Legendary commodities investor, Rick Rule. Rick, the founder of Rule Investment Media, joins the show, and he shares his seasoned insights into the recent trends and movements within the gold and silver markets.
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, 2024
June 27, 2024
Gold is likely to rally this week (it's already underway), but what's likely next can surprise you.
I spend a lot of time tracking the ripple effects of embarrassing and unsustainable debt levels on our credit markets, rate markets, equity bubbles, inflation metrics and, of course, the daily-debasement of our currency’s inherent purchasing power.
Welcome back to Wall Street Silver. Joining us today is Chris Vermillion, Chief Market strategist at TechnicalTraders.com.
June 26, 2024
Gold has made six major breakouts since the end of the Gold Standard in 1971. Only two of the breakouts retested the breakout. Those two were the two previous breakouts to new all-time highs: 1978 and 2009.
A subscriber sent me analysis calling for a “Monster [bullish] reversion trade for the ages” based on the extreme under-performance of the Equal Weight SPX (RSP) to the Headline SPX. The writer’s conclusion is that after such an extreme divergence the spring back in...
The investment world generally treats gold like a second-class citizen. Sure, the mainstream will sit up and take notice during a strong bull run, but generally, the financial media and investment gurus tend to spurn the yellow metal.
Bank of America is eyeballing $3,000 gold. According to a report released by the big bank, gold prices could potentially hit $3,000 an ounce in the next 12 to 18 months as the Federal Reserve begins cutting interest rates and rising debt drives economic uncertainty...
In this morning's market update, Vince Lanci takes a look at a new Goldman Sachs report that highlights what the CTAs (commodity trading advisors) have been doing in the gold market. Where recent price action and new mid-year allocations have them close to the end...
The technical setup of Gold & Silver is similar to the one that preceded the huge gains in the 1970s.
June 25, 2024
The main global economic theme right now is sticky inflation and fading growth. The Dow has been drifting sideways since March 21. For gold, the drift began on April 12.
According to Bank of America, China gold ETFs continued to see inflows, adding $253 million and marking the sixth consecutive month of inflows. Gold ETF buying in China is driven by weak equities, a weakening local currency, and decreasing bond yields. Chinese gold...
You know gold is doing well when the mainstream sits up and takes notice. The mainstream financial pundits specifically, and the media in general, are typically apathetic about gold at best. More often than not, they’re downright antagonistic.
In this extensive interview with Adam Taggart of Thoughtful Money, VON GREYERZ partner, Matthew Piepenburg, addresses a wide range of market forces impacting investors in an almost surreal 2024 of rate tensions, credit vulnerabilities, currency (USD) shifts and...
Generally speaking, the dollar and US bond yields rise and fall together, signaling a positive correlation between the two. Conversely, the price of a bond and its yield are negatively correlated. The lower the price, the higher its yield. A rising yield favors...
We can see on the chart that the annual CPI rate is under 5% almost eighty percent of the time and that prices actually dropped about ten percent of the time (red years 1920’s, 1930’s). The potential for volatility increases, though, because of the cumulative...
The Federal Reserve has a 2-percent inflation target. Central bankers are supposed to conduct monetary policy such that the long-run trajectory of the price level follows a 2-percent growth path. Most policy-focused macroeconomists think this is a reasonable way to...
In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Thomas James DiLorenzo, an accomplished author, President of the Ludwig von Mises Institute, and former economics professor at Loyola University Maryland.
The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories,...
The rally to take the gold price over $2,400 per ounce happened so quickly, that for a while it felt like the gold price was just going to keep going up every day.
June 24, 2024
Bitcoin, the world’s leading cryptocurrency, is entering a period historically marked by reduced trading activity and price stagnation, often referred to as the “summer doldrums.” This seasonal weakness, typically observed from early June to early October, has been...
Early ruling monarchs would ‘clip’ small pieces of the coins they accumulated through taxes and other levies against their subjects. The clipped pieces were melted down and fabricated into new coins. All of the coins were then returned to circulation. The clipped...
The disconnect between tight Fed policy and a U.S. economy on the brink of recession is growing more unsettling every day. A key question is which economy we are talking about, since there are two distinctly different ones that Fed actions can affect.
Jeffrey Tucker, the founder and president of the Brownstone Institute, shares his views on where gold and silver are heading.
Latest whipsaws in Gold cloud prognosis into next week and the end of month and end of the quarter.
June 23, 2024
From comments made in my past articles, Gold was ideally headed down into the late- May to early-June window, before setting up the next key low. With the recent action, we have either formed that low (yet to be confirmed), or else we have a marginally lower low...
To be sure, our recent missives have been near-term negative for Gold, at least technically so, an eye to the 2247-2171 zone apropos. Still, as you know, Gold these past two weeks has been fundamentally grappling to gain grip, albeit settling this past week ...
The Dow Jones’ last all-time high (BEV Zero) in this BEV chart was on May 17th, over a month ago. That seems like a long time, maybe the advance that began last November is over. Well, if someone wanted to next week begin selling all their positions, exit the...
June 22, 2024
Our proprietary cycle indicator is DOWN. Current data favors overall lower gold prices. Our ratio is on a new sell signal.
A few weeks ago, gold sold off on news that the People’s Bank of China didn’t add any gold to its reserves in May. At the time, I called it a “kneejerk reaction,” and said the news wasn’t “a particularly good reason to sell gold.”