It only takes a quick glance at the daily SPX indicators to assess the current market position. Last week, for the first time since the 2346 low, they “sputtered”. It is no wonder since from about 2600 the index has started to meet with more and more overhead...
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.
January 27, 2019
There is a well-known fable of the shepherd boy who became bored and felt lonely while he was watching over the sheep of the village and shouted, ‘ Wolf! Wolf!’. The villagers heard him and, grabbing their fighting sticks, rushed to protect the flock – only to be...
We are in the end time of an unprecedented era of financial expansion — the greatest expansion of the world’s money supply ever attempted, expansion of the Federal Reserve’s vast and unchecked powers far beyond what the Fed could do before the financial crisis, and...
The Dow Jones Index took last week off; In 4 days of trading it advanced only 0.11% In the BEV chart below, or 31 points. After the advance seen since December 24th I guess it earned a break.
'Twas just one week ago wherein we bemoaned that a lifeless Gold had fallen out of bed. Today 'twould appear Gold's getting banged on the floor has brought some life back to price, and moreover, some volatility.
January 26, 2019
Tanzanian Royalty stock is right now regarded as selling at an extraordinarily low bargain price. There are several important reasons for this. One is that several years back it (and other key mining stocks) suffered from an orchestrated shorting campaign where,...
Gold sector is on a major sell signal. Major signals can last for months and years and are more suitable for long-term investors. GLD is on short-term buy signal.
January 25, 2019
If you have been following some of the research posts by some of the biggest names in the precious metals industry, you may understand “why” so many people are so excited about the opportunities in Gold and Silver recently.
It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to...
The gold miners’ stocks have slumped in January, tilting sentiment back to bearish. This sector’s strong December upward momentum was checked by gold’s own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs ...
We’ve seen this movie before. In the first three weeks of 2018, the S&P 500 gained 150 points. That was nearly a 6% gain in just 15 trading days. I told folks at the time, “Most investors would probably do well to cash out right here, take their 6% profits and...
“You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government. And, with due respect for these gentlemen, I advise you, as long as the capitalist system lasts, to vote...
Much has been discussed, about has happened to the world since 2008, and many investors today are anchoring to the most recent crash in 2008-09. A new crop of investors never even experienced a true crash. But the next crash is never the same as the last crash.
Resistance Ahead - Following a-20% peak-to-trough correction in stock markets in December, we are now witnessing a powerful oversold rally. How far will it run? Is it a counter-trend rally in a new bear market or the beginning of a new leg higher in a still-ageing ...
January 24, 2019
DaBoyz more than held their own Wednesday, keeping the Dow airborne for six hours even though buying interest was practically nil. This is an achievement of sorts, and it suggests that although upside potential will be limited to whatever the stock market’s masters...
– Investors need a ‘Plan B’ to protect against Brexit, currency, property and other risks. – Brexit uncertainty is impacting Irish and UK consumers, companies and economy. – London home asking prices slump below £600,000: Lowest since 2015 but still very over valued...
January 23, 2019
Billionaire Sam Zell just announced that he bought gold for the very first time in his life because, as he puts it, “it is a good hedge.” In a recent Bloomberg interview, the Equity International founder and creator of the real estate investment trust (REIT)...
Last week, we discussed our outlook for 2019 and the factors that will soon drive price to multi-year highs, and eventually, new all-time highs. This week, let's take stock of the current situation and attempt to discern the direction of price in the near term.
The world faces some very serious ecological challenges due to the pollution, destruction and over consumption of our natural resources. Climate change is just one of the challenges facing us, but tends to be focused on almost exclusively alas – to the detriment of...
Gold finally broke below the triangle pattern and confirmed multiple medium-term bearish signals that we previously saw. Gold is the flagship metal of the precious metals sector, so the above is an important indication for the short term. However, the most important...
Well, the title of the IMF’s update is telling: “A Weakening Global Expansion”. The global economy is projected to grow at 3.5 percent this year, 0.2 percentage point below last October’s projections and estimated performance in 2018.
January 22, 2019
Palladium might not fill headlines the way gold does, but it’s been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time...
The best performing metal this week was palladium, up 4.36 percent on acute supply tightness. JPMorgan sees additional upside to the price despite weaker auto sales. Gold traders and analysts surveyed by Bloomberg remain bullish on the yellow metal for a 10th...
An Arizona legislator has put forward a bill to de-risk the state’s financial holdings with a modest allocation to physical gold and silver in the state’s reserve fund.
As a member of the British parliament in 1999, Sir Peter Tapsell, who passed away this past August, argued vigorously to keep the government from selling off over half of the country’s gold reserves. Previously, in the 1980s, Tapsell had managed a gold bullion fund...
Last week, we joked that we don’t challenge beliefs. Here’s one that we want to challenge today: the dollar doesn’t work as a currency, because it’s losing value. Even the dollar’s proponents, admit it loses value. The Fed itself states that its mandate is price...
Is the price correction in gold already over? I told investors to prepare for a modest and healthy correction from the $1300 area, and that’s happened.
– Outlook for gold in 2019: IG TV Victoria Scholar interviews GoldCore. – Given Brexit & Trump risk, trade wars & fragile economic growth, gold may gain 20%-25% in 2019
Increasingly, my view of all of the action in ES (e-mini March S&P futures contract) from the Dec 25 electronic Christmas Day low at 2316.75 into last Friday's (Jan 18) high at 2677.75 (+15.6%) represents three distinct psychological phases of market influence,...
Having watched Van Helsing I thought "There must be a way to work this stuff into chart analysis" and there is, for tomorrow night there is a "Super Blood Wolf Moon Eclipse" which might synchronize with a reversal in the markets.