Since March 15, when the Federal Reserve raised rates for the second time since Trump was elected, gold has rallied and stock outflows have been extremely high, says Tom Beck, senior editor of Portfolio Wealth Global, and he discusses how Ray Dalio is turning to...
Gold Editorials & Commentary
March 26, 2017
'Tis a grand old expression, what? "It feels so good to be home!" "Uhhh, mmb, what's so good about Gold being at 1243, and as you like to say, 'per the above panel', only moving around where it was at this time last year?"
The Dow Jones Index made its last all-time high on March 1st, and since then its valuation has been slowly deflating. It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below.
March 25, 2017
Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is down. A correction is in progress.
March 24, 2017
Here are today's videos and charts.
Inserted below is a chart that compares the long-term inflation-adjusted (IA) performances of several markets. This chart makes some interesting points, such as: 1) Market volatility increased dramatically in the early-1970s when the current monetary system was...
In January, the Dow Jones Industrial Average broke above the symbolic 20,000 for the first time ever. This development raised again concerns about the condition of the U.S. stock market – further gains could be a headwind for the gold market, but the end of the bull...
Grab your ultra-reliable 357 magnum revolver and load the cylinder with six, not one, rounds of ammunition. Point the gun at your head if you are a member of the struggling middle-class. Imagine pulling the trigger and hoping…
Gold ETFs are rising in popularity due to their convenience. They’re easy to trade, there’s no need to store anything, and no one is going to break into your house to steal your GLD shares.
March 23, 2017
Near the extinct volcano known as Monte Pissis, high in the Andes on the Chile-Argentina border, the air is thin and animal life scarce. It’s also a prime location for lithium, the silvery-white metal used in the production of lithium-ion batteries.
Back in early February 2017, we posted an article to all our members about how our analysis showed a very strong potential for larger price swings with the potential for a massive explosion in the VIX indicator based on a price cycle pattern we had been studying. ...
It’s a testament to the recent success in the market that Tuesday’s minor bump downward seems to have the market spooked. The gold price, which had been hanging around the $1,220, to $1,230 range, is most recently hovering around $1,245 per troy ounce as of early...
Regardless of how hawkish the Fed frames possible future rate hikes this year, we suspect a cyclical breakdown in the US Dollar Index to unfold. Moreover, by our estimates of the leading market breakdown in US Treasuries last November, the window for a dollar break...
For those that have been following my daily updates on Snapchat (SKWealthAcademy), you know that I stated this past Tuesday that I expected silver and gold to rebound this week after a brief pause that some technical analysts said was a sign that the prices of gold...
Gold prices reached a 3-week high yesterday after the terrorist attack in London pushed gold to $1,251.30 per ounce – the highest it’s been since February 28.
The market is now on very thin ice. Yesterday worked off some of the “oversold” status for stocks, but we are in extremely dangerous territory today. The S&P500 has taken out critical support (red line) as well as the bull market trending running back to early...
IN THE WORLD of investing, many ideas are so widely accepted that they go unquestioned. But conventional thinking is often wrong, writes Kim Iskyan of Truewealth Asian Investment Daily at Porter Stansberry's Stansberry Associates.
March 22, 2017
The “talking heads” in the media are saying that the markets are “not supposed to be this high”. Analyst are just now raising their targets for the SPX for the rest of 2017. My long-term target, as of now, is 2550 and possibly even higher. It is now heading into a ...
We have written about ‘peak gold’ and the ramifications of the underappreciated peak gold phenomenon for the gold market since 2008. The risk of falling gold production and a consequent reduction in supply are slowly percolating into the mainstream and analysts are...
Two rate hikes since last year have weakened the dollar. Why is that, and what’s ahead for dollar, currencies and gold? And while we are at it, we’ll chime in on what may be in store for the stock market.
Back in the 1990s when businesses started going online they frequently didn’t realize that their new networking gear came with simple default passwords like “admin”. So a whole generation of early hackers simply scanned the web for companies that had inadvertently...
Last weekend (Mar 11), I noted that we needed to stay over 21.60 on Monday and complete 5 waves up to give us a bullish set up going into the Fed announcement. On Monday, the market gave us our 5 waves up off the prior week’s low, and on Tuesday, we saw a deep...
There is a combo chart for the PM complex I’ve been following, on the short term 10 month daily look, which shows a potential H&S bottom forming. I put a neckline symmetry line on the charts to get a feel for where the low for the right shoulder may form.
This was a target we set on Monday, June 19, 2006. However, it is taking longer to get there than we anticipated back then. It was 10 years ago but the reasons for this gold price forecast were roughly as follows:
March 21, 2017
Gold looks technically superb…and its fundamentals look even better. Inflation is rising in China and the West, the dollar looks shaky against key fiat competitors, and a reversal in American money velocity is imminent.
Pop quiz, name the top performing asset class of thus far this year? If you guessed US stocks or bonds, you’re wrong. The top performing asset class hands down is Emerging Market stocks, followed by Gold, THEN the S&P500, following by Treasuries and finally, Oil...
With the Trump euphoria pushing the broader markets to new all-time highs, it has impacted precious metals demand considerably… especially in February. Precious metals investors believing the White House “Grandiose plans”, of making American great again, have cut...
A few analysts are once again beating the drums for much lower gold and silver prices - supposedly just around the corner. They mistake the testing of a recent breakout for a turnaround in the main trend. In the process they are sowing confusion. Here are some...
March 20, 2017
For close to five years, investors, experts and analysts have been predicting that commodities, as a group, are going nowhere. Still, millions of respected, intelligent investors seek to invest in minerals and resources because of one important reason: one solid...
When the Fed wrapped up its 2-day meeting on Wednesday (15 March 2017), the Federal Funds Rate increased by 25-basis points to 1.00%. The lone dissenting voice in the FOMC (Federal Open Market Committee) was Neel Kashkari of the Minneapolis Federal Reserve Bank.
