Gold News

The gold price has been slowly grinding higher in volatile trade over the past two years. After bottoming around $1,050, the price has put in a series of higher lows on the technical charts, which is a bullish sign. Adding to this bullish pattern was a new higher hi
It was a rough week for investors in stocks and stocks of all kinds. The S&P 500 lost 5%. Emerging Markets also lost 5%. Gold Stocks, which had weakened before the broader equity market have been hit hard. They (GDX, GDXJ) also lost 5% last week. The HUI Gold Bugs I
Gold Prices This Week and Next Week’s Outlook Silver has doggedly refused to lead gold and in an instance of an indicator finally working as it should, the Silver/Gold ratio’s decline finally saw a big crack in the risk ‘on’ global market backdrop. Flipping it
Virtually no investor studies history and the few who do always think it is different today. The most important lesson is that people never learn. If they did, they wouldn’t be invested in a stock market that on any criteria is now at a bubble extreme. And they wouldn’t
The price of no asset can move up or down in a straight line, so why should mining stocks be any different? They have been declining relentlessly for almost 2 weeks, erasing more than 10% of their value. Sharp? Definitely. Unsustainable? Perhaps. When will the turnaroun
Gold has outperformed silver and miners for over a year. We should see a change in leadership this year. Precious metals deliver their best gains when miners or silver pave the way. Miners sustained significant technical damage last week closing below the January
Gold Prices This Week And Next Week’s Outlook We have been noting silver’s relatively positive Commitments of Traders (CoT) alignment vs. that of gold. Before Friday’s pervasive market disturbance that likely improved both CoTs, the reading in silver was already cons
Most price forecasts aren’t worth more than an umbrella in a hurricane. There are so many factors, so many ever-changing variables and dynamics, which even the most educated guess almost always ends up wrong. Further, some forecasts base their predictions o
The bearish case for gold continues as fresh new bearish confirmations have just emerged. You have already read about gold’s huge weekly volume, gold stocks’ underperformance and many other factors. Yesterday’s session provides us with even more bearish details. But, th
We are now preparing for what should be the final retracement in the gold price before 2016 highs are exceeded for good. The degree to which this retracement gives back recent gains is open to some variability, but the highest probability assessment is that gold wil

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