The best, brightest -- and moreover duly accomplished -- Gold analysts these past few weeks quite understandably have been in full throat calling for "Gold 2000 by the end of April!" or "Gold 2500 by June!" So much so have they put Gold on...
In concert with Federal Reserve Chairman Jerome Powell's Thursday announcement of a $2.3 trillion monetary injection for the U.S. economy -- on top of the federal government's $2.2 trillion economic aid package and with even more trillions...
We're of the long-running belief that everything -- and then some -- is all but instantaneously priced into major markets, or at least sufficiently so swiftly that 'tis nearly impossible for the human trader to take advantage, save for...
If one were told that Gold: recorded its "largest-ever" points up-change for a single trading day, (+109 on 24 March), and further that it... recorded its "largest-ever" points up-change from low-to-high across two consecutive trading days...
The ebbing tide which lowers all boats as the great Black Swan paddles past -- displacing to the downside just about everything but the Dollar -- is doing the damage quite similarly to what we witnessed back in the 2008/2009 credit demise...
To reason why, be it "theirs" by traditional Tennyson, or "ours" by contemporary culture, is oft a subjective exercise in futility, fatality for those in "The Charge of the Light Brigade", frustratingly for those in the discharge the Gold...
There's something about the Gold price of 1691. Oh to be sure, 'tis 16 points above our forecast high for this year of 1675, a level which according to the "Coronavirus? Who Knew? Dept." may in hindsight appear -- as we suggested back on...
The year's targeted forecast price for Gold of 1675 was reached this past Monday, 24 February; (as, with a wee bit of overshoot, was 1691). Then Gold's safe-haven status was breached, even in the face of the coronavirus' harrowing screech...
Indeed there 'tis in the Gold Scoreboard: "Gold Forecast High for 2020: 1675". With actual price having settled out the week yesterday (Friday) at 1646, the high en route was 1652, just 23 li'l ole points away from 1675. And 'tis only...
'Tis said "the market is never wrong", that instantaneously "priced-in" is everything known ... and beyond! Markets characterized as such tend to be actively liquid as is the case for Gold, the futures of which traded this past week at an...