Gold News

The breakout in gold and silver that we have been patiently waiting for is now starting. The long term up move in the precious metals, which have been pausing since 2011, is now resuming. We can with confidence expect all the short term resistance levels to be broken. T
Gold saw its low for last week made in Monday's session, here doing so with the tag of the 1310.90 figure. From there, a sharp rally was seen into later in the week, with the metal running all the way up to a Friday peak of 1352.70 - before backing slightly off the
Turbulent Financial Markets Trade wars certainly dominate the news lately. The situation will likely deteriorate further in the remaining months of 2019. This article is a trio of our earlier articles on this website. The first one deal with long term cycle analy
Previously, I have shown how we could be close to major financial/monetary crisis. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. Th
Dissecting Financial Anatomy In our earlier article, we discussed the big financial disruption is coming to us this year and will last to 2021. No doubt President Trump is viewed as a financial disrupter since 2016. His recent trade wars with China and Mexico hav
Last week's trading saw gold prices forming its low later in the week, here doing so with the Thursday tag of 1279.20 (August, 2019 contract). From there, a slingshot higher was seen into Friday's session, with the metal running all the way up to a peak of 1311.90 -
History Always Repeats Last week, trade wars went into high gear, caused by President Trump’s insistence that Mexico stopped illegal immigration from entering US. President Trump further insisted that China stopped intellectual theft and other malpractices accord
Will Atlas save the world? Global debt of $250 trillion can neither be serviced nor ever repaid. More likely, it will continue to grow exponentially until the world financial system collapses under the weight of the debt plus unfunded pension and medical liabilities
Last week's trading saw gold forming the more bullish pattern of an early-week low into support, with the metal bottoming in Tuesday's session with the tag of the 1269.00 figure. From there, strength was seen into Thursday, here pushing back up to a high of 1287.10
The massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider