The XAU/USD pair (Gold vs. the American dollar) fell two days in a row as some investors continued to cover their long positions after the latest reports released from the Unite States fuelled expectations that the Federal Reserve will continue trimming monetary...
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.
January 16, 2014
There remains a debate over whether gold and silver prices are ‘manipulated’, although perhaps the debate should actually be are the prices manipulated by central banks, governments and the major investment banks in an attempt to control (suppress) prices.
2014 the year of truth! A US dollar crisis, interest rates spiking and worldwide debt growing out of control and gold and silver through the roof! (Part 2)
There are several cardinal reasons why gold will be continually buoyed upward in the future.
2014 the year of truth! A US dollar crisis, interest rates spiking and worldwide debt growing out of control and gold and silver through the roof! (Part 1)
January 15, 2014
The S&P500 has been in Major wave Elliott Wave 3 up of Primary wave 3 from 1267 by our best projected counts. Our technical analysis of stock trends predicted back in early September a large rally up in the S&P500 to 1822-1829, which we managed to see hit...
Back in late 2004 during the first year of the Hat Trick Letter, my father had a conversation with me on his front porch. He was concerned about a negative streak in my perspective and a critical slant in my analytic work. He actually helped me in writing style, not...
Fractional reserve banking and central banking began their reign of destruction upon our financial world a few centuries ago. Politician’s greed and need for control over people have been ever present. Their mutual interests created an unholy union from which were...
Despite the painful decline in gold and gold shares that persisted throughout the entire year, we believe that the fundamental case for both remains strong. It seems to us that the correction has left the entire sector sold out and friendless. As contrarians, our...
If gold miners got destroyed in 2013, junior gold miners got taken to the woodshed, obliterated, then eviscerated. You really can’t find a more beaten up sector over the past 3 years. You can’t find a sector that is more hated, where more pessimism and fear reign...
January 14, 2014
WHEN the stock market comes crashing down like it did in 1929, the DOW could feasibly go from 16,150 to 1,700 a 90% drop! The U.S. GDP would also plummet by $1 trillion in economic value today.
Goldilocks is the term used by Wall Street to describe a nearly perfect environment for stock values to rise. The term is being used again today, just as it was mistakenly uttered in the middle of the housing bubble, to express the belief held by most investors that...
In 1973, as heavyweight boxing champion Joe Frazier was knocked to the canvass by George Foreman, Howard Cosell uttered the now-famous words, “Down goes Frazier!”
The USA thrived during a 20th century rife with war, famine and depression. This was a wealthy country however, founded on principles of self-reliance and valuing thrift, saving and honest work for an honest return. Add in unparalleled productivity and...
January 13, 2014
According to a famous trader of the past, W. D. Gann: “Time is more important (in markets), than price; when time is up, price will reverse.” It has now been 29 months since gold last reached a new high in its current bull market cycle. The downtrend lasted 22...
Currently the mining shares are still selling at near record discounted values with the gold price in the $1220 range. At this point, even a sideways gold price could support a major rally in the gold mining shares.
Today’s Technically Precious missive is just a brief note to suggest that we may be close to a new bull move in gold stocks, primarily the speculative kind. Nothing is yet set in stone but the initial indications are there.
One question that has not been asked sufficiently is, “How can China buy well over 2,000 tonnes of gold without sending the gold price rocketing?”
To state the obvious, gold and the Australian gold stocks had a terrible year in 2013. The long term trend is still up however this large correction still has to reverse before we can confirm this or look to capitalize on it once again. Gold is not something to...
January 12, 2014
2013 was one of the worst years for gold in a generation and the strangest part of it is that this loss came during a time in what should have been a banner year for gold.
Somehow, like it or not, the world turns. Today’s hegemon becomes tomorrow’s also-ran. Today’s reserve currency becomes tomorrow’s wallpaper. Today’s cock o’ the walk becomes tomorrow’s dinner.
The NYSE Advance/Decline Line is an early indicator that a major top is approaching in stocks. The Labor Department reported the December Employment and New Jobs Report Friday, January 10th, which proved uninspiring for the stock market. They reported that only 74,...
January 11, 2014
What an amazing week. Biotech companies are starting to light up like some tech stocks in the late 90’s but they are still so cheap here, and moving huge! Who knows what the future will bring but when stocks move, my job is to identify them and understand their...
Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 12/27. COT data is favorable for a bear market rally.
Here is some very cogent rationale for owning gold and silver. None pertain to the ever-ending reasons that demonstrate great demand. Everyone has been hearing about them in a steady stream for the past year, and the impact on the market has been nil. Often in...
Those of you who have known me any length of time know that I love to say ‘they always tell you what they’re going to do’. I had a really scintillating discussion yesterday with two fellow economists as to why that might be and we’ll shelve that for now, but let’s...
January 10, 2014
Tonight I would like to show you some charts from the bull and bear side of the equation for gold. This is called an inflection point where the precious metals complex can move either way and establish some sort of short to intermediate term move. A lot of these...
Chart Analysis On Gold, Silver And Metals’ Sector Ratio via videos.
In our previous article on gold, we examined the situation in the U.S. dollar and the euro as many times in the past they gave us important clues about future precious metals’ moves. At that time we wrote in the summary: (…) gold's lack of will to really (!) react...
If you’ve been wondering if the Fed will ever destroy the trillions of dollars it has printed since 2008, wonder no more… Since 2007, the U.S. monetary base has soared from $800 billion to $3.7 trillion. Such unprecedented inflation is the product of round after...