As mentioned in my prior articles, Gold was in the range where a key peak was expected to form, and with that was due for a sharp correction, first with a tracked 72-day wave, but ideally also with a larger 310-day component. Having said that, a sharp, short-term...
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.
November 25, 2024
Gold broke out from a 13-year cup and handle pattern earlier this year to a new all-time high and advanced to $2800/oz. Silver broke out from 4-year resistance and recently reached an 11-year high, touching $35/oz.
These last few weeks have been quite interesting and have brought out some intriguing comments from the investor and analyst community alike. Yet, the underlying theme, as seen by this market observer, is that investors and analysts truly believe that they are being...
Former Trump economic advisor Judy Shelton has talked a lot about bringing gold back into the monetary system in the US.
November 24, 2024
Let’s begin with Gold, courtesy of the “We Love It When We’re Wrong Dept.” given price having just recorded its best week (by net points gained) in nearly 45 years!
As anticipation of a crypto-friendly Trump administration lights a fire under Bitcoin, the gold market is bouncing back strongly.
The Dow Jones this week closed at its 51st BEV Zero (New All-Time High = 0.0% in a BEV Chart), since it entered scoring position a year ago, in early November 2023. The first of these BEV Zeros was at 37,090 on 13 December 2023.
November 23, 2024
Gold sector cycle is down. Trend is up for USD and down for gold & gold stocks. Looking for a new set up to trade the short side
The Federal Reserve believes inflation is no longer a concern for consumers and the time has come to ensure the rate of change of prices does not decline any further. To this point, Susan Collins, the Boston Federal Reserve President, said recently that if you take...
November 22, 2024
The mid-tier and junior gold miners in this sector’s sweet spot for upside potential just finished reporting a spectacular record quarter! All-time-high gold prices combined with relatively-contained costs catapulted unit earnings to another epic record. Those...
Gold reached its peak in October and is now undergoing an intermediate decline, which could see prices drop toward $2,450 in December. The recent rebound in gold was anticipated, but it may be nearing its end. Prices are approaching key resistance levels between $2,...
Here are today's videos and charts.
Could the Artificial Intelligence (AI) revolution boost gold demand? According to a report by the World Gold Council, the answer is yes. Gold's excellent conductivity and its malleability make it an important component in the manufacture of electronic devices. Gold...
Last summer I gave a talk on dedollarization, and as customarily occurs a question and answer session followed. Most of the queries and comments focused on the outlook for the dollar, prospects for gold and Bitcoin, and the comparative advantages of the growing...
This week on our show, we had the pleasure of hosting Mowry “Mo” Young, financial advisor extraordinaire and master of making money work for life. With over 27 years of experience, managing nearly half a billion dollars in assets, and a client retention rate that...
In this week’s Money Metals Midweek Memo, host Mike Maharrey examines the post-election economic landscape following Donald Trump’s victory. He discusses how the financial markets have responded, the persistence of inflation, and the challenges of monetary policy....
We're starting to get more clarity around Donald Trump's cabinet picks and plans, as we rapidly near the point where his administration will begin implementing policies that will have an impact.
November 21, 2024
Jared Dillian, author of multiple books and publisher of The Daily Dirtnap, remains long-term bullish on Gold and believes we will have to monetize the debt during the Trump administration, which won’t be bullish for the stock market.
Now that the re-ignition of inflation is becoming somewhat more common talk around town, as anticipated here, let’s take a brief look at what Trump’s tariffs are likely to do to inflation down the road.
November 20, 2024
That’s an interesting situation. Gold us up, but silver and miners are down. What gives?
Gold bugs were rattled by the drop of more than $200 over the past two weeks, but this week's big rally has clawed much of that back in one fell swoop.
The data is out for the period covering the post-election selloff in gold and silver, and sure enough, the banks did a lot of short-covering.
Goldman Sachs just published a new report on Sunday afternoon, where they explained why they are recommending to their clients to buy gold and oil.
The United Arab Emirates is poised to usher in an “Asian Century” for gold to challenge dollar dominance, according to a report published by the Dubai Multi Commodities Centre (DMCC).
November 19, 2024
Gold against the 60/40 Portfolio shows how precious metals are performing against stocks and reflects capital flows. Money is moving out of Bonds and into Stocks first and Gold as a close second.
The allure of gold is timeless, and the goal of every investor should of course be… to eagerly get more of it.
The best performing precious metal for the week was silver, but still down 3.56%. According to JPMorgan, Harmony published its first quarter 2025 operating update: 422,000 ounces of production is a beat and AISC is a beat (R1,026,137/kg).
Indian gold demand held up during the Diwali season despite surging prices, as festival buying was boosted by strong investment demand. Diwali is the Hindu festival of lights. It is considered an auspicious time to buy gold, and many Indian couples choose to get...
At one of his campaign rallies Donald Trump asked: “Are you better off now than four years ago?” The thunderous “no!” from his audience implying that life under the former president would become more affordable than under Biden.
Gold and silver futures speculators began selling contracts in anticipation of a Trump victory. Thus far, the selling continues after his win. The markets may have simply been overbought after big moves higher in October. However, the impact of the election cannot...