According to the World Gold Council head of Asia-Pacific and global head of central banks Shaokai Fan, the “center of gravity” of the gold market has shifted to the East. Gold consumption by emerging market economies is rapidly rising and the majority are...
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 15, 2024
June 14, 2024
Gold has generally drifted sideways for a couple months now, consolidating high. That lack of progress has significantly eroded sentiment, bleeding off greed and stoking bearishness. But this healthy process is exactly what gold needed to rebalance sentiment. ...
How can we know for sure the stock market is in a bubble? NVIDIA (NVDA) has been up 155% year to date; its market cap is over $3 trillion. The company has gained the equivalent of Amazon in just six months. And it is responsible for just over half of the S&P 500...
Metals and Miners are in the timing window for cycle lows and prices may be very close to bottoming. Gold needs to close above Wednesday’s $2358 high to reverse the post-Fed breakdown and support an immediate bottom.
It's been a wild couple of weeks, with the jobs report, the CPI inflation report, and the Fed announcement. Gold and silver came through it with a few bumps and bruises, but the charts look very good.
Prices held steady in May, the Bureau of Labor Statistics reported on June 12. The Consumer Price Index grew at a continuously compounding annual rate of just 0.1 percent last month. It has grown 3.2 percent over the last year. Core CPI, which excludes volatile food...
The Federal Reserve’s Federal Open Market Committee (FOMC) yesterday left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. The target rate has now been flat at 5.5 percent since July of 2023—as the Fed waits and hopes that...
The Federal Reserve released its latest policy statement on Wednesday, followed by another press conference from Jerome Powell, to cap off what was all in all a pretty active day for gold and silver.
June 13, 2024
Strike up the band and wave the victory banners! Inflation is dead! Or is it? The May Consumer Price Index (CPI) report was cause for optimism. But price inflation is like that stubborn weed in the driveway. Just when you think you’ve killed it for good, it pokes...
When most people think of juniors, they think about exploration companies and drill plays. The appeal of these stocks is their huge upside potential. One drill hole can change everything and make you rich.
June 12, 2024
Headlines like this have been pummeling the monetary metals sector in recent days: "Gold Is Getting So Expensive That Even China's Central Bank Stopped Buying."
Upping the ante following the initial weaponization of the dollar in 2022, the United States and a number of allied nations have agreed in principle to begin distributing profits on seized Russian assets to Ukraine.
Most people don't understand the enormity of the national debt, the amount of government spending, or the size of the monthly deficits. As a result, they come up with all kinds of absurd "solutions" to the problem.
In recent years we've seen gold and silver flow to the east. And as Vince Lanci talks about in this morning's show, that's set to continue going forward.
June 11, 2024
Most gold bugs agree that owning gold feels fantastic… on days when the price is up. Recent key reports and events have brought increased volatility to the market, and this has surprised a lot of investors.
Gold is misunderstood, but the misunderstanding is related to things more complex and nuanced than simple “sentiment” on any given time frame within the very long-term.
The best performing precious metal for the week was palladium, up 0.56%. According to CIBC, Agnico highlighted operational improvements related to the recently commissioned Shaft 4, improvements related to mining methods, and high-grade opportunities in the South...
In the late 1960s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to PF, loose central bank policies set the platform for lower economic growth...
American Compass, a think tank promoting a conservatism lacking even a rhetorical commitment to free markets, recently called for Republicans to support tax increases. The organization claims a GOP embrace of higher taxes will enable the uniparty’s left (Democratic...
Gold has broken out against Oil and is inches from breaking out against equal weighted Commodities index. It has already crushed Bonds. Is the stock market next?
June 10, 2024
What a (-n absolutely unsurprising) big slide in gold. I’ve been writing about the link to the 2011 double-top for some time now, and I’ve been emphasizing the back-and-forth nature of the correction.
Gold crashed through several support levels on Friday. The yellow metal plunged from $2,376 Thursday to under $2,300 by Friday afternoon.
If I hear that gold is a hedge against inflation or a hedge against market weakness again, I think my head is going to explode. Oooops. Too late. I just saw an article claiming that “[b]earish signs in the stock market indicate it's a good time to hedge...
Those who think the wizards at the Fed have engineered a soft landing for the grotesquely pumped U.S. economy are in for a rude awakening. Strip out the “wealth effect” from mega-cap stocks driven mostly by hot air and short covering, and the economy is already in...
We're going to have a major buying opportunity, but we are at the top of an intermediate cycle, starting the declining phase of that intermediate cycle.
The fiat money system will not disappear just like that. Any expectations or hopes to that end should be tempered. Yes, the fiat money system could collapse; yet there is a significant likelihood it will persist longer than most people might think. This prolonged...
Precious Metals were slammed on Friday. Gold lost over 3% while Silver lost nearly 7% and the miners were down ~7%.
Data released on Friday shows that the People's Bank of China did not add to its gold reserves in May, following a streak of 18 consecutive months of increases.
June 9, 2024
From comments made in my articles in past months, Gold had formed a key bottom back in mid-February - and with that was projected higher into mid-April of this year, or later. From there, a correction was favored to play out into the late-May to early-June window,...
Later on in today’s program, we have an important update on Money Metals’ efforts to enact pro-sound money laws across America. Six bills have become law this year, making 2024 the most successful year for our sound money efforts so far. So, stick around for an...