Gold News

Lemmings have a herd mentality. But following the crowd, can have grave consequences like falling off a cliff and drowning in the ocean. Many investors have the same instinct. They follow the crowd and buy or sell when other people do. This probably won’t end in the sam
The action into last week saw gold forming its low for the week in Monday's session, here doing so with the tag of the 1384.70 figure. From there, a sharp rally was seen into Wednesday's session, with the metal running all the way up to a peak of 1441.00 - before se
Don’t let your bank hold your gold. They might not find it. A gold investor told us recently that his Swiss bank had moved the client’s gold from the bank’s safe to a private vault in the name of the bank, in Zurich. The client was aware of this move. But then the p
Last week's action saw gold forming its high in Tuesday's session, here spiking all the way up to a peak of 1442.90. From there, however, a consolidation to the downside was seen into later in the week, with the metal dropping down to a low of 1401.40 - before bounc
Finally it happened although it took 6 long years to break through The Gold Maginot Line at $1,350! This resistance was a lot stronger than the original French one in WW II since it took the Germans less than a year to penetrate it in 1940. But we must remembe
A while ago, I wrote about a coming confirmation of the multi-year gold bull market. It has taken longer than expected, but that signal has now arrived, and the bull is very much confirmed. Here is a gold chart indicating that very important signal I have
For the gold market, last week's trading saw the metal forming its low in Monday's session, here doing so with the tag of the 1336.60 figure (August, 2019 contract). From there, a near straight shot higher was seen into late-week, with the metal running all the way
The gold market is looking a lot like it did early in the millennium, at the start of the bull market. It is setting up for a gold bull market that is likely to be way more intense than the previous one, due to the structural weaknesses incurred by the monetary system s
At the beginning of last week, I was challenged with a wager on the gold price. The individual, who called me a “gold pumper”, wanted to bet $1 million on the gold price going below $1,000 before it reached the Maginot Line at $1,350. Since the gold price was $1,325
Last week's trading saw gold forming the bullish pattern of an early-week low into support, with the metal hitting a bottom of 1323.60 - made in Tuesday's trading session. From there, strength was seen into later in the week, with the index pushing up to an early-Fr