Alan Greenspan was no stranger to the tales of the great manipulative cliques in the gold market of past years, or "gold pools" as they were often called. Even though federal regulations had long since made it illegal for any group of...
After its upward surge of late last month, the gold market was in correction mode last week - but not for long. The outside reversal that developed in the gold chart last week was simply a matter of "too much too soon." This is not the...
Gold traders and investors who have wondered aloud in recent months how the yellow metal can possibly mount a sustained rally--an-look so good from a chart perspective-in the face of a rising U.S. and global stock market outlook now may...
Andrew Harriman had just received his orders from his superiors at Goldman Sachs. He was instructed to keep the price of gold on the U.S. futures market below $500 an ounce at all costs.
Harriman was the Fed's back-pocket gold trading...
Alan Greenspan nervously awaited the results of the day's work. And what a day it had been! His furrowed brow and haggard expression were manifest tokens of the exasperation he felt. The day was Monday, October, 19, 1987. The Dow Jones...
As we predicted in last month's commentary headlined "May the Magic Month for Gold," the gold market has launched the bull market we have waited for right on schedule. Last week, the mining stocks-which typically serve as leading...
The global currency outlook as it now stands sends two powerful messages to investors, bankers and politicians the world over: a.) the U.S. dollar's day as the currency du jour of the world is ending, and b.) gold is undeniably heating up...
Gold stocks showed their first signs of life Wednesday, already providing preliminary confirmation of our earlier forecast for May to be the "magic month" in the gold sector. As is plainly evident from the charts of most actively traded...
Gold stocks showed their first signs of life Wednesday, already providing preliminary confirmation of our earlier forecast for May to be the "magic month" in the gold sector. As is plainly evident from the charts of most actively traded...
In our study of chart patterns, we have discovered a variation of a classical chart formation that contains tremendous significance from both a time cycle point of view as well as a supply/demand perspective. The pattern, which we have...