Economists, investment analysts, and politicians have spent much of 2014 bemoaning the terrible economic effects of the winter of 2014. The cold and snow have been continuously blamed for the lackluster job market, disappointing retail sales, tepid business...
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 7, 2014
Chart Analysis Gold Cost, Silver Slow Stokes, GDX & GDXJ Chart Analysis via videos.
June 6, 2014
The precious metals plunged last week, knifing through key support zones to unleash an explosion of bearish sentiment. This troubling heavy selling wasn’t news-driven, it emerged out of the blue. Who was dumping gold and why? Later data confirmed it was American...
The Russians came up with an extraordinary statement recently, central to why Russia and China are buying gold, the importance of which was missed by the media. President Putin said that "Russia and China need to secure their gold and foreign reserves." He may have...
"...Even though the property was originally stolen, that if the victim or his heirs cannot be found, and if the current possessor was not the actual criminal who stole the property, then title to that property belongs properly, justly, and ethically to its current...
With gold prices down over $130 from its most recent high in March 2014 and only a little over $60 above the lows of June and December 2013 one has to wonder if there is another major bear drop to come. Gold remains down over $600 from its all-time (nominal) high of...
Barry Ritholtz is out with another article spelling more doom for the precious metals sector and the gold bugs.
June 5, 2014
In one of the most stunning political developments in recent decades, the group of political parties that are being collectively called "Euroskeptics" won more votes than any other individual party in several major European nations in the May elections for the EU...
India has for years held the title of world’s largest gold consumer. However, this year it has had its crown snatched by China. In February, the Wall Street Journal reported that “Chinese demand for gold bars, coins and jewelry soared by 32% to record levels in 2013...
Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year. The longest strike in South African history paired with surging Asian demand is set to push the metal back into a physical deficit in 2014 - and...
Never in my 30+ year career as a market observer have I seen so many out on a limb which is about to be SAWED OFF. Those who live within the matrix are fully loaded for a recovery which is not and will not appear. Nominally the Main stream media can proclaim...
June 4, 2014
“It’s not timing the market but time in the market”. Yep, we’ve all heard this refrain from market commentators on TV disguised as experts. Some go even further saying it’s impossible to time the market. Well, what a load of codswallop! Anyone that says this to you...
June 3, 2014
Liquidity flows into or out of the “love trade” (gold jewellery) and the “fear trade” (inflation and financial system risk), are the two main drivers of the price of gold. The strongest gold jewellery buyers are in India, and the election of Narendra Modi has...
Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once.
The recent tight trading range in gold was broken last week to the downside as prices of the yellow metal fell by almost 3% to a 16 week low. The price of spot gold was weighed down by speculative selling on Comex as stop-loss orders were triggered, and there was...
June 2, 2014
About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a pattern to this movement? Let's apply some simple regression analysis (see footnote below) to the question.
The following is one of a wide range of analytical topics covered in NFTRH 293′s 35 pages this week, much of which is straight ahead technical analysis. But the T-Bond market is usually central to an overall macro view at any given time. This segment is not meant...
In this Weekend Report I would like to compare gold to some of the more important markets to get a feel for the bigger picture that seems to be shaping up or gold. During gold’s bull market years it generally was stronger than most areas of the markets but since the...
In light of the recent developments in the Gold market, I wanted to post an article on the current cyclic configuration - and what we can expect in the very near future. Since my prior article back in December of last year, we have seen the expected larger...
Four Ominous Signs For Stocks....plus the US T-Bonds/Dow Ratio accurately called the BEAR MARKETS of 2000-2002 & 2007-2008. Here are the irrefutable ominous signals heralding a forthcoming bear market in stocks:
June 1, 2014
Barron’s has published U.S. electrical power consumption (EP) since their 05 Aug 1929 issue, just weeks before the stock market crash of October 1929. Regrettably this means EP’s 52Wk moving average, a vital series in my work, doesn’t begin until August 1930;...
In recent months I’ve heard a lot of chatter about how interest rates are now on the up. Heads are nodded in approval with comments along the lines of rates couldn’t really go any lower. Well count me out of that love-fest. After looking at the yearly chart of 30-...
May 31, 2014
Good news and bad news this week. The good news is stocks continue to work as markets are acting well. We are going to have buy after buy rolling though for the summer and that is great news. If you’ve been reading my work you know that we’ve been waiting in cash...
Animal Farm and 1984, meet 2014. The Western world no longer makes any sense, and common sense has been sidelined for decades. It is lies, deceit, and debt ruling supreme. The “American Way” [which once was a standard for emulation] is now a source of embarrassment...
Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27. COT data is not supportive for higher prices overall.
May 30, 2014
Though precious metals are rallying on the day we pen this, we expect more downside before a final bottom or at least before we’ll exit hedges and begin buying. Since the hard reversal in March we’ve had the view that precious metals would decline and the miners...
Chart Analysis Dow vs Gold, Silver, Dow Volatility & Gold Stock Volume Analysis via videos.
Mexico has been a popular destination for mining companies seeking out their fortunes amidst gold’s secular bull market. And considering the huge lack of modern exploration across its rich precious-metals belts, some of the first movers like Alamos Gold have found...
Last week the UK's Financial Conduct Authority fined Barclays for rigging the gold price at a gold fix for the disadvantage of a customer and the benefit of the bank's book. This news could not come at a worse time for the London Bullion Market and the London Gold...
Precious metals headlines have spiced up in recent weeks as continuing evidence of the reverberations of The End Of The Monetary System As We Know It (TEOTMSAWKI). The closing of the London Silver Fix, gold manipulation lawsuits in New York, Austria wanting to audit...