Sometimes, bad luck can strike. But other times, a catastrophe comes from a series of bad decisions, each the reaction to the consequences of the previous one.
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 16, 2021
Gold commanded its unit to make another raid only to find itself stranded. The gold miners had already fled as fugitives, retreating without orders.
The gold price began to wander quietly and somewhat unevenly higher starting shortly after 9 a.m. China Standard Time on their Friday morning -- and that lasted until the 10 a.m. EDT afternoon gold fix in London.
As the market began its historic rally off the March 2020 low, many were convinced that we had begun a bear market. In fact, I witnessed many people posting about short trades in which one cannot lose during that rally. The common perspective was that due to the...
After eight years of writing about the precious metals for Casey Research, the folks at Stansberry & Associates—who just recently purchased controlling interest in the company—decided that my ‘niche market’ column didn’t fit into their plans.
August 15, 2021
There is some evidence that we are still in the bull market, which started in 2009 and which could continue into 2021 until major cycles take over, and it ends. A move up to ~4500 is possible before the current bull market makes a final top…and SPX corrects into...
Gold just posted its best net weekly gain of the last five, price settling yesterday (Friday) at 1782. 'Course, hardly was the week's gain impressive solely by the mere up blip in the above Gold Scoreboard's evolving price track for this year. Indeed toward our...
Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the tag of the 1677.90 figure. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Friday peak of 1781.90 - also ending the day...
This week the Dow Jones made four new BEV Zeros (new all-time highs), which on a BEV chart looks pretty boring. And it’s not just these new all-time highs making the Dow Jones’ BEV chart below appear so tedious; since last November, the Dow Jones hasn’t corrected...
August 14, 2021
Gold bugs should never assume that the mainstream investing community actually understands finance. That includes the Wall Street Journal, which recently published an article (Gold as an Inflation Hedge: What the Past 50 Years Teaches Us) purporting to show that...
Gold sector is on long term SELL signal. A strong dollar is not friendly to the metals. Major support for gold is now at the weekly 200ema, just below $1600.
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
August 13, 2021
The gold miners’ stocks have suffered a weak few months, pounded by a couple big gold-futures purges on distant-future-Fed-rate-hike scares. The resulting bearishness flaring left this contrarian sector deeply out of favor. But with prevailing gold prices still high...
What do the portents say? Well, we’ve been looking for connections between gold and bitcoin, and we see a chance to fatten the coffers. Read on.
On Wednesday I made a post that showed the “metallic credit spread” (as coined by Bob Hoye) known as the Gold/Silver ratio (GSR) flipped on its head (to Silver/Gold) to indicate a dangerous situation for the S&P 500, if past is prologue. Here is that post and...
We’ve seen this movie before.
Most notably, it occurred in April of 2013, when high-frequency traders (HFTs) pocketed a billion or so dollars by taking the gold price down more than $250 over the course of two trading sessions.
The insights below were gathered from an excellent article by Matthew Piepenburg of Matterhorn Asset Management on “the implications behind central bank gold purchases (rising), negative real yields (falling), and Stanley Fisher’s Fed-speak (cringing).”
“The concept of transitory is really this: it is that, uh, the increases will happen. We’re not saying they will reverse. That’s not what transitory means. It means that the increases in prices will happen, so there will be inflation, but that the process of...
August 12, 2021
In this 23-minute MAMChat, Matterhorn principals Egon von Greyerz and Matthew Piepenburg address gold’s recent “flash crash” in the context of technicals, fundamentals, and good ol’ fashioned price manipulation from the bullion banks.
In the space of two trading days, the world of gold and silver prices was turned on its head. On Friday and Monday, silver plunged to its lowest level of 2021, gold touched its low for the year and the silver/gold price ratio also rose to its most undervalued level...
Following three previous reports, the WGC revealed two more interesting publications at the turn of July and August. The first one is the report about gold demand trends in Q2 2021. As we can read, the demand for gold was virtually flat in Q2 (y-o-y), but in the...
Both gold and crude oil peaked at all-time highs in 1980. Those highs are still intact when the effects of inflation are accounted for. Below are the charts for both gold and crude oil…
Precious Metals – in particular Gold and Silver – have recently hit their respective Fibonacci 100% measured moves to the downside. At the same time, both also reached critical support levels where they may remain close to for a while.
Struggling to contain the economic fallout from the pandemic, central bankers have realized that keeping interest rates low and maintaining hundreds of billions in monthly asset purchases (ie. quantitative easing), have not given the desired economic boost; now they...
I thought it was important to address the bombing of the gold market in the past few days. I have received numerous calls from people who are concerned with the recent action. I believe even more so because the Basel 3 regulations were supposed to make the price of...
The gold market has no shortage of issues following Sunday evening’s “flash crash” that saw prices drop sharply at the open.
August 11, 2021
In a recent episode of The Keiser Report, Egon von Greyerz and Max Keiser discuss the 50th anniversary of the demise of Bretton Woods, Nixon suspending the dollar’s convertibility into gold, “transitory” inflation, how stock and bond markets are pricing-in inflation...
The gold price dropped precipitously on Sunday evening, August 8. Or it was smashed down, depending on which headline you read. We look at the data to see what really happened to the price of gold.
It has been a very challenging year for precious metals investors, and our struggles may continue a while longer. However, all is not lost and we are not yet doomed to repeat the pattern from 2013-2018.
Another day, another decline in junior miners – and another increase in profits from short positions in them. Shouldn’t we expect a rebound though?