In the gold market, all analytical eyes should be on the Jackson Hole central banking conference. Janet Yellen makes her speech this Friday.
The US dollar is coming under severe pressure vis-a-vis the Japanese yen this morning. That’s good news for gold.
Gold price bulls and bears may all be getting a bit frustrated now, as gold refuses to follow their predicted paths…and simply meanders sideways.
For the Western gold community, the main theme for 2016 continues to be: “Let the good times roll!” GDX just raced to yet another new high for the year. My next target prices are $33 and $37. Technically, the situation is superb. There’s...
The gold market is quiet…displaying seasonal softness. However, that may be about to change as both the US and Japanese central banks are having policy meetings this week. The Fed meets on Wednesday, followed by the BOJ on Thursday. There...
“Perp Bond Thunder” is the new gold price driver in play. Moreover, it has the potential to influence major markets for many years into the future.
Gold stocks continue to take out key highs, but in the big picture, the upside action has barely started.
The gold price action in 2016 is now getting widespread attention. The upside fun may continue, but when “the crowd” is very excited about the next possible move, the wise professional investor takes the view that a more relaxed outlook...
In a boxing ring, size must be respected. In the same ring, a heavyweight champion fighter tends to absolutely destroy a flyweight fighter. In the gold market, size must also be respected.
Gold is the ultimate safe haven. Therefore, when global financial risks rise or fall substantially, enormous institutional liquidity can flow into gold…or out of it.