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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.

 

July 17, 2017

Stark warnings have been issued by the Bank of England and its regulatory arm, the Prudential Regulation Authority (PRA). In less than one week the two bodies issued papers and speeches to warn industry members that many banks are showing signs of making the same...

“There is some evidence – which will need to be confirmed next week – that SPX is getting ready to start the final wave of its terminal pattern, and that this could take it to about 2500 before we can start the long-awaited intermediate correction.”

July 16, 2017

Welcome to the 400th consecutive Saturday penning of The Gold Update, double the number we'd intended to write until you cherished readers reversed our intent for "Gold 2000 or 200 missives, whichever comes first" to "second."

Not unexpected, the Dow Jones Index made new all-time highs on the last three trading days of the week.  The number of BEV Zeros the Dow has made since the November election increases weekly.  Since the elections, there have been 169 NYSE trading sessions, of which...

July 15, 2017

Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is down. A major consolidation is in progress and now near completion. Speculative positions according to COT data are a multi-year low.

July 14, 2017

Stocks are often considered the sure-fire investment for the long term thanks to their historic record. But few investments have the historic relevance of gold—or a history that goes as far back. That’s why so many investors flock to Gold IRAs in order to ensure...

Here are today's videos and charts.

Analytically, we continue to see a number of signs that give strong evidence that an important bottom is in the process of forming on both Gold and the Gold Stocks. Fundamentally, we believe the Trump Administration is very close to imposing trade tariffs on Chinese...

One of the primary keys to success in investment and speculation is picking the right stocks to trade. That’s no mean feat, as it takes great effort, expertise, and time to winnow the whole field down to the likely winners with the best fundamentals. Although deeply...

Within the US borders, the population remains largely ignorant of the true significance of the global currency reserve concept. It is of paramount importance, yet almost never discussed in the financial press. The public within the United States simply assumes the...

This “amateur cyclist’s” chart (I am anything but a cycles analyst) of the S&P 500 shows that the 12 month marker (C12) meant exactly nothing as the market remained firmly on trend, after brief pokes down in April and May.

After striking a bottom on June 6th in what I had been counting as a smaller degree ending diagonal this week, the XIV has continued to push higher, trading 12% higher from last week’s low into the close on July 13th. We are now once again within striking distance...

Four weeks ago, after gold had corrected down from nearly $1,300 to around $1,240, I tweeted out that I was thinking about re-entering the JNUG (Direxion Daily Junior Gold Miners Index Bull 3X ETF) market and proceeded to launch into one of my classic invectives on...

We thought that when the gold price broke above its five-year downtrend in early June, it would establish an upward trend. We were wrong. Another false start, it seems. The bubble in financial assets continues.

July 13, 2017

In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, by establishing a new monetary and banking system. 

In early May, 2017, we alerted our follwers to a trading opportunity that resulted in a nearly perfect Momentum Reversal Method (MRM) setup – this trade was MOBL (Mobileiron Inc).  Now that the trade has completed, we wanted to share with you an example of how the ...

There are four interesting developments taking place in the gold and silver market that precious metals investors should be aware of.  While Americans continue to place all the BETS in the CASINO called Wall Street, via stocks, bonds and real estate, the EAST has...

– Fed has caused “frustration” and “confusion” in market place. – “If you adjust for inflation, you should have gold somewhere around 2 to 3,000 per ounce” – “If you look at what is going on the world, gold should probably be $5,000 to $6,000 per ounce”

July 12, 2017

Gold imports into India have surged in the last six months thanks to festivals, economic recovery and concerns over a new tax regime and the push for the cashless society in India.

For the benefit of subscribers and to help yours truly to make good decisions, we plot an indicator with ten components on a daily basis, that we refer to as the GDI.  On Monday the GDI closed at 39% and on Tuesday it moved into positive territory with a reading at...

Fed Chair Janet Yellen just announced that the Fed will be kicking the $USD off a cliff. She didn’t use those words, but the words she did use weren’t all that different. But first a little context…

The Fed’s “balance sheet reduction” may have profound implications for the dollar, gold, stocks and bonds. We’ll provide an outlook.

In 1980, the Financial Deep State realized that there existed an extraordinary opportunity for serial plunder and profiteering: the manipulation of the gold and silver markets. They immediately mobilized to exploit it.

July 11, 2017

Wall Street's largest firm, Goldman Sachs, is throwing in the towel on commodities, which reminds one of 1998, when Merrill Lynch closed its commodities desk very close to the end of a cyclical bottom.

We recently reported how the people of India has swallowed a massive 1,473 tons of silver in the month of May 2017. Not only was this one of the largest months for Indian silver imports it was more ounces of silver than the U.S. Mint had sold Silver Eagles in the...

Most precious metal assets staged a solid “comeback rally” against government fiat yesterday. The deep-pocketed commercial traders are serious gold buyers now.

This post will use Weinstein’s Stage Analysis to examine where we are in both Gold and the USD. For this analysis, I will use Weekly charts and highlight the Weekly 30ema as a guidepost for our analysis.

July 10, 2017

In recent issues of Seasonal Insights I have discussed two asset classes that tend to suffer performance problems in most years until the autumn, namely stocks and bitcoin. I thought you might for a change want to hear of an asset that will be in a seasonal uptrend...

In the last update we had thought that gold might escape its usual seasonal malaise this year, but it didn’t and went into a rather sharp downtrend and dropped again quite sharply on Friday. The good news though is that this drop has not impacted the big picture at...

The best performing precious metal for the week was palladium, down just 0.34 percent on little news over the week.  Gold traders and analysts remained bullish for a third week following North Korea’s test of an intercontinental ballistic missile, writes Bloomberg...

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