Gold has sure had a wild ride in the several weeks since the US elections! It first plunged then surged after Trump’s decisive victory, which surprised legions of traders. Gold’s earlier big down days helped fuel fears another Trump administration is bearish for...
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 29, 2024
Why did the United States abandon the gold standard? In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab cites the international gold shortage during the Great Depression. “Countries around the world basically ran out of supply...
Here are today's videos and charts.
As Eastern and Southern Central Banks substantially increase their gold holdings, Western Central Banks will most probably have little physical gold in their coffers. Total global gold reserves allegedly held by central banks (37,000 tonnes) are valued at $3.1...
Globalization is a polarizing issue. Some see it as America’s strength, drawing on the country’s history of free trade. US living standards have risen, and the United States has been economically dominant for decades.
After 18 months of consecutive additions to China's gold holdings, they have now gone several months without reporting any additional purchases.
November 28, 2024
The trends in Debt to GDP, Net Interest on the Debt and the budget deficit necessitate yield curve control and debt monetization in the next few years. This is the major game changing catalyst for Gold.
November 27, 2024
Today we finally see it – the USDX moved lower at last. USD’s breather here is nothing surprising, and it’s not bearish either. It’s simply normal for a market to correct after launching a rally as strong as what we saw in October and November.
Have you heard the news? America is going to be great again! The people have spoken and the man with the simple but catchy buzz phrase is back in office.
The People’s Bank of China (PBoC) is covertly buying very large amounts of gold, adding upward pressure to a tense gold market.
There's been a lot of talk about "de-dollarization," with many countries trying to minimize their exposure to the U.S. dollar. But is the dollar really in trouble?
History shows Gold is the most uncorrelated asset, even more so than Bonds. Meanwhile, Bitcoin is the most correlated asset of all time, despite proclamations to the contrary.
November 26, 2024
Not all ways of profiting of declining mining stocks are made equal – let’s explore that. It’s quiet on the market today… That’s normal – periods of high volatility are often followed by relatively stable periods during which markets prepare for another move. In our...
The financial markets action has been quite volatile since the election of “wild man” Trump and his team… and it could get wilder if tomorrow’s PCE inflation report shocks the market.
According to the Austrian Business Cycle Theory (ABCT), the artificial increase in the money supply via central bank expansionary monetary policy lowers the market interest rate. This, in turn, causes the market interest rate to deviate from the natural rate,...
The best performing precious metal for the week was palladium, up 6.96%, after getting shellacked 13% in the prior week’s election turmoil. In the prior week, gold posted its biggest weekly drop since 2021, only to have its biggest weekly surge this week since March...
At the start of the year, the US zipped past $34-TRILLION in debt. In July, we zoomed past $35-TRILLION. And now, in even less time, we screamed past $36-TRILLION. The mileposts to financial doom are flying by so fast they are just a blur now, and the rate at which...
It took 118 days to add another trillion dollars to the national debt. That’s just under 16 weeks. On Thursday, Nov. 21, the national debt officially blew past $36 trillion. To be exact, it hit $36,034,994,586,981.97.
Sadly the news from Ukraine and Russia regarding the usage of US missiles is not good. And as the usage of nuclear terminology increases in the rhetoric, it is putting a bid under the gold price. And will continue to do so in the months ahead, and at least until...
November 25, 2024
Have you previously seen gold slide $100 in several hours? Now you have. It seems that my subscribers managed not only to take profits off the table from the long position just one day before the top (after entering the long position on the day of the bottom), but...
Mike Maharrey, reporter and analyst at Money Metals Exchange, interviewed Greg Weldon, CEO of Weldon Financial and editor of newsletters such as Weldon's Money Monitor and Metal Monitor.
Elon Musk offered to include Ron Paul in the Department of Government Efficiency (DOGE) – a presidential advisory commission headed by Musk and Vivek Ramaswamy.
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 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