The best performing precious metal for the week was palladium, up 6.67%, as platinum group metals bounced back strongly this week from the double-digit losses experienced last week. Gold continued to stabilize after comments from Fed Chairman Jerome Powell indicated...
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.
June 28, 2021
There are many things that demonstrate the moral and intellectual bankruptcy of modern economics. However, the best evidence of this bankruptcy is the tremendous fear economists have of falling prices, a fear which is prompted by their looking at deflation through...
“Basel lll is an internationally agreed set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-09. Like all Basel Committee standards, Basel lll standards are minimum requirements which apply to...
June 27, 2021
Last week's trading saw Gold forming its low in Monday's session, here doing so with the tag of the 1764.20 figure. From there, a decent bounce was seen into Wednesday's session, with the metal pushing all the way up to a peak of 1795.60 - before backing off the...
There is some evidence that we are still in the bull market which started in 2009 and which could continue into 2021 before 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 its...
Last week, I was concerned the stock market was at a critical juncture, that maybe Mr Bear was coming back to have his way with the Dow Jones. What difference a week can make, or in the case of the Dow Jones’ BEV -5% line below, what little difference a week made....
No sooner had we penned last week's piece ("Gold Drops Exceedingly; Fed Ducks Reality") wherein was written with respect to the Fed... "...That they see two FedFunds rate increases the by end of 2023? How about by the end of this year?..."
Over the years, I have witnessed a number of debates over a wide variety of topics that ranged from capitalism-communism (1960’s), civil rights (1960’s), Kennedy assassination (1973), Turner vs. Mulroney (1984), Benson vs. Quayle (1988), and finally, my favourite...
June 26, 2021
Home prices are surging, making some investors worry about the housing market. These fears seem to be exaggerated, but bubble-like conditions are widespread.
Our proprietary cycle indicator is DOWN. 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.
June 25, 2021
Gold was just hammered lower after the latest FOMC decision. Heavy gold-futures selling erupted after a third of top Fed officials implied they saw a couple potential rate hikes way out into year-end 2023. While leveraged gold-futures speculators panicked, gold...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
Is the entire financial system currently in a massive bubble? That is the question that astute investors may now be asking. According to Nouriel Roubini, CEO of Roubini Macro Associates and professor at NYU Stern School of Business, now is the time to be overweight...
June 24, 2021
Claudio Grass (CG): Even before the pandemic, there was a clear trend towards the politicization of central banks and monetary policy. Over the last year, however, we saw this accelerate considerably, to the point where the supposed independence of the Fed or the...
The move away from the Federal Reserve Note as the global reserve currency of choice has continued in recent years, with fresh developments increasing the greenback’s stiff competition.
The US Dollar Index is headed for a multi-month uptrend, if you can believe the message from tin prices.
June 23, 2021
The recent Fed's hawkish turn is fundamentally negative for gold prices but there is still some hope. The hawkish counter-revolution within the Fed continues. On Friday, St. Louis Fed President James Bullard said that the recent FOMC shift towards a faster...
The correct definition of inflation is “the debasement of money by government and central banks“. The effects of inflation show up in the form of higher prices for all goods and services.
When will the wax melt that holds up the global economy? Hubris is driving humans and markets ever higher and closer to the sun. The higher everything goes, the greater the risk that the wax melts and the wings that are supporting the global economy just fall off...
Once again, it was the "escalator up and elevator shaft down" for the COMEX digital metals. What does this mean for price moving forward and into the second half of 2021?
Michael Burry, the Scion Asset Management boss, became a famous and a widely followed investor after his winning bet against mortgages just before the 2008-2009 crisis. His highly ambitious bet against the bubble was described in the book and the film "The Big Short...
June 22, 2021
Gold prices are consolidating after its post-Fed collapse. Gold formed a bullish engulfing candle on Monday but needs to close above $1800 to support a possible bottom. A continued breakdown below $1750 would be near-term bearish.
Time is a very important consideration for investors. Amateur gold bugs always want to know where the price of the metal is going, and by what date.
The FED knows it has to taper soon, but doesn’t want to scare investors. However, the gossip spread. What impact will it have on the precious metals?
Battered gold and silver markets face a test of their bull market prospects. For gold, a bullish trendline has been in force since late 2018.
The prices of the metals were on a tear in April and May. Then some sideways action. And then this week, thud.
June 21, 2021
In the past week, precious metals investors, speculators, and traders have been forced to apply all kinds of salves, balms, and ointments to jangled nerves, rattled resolve, and battered net worth statements, all directly the result of an unexpected shift in the...
The best performing precious metal for the week was gold, but still off 6.04%. U.S consumer prices rose in May by more than consensus expectations. CPI jumped 5% from the prior year, with many price jumps reflecting shorter term price gains from pandemic-induced...
History does not repeat itself, many people say. However, the lessons from the past should be learned. The prices of precious metals have recently fallen after the last Fed’s meeting. Briefly, investors are worried the Fed will hike the interest rates twice in 2023...
Ben Bernanke and many other economists regularly blame falling prices as a cause of an economic collapse. In fact, this forms the foundation of Ben Bernanke’s analysis of the Great Depression. Regrettably for Ben Bernanke and these other economists, falling prices...