Gold News

Has the Fed modified its monetary policy stance? What would it mean for the gold market? Markets Don’t Believe The Fed As we have already pointed out, the Federal Reserve was surprisingly hawkish in June. The FOMC raised interest rates by 25 basis points and s
Hubris is a deadly sin. It is an arrogance and conceit of the highest degree that eventually leads to failure. As we reach the final stages of the current economic cycle, hubris is prevalent everywhere. Central bankers and bankers believe that they can continue to creat
Although gold has enjoyed high prices relative to its historical performance, there’s no denying that the roaring of the stock market as it sets new highs on what seems like a regular basis has had a tremendous effect on how investors view the economy. In essence, gold’
The latest FOMC meeting was accompanied by Janet Yellen’s press conference. Let’s analyze the implications of her remarks for the gold market. Yellen’s Opening Remarks As usual, Yellen’s opening remarks were rather dull. She explained that the Fed’s decis
It was exactly one month ago we discussed our posture as a “bearish Gold bull.” The gold mining sector hit a historic low nearly 18 months ago but this new cycle has struggled to gain traction as metals prices have stagnated while the stock market and the US Dol
On the heels of the Federal Reserve’s most recent ¼ point interest rate hike on Wednesday, gold and the precious metals complex have seen a negative bearish reversal that deserves caution over the short and intermediate term. Fundamentally, the interest rate hike
If the last few years have revealed any truth about gold, it’s that the yellow metal is resilient. Though recent memory had prices in just triple digits, it’s been above $1,000 for so long now that it seems as if the price will never look back. But with a dip in pre
Last week, we were again reminded of the global instability and disequilibrium. In the UK, the conservative Prime Minister Theresa May decided 9 weeks ago to call an election. This was done due to the conservatives being 20 percentage points ahead of their Labour rivals
The middle of June is upon us, which means that it’s time for investors around the world to wait and watch as the U.S. Federal Reserve considers raising interest rates. Perhaps that’s the reason the Dow Jones Industrial Average is within a few points of its opening
The ‘Super Thursday’ is behind us. What does it imply for the gold market? An eventful ‘Super Thursday’ is over. Contrary to some exaggerated expectations, there was no panic selloff, as the public testimony of Jim Comey was far less worrisome than it could have