Gold News

Gold's Short-Term Cycles Heading into the new week, it looks like the 10 and 20-day cycles for gold may have already peaked with the recent swing high; if they did, then they did it without so without our customary tag of the 20-day moving average (chart, below).
“The winner takes it all, the loser standing small” (an Abba song) is the next phase in the world economy. Sadly there will be few real winners since the world and its people will be the loser in the coming phase of destruction of asset values, implosion of debts as wel
The persistent 3-month decline in gold cut much deeper than I anticipated. As the cycle extended, gold broke key levels at $1280, and $1238. That gave the bears a voice, and we see renewed calls for a bear market and imminent collapse. I remain firmly bullish on the
When Pete Seeger wrote the famous song “Where have all the dollars flowers gone” back in 1955, little did he know that the total US debt which then was a few hundred billion dollars, would 63 years later be almost $70 trillion. But there is no reason why Seeger shoul
The 2-month assault on gold seems never-ending. Investors (including myself) have exceeded their breaking point. From a sentiment point of view, nearly everyone is bearish. I’ve seen this scenario play out many times. I can assure you, prices will find a bottom...if
Last week's trading saw gold forming its high for the week in Monday's session, here doing so with the tag of the 1266.90 figure. From there, a chop to the downside was seen into late-week, with the metal dropping all the way down to a Friday low of 1236.20 - before
The action last week saw gold dropping down to lower lows for the larger swing, with the metal forming its bottom on Tuesday with the tag of the 1238.80 figure (August, 2018 contract). From there, a decent bounce was seen into Thursday, here pushing up to a high of 1262
Can investors really be that wrong? Global risk is today greater than ever in history and at the same time the great majority of investors show no fear at all. There are so many potential catalysts that could shake the world economy out of its sweet dreams into a living
Whilst the US government worries about the military threat of Russia, and the trade deficit with China, they show no concern for the real problems. To understand what is really happening, all we need to do is to Follow the Money. The flows of real money reveal wher
With the mid-term trend still pointing lower, gold prices continued to push to lower lows into last week, with the metal dropping all the way down to a Thursday bottom of 1262.40 - before bouncing slightly off the same into the weekly close. The Short-Term Cycles

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