Rudi Fronk and Jim Anthony

Articles by Rudi Fronk and Jim Anthony

We thought that when the gold price broke above its five-year downtrend in early June, it would establish an upward trend. We were wrong. Another false start, it seems. The bubble in financial assets continues.
Yesterday, gold broke a nearly six year-long downward sloping trend line that goes back to its all-time high of $1921 in August of 2011. Gold has not managed to cross above this trend line, currently at around $1280, since then, although...
The Incas thought gold represented the glory of their sun god and referred to the precious metal as “Tears of the Sun.”