Gold News

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.
If looking at gold only in a vacuum, it looks good. Its uptrend since the start of the year remains intact and it has pushed above its 50 and 200-day moving averages. It closed the week at $1280/oz and could test $1300 next week. But looks can be deceiving. Considering
Yesterday’s session was yet another one in row when mining stocks underperformed the yellow metal, which continues to have bearish implications. Nonetheless, gold moved to new short-term highs and in today’s alert we’re going to discuss the implications of this move.
If we look at gold from the long-term perspective, it’s clear that it hasn’t really done much in the recent months – it’s trading in the $1,200 - $1,250 range, which is where it was in the first half of 2016, first half of 2015, for most of 2014 and in the second half o

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