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20 hours ago
Mumbai-India (Feb 6)  Gold prices surged for the 7th straight day, moving up by Rs. 30 to hit nine-month high of Rs, 27,700 per 10 grams at... Read More
20 hours ago
New York (Feb 6)  Global stock markets slumped and the U.S. dollar rallied on Friday after a key U.S. jobs report painted a mixed picture... Read More
1 day ago
New York (Feb 5)  Ouch. It was a brutal end to the week as stocks entered another tailspin on a laundry list of worries. Whether it was oil... Read More
 

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Latest Gold Articles

One of the common transitions that bull markets go through as they age and die is a narrowing of leadership. As formerly strong sectors begin to stall out, investors shift into whatever is still looking good -- that is, whatever still has upward momentum. Eventually...
We are again seeing more and more experts and non-experts calling for the bottom for gold and silver, but none can confirm it as a proven fact. Few realize how important it is to have confirmation that one’s position is correct and will be profitable. It is...
Gold sector is on major sell signal. Cycle is up. Prices testing major resistance.Silver is on a long term sell signal and investors should be in cash or short. Short term is on buy signal but prices are testing 200ema resistance.
In our missive last week we noted that: While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent. Gold’s steady downtrend could resume in the next week or two.
Technical Analysis of The Markets Via Videos.
Gold has been having a great time as of late. In fact the value of the precious metal hit a three month high recently. However today, the value of the precious metal is falling off of highs as the result of data released with regard to US jobs. Un...
Gold and its miners’ stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector. This sudden deluge of capital inflows has crowned gold stocks the best-performing sector of this young new year by far, shocking traders. And this...
Crude oil prices have dropped from about $106 in June of 2014 to briefly under $30 in January of 2016 – down about 74% peak to trough. This appears to be an on-going disaster for oil companies, the banks who loaned money to frackers, oil exporting countries, global...
Last Sunday (31 January) Zero Hedge ran an article drawing attention to the big names in the hedge fund community who are betting heavily that the yuan will suffer a major devaluation any time between the next few months and perhaps the next three years. The impression...
Gold is 3.6% higher this week and is now over 9% higher year to date. The dollar saw sharp falls this week on growing doubts that the Federal Reserve will be able to raise interest rates. The gains this week were due to increasing concerns about the U.S. and global...
A global debt time bomb is ticking. What does it mean for the global economy and the gold market? Global Debt Rising Eight years after the burst of a global credit bubble resulted in the worst financial crisis since the Great Depression, deb...
China May well Change the Game: China lifts reading of cenbank gold holdings by 57 pct. Gold now accounts for 1.65 pct of total forex reserves. According to Central Bank Data, China's gold reserves stood at 1,658 tonnes at the end of June of last year. This was up 57...
As we watch stocks tumble and the price of gold hold strong—especially in recent weeks—it’s apparent that gold may be primed to have a good year. In the simplest economic terms, the supply and demand of gold include some favorable “trade winds...
We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be bearish...
One of the great things about stock charts is they allow us to track the markets using reference points from the past. For example, we may have drawn a trendline three weeks ago, then three weeks later the market rallies back to the trendline and reverses. Therefore,...
Gold started the new year with a bang. Does it imply a beginning of a bull market or it is only a temporary rise? The Rise in Risk-Aversion The London spot price of the shiny metal gained almost 5 percent in January. What were the reasons be...
The action in nearly all markets worldwide changed on a dime since January 1st. I am not sure “what or why” the change coincided so closely with the calendar year, but the rate hike by the Fed is the leading candidate. As for the real global economy, there is certainly...
The comatose mining stocks finally came to life today and showed signs of some determined buying, something that has been missing in the recent leg higher in the gold market. From a technical analysis perspective, the fact that they were able not only to breach that...
There is a lot of action going on this week in all the different areas of the markets. The PM complex has been rallying, the US dollar tanking today and the stock markets trying to make up their mind which way they want to go in the short term. I have a ton of work to...
Gold prices have continued to eke out further gains today. The very poor ISM data yesterday saw the dollar fall against all major currencies and particularly gold. Bullion is seeing safe haven flows and gains due to increased concerns about the economic outlook. The...
Gold is a very interesting commodity. With most commodities like oil, wheat, and others, when economic conditions prove to be poor. However, when it comes to gold, the story is quite a bit different. When economic conditions are poor, we tend to s...
For over six years, the markets have been moving based on Central Banker actions and words. The first phase (2009 to 2013) was dominated by action (ZIRP and QE). The second phase (2013 to the present) was increasingly reliant on words (verbal intervention) as most...
We opened our doors at Elliottwavetrader.net back in 2011 with our top call in the metals market. Since that time, we have been traversing a complex correction for the last 4+ years. And, as I have been saying since the end of last year, we are very close to its...
A lot is riding on the demand side of the equation when it comes to metals' price performance this year. Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion markets. The outlook for supply is more certain, and it isn't pretty.
The last Bank of Japan’s move is an excellent opportunity to discuss the impact of NIRP on the gold market. How will it affect the global economy and the price of gold? It’s NIRP Time The Zero Interest-Rate Policy is over. Now, it’s time for...
Yesterday, gold hit a 3-month high on weak economic data. What does it mean for the US economy and the gold market? U.S. Manufacturing Is Contracting First, the Institute for Supply Management’s manufacturing index edged up from 48.0 to 48.2...
Gold and Japanese fiat are unlikely friends. During economic crisis, money managers treat both gold and the yen as safe havens. Top FOREX traders use the action of the dollar against the yen for cues to place bets on gold against the dollar.
If you look at the gold market over the past few years, a grim picture starts to emerge. A precious metal that was once on the top of the world has been dealing with declines since late 2011. However, that's changing, and it's happening quickl...

Daily Gold Chat Recent Posts

kaotic: Interesting perspective here.. http://www.goldvybe.com/2-6-2016.html
Horia: http://preview.tinyurl.com/citibank-oilmageddon The world economy is trapped in a death spiral,...
Horia: http://preview.tinyurl.com/china-gold-demand-expanding It is not only a safe haven asset but it is...

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In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."