Gold News

MMT is the socialists’ dream. It officially stands for Modern Monetary Theory but a more appropriate name would be More Money Theory. Because MMT is just a fancy name to justify more money printing, more deficits and more debts. Socialists love MMT, because for a sovere
Last week's trading once again saw the Gold market forming its high into early-week, here doing so with the tag of the 1301.70 figure - registered in Monday's session. From there, a decent decline was seen into Thursday, with the metal dropping all the way down to a
One of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few yea
Last week's trading saw gold forming its high early in the week, here doing so with the tag of the 1330.90 figure, seen on a Monday time top. From there, a sharp decline was seen into late- week, with the metal dropping all the way down to a Friday low of 1291.30 -
Have the Ides of March been delayed in 2019? Normally the Ides of March just means the date March 15th. Shakespeare made the expression ominous as it was the day that Julius Caesar was murdered. Today in 2019, the 29th of March seems more significant than the 15th. Beca
Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1290.60 figure (April, 2019 contract). From there, a rally was seen into Wednesday, with the metal pushing up to a high of 1311.60 - before spending the balance of th
The world financial system has been in a euphoric state since 2009. It seems that the Keynesians, like Krugman or the Modern Money Theorists (MMT) are right after all. All asset markets are near the highs and show little sign of changing direction. As Treasury Secretary
Last week's trading saw gold holding weaker into Thursday's session, where its low was formed with the eventual tag of the 1280.10 figure. From there, a decent rally was seen into Friday, in the process turning the short-term cycles back to the upside - even though
Last week's trading saw Gold forming its high in Monday's session, here doing so with the tag of the 1334.90 figure. From there, a sharp decline was seen into late-week, with the metal dropping all the way down to a Friday low of 1291.30 - before bouncing slightly o
Imagine a casino full of slot machines that all guarantee a constant high return. All you need to do is to put in a bit of money and you will get an incredible income stream for life. Well, this is exactly what the stock market is, namely a remarkable slot machine wi

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