In tonight’s report I would like to take a good hard unbiased look at some of the big cap precious metals stocks that have been in rally mode since the first of June. This rally has been pretty impressive so far but is it the real thing? Last night I showed you some...
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 26, 2014
Crime is far more common than logic. This is the refuge of bankers. In capitalism’s end game, leveraged debt fatally destabilizes the supply and demand dynamic necessary for stable economic activity. Understanding this is critical to understanding why capitalism...
June 25, 2014
As an investor and a speculator I am mostly interested in Cyclical Markets (Cyclical Bull or Bear Markets). On average Cyclical Bull Markets last between 4 and 5 years and Cyclical Bear Markets last between 2 and 3 years. Cyclical Markets occur within Secular...
June 24, 2014
Global fundamentals for gold are bullish. Let’s do a quick review of the facts. Narendra Modi has been elected to build gold-obsessed India into the world’s largest economy.
Best time of the year starts in July and should typically last until next spring. After 3 years with heavy corrections in autumn I think this year we could see a sustainable rally into December.
A large increase in the money supply will always lead to large increases in prices somewhere in the economy. However, monetary inflation affects different prices in different ways at different times, so the pertinent question is: which prices? The answer to this...
It is an immediate truth that timing is everything. And an almost immutable truth that no one gets it right. In 2008, the US economy and financial system was brought to a precipice because of too much debt. Reality quickly set in and today a similar adjustment lies...
June 23, 2014
Considering that Gold has risen $80 off its low and the precious metals Miners have screamed higher, it's surprising how little bullish cheering we've heard. My discussion forum, Bull & Bear Talk, is very sensitive to Gold, but has barely seen an uptick in...
The chatter last week was gold. The precious metal flew up $45 an ounce on Thursday, surprising investors, the media and markets alike.
Here is a comparative graph showing London PM Gold Stocks vs London Gold PM originally presented a year ago. It appears that gold has either scraped the bottom and is making its move up or one more bottom may be logged in the near future. I suspect that we may...
The real price of gold, as adjusted by commodities is making some nice baby steps toward rebounding. Here is a picture of the gold ETF vs. certain key commodity ETF’s and markets, that show the progress of what would be the most desirable condition (a rising real...
The American financial establishment has an incredible ability to celebrate the inconsequential while ignoring the vital. Last week, while the Wall Street Journal pondered how the Fed may set interest rates three to four years in the future (an exercise that David...
The Fed wants investors to be as unconcerned as the central bank is about inflation. Even though year over year consumer price inflation is above its target, the Fed chose in its latest press conference to claim the 2.1 percent YOY increase in prices paid merely...
What a difference two weeks can make in the precious metals markets. Going from a confirmed downtrend to an uptrend, at least on the short term basis, was rather swift and didn’t leave much time for one to reverse direction to get back in sync with the new uptrend....
We predict a Bear Market in US Bonds is brewing on the horizon. Our analysis will encompass many compelling factors forcing most rational inves
It took another week for the top formation to ripen and, if my indicators can be trusted, it now looks ready to pick! Besides negative divergences in all the daily and hourly oscillators, a P&F projection has been reached, and the sentiment indicators are also...
Here are a some previously unpublished dust-jacket notes written over the past few months — observations and reflections, some a little lengthy some short and sweet, strictly for the advanced gold owner.
June 22, 2014
With the gold fever that took place on Thursday I thought I’d post my two cents worth as to what it all means, or doesn’t mean. I was initially going to do my normal long, intermediate and short term technical summary of the gold action but after looking and...
Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 6/20. A tradable bottom is in progress.
A bit of a strange week for markets and many stocks as they looked strong and should have moved but they didn’t do much in the end. Maybe it had something to do with the quad witching Friday.
Mendacity, like Janet Yellen’s “growing economy”, is a system of lies. With “economic growth” managed by politicians, economists and bankers how else could it be? These self-described “policy makers” are comfortable dealing with half-truths and deception....
They say the third time's a charm - and if the narrowed range that has confined silver over the past two years is any indication, those participants patient enough should be rewarded handsomely for their extended stay on the long side of the field. Going into this...
June 21, 2014
When the US Federal Reserve bought an 80% stake in American International Group (AIG) in September 2008, the unprecedented $85 billion outlay was justified as necessary to bail out the world’s largest insurance company. Today, however, central banks are on a global...
In a break from a thematic undertone to link to gold and silver, here are some ramblings that are more underpinnings to the core problems that have left people unfocused and dealing with symptoms, no matter how they may seemingly appear to be core issues.
June 20, 2014
There has always be manipulation, from the smallest levels (individual professional traders) to large size (Inv.Banks & Hedge Funds) and finally the government/central bank. The point I do not agree with is that they can “ultimately” control any market, even...
With both gold and silver putting in big moves higher the past week, I thought it would be timely to investigate both charts and see if anything can be gleaned from them. I have used the weekly charts of both commodities to do this. Let’s begin with the gold chart...
Chart Analysis Gold Breakout, Silver $26 Target, GDX Pause & GDXJ Bull Flag Charts Analysis via videos.
Gold stocks have surged dramatically in recent weeks, defying the odds to catch a serious bid. Extreme bearishness still plagues this sector, which is certainly the most despised in all the stock markets. So why are investors returning? The universally-hated gold...
Half of 2014 is nearly behind us, and little is turning out as popularly expected. That is unless one was watching development of the past year with an unbiased view. As can be observed in the following chart, the GDX, a Gold stock ETF, has been a stellar performer...
Gold and silver both climbed above key resistance levels today at $1,290 and $20, respectively. Gold shot up $40 or 3.2% and silver was up $0.96 or 4.8% today alone. Most of the stocks in the GSB model portfolio were up 6% or more, while our latest portfolio...