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Gold Market News

12 hours ago
London (Sept 23)  Gold prices rose on Friday amid an uptick in safe-haven demand as North Korean leader Kim Jong-un vowed to make a "... Read More
12 hours ago
New Delhi (Sept 23)  Gold on Saturday weighed down by slackening demand as prices dropped Rs50 to Rs30,800 per 10 grams even as the metal... Read More
12 hours ago
New York (Sept 23)  Gold markets continue to be very choppy, as we have pulled back completely during the week. We broke below the $1300... Read More
 

Latest Gold Articles

Quiet action for the most part in stocks. To be sure I am seeing some signs of strength to come in the short-term…and you can find out more on that at my free blog.

The manager of the world’s biggest hedge fund, Ray Dalio has declared his preference for gold over bitcoin. Earlier this week Dalio, of $160bn Bridgewater Associates, labelled bitcoin ‘a bubble’. Dalio believes the 300% plus rise in price of the most popular...

Cycle Status/Outlook: Short term bullish after another new ATH on the SPX this week on day 21. We are slightly lower on day 23 but a 21 day high shifts the odds in favor of a right translated cycle that will make a higher low.

If I have funds in a bank account, I know that I have a certain amount of fiat money available in that account, upon which I can draw more or less freely, according to the nature of the contract between myself...

This week’s landmark Federal Open Market Committee decision to launch quantitative tightening is one of the most-important and most-consequential actions in the Federal Reserve’s entire 104-year history. QT changes everything for world financial markets levitated by...

There is a £1 trillion debt time bomb hanging over the United Kingdom. We are nearing the end of the time-bomb’s long fuse and it looks set to explode in the coming months. No one knows how to diffuse the £1 trillion bomb and who should be taking responsibility. It...

During the last week, the major market indices rallied again. Although there was no news to account for it, there was a reason.

The Chinese have announced that they have perfected a scheme, to be launched formally in the market by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for the oil; for this deal, the Chinese...

There are probabilities in markets and there are certainties. It is very probable that investors will lose a major part of their assets held in stocks, bonds and property over the next 5-7 years. It is also probable that they will lose most of the...

The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, the important...

I'd like to share a personal investment tale with you, the origins of which go back a ways. I became involved in physical precious metals/futures trading in 1972 after reading Harry Browne's book, How to Profit from the Coming Devaluation.

Everyone is making a big deal about the Fed's so-called "balance sheet reduction” which starts next month. Let’s assess some facts. First of all, the Fed plans on shrinking its balance sheet by $10-$30 billion per month. The Fed balance sheet is currently $4.5...

Global debt levels have reached unprecedented levels, pension deficits are rising and the US interest rate cycle is on the turn. Frank Holmes, chief executive of highly regarded investment management group US Global Investors, believes that investing in gold is a...

In an extensive, must-read report published on Monday by Deutsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what may cause it, when it may happen, and how the world could respond assuming...

October 19, 2017 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness with its gleaming candles, luxurious works of art...

Several weeks ago, I surprised most investors by issuing my “Book Profits Now!” call for the precious metals asset class. When I did so, head and shoulders top formations immediately formed on gold and GDX, and prices have swooned.

Global debt may be under-reported by around $13 trillion because traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, the BIS said on Sunday.



Global debt may be under-reported by...

Gold swaps by the Bank for International Settlements, Dave Kranzler of Investment Dynamics writes today, correlate inversely with the gold price. That is, the more gold is swapped by the BIS, the more metal is made available to bullion banks for sale into the market...

A quote often attributed to St. Augustine, the early Christian theologian, is: “The world is a book, and those who do not travel read only a page.” I feel blessed to be able to travel as much as I do—not because I’m a big fan of 10-hour flights or living out of a...

Physical demand for bullion rounds, coins, and bars remains somewhat soft in the US. This year’s run higher in prices as well as rising geopolitical tensions has whet the appetites of some investors, but it has not yet triggered broad participation.

Even for bitcoin last week was an eventful week. The price hit a recent low of $2,980, falling 40% and recovering by nearly 25% in the space of three days. Last week was a good example of the vulnerabilities in the cryptocurrency space to government announcements...

Last week, important pieces of US economic data were released, including the consumer price index and retail sales. What does it imply for the gold market? CPI Positively Surprises Consumer prices rose 0.4 percent last month, while core ...

Previously, we have discussed the issue of a currency’s backing. From comments and emails, we realize this topic could use a bit more illumination. And there are some related concepts that should be addressed at the same time.

Back in mid-July, we called for the market to top within 3 weeks between 2487-2500. And, 3 weeks later, the market topped at 2490SPX within one day of the topping date we expected. And, since we struck that high, the market has followed throug...
The gold correction we’ve forecast started last week. However, the ongoing geopolitical issues with North Korea have “muddied” the waters. Always remember that gold is a “sentiment” trade. The precious metal has virtually no industrial...

Daily Gold Chat Recent Posts

chris-d: Is Bitcoin a "Ponzi" scheme? If it is so is the US$, and so is the stock market elevated by vast...
chris-d: What we are witnessing now is credit fueled misallocations of capital into the FAMG stocks. Most...
Brett Star: Bitcoin makes me squeamish.....$25,000? I did read that article. The odd thing about Bitcoin is...
Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.