Paul Eberhart

Paul Eberhart
Paul Eberhart
Senior Market Analyst and Columnist

Paul Eberhart has been actively trading and writing about precious metals for more than a decade. A U.S. Army Iraq War Combat Veteran, he holds an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill.

His market analysis has been enjoyed by hundreds of thousands of investors and shared on several platforms in the gold and silver online community.

  1. Gold & Silver Marking Time

    Gold & Silver Marking Time

    Believe it or not, there is a proper term for marching in place. It’s called, “marking time”. I suppose what we’re also experiencing is akin to running in a hamster wheel, but I’ve never really liked hamsters and I did serve in the Army, so I’m biased like that. But no matter what we call it, gold & silver are simply churning. 

    Let’s review the fundamental backdrop to get an understanding as to why.

    UNDECIDED ELECTION

    The US presidential election is still undecided. There are some hard dates coming up, but for now, the MSM is calling the election for Biden, President Trump is calling the election for himself, Joe Biden is calling the election for himself, and pretty much everybody on all sides is crying foul.

    Here’s the question: Is any of this “bad” for gold & silver?

    The short answer is “no”.

    Specifically, gold & silver are hedging...

    Read more »
  2. Silver "Unch" Despite Election Uncertainty

    Silver "Unch"  Despite Election Uncertainty

    Thank you Veterans, and hang in there by focusing on the ongoing good fight, which is the fight for Honest, Constitutional money! Some call it Sound Money, and some call it God's Money, but as required by the US Constitution, it's specifically called Gold & Silver. Interestingly, despite this election uncertainty, Gold & Silver have not benefited from the "fear trade"...

    Read more »
  3. No Election Winner Declared, Gold & Silver Volatile

    No Election Winner Declared, Gold & Silver Volatile

    No winner has been declared in the election, and it appears there may not be a winner declared for days if not weeks. On that note, here are a few different election outcome scenarios and their potential impacts on gold & silver....

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  4. Markets & Main Street Break Down

    Markets & Main Street Break Down

    Everything is breaking down.
    Of course, it's not like this wasn't expected, but perhaps the fact that the breakdowns are already happening is what is alarming? That is to say, sure, most people have been expecting post-election chaos, but it looks like the chaos has already begun, and we're still a week away from the election....

    Read more »
  5. Crashing Stock Market Into The Election?

    Crashing Stock Market Into The Election?

    It sure looks like "market participants", that is, stock market traders and investors, are getting anxious over the next round of so-called fiscal "stimulus".

    When the week began on Monday, the mainstream financial press was reporting that House Speaker Nancy Pelosi had set a hard deadline of Tuesday to come to an agreement between the House, the Senate, and the Trump Administration in order to pass a stimulus bill prior to the election on November 3, but that deadline obviously came and passed to no avail. Today, Wednesday, October 21, 2020, the mainstream financial press is reporting that the Tuesday deadline has been extended, big time....

    Read more »
  6. Gold & Silver Prices Waiting On A Spark

    Gold & Silver Prices Waiting On A Spark

    Trading has been choppy with precious metals neither really breaking out nor breaking down.

    What's changed over the last week?

    It's more like what hasn't changed!

    In no particular order, we see the fundamental drivers of the market are in the same state of suspended animation as last week:

    • Ongoing stimulus talks stalemate
    • Biden and Trump supporters fully entrenched and confident in their own side
    • No real surprises in the ACB Supreme Court confirmation hearings
    • Coronavirus is not really surging and not really waning

    So as we can see, in my opinion, right now, gold bullion & silver bullion...

    Read more »
  7. Gold & Silver Stabilize After Stimulus Turmoil

    Gold & Silver Stabilize After Stimulus Turmoil

    To say the last week has been odd for the markets is perhaps the understatement of 2020, and that's saying a lot because, well, it's 2020.

    Last Friday, in the early morning hours, President Trump informed the public that he and the First Lady tested positive for Covid-19, and on Friday evening, it was reported that President Trump went to Walter Reed (military hospital) where he could be isolated and yet continue to work, all the while being monitored by top doctors. On Monday, October 5, President Trump returned to the White House from the medical center saying that he felt better than he did 20 years ago.

    Why does this matter for the markets?

    Read more »
  8. Gold & Silver Price Dead Cat Bounce?

    Gold & Silver Price Dead Cat Bounce?

    Many of the technical analysts are looking at the gold & silver charts and calling it a "dead cat bounce". A dead cat bounce on the charts happens when the price of whatever it is you're looking at is falling, and then after falling for some time, price rises somewhat, only to begin falling again.

    For example, here's silver's daily chart

    Read more »
  9. Crashing the Silver Price, THE ULTIMATE Gift Horse

    Crashing the Silver Price, THE ULTIMATE Gift Horse

    "Don't look it in the mouth". That's what they say about a gift horse, meaning that you just take it and move along, and right now, I'm pretty sure that if you look up the definition of "gift horse" in the dictionary, you'll find a picture of silver right beside it. From silver's recent highs of, call it, $28, to recent lows of, call it, $23.25, we're talking about a decline of almost 17%. If we really want to get technical about it, from silver's recent intra-day spike high of $29.915 to its current (today's actually) intra-day spike low of $23.22 (so far), we're talking about a decline of over 22%, which, if we want to use Wall Street jargon, means that silver is now technically in a bear market.

    Read more »
  10. After Congress Stalls, All Eyes On The Fed

    After Congress Stalls, All Eyes On The Fed

    There are two types of policies that have direct and indirect impacts on the economy and the markets, the first being "fiscal" policy, as in, the government's financial policy, and the second being "monetary" policy, as in, the central bank's financial policy.

    On the Federal government's fiscal side of things, we've had legislation like the CARES Act, which brought about a whole range of fresh government spending, including PPP loans to businesses and Economic Impact Payments to individuals and families.

    Read more »
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