Let’s start with the BPGDM, Gold miners bullish percent chart which has just made a lower low along with the GDX on top. If you recall I was looking for some kind of divergence between the 2 which hasn’t happened yet red arrows on right side of the chart. There is...
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.
October 6, 2021
Storm clouds blanket the entire global economy right now. In the articles I’ve written over the last ten days, I reported extensively on the following prevailing winds that are assailing all economies, and in this article and the next, I’ll reveal how our...
October 5, 2021
Can you remember back to when you were two or three years old? Toddlers often think that there are little people inside the TV (or maybe this was only true when the TV was about as deep as it was wide—and maybe kids today don’t think this when looking at a 60-inch...
The US stock market continues to struggle, and the miners look ready for a major rally. The US stock market chart. I’ve highlighted the 1966-1980 period… and suggested that America is at a point much like 1966.
If there was a way to describe the last days on the precious metals market, it would be “a whole lot of nothing”. More or less, that’s what happened. Let’s start with the nothing that happened in the USD Index.
September is believed to be, from a historical point of view, one of the best months for gold. Well, September 2021 definitely wasn’t very good for the yellow metal. As the chart below shows, the price of gold declined almost 4% in that month (from $1,814.85 at the...
Price of all gold, silver and copper hinges on US economic data releases (other than jobs) and various US September jobs numbers. A slightly better number has already been factored in by the traders. There will be massive short covering rally if US jobs number comes...
In this compelling interview with Patrick Vierra of Silver Bullion TV, Matterhorn founder, Egon von Greyerz, bluntly addresses the blunt forces of policy absurdity and the cyclical adversity now facing debt-wild global markets and financial regimes, against which...
I have to tell you that I get the biggest chuckle out of the comments I read from people on Seeking Alpha. Recently, I read yet another bearish article on the market, and I found a comment which I can appropriately summarize thusly:
October 4, 2021
Ignoring cycles, trends, and technical patterns is a potential recipe for disaster. The HUI index can tell us a lot about the near future.
Since mid-May the price of silver has been under significant pressure, but held above $24. Three weeks ago, that floor was penetrated lower and for a week $23 became the new support. Then, two weeks ago, $22 became the new and lower floor, which on Wednesday failed...
Shocking news out of France late this week, as the government has announced new price controls in response to the growing energy crisis.
The 4540 projection which had been in effect since the March 2020 low has now been reached, but it is too early to call for an end to the bull market which started in March 2009.
October 3, 2021
Thank you for watching today’s free analysis. Please note that it is just a small fraction of the upcoming Gold & Silver Trading Alert. The latter is going to include over 40 charts and other premium details that are not available to 99%+ of investors.
Last week's action saw Gold holding weaker into Wednesday's session, with the metal dropping all the way down to a low of 1721.10. From there, however, a sharp reversal to the upside was seen into Friday, here running all the way up to a peak of 1765.20 - before...
As trading kicks off for the month of October, many investors are looking for a place to hide. The U.S. stock market got slammed on Thursday to finish out the month and the quarter on a down note. The S&P 500 fell 5% overall in September.
Just as President Nixon nixed the Gold Standard back in '71, so too are we nixing for this year our Gold forecast high of 2401. We are wrong and not even close. Period.
The Dow Jones since November 4th of last year, has closed at a new all-time high (0.00% = BEV Zero); forty-one times in the Bear’s Eye View chart below, or in scoring position; closing within 5% of a BEV Zero. That is until Thursday of this week when the Dow Jones...
October 2, 2021
Gold sector is on long term SELL signal. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short-term sell signal. GDXJ is on short term sell signal.
October 1, 2021
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
1. Gold has produced positive returns in 16 of the last 20 years. 2. Gold’s average annual return compounded since 2001 is 10.32%. (2001-2020). 3. Gold has been a portfolio stalwart. A $100,000 investment in gold in January 2001 would be worth about $655,000 today....
It turned out that time travel is possible, after all. All you need is reckless monetary policy and, boom, you are back in the 1970s. Gold seems to like such voyages!
With earnings season beginning in October, a profound correction of the S&P 500 could add fuel to the fire of the already well-supported U.S. dollar.
The gold cartel will have a lot easier time manipulating gold lower here with a stronger dollar. As I have said many times in the past, metals are the second most manipulated markets behind currencies. Governments have an inflation problem.
September 30, 2021
US dollar (DXY) has activated its Inverted H&S, Gold/Silver maintains its uptrend, watch silver going foward… I do not make predictions because I do not pretend to be a guru.* But NFTRH has been tracking what has been an uptrend in the US dollar for all of 2021...
Another week- another 360,000 Plus people applying for first-time jobless benefits. More bad economic news to confirm that our economy is crumbling and that the only way stocks are staying elevated is through central banks “printing and buying” schemes- also carried...
Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.
At a panel discussion, Fed Chair finally admitted that inflation could be more (!) long-lasting than expected. What does it mean? Hawks. Lots of them.
One of the most common reasons to buy gold is to use it as a stable store of value. This analysis uses 50 years of history to test that common belief, and finds it woefully lacking - for it misses the best parts of investing in gold.
With the risk of repeating it again and again (timing is the most difficult), I find it hard to understand that you can buy a tech co with 50 years of profits (even if it shows growth) and sell what integrates value (for example, companies with tangible assets worth...