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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 21, 2021

Fact checking politicos, headlines and central bankers is one thing. Putting their “facts” into context is another. Toward that end, it’s critical to place so-called “economic growth,” Treasury market growth, stock market growth, GDP growth and, of course, gold...

June 20, 2021

We perceive the world around us through glasses that are colored by our previous experiences, or likes and dislikes and very much so, our prejudices. Yet there are certain guidelines for our attempts to make sense of what we see and hear that as a rule are accepted...

Last week's trading saw the gold forming its high near Monday's open, here doing so with the tag of the 1879.70 figure. From there, a sharp decline was seen into later in the week, with the metal dropping all the way down to a Friday low of 1761.20 - also ending the...

This week the Dow Jones closed with a BEV Value of -4.28%.  It hasn’t seen a BEV value this low since November 4th when it last closed outside of scoring position with a BEV Value of -5.77%.  That’s over seven months ago.  Seven months in the market can be a long...

Quite the week, that. Best we begin with some "Facts, Hercule, facts!" Gold: Having settled the week exceedingly down 6.2% at 1764, Gold is now priced by the market at but 46% of its currency debasement value (as measured by the StateSide "M2" money supply) of 3870...

June 19, 2021

Well, precious metals markets got absolutely slammed on Thursday. The selling rout followed statements put out by the Federal Reserve suggesting that tapering and rate hikes could come sooner than previously expected.

Our proprietary cycle indicator is now DOWN. Our ratio is on sell signal. The sharp rally in USD this week has resulted in a double bottom. A strong dollar is not friendly to the metals.

June 18, 2021

Here are today's videos and charts.  The videos are viewable on mobile phones as well as computers.

Gold was crushed this week following the latest Federal Open Market Committee decision.  While the Fed didn’t taper quantitative easing or hike interest rates, Fed officials’ predictions of future rates proved more hawkish than expected.  That ignited a powerful US-...

Wilhelm Ropke said of economists, "They look at inflation through the wrong end of the telescope and deflation through a magnifying glass."  Proof of Ropke's observation can be found by reviewing what the Federal Reserve did in the 1920s and what it is doing now. ...

June 17, 2021

Tapering was finally discussed at the FOMC meeting. Gold declined profoundly afterward, ending $70 lower than on Monday. Has the trend changed?

Today gold is 0.7% lower. What about the other precious metals? Silver is 1.2% lower, platinum is 1.4% lower and palladium is 1.9% lower today. So precious metals are lower this morning.

We all know that we are supposed to “sell in May and go away”. Everyone says so. And so far in 2021, that looks like the operative strategy, since stock prices have been chopping sideways, just like they are supposed to.

For the most part, after 20 years of researching, investing in and trading the precious metals sector, I have learned to live with the oppressive amount of official intervention in the precious metals market. There is evidence of said manipulations, including...

June 16, 2021

But think about it as you read in terms of what is unfolding in the United States financial and political system (note: sourced from Zerohedge;   Jens Parssons wrote a book title “Dying of Money:  Lessons of the Great German and American Inflations” published in...

The coming 5-10 years are likely to see asset prices decline by at least 90% in real terms. Yes stocks, bonds and property prices will in coming years collapse. But that’s not enough, the whole structure of society will also fall. There will be no or negligible...

Over the past several months, we've written on multiple occasions about the issues and loopholes within the global unallocated gold market. This fractional reserve system risks collapse with every run on true physical metal, and recent events demand this update.

Let’s talk gold. The Federal Reserve meeting will be over today. Gold price has risen this quarter on the back of rising inflation and very high probability of sustained hyper-inflation. A weaker US dollar Index. Bond yield forming a long term top between March 2021...

June 15, 2021

Gold broke below its support line yesterday, but it didn’t do so smoothly, leading both bulls and bears to think they’re right. So, who’s wrong?

I asked you in my last article if you were more concerned with name calling than with profiting from the market. So, I was wondering if you gave it any more thought, and if you had come to a conclusion?

June 14, 2021

I’ve been writing about the possibility of higher inflation for months, and now it looks to have finally made landfall. May’s headline consumer price index (CPI) came in at 5% year-over-year, the highest in over a decade.

The best performing precious metal for the week was silver, up 0.45%, but still finding resistance trying find a level above $28 to hold for the last month. De Beers has raised some rough-diamond prices by about 10%, as the world’s top producer cashes in on rampant...

The gold market is off its lows but still struggling in negative territory, finding little traction as data from the Federal Reserve of New York further highlighted the growing inflation threat.

In this 20-minute MAMChat, Matterhorn Asset Management principals Egon von Greyerz and Matthew Piepenburg address the current and ever-evolving inflation narrative as well as its inter-relationship with interest rates.

Inflation is running white-hot right now, and the reason is clear. It is because the Treasury poured $6 trillion into the economy between March of 2020 to March of 2021. That amounts to nearly $50,000 per US family in the name of pandemic relief.

Since the start of the year, central banks have purchased over 4 million ounces of gold. April was a big month for central bank activity. Over half the amount of gold purchased in 2021 was in the month of April alone.

Economists — including those at the Fed — were surprised by inflation again. With their consensus view being that inflation for June would print at about a 4.7% increase year-on-year, inflation barreled in at 5%. That took us back to the kind of inflation we saw in...

Given the increasingly politicized interplay (cancer) of central bank policy and so-called free market price discovery, it’s becoming increasingly more important to track the actions of central bankers rather than just traditional market signals alone.

June 13, 2021

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...

The recently released May statement of account of the Bank for International Settlements reports an increase of 45 tonnes in the bank's gold swaps to 517 tonnes. This follows declines in March and April 2021 from the record high estimated at 552 tonnes as of...

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