Gold News

The ECB (European Central Bank) just had its 20th birthday. But there is really nothing to celebrate. The EU is in a total mess and the Euro which was launched on January 1, 1999 is a failed currency. Every President of the ECB has had to deal with fires that had ve
The fundamental drivers for gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive gold and the same drives the greenback though with respect to differentials between the other competing currencies. Whe
Gold is in a primary recovery pattern as it attempts to break above its 2016 peak of $1,378 per ounce. This recovery pattern appears over and over again throughout history – the success or failure of gold to maintain the structure of this pattern will pave the way f
Due to numerous inquires regarding the U.S. stock market, in this week's article I have decided to take a look at the cycles in the SPX, though first we want to take another look at Gold - which was fairly quiet last week. Gold's Mid-Term Picture From the comm
In 1980, global assets, including property, were less than $20 trillion. Today almost 40 years later they have grown to $524 trillion. That is a compound annual growth rate of 9% which is quite remarkable for a 38 year period. Global assets have gone up 26 fold during t
Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar co
For the mid-term picture, the next low of significance for the gold market is due to materialize at anytime, a bottom that is expected to come from the 20-week time cycle. Having said that, as yet there is no actual confirmation that low is in place, though our key
Gold failed to breakout in the spring and recently lost weekly support at $1310. Meanwhile, the gold stocks have held up well in recent weeks (considering gold), but still have much to prove. Silver couldn’t rally much when its net speculative position was at an all-tim
Buy high and sell low is the mantra of many stock market investors. When a stock or a market reaches a new high the average investor turns even more bullish. That is also the point when the media talk about it and it becomes headline news. This is now the situation
Summary Dollar strength, yen and euro weakness still weighing on the gold price. Dollar/yen ratio suggests a short-term bottom for gold is near, however. Don't expect gold bottom until dollar index breaks its 15-day trend line. One of

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