The new coronavirus is unfortunately deadly not only for humans but also for global economy. The central banks have shot their bazookas, but the monetary policy is helpless during pandemics with their supply disruptions and self-quarantine that effectively freezes...
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.
April 27, 2020
April 26, 2020
SPX is making a secondary top which may simply need a finishing touch. The next short-term reversal should quickly re-test the 2720 level, and once it is broken, a new low is likely, possibly by mid-year.
Last week's trading saw gold forming its low in Tuesday's session - here doing so with the tag of the 1666.20 figure for the June contract. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Thursday peak of 1764.20 -...
A favourite expression of dear old Dad toward successfully achieving one's goal was to "be in there battling", enhanced with a few hand claps, before shuffling back into his library. And in settling out this past week yesterday (Friday) at 1746, Gold -- albeit...
Since the Dow Jones’ March 2009 bottom, its BEV -17.5% line has been a critical level of support. In autumn 2011 the Dow Jones failed to break below it, and in December 2018 when the Dow Jones did break it, it closed below this critical level for only one day;...
April 25, 2020
Precious metals have become the focus of many researchers and traders recently. Bank of America recently raised its target to $3000 for gold (source: https://www.bloomberg.com). In December 2019, we published a research article suggesting precious metals were...
Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of March. Our core positions are deep in the money, and shall wait for the next cycle bottom to add to positions.
April 24, 2020
The metals complex showed relative stability this week as the oil market suffered a historic meltdown. West Texas Intermediate Crude crashed 70% at one point this week on the continuous contract, bringing prices briefly below $7 per barrel. By Thursday, prices were...
After a more than 50-year bear market in gold stocks, things are coming together to create virtually perfect conditions for gold stocks. Gold prices are at (or near) all-time highs in most currencies, and will likely continue to rise over the coming years. Commodity...
This interview starts by Lynette reminding her audience of Egon’s view that financial and economic risk in the world was getting uncomfortably high already 20 years ago. He recommended as early as 2002 for people to hold 25 – 50% of investable assets in gold, when...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
The gold miners’ stocks surged to a major bull-market breakout this week! Powering decisively above their years-old secular resistance is a hugely-important technical event. It proves this gold-stock bull is alive and well, greatly improves sentiment, and puts...
Particularly at times like these, when we’re experiencing things few would have imagined, it’s important to reach out for that which gives long term perspective and grounding. These days, it’s easy to get wrapped up in the short term and lose track of the long term...
Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments.
The Wuhan virus outbreak, and the economic lockdowns that spread globally because of it, have accelerated the trend toward a digital economy.
April 23, 2020
This article asserts that infinite money-printing is set to destroy fiat currencies far quicker than might be generally thought. This final act of monetary destruction follows a 98% loss of purchasing power for dollars since the London gold pool failed.
There are as many ways to play the PM sector as there are investors. Some will only buy the big cap PM stocks for safety. Others will only buy the mid cap producers. Some will only buy a mix of big caps and mid cap producers.
The world watches as a number of economies begin, or plan, to lift certain lockdown measures that were earlier put in place to slow the spread of the coronavirus.
Chris Vermeulen, CEO & Founder of Technical Traders Ltd., joins Tom Bodrovics at Palisade Radio to discuss the markets and Chris says, “This is the time to really be paying attention to the markets… It could be a bloodbath.”
Will the Coronavirus be the catalyst of not just a depression but also major reduction in global population? The growth in world population since the 1850s has been explosive. In the 1850s there were 1 billion people and today we are 7.8 billion. Although many “...
April 22, 2020
During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing.
Exponential growth in COVID-19 cases is frightening, just like exponential growth in debt, government expenditures, and “borrow and spend” policies. The COVID-19, aka World War C, is a game changer, a reset. U.S. official cases on March 5 were 159.
In this important interview Egon von Greyerz of Matterhorn Asset Management AG, answers questions of Jan Kneist’s Investor Talk.
There are times to keep being focused on higher timeframes, yet the finer ones do send valuable signals at times too. And today, every precious metals investor better pay attention to their message. Take a look at the below chart featuring the miners.
After watching front month NYMEX crude oil futures collapse into negative pricing on Monday, you should be sure to consider the possibility of an exact opposite scenario playing out one day soon in COMEX gold futures.
April 21, 2020
The US stock market is once again in imminent danger of a major collapse. The disturbing daily chart of the Dow Index. A rally towards resistance has taken the shape of a bear wedge. The rally failed to even reach that resistance zone, and now there’s an ominous...
The price of gold has been up steadily for the last 30 days (with a few zigs and zags), now re-attaining the high it achieved prior to the big drop in March. Gold ended the week at $1,662. Alas, it’s not quite the same story in silver, whose price drop was bigger....
Gold certainly reacts with great sensitivity to fevers rising. And the most important fundamental factor right now remains the Covid-19 pandemic and what might be referred to as the Great Lockdown. We’ll open today’s article with the latest gold-related coronavirus ...
There are a few times in an investor’s life where, as Jim Rogers once put it, you see a pile of money sitting in a corner and you can go pick it up. In other words, an investment opportunity that’s not just obvious, but has a high reward-to-risk ratio.
The gold futures contract gained 0.73% on Monday, as it bounced off previous local highs. The market has reacted to an unprecedented oil prices crash and stock market’s decline yesterday. Gold was acting as a safe-haven asset. On last week’s Tuesday it was the...