It’s a big week for gold bugs of the world, with the next FED announcement on Wednesday, the BOE on Thursday, and the BOJ on Friday.
Wet paint eventually dries, and in the case of gold, the upcoming CPI report (tomorrow) and FOMC announcement (next Wednesday) could change the game… and light the gold price paint on fire.
What’s next for gold? The (potentially massive) rally from the $1885 area low has hit its first sticking point at $1935-$1945. The low of the left shoulder of a double-headed inverse H&S bottom is providing the resistance, and two...
Global gold bug excitement continues to build, and rightly so, as the current metals market rally gains momentum. US bond and gold charts are showing strong synergy, and on that note, please click here now. Double-click to enlarge this...
The progressive movement (restoration of gold as the money of the world) has been hijacked, and pretenders to the gold money throne now claim that fiat credits, massive debt, rampant destruction of free speech, and vicious war mongering...
Five major fundamental and technical events need to occur for me to issue a major buy alert for gold and silver stocks, and to act on that alert myself. The good news is that all five events are in play today.
Gold is money, and gold is a reserve currency for most central banks. Central banks continue to add gold to their reserves and the pace of their buying is clearly “peppy”. Silver should also be money, and technically it is, but it’s no...
While artificial intelligence and robots may replace many workers at some point, inflation can still rise in that environment, and central banks will continue to hike rates to fight it. Commercial banks follow the Fed when it hikes rates,...
While tomorrow’s US interest rates announcement can help push gold to key short-term buy or sell zones, the big picture for gold is mainly about Chindian citizen demand versus mine supply.
Are fiat and debt planet Earth’s two main pillars of evil? They likely are. While billions of citizens grovel for food, medicine, and education, their greedy governments inject themselves, and the citizens, with fiat heroin and debt...