Gold News

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
Traders and investors noted and celebrated Gold’s alleged breakout from a its downtrend that began in 2011. Tuesday Gold closed at $1297/oz after nearly touching $1299/oz. Gold appeared to break its downtrend on the many charts that made the rounds. However, upon furthe
The general public doesn’t like hearing what some of us who are Cassandras have to say. Because our message is does not fit in with the choir of propaganda and lies. We are predicting a future for the world which is unpleasant for most people and therefore few
June, like so many months out of this year, has been a month full of headlines pointing in many directions for the economy. With gold slipping this morning about 15 points or so and stocks rebounding late in the week, the gains for precious metals have tapered off a
As has been the case throughout 2017, there has been no shortage of attention-grabbing headlines. In the past weeks, the headlines were consumed by tragic incidents in the U.K. specifically, which has led some to see uncertainty in the global markets. Traditionally,
The US economy added only 138,000 jobs in May. What does it mean for the gold market? Job Gains Weak In May Total nonfarm payroll employment increased 138,000 in May, following an increase of 174,000 in April, according to the U.S. Bureau of Labor Statistics.