Gold News

Last week’s trading saw gold holding weaker into Wednesday's session, here dropping down to a low of 1401.30 (August, 2019 contract). From there, a slingshot back to new highs for the larger swing was seen into Friday's session, with the metal running all the way up
Both Gold and the Dow Index have in recent times made significant bull market signals. The Dow in 2016 when it broke out of a rising resistance line: The breakout was 17 years after the Dow/Gold Ratio peak, just like it did in 1982. Also, the breakout came a f
The gold market held in a sideways consolidation pattern last week, with the metal forming its low in Tuesday's session with the tag of the 1387.50 figure (August, 2019 contract). From there, higher prices were seen into Thursday, here spiking all the way up to a hi
“A Crazy World! We have the biggest bubble ever in history and it will all end in tears.” This is how Egon starts the interview with Lynette. Egon goes on to discuss that we will soon begin a most spectacular secular bear market in stocks and bonds. Central banks
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