The last two bear markets in US stocks were deflation-oriented. The next one is likely to be inflation-themed, and could feature the US dollar and gold soaring higher at the same time.
While the December 31 selling in gold and gold stocks may have rattled gold bugs a bit, the fact is that gold begins 2017 in pretty good shape. Big fundamental themes that weighed on the “ultimate asset” in 2016 appear ready to reverse and...
Gold may be in the first stage of a significant rally. Gold has burst out of the short-term down channel, and the recent action of the “smart money” commercial traders is very positive.
At this time last year, most gold investors and analysts were predicting lower prices for gold. Many of them were shorting it. The shorts were obliterated, because gold bottomed the day after the December 2015 FOMC meeting. It soared...
Gold stocks and silver continue to exhibit substantial strength in the face of the decline in the price of gold. Is that strength hinting that a substantial rally will follow a Fed rate hike?
Institutional money managers move gargantuan amounts of gold market liquidity. Their fundamentally based actions create the chart patterns that technical analysts use to try to project the next rally or decline in the gold price.
It’s been a wild ride in 2016 for most gold community investors. Rather than wane, the violent price action may be about to accelerate.
When the price of gold enters a key buy or sell zone, it’s better to think less, and simply act with firm buy or sell action! There were a lot of reasons why gold should have gone higher in the $1305 - $1320 area, and it did go to about $...
Gold is no longer vulnerable. It has entered a nice buying area. The $1225 - $1200 price zone is both technically and fundamentally important. Here’s why: The average cost of producing gold is now approximately $1210. Fundamentally...
Gold is vulnerable. It’s technically overbought…and a developing top pattern is a concern. The $1305 - $1320 resistance zone is significant, and in my professional opinion, the rally to the $1380 area was not big enough to turn that...