Gold News

There are critical moments in time that can change history. This week I will talk about two lines which are extremely important, as these two lines will change the world for years to come. The first is a Chinese Gold Line which is linked strongly to China’s history. Tha
After some deliberation, I altered my short-term outlook for precious metals and miners last week. The rally out of the 45-day cycle low in miners was troubling me. The 5 to 7-day thrust was robust and on expanding volume. It's rare for a move like that to terminate
Last week's action saw gold forming its high in Monday's session, here doing so with the tag of the 1323.60 figure (April, 2019 contract). From there, weakness was seen into a Thursday low of 1306.40 - before bouncing off the same to end the week. With the gold mark
Last week's action saw gold forming its low for the week in Monday's session, here doing so with the tag of the 1296.50 figure (February, 2019 contract numbers). From there, a sharp rally was seen into late-week, with the metal running all the way up to a Thursday p
Tinker, tailor, soldier, sailor, rich man, poor man, beggar man, thief… This old nursery rhyme, or counting game, dating back from the late 17th century, could be seen as a prediction of things to come. Many people, from various backgrounds, could soon realise that t
This week is shaping up to be pivotal. Wednesday's FOMC announcement will set the tone. Market participants will be looking for guidance concerning interest rates and balance sheet reductions. From a cyclical and technical perspective, metals and miners are in th
Last weeks trading saw Gold making lower lows for the recent correction into Thursday's session, with the metal dropping down to a bottom of 1275.30. From there, however, a sharp reversal to the upside was seen into Friday, here running all the way up to a peak of 1
What is a Goldbug? If we look at Wikipedia, they define it as “a person who is extremely bullish on the commodity gold as an investment and or a standard for measuring wealth …… goldbug can also be used as a pejorative”. Investopedia states that “A gold bug is an
Gold ended up forming the slightly more bearish pattern of an early-week high last week, with the index hitting a peak of 1296.60, made on a Monday time top. From there, lower prices were seen into later into late-week, with the metal dropping down to a Friday botto
In 2019 the investment world will start to realise that asset markets don’t grow to heaven as stocks, bonds and property start their long journey down which will eventually lead to declines of 75% to 95% in real terms. But the major risk is not just investment markets.

Pages