Gold and Silver remain in a correction but thus far the damage has been thin. Gold has initial support at $1980 followed by $1950 and $1900. Silver continues to hold above $24.50. The action over the next week or two can inform us if a bull flag is developing or if...
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.
May 2, 2023
May 1, 2023
While US regulators are racing to secure the sale of California bank First Republic, the US banking crisis continues and is far from being over. Gold, on the other hand, remains the currency of last resort and has no counterparty risk. It has been strongly rising...
A review of the history regarding Fed interest rate policy yields information that says “yes”. On June 30, 2004, the FOMC began to tighten policy by increasing the Fed Funds target rate to 1¼%. By June 2006, two years later, the target rate was at 6 1/4%. It...
Most investors are totally ignorant of the purpose of gold or its historical significance. After all, Gold is the only money that has survived in history but virtually nobody is aware of this vital information. That’s why only 0.5% of global financial assets are...
Like many of my subscribers, I have been waiting for the stock market to crash so that sanity might have a chance to recover its footing in the investment world. Permabears can always come up with good reasons to explain why a crash is imminent.
Jeffrey Tucker, a writer, publisher, and entrepreneur, returns to the show, and we talk about the effects of Jerome Powell's decision to raise interest rates on the current market chaos and the potential impact on gold and silver.
Mark discusses something bigger than the Disney layoffs: the Wall Street Journal's April 25 frontpage article on investing in gold. It would seem that the recent rise of the price of gold is the result of tired, dumb, and disillusioned crypto currency investors...
A look at gold leading up to the coming FOMC meeting.
April 30, 2023
We’ve completed the year’s first trading quadrimestre (a little French lingo there). And just as we saw at March’s month-end, so too through April is Gold again sporting the highest year-to-date percentage BEGOS Markets vertex as the “The Leader of the Pack”
Well, investors seem to be brushing aside headline risks in the banking system, the government's finances, and the economy. The stock market surged on Thursday despite entering the week on shaky footing amid fears of another major bank failure. Shares of First...
April 29, 2023
April had started with gold at $1,990, then gold moved as high as $2,063.40, and yesterday, it closed at $1,999. At the moment of writing these words, gold futures (because that’s what you see on the above chart) are trading at $1,993.
While the 2011 analog paints an optimistic portrait for gold, silver and mining stocks, a re-enactment of the last debacle is unlikely to unfold this time around. Back then, gold soared amid the debt ceiling chaos, while the USD Index was a major casualty. And while...
Today, Eric Strand, fund manager and founder of AuAg Funds, joins us to discuss the gold and silver market. He shares his insights into the market and predicts a 20% rise in gold prices, with a price target of $2,100.
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 buy signal. GDXJ is on short term sell signal.
April 28, 2023
Gold has carved an impressive upleg over this past half-year, powering dramatically higher. But in April that mostly stalled out, leaving the yellow metal drifting sideways. That high consolidation has frustrated plenty of traders, leaving them worried this upleg...
First Quarter GDP increased at only a 1.1% seasonally adjusted annual rate. That was down from 2.6% in Q4 of last year, which was down from 3.2% during Q3. Despite the clear slowdown in economic growth, there still exists a battle between Wall Street's soft-landing...
Here are today's videos and charts.
What if the world’s states were to come together and create a single world currency? From a purely economic point of view, there would be significant advantages if every nation didn’t operate with its own money but with the same currency. Not only for an individual...
In part 1 of this month's interview with Jim Willie of The Hat Trick Letter (published yesterday), Jim talked about the latest developments in the growing de-dollarization movement. And in the second part of the interview, he talks about how eastern and African...
April 27, 2023
Wave *c* of our very large wave .iv. bullish triangle ended at 1614.90 (XAU). From that low we continue to rally in wave *d*, which appears to be a simple 3 wave pattern, with all of wave ^a^ ending at the 1949.30 high.
In this all-encompassing conversation, Matterhorn Asset Management, AG partner, Matthew Piepenburg, meets with the Jay Martin Show to discuss the financial and political forces which daily strengthen the case and role for physical gold. Centralization of information...
The de-dollarization movement led by the BRICS nations is seemingly accelerating by the day, with new non-dollar trade arrangements being launched on a regular basis, while the list of countries wanting to join the BRICS also continues to increase.
April 26, 2023
Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." Kudlow laments that a toppling of the dollar from that perch "seems to be the direction we'...
Gregory Mannarino joins the show, and we discuss whether the Federal Reserve can keep raising rates without breaking the economy and how this will affect gold and silver prices.
April 25, 2023
One of the most common perspectives that I have seen in the market through my investing career is the old adage that is often repeated by Larry Kudlow: “Earnings are the mother’s milk of stock prices.”
The price of gold moved higher yesterday, but did it manage to rally back above $2,000? No! Despite USDX’s weakness, it didn’t. And this means that the odds for a bigger rally from here declined while the odds for a bigger decline increased.
Gold has moved sideways for the past month (with an upwards bias), but the first week of May could bring some very big news from the fear trade side of the pond:
Gold edged higher after ending last week with a steep loss on stronger-than-expected U.S. inflation data that boosted bets on more monetary tightening. The precious metal traded above $2,000 an ounce Monday, when data showed U.S. near-term inflation expectations...
Fiat currencies that are undergoing inflation eventually reach the point where the smallest unit of account becomes practically worthless – more trouble to handle and account for than it's worth. That is the current state of the cent.
In this video, Peter St Onge discusses the rapid de-dollarization that is currently taking place. He argues that the dollar has already suffered a "stunning collapse," with its share of global reserves falling from 73% in 2001 to just 47% in 2021.