Gold News

With the price of gold recently slipping, it’s tempting to believe that the hedge gold offers from the stock market isn’t as powerful as some say. But world events can throw that notion for a loop overnight. That’s what we saw early Friday, as Reuters notes, with th
The price of gold is dependent on a number of factors like the U.S. dollar, the strength of confidence in the U.S. economy, and the prospects of the Federal Reserve’s future policy. Recently, gold hit three-week lows thanks to all of these factors putting downward press
One of the most frustrating charts to trade during 2017 has been almost any chart in the metals complex. In fact, if you speak to most metals investors, you would almost think that they have incurred a huge loss in 2017. But, that is far from the truth. In fact,
As I read through the blogs and public articles on miners and the GDX, it has become quite evident that many have now turned either bearish or completely indifferent to this complex. In fact, it seems as though the number of hits being seen in the Seeking Alpha meta
Last month, the World Gold Council (WGC) released a new edition of Gold Investor. What can we learn from the report? The autumn issue of the WGC’s Gold Investor contains stimulating articles, including pieces about global gold mining, the U.S. jewelry market
Last week we wrote: Gold now sits between two critical lines. The momentum of last week should carry through with a move to “kiss” $1,308 early this week. But after that is anyone’s guess. We could just as easily see a retrenchment to retest $1,300 OR we could
Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottome
Yesterday, October 19th, was the thirtieth anniversary of “Black Monday,” the massive stock market crash in 1987 that saw the Dow Jones lose over 20% of its value. To put that in today’s terms, DJIA would have to lose over 4,800 points to have another day as bad as
The dollar is dead but the world doesn’t know it. It has been a slow death and the final stages will be very painful for the US and for the rest of the world. The US empire is finished financially and militarily. Nixon was convicted for the wrong crime. It
The gold price this morning saw the yellow metal holding above $1,300 before dipping a bit below. Given the strength of the Dow Jones Industrial Average as of late—as it’s been breaking its own records—this level of success for what is widely considered a “hedge” in

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