Inflation just got another jolt, rising as much as 2.5 percent year-over-year in January, the highest such rate since March 2012. Led by higher gasoline, rent and health care costs, consumer prices have now advanced for the sixth straight month. In addition, January...
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.
February 21, 2017
I have recently written a few articles discussing my directional perspective on the S&P500. In fact, my long-term target has been 2537-2611SPX for years now. Moreover, before we entered 2016, I noted that I was looking for a rally to 2300SPX in 2016, but with...
Consumers of financial news will hear the word “risk” thrown around a lot. We hear of “risk-off” moves and “risk-on” days. Although used amply, it’s rarely—if ever—quantified. As understanding risk is crucial to making informed investment decisions, how can it be...
When the Federal Reserve raised interest rates in December—and then laid out a plan to do so three more times in 2017—theory suggested gold should fall. As gold is a non-yielding asset, the cost of holding it increases as rates rise. However, theory doesn’t always...
In December, we argued gold’s post-election decline didn’t reflect its fundamentals and that now could be a good time to add some to your portfolio. It just so happened that shortly after, the price began rising.
Hardly a day goes by now without more good news for gold investors appearing, and the pace of this news flow is accelerating.
The prices of the metals mostly moved sideways last week. There was a rise on Thursday, but it corrected back to basically unchanged on Friday. This will again be a brief Report, as yesterday was a holiday in the US.
Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion.
February 20, 2017
“Don’t fight the trend” is a cardinal rule of technical analysis! When SPX reached its 2300 projection, it was expected to pull back, helped by divergences which were showing in various time frames and by topping intermediate cycles already in right translation. ...
Our HUI Mining Stock Index Key trend-finder indicators remain on a Buy signal this weekend. However, the HUI 30-day Stochastic shown in the chart below is very close to triggering a new Sell Signal, as the Fast has dropped almost 20 points below the Slow measure...
Ironically, given all the talk of homeland security, the travel ban, and putting walls up - down Mexico way - the biggest threat the United States has faced for years will probably be triggered at a meeting, in the heart of Washington DC, scheduled to take place...
Alan Greenspan, the former head of the Federal Reserve has warned that the euro may collapse, saying that he has "grave concerns" about its future.
February 19, 2017
When the history of these times is written, former Fed Chair Alan Greenspan will be one of the major villains, but also one of the greatest mysteries. This is so because he has, in effect, been three different people.
Whereas a few years ago countries repatriating their gold seemed to be ‘the hype of the month’, once the dust started to settle, we didn’t hear much about gold repatriations anymore.
Last week speculative gold longs and shorts both cut positions. Despite that gold remained steady for the week around $1230 per ounce. In Asia physical gold demand remains subdued with Indian premiums flipping to a discount for the week.
Having a week ago penned "Gold Reaches Resistance - Now What?", 'tis apt we now pen "Gold Getting Repelled by Resistance - That's What!" for 'twas the case over these past five trading days. Price made both a lower weekly high and a lower weekly low vis-à-vis those...
Since November 10th the stock market has become an amazing machine relentlessly advancing ever upward. In the past sixty eight NYSE trading sessions the Dow Jones has closed at a new all-time high in twenty six of them. That’s 38% of the trading days of the past...
February 18, 2017
The Congressional Budget Office (CBO) keeps two sets of books. There is the official book which is presented to the public and the other book, the one on debt which is never released. Included in the debt book, are Social Security, Medicare and Medicaid. Washington...
Short-term it’s looking like a top. The start of a decelerating FAN pattern suggests a deceasing strength in the latest action. My short-term momentum indicator is also suggesting a decreasing momentum in the price movement. Stay with the trend…but it’s getting...
It is my great privilege to be joined now by James Rickards. Mr. Rickards is editor of Strategic Intelligence, a monthly newsletter, and Director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He's also the...
We have recently had some significant news about the sovereign gold market that makes the lack of clarity even more unclear. Central banks and the BIS in Basel go to great length to tell the world absolutely nothing about their gold dealings.
Another great week for stocks. It’s long weekend time with markets closed Monday and the trend higher nicely intact. The metals are looking better and better and moving higher very well.
Gold sector is on a major buy signal and short term is on buy signal. Cycle is up. Silver is on a long term buy signal. Short term is on buy signal. Silver is more volatile than gold, manage your risk.
February 17, 2017
Reflation is coming. We argue that the recent comeback of inflation is negative for the gold market. Why should that be so? Should not inflation support gold, which is considered the inflation hedge? It is true that gold may shine during inflationary times, but a...
One has to be amazed at the strength of the US stock markets as they climb relentlessly to new highs on a wave of easy money, stock buy backs and short covering and all despite a lack of major retail participation. The market continues to ignore growing danger signs...
Here are today's videos and charts.
The gold miners’ stocks have blasted higher in this young new year, far outpacing the broader markets. But surprisingly gold stocks’ trading volume has diverged from their powerful rally. Volume has actually been waning on balance since gold stocks’ newest upleg ...
Unless you visit the Notes From the Rabbit Hole website regularly, you might think the title of this article implies it is written by a market analyst pretending to know what will happen; like a top in the stock market or a resumed bull cycle in gold. You might...
World Gold Council data released earlier this month reveal a paradox. Demand hit 4,389 tons during 2016, but mines produced only 3,236 tons. Yet despite differing supply demand fundamentals, gold prices rose by only 9%. A supply squeeze that size, should have...
The Governor of the Central bank of Kyrgyzstan has told Bloomberg News in an interview that it is his “dream” for every citizen in his country to own at least 100 grams (3.5 ounces) of gold as a way to protect their savings.