Gold News

It was music to gold bug ears. We’ve all heard the seemingly shocking or outrageous price targets for gold. So it’s not new. But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.
As mentioned in a prior article, the month of May looks to be a key timeframe for the Gold market, with several key time cycles that we track looking for a semi-important bottom. There are also two key turning point and reversal dates for May, with the first of thes
The coming hyperinflation will start slowly and few people will realise what is coming. But once the first real inflation signals are appearing, the process will speed up fast as the currency debasement accelerates. Right now we are most probably seeing the first sig
It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold st
Finally we have movement in the precious metals sector…but unfortunately for gold price cheerleaders, the movement was in the ‘inflation trade’. If you are looking for excitement about gold during inflationary phases, please look elsewhere because my articles a
The super powers in the West are doing what they can to provoke Russia and indirectly China and Iran into a world war. Most people alive today were not adults when WWII started and therefore did not follow the lead up to the war. But today the whole world can watch how
A few weeks ago we wrote that it may not be gold’s time yet but a few recent developments suggest its time could be sooner than we anticipated. Although gold failed to breakout last week, we should note the positive action in the miners. Over the past seven trading days
The gold price had another ho-hum week as it nests above the 50 day moving average and the area where the 200 day moving average meets lateral support at roughly 1300. The trends by both of these daily moving averages are up, MACD is up triggered and positive and RSI is
As the world is standing on the precipice of a total breakdown, both economically and geopolitically, an obvious question is: “Where is the money coming from” to save the world from perdition. The same question was asked to Maharishi Mahesh Yogi in the 1970s when he was
Readers know that I have beaten this drum all too often. Gold’s major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That’s what JP Morgan said and he’s far more qualified to understand than quotable