at a one-year price history of GLD in the chart (source) below, there is a series of progressively lower highs which seems to indicate staunch resistance to higher gold prices...
November 24, 2021
Precious metal plummeted on Monday after Biden reappointed Powell to the Fed. Prices are dropping into a cycle low and should find support in the coming days. Sentiment may finally be shifting in golds favor. I see the potential for a strong snapback rally heading...
As expected, after the applauded increase, gold fell. But will it manage to bounce off the bottom or rather slide lower? Today’s analysis is going to be all about gold, and for a good reason. Based on yesterday’s and Monday’s sessions, November is now a down month...
In another incident of deja vu, gold investors everywhere have seen their spirits crushed this week in the same old tired manner The Bullion Banks have employed for decades.