Gold News

If you’ve read the headlines lately, you might get the feeling that the price of gold is waiting to hear all about what the Federal Reserve will do with its next decision. And this is not new. Goldbugs have always paid close attention to what the Federal Reserve doe
The stock market is up. The economic future, while some might consider it optimistic, is uncertain. Not everyone believes that the market will be high forever. Consequently, for those who need more security in their retirement, considering a gold IRA isn’t just a go
The January headline consumer price index (CPI) came in at 2.5%, which is near a 5-year high. What happened to deflation? As a result, real interest rates declined deeper into negative territory or in the case of the 10-year yield, went from positive to negative. No thi
The US stock market is riding on record highs. Ever since the election of Donald Trump as President, confidence in the markets—and in the Dow Jones Industrial Average, which has soared over 20,000 points—is up. But is this confidence justified because of earnings, o
An interesting article appeared in Bloomberg this week about an Italian citizen who, during a random bag search, was found on a train from Switzerland to be carrying 125 gold coins into the country. He had not declared the coins to Italian customs. The headline appe
Precious metals and miners were due for a cycle low in late January. I posted an article expecting a correction containing potential price targets. The cycle timing turned out to be accurate, but the abnormally brief pullback failed to meet traditional correction ob
Two weeks ago the London Bullion Market Association released a new edition of its annual Forecast Survey. What does the new LBMA Forecast Survey say about the price of gold in 2017? Gold Prices Will Increase In this edition, analysts are bullish across th
The precious metals sector has reached the upside targets we’ve written about since the start of 2017. Gold has touched almost $1250/oz ($1246/oz high) while GDXJ exceeded our $41 target and GDX nearly reached $26. The glass half empty case is the sector is now at stron
Anyone watching gold recently noted that it seemed to have remarkable strength, moving up to the $1,240/ounce range. However, just recently gold dipped again…and as of the writing this morning, it’s down to about $1,230. So what’s caused this dip, and how should tha
As of this morning, gold’s price is holding strong in the $1,240 range. Generally, one might expect to see a weakened US Dollar Index in the wake of higher gold prices. However, if this week has shown us anything, it’s that gold has legs despite this resistance.