As central bankers stubbornly refuse to admit they are done hiking interest rates, precious metals markets are wavering.
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.
November 12, 2023
Because central banks are the root of the modern money tree, they can use entries in their gold revaluation accounts to turn into capital, pay for expenses, or transfer it to their respective Treasuries. In addition, gold revaluation accounts can be used to cancel...
Sovereign debt is eating the world. Lining up a financial crash that could make 2008 look like a picnic. How did we get here?
The last time the Dow Jones closed in scoring position, was in mid-August. With this week’s BEV close of -6.84%, the Dow Jones isn’t far from closing in scoring position again. Will it do so again? To answer that question, I’m going to look at the Dow Jones BEV...
November 11, 2023
Our proprietary cycle indicator is UP. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.
November 10, 2023
In recent days, I've been getting strong recession vibes from markets. Whether it's the news sources I'm monitoring or a surge in negative reports, it appears that we are approaching a critical juncture in the economy.
The big US stocks dominating markets and investors’ portfolios are booming. They just finished reporting great Q3 results, with sales and profits generally surging. But serious challenges loom, led by slowing consumer spending and soaring interest rates. The...
Despite material struggles across other areas of the commodities market, the yellow metal remains relatively elevated.
Here are today's videos and charts.
Chris sits down with Craig Hemke of Sprott Money to talk about where the markets may be going next.
In 2000 a great stock bubble rolled over, the US dollar was soon to roll over into a bear market, commodities remained in a bear market for another year, and one unique sector rose, improbably enough to the majority. Gold and gold stocks bottomed, exited a long bear...
While the price of gold has come in this week, it has rallied slightly on Thursday morning trading, and still remains within shouting distance of the $2,000 mark. And one reason that the price has performed as strongly as it has, is that in addition to a strong...
So far this year, companies have planned 604,514 job cuts, a 198% increase from the 209,495 cuts announced through September 2022. It is the highest January-September total since 2020 when 2,082,262 cuts were recorded. Apart from that COVID year it is the highest...
November 9, 2023
The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system.
Both gold and silver sold off sharply in October following Jerome Powell's commentary at the Fed's September policy meeting, but have rebounded in the past few weeks amidst geopolitical and treasury supply concerns.
Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to discuss the outlook for gold and silver stocks, by sharing potential lower levels for GDX and GDXJ. We dive into how he is viewing smaller scale production companies, development companies and junior...
November 8, 2023
As the concern with geopolitics peaked, so did gold price. Silver and mining follow. Are you prepared for the likely outcome?
Let us hear no ghost stories about Banksters attacking gold or as Larry would say inflicting a “take down” on poor old gold, as if it’s planned, personal and a war of good vs. evil. Well it is, but “evil” is a moving target and sometimes wolves hide in sheep’s...
We're about six weeks into fiscal year 2024, but if this year looks anything like last year, we can assume the federal government will continue to pile up debt at astonishing rates.
Colonel E.C. Harwood, who founded the American Institute for Economic Research ninety years ago in 1933, adamantly opposed the first and second Bretton Woods systems because he believed that governments needed to face the hard budget constraint inherent in the...
Brent Johnson of Santiago Capital and the Milkshake Theory joins us to provide his latest thoughts on Gold, the US Dollar, and the factors driving current trends.
November 7, 2023
With war, debt, the dollar, and rates all in play as key drivers for gold, what’s next for the price?
The best performing precious metal for last week was platinum, up 4.90%, but lacked headline news around the price movement. Gold futures put in their fourth weekly gain, although without the lower payrolls number reported last Friday, it was heading for a loss.
All I have heard over the last year is that we are about to head into a recession – an economic construct suggesting a negative market environment. And, this has kept many quite bearish of the stock market, with most looking at the rally from 3500 to 4600SPX as the...
November 6, 2023
You saw how miners soared on Friday – everyone did. But do you know why it happened? This time, it’s actually quite clear…
A change of tone and tempo this week from our good friend Richard Charles, owner of Lake Tahoe-based Alpine Capital. His observations concerning gold’s historical role during periods of intense global strife should remind us that bullion’s sometimes crazy price...
Much of the M&A focus in 2022 was on Canada. In Q3 alone, there were a total of $562.8 million worth, including Kinross Gold acquiring Great Bear Resources for $1.44 billion. Agnico-Eagle and Kirkland Lake Gold completed a $10B merger to become the third-largest...
Gold failed to make a new monthly all-time high for October and is struggling around resistance at $2000. Its showing distribution. However, the gold stocks are showing bullish head and shoulder bottoms (especially GDX).
Below, we consider just how far America has fallen from its founding vision (and something we can do about it).
November 5, 2023
From our purview, Gold appears on the perch of a downside lurch: a classic post-geopolitical pullback. “Unless like you’ve said that maybe ‘it is different this time’, right mmb?”