The 15th BRICS Summit ended on August 24th, as expected, with new member states. The core members (Brazil, Russia, India, China, and South Africa) were joined by Saudi Arabia, United Arab Emirates, Iran, Egypt, Ethiopia, and Argentina. While there are many...
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.
August 29, 2023
The Anti-Concept of Purchasing Power leads us to the Anti-Concept of Inflation. That pseudo-equation already smuggles that any increase in the quantity of money causes prices to rise, regardless of the cause and circumstances of the increase, and regardless of the...
Making an investment in physical gold and silver is easy. Insuring these new valuables stored at home is more difficult. It may be outright impossible in larger amounts.
Professional daredevils have all kinds of reasons for performing insane stunts. Maybe they just like the thrill of danger, maybe they feel like they have something to prove to the world, or maybe they just want to prove something to themselves.
The American consumer is struggling as credit card debt explodes, pandemic savings run out, and salary growth cools. With retail numbers plummeting, Americans are piling up debt and depleting savings as incomes lag behind inflation. Mortgage delinquencies are...
August 28, 2023
Subtle, yet important. That’s what the changes in the precious metals were like on Friday. The breakdowns in gold and mining stocks were verified, just like they were supposed to, and we made money on this rebound through the quick long position (10th profitable -...
You will want to get yourself some gold and silver because not one paper currency has ever survived and this shit storm is just getting started.
The closing price for spot gold in New York today is $1915. Forty-three years ago, in May 1980, gold was priced at $515. Being somewhat generous, and since gold has been higher (above $2000) recently, we might say that the gold price has quadrupled over those forty-...
An important change has unfolded in the global gold market. The East has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the West’s long standing pricing power.
Leaders of the Western democracies are unprepared to deal with the forces that will end the fiat dollar’s dominance as the preferred medium of international trade settlement, in place since the end of the Bretton Woods Agreement in 1971.
Just as a standard financial insurance policy is meant to only pay out when bad things happen, gold will only pay out when bad financial things happen. Sure, it’s assigned price can rise with other asset markets, but it’s price related to risk assets will under-...
This 25 minute video with Matthew Piepenburg and myself is probably one of the most important discussions that we have had. For years we have both warned investors about the consequences of a system based on unlimited money printing, debt creation and money...
A handful of tech moguls already control the global flow of information, but their influence over our lives will only expand and deepen if Congress doesn’t do something soon to pry their greedy hands from the ultimate fruits of AI development.
Willem Middelkoop, the author of The Big Reset and founder of Commodity Discovery Fund, returns to the show, and we discuss the intriguing dynamics of the global markets, the challenges posed by inflation, and the potential shifts in the financial landscape. We also...
August 27, 2023
This past week wherein Gold finally garnered a wee bit of grip, ’twas Sweet Sister Silver who showed how to rip! Whereas Gold settled yesterday (Friday) at 1943 for a +1.3% weekly gain, Silver settled at 24.285 for a reigning +6.8% weekly gain. Let us thus duly...
Precious metals markets are rebounding this week as central bankers from around the world gather at Jackson Hole.
Considering everything, seeing the Dow Jones close the week at a BEV of -6.67%, while not in scoring position, it didn’t close below its BEV -10% line either, so that was pretty good. After fifteen months of the idiots “draining liquidity” from the financial system...
August 26, 2023
Our proprietary cycle indicator is DOWN. Gold sector cycle is down. Trend is now up for USD and down for gold and gold stocks. COT data favors lower gold prices overall.
Junior mining stocks have been very strong recently, also relative to senior miners. What does it mean? It means it’s story time.
The Fed's minutes for their latest meeting held in July showed the committee's interest in raising interest rates further due to upside risks to inflation that is already well above their target level.
August 25, 2023
The mid-tier and junior gold miners just finished reporting their latest quarterly results last week. These fundamentally-superior smaller producers are in the sweet spot for upside potential in major gold uplegs. And indeed their Q2’23 operational and financial...
Here are today's videos and charts.
The much anticipated 15th BRICS (Brazil, Russia, India, China, South Africa) Summit has begun in Johannesburg, South Africa. As expected, a central topic is challenging the global dominance of the dollar in international business and trade.
In this brief yet engaging conversation at the recent Rick Rule Symposium in Florida with Charlotte Mcloed of Investing News Network, Matterhorn Asset Management partner, Matthew Piepenburg, calmly separates harsh realities from BRICS hype with regard to the de-...
Adrian Day, the founder of Adrian Day Asset Management, returns to the show as we discuss the current state of the markets. In this insightful conversation, we delve into the ongoing banking and financial crisis, the challenges of monetary policy, and the potential...
After a selloff that began in mid-July that took silver down to $22.50 and gold below $1900, the precious metals have rallied over the past week. With silver now $1.75 higher while gold is up over $30.
August 24, 2023
A study of history shows how all the asset classes can be related at secular turning points. In the mid 1960s, the secular bull in Bonds ended first and then followed by Stocks. Then Gold made its huge move.
August 23, 2023
In this extensive discussion with the Jay Martin Show, Matterhorn Asset Management’s founding partner, Egon von Greyerz, addresses the catastrophic consequences of the current (and historical) debt cycle.
Gold is now 12 years through its cup and handle pattern and consolidation since the 2011 peak. 2024 will mark the 13th year.
August 22, 2023
What a difference a day can make! Everything was just SO bearish, and now… Well, some things changed. They changed quite profitably, as we just took profits off the table with GDXJ at $33.26. And right now, it seems that long positions might actually be justified...