Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1873.30 figure. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Friday peak of 1961.80 - before backing slightly off the...
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.
November 8, 2020
Hi everyone, it’s Chris Vermeulen here. Over the years, I have covered a lot about investing, swing trading, and technical analysis in these articles. Today I have exciting news and fresh trading content you are going to love. Many of you trade options around the...
My last article was two weeks ago with the Dow Jones’ BEV closing the week at -4.11%. This week the Dow Jones closes with a BEV -4.16%. Boring stuff, until you realize that in-between these two Fridays the Dow Jones twice actually broke below its BEV -10% line. ...
November 7, 2020
By now it is probably obvious, even to the most naive of mainstream narrative followers, that we are well past the point of no return on many fronts. Politics, on a national and global level, are never getting back to “normal”, the economy is already knee-deep in a...
Our proprietary cycle indicator reverses up this week. Gold sector remains on long-term buy at the end of October. The multi month correction is at completion. $$$ We are holding long and short-term positions.
November 6, 2020
As President Donald Trump continues to insist that he will be the winner of the election after all the legitimate votes are counted and the illegitimate ones thrown out, at least one publication has declared a different winner. Not Joe Biden, but Federal Reserve...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
The US stock-market action last quarter proved a roller-coaster ride. Big US stocks first surged to record highs on hopes for more huge pandemic-stimulus spending from Congress. Then with little progress on that front, the stock markets plunged again. Q3’20 proved a...
Brace yourselves, winter is coming! This is what Ned Stark in the Game of Thrones told his people to prepare them for the leaner times he saw coming. While one of the biggest threats in GOT were the White Walkers, in our reality, the pandemic is again the greatest...
November 5, 2020
Following the presidential election this week, the new President of the United States will face an economic slump. Long before the covid-19 lockdowns, economic and financial developments threatened to undermine both the US economy and the dollar.
As accusations of voting irregularities mount, President Donald Trump’s legal team is descending on Pennsylvania and Georgia as well as multiple battleground states that have been called by media outlets for Joe Biden.
You see, it’s not a Trump thing. It’s an ‘America is so hopelessly indebted (as are other developed economies) that they have no choice now’ thing. However the election shakes out – most likely Democrat president and congress, Republican senate – the stock market is...
Ladies and Gentlemen, the new President of the United States is… still unknown! The election results are not available, as some states are still counting the votes. The race is very balanced, with few states remaining too close to call. At the moment of writing this...
November 4, 2020
Few at the corner of Wall Street and Main would quarrel with the extraordinary steps the central bank and federal government have taken given the current circumstances. At the same time, any new rescue effort will pile trillions of debt on the trillions already...
Chris joins The Korelin Economics Report to discuss broad market trends to expect after the election is settled. We are already seeing money flow into markets broadly today as investors hope to have the election uncertainty behind them. We discuss several different...
In Monday’s analysis , I wrote that the market situation is likely to become more specific right before, during, and perhaps shortly after the U.S. presidential elections . And by “specific”, I mean that the markets could begin moving against their previous trends...
November 3, 2020
Regardless of the tumultuous year that we’ve had so far, Election Day remains the most significant event of the year and what every precious metal trader was waiting for. Given the election’s controversial nature, and all the other risks and uncertainties associated...
It appears that both gold and stock market investors believe the winner of the US election (held today) will be more money printing and debt. That’s almost certainly true, but what happens if the fed becomes less keen to continue its accommodation?
There's no shortage of prognostications or conjecture about the U.S. election. Of course, everyone has an opinion. Some like red, some like blue and some like neither. Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets...
Want to hear something really scary? Inflation, the scourge of the modern economy, may be running much faster than we’re led to believe. I’ll use consumer spending on Halloween as an example of what I mean.
Few if any among us who have lived to maturity did not at some time have to make a choice that affected our lives by sending us down a path much different from the one implied by the other choice. Hopefully, by far the majority among us, can look back on the time...
November 2, 2020
The best performing precious metal for the week was spot gold, but still off 1.22 percent. UBS raised its price forecast for palladium to $2,500 an ounce by the end of December, up from $2,400 an ounce. Analysts at the bank say palladium imports from China have hit...
Governments cannot print endless amounts of money without repercussions or causing inflation. They got away with it during the 2008 crisis because the money stayed in the banks (for the most part). This time, the money is entering the system, and there is a lot more...
It’s evident that stocks have once again invalidated the breakout above their early-2020 high. They have also closed the week below the lowest weekly September close. Back in September, the S&P 500 index reversed on a weekly basis and rallied once again. This is...
So, today is the day! It's Election Day. For quite some time, national polls indicate that Biden has a significant advantage . He is also polling scarcely close ahead of Donald Trump in key battleground states, but, in some states, the lead has recently narrowed. So...
Chris Vermeulen of The Technical Traders joins International Stacker to share his latest short term technical analysis on the charts of silver, gold, and his perspective on the larger precious metals supercycle that will take Gold to $7200 and Silver $100+. While we...
Gold finished intermediate degree wave 5-up of Primary degree wave (1) up of Cycle degree wave III-up in August 2020. Wave fives are the most dramatic waves for precious metals and Mining stocks, and this final wave 5 rally formed a Parabolic rise. The problem for...
SPX is in a corrective pattern which should continue at least into mid-November. There is an outside possibility that it could drop as low as 3050 by then.
November 1, 2020
Last week's trading saw gold forming its high in Tuesday's session, here doing so with the tag of the 1913.80 figure. From there, a sharp decline was seen into later in the week, with the metal dropping all the way down to a Thursday low of 1859.20 - before bouncing...