Dominic Frisby has looked at the best ways to invest in gold in the UK’s best-selling financial publication Money Week. Frisby looks at the various ways to invest in and own gold and points how gold ETFs are not much cheaper than online gold bullion dealers such as ...
Gold Editorials & Commentary
March 20, 2017
For the third time in two years, the Federal Reserve lifted interest rates 0.25 percent last week following the previous week’s phenomenal jobs report. The move was seen as more dovish than many market analysts had anticipated. BCA Research went so far as to call it...
It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now, and he puts out some of the best analysis...
In this Weekend Report I’m going to update some charts I posted back in November of last year before the PM complex bottomed in late December. What I was showing back in November were many of the H&S tops that were breaking down in an impulse leg to the downside...
Every week we talk about the supply and demand fundamentals. We were surprised to see an article about us this week. The writer thought that our technical analysis cannot see what’s going on in the market. We don’t want to fight with people, we prefer to focus on...
Monday will be day 6 of Gold’s third Trading Cycle (TC) out of the December 2016 Yearly Cycle Low (YCL). Gold’s longer 5-6 month Intermediate Cycle usually has four shorter Trading Cycles within it (sometimes 3 or 5 but usually 4 shorter Trading Cycles).
March 19, 2017
SPX started a correction after it reached the 2400 target. Until now, it was not certain if it wanted to continue to the 2410 extension before correcting. Friday’s action strongly implies that it is preparing to continue the corrective process which could last for...
A solid week for stocks and stock markets and metals, mainly fuelled by the Fed increasing interest rates by 0.25%. All good and trending higher nearly anywhere you look…so ride the wave until it ends. It doesn’t really matter what someone says, it matters how...
The Federal Open Market Committee's policy statement released this past Wednesday, despite its confirming the raise of the FedFunds target range to 0.75%-1.00%, was couched as "dovish". We read the statement -- twice -- and didn't find anything about it that was "...
One of the key success factors of investors is to discover leading indicators which are able to forecast whether (specific) markets will become bullish or bearish in the future. InvestingHaven’s forecasting methodology has a fundamentally important leading indicator...
Last Friday promised some excitement for this week; what with the much anticipated interest rate increase by the FOMC and the Federal Government hitting its debt ceiling on Wednesday the 15th. Come this Friday evening, it was all much to do about nothing, with the...
Speculative traders sold and shorted gold in anticipation of the Fed meeting, which was the completely wrong move. As the Fed did what everybody expected, gold traders bought back previously sold positions in a “sell-the-rumor and buy-the-fact” moment.
March 18, 2017
It seems, to almost nobody’s surprise, the Federal Reserve hiked interest rates 25 basis points (bp) for the second time in three months. They also hinted at more to come later in 2017. The Fed had “confidence in the path the economy is on.” Yet the market viewed it...
Gold sector is on short-term sell signal. Speculation continues to fall.
As you save for your retirement, there are a number of different ways you can invest your money. You can put it into the stock market, in a managed fund or index fund. You can buy bonds that will mature around the time you’re ready to exit the workforce.
March 17, 2017
The most commonly cited bullish arguments in favor of gold right now are the problems faced by the Old Continent, mainly the elections in certain countries. So let's analyze them individually to consider their potential impact on the gold market.
This week 65,000 people have been gathering in Cheltenham for one of the most important events on the horse racing calendar, the world famous Cheltenham Festival and the Gold Cup race.
Something big is afoot in the Shanghai Gold market. It seems that we are at the door of the RESET finally, with China being betrayed by the USGovt and USFed in concerted collusion. The attempt to reduce the USDollar while maintaining ultra-low bond yields seems the...
Buyers extended Wednesday’s perplexing rally — perplexing because if gold were acting normally, it would be falling on Wednesday’s headline news of a 25-basis-point rate hike by the Fed. Rising returns on risk-free paper are supposed to attract money away from...
March 16, 2017
The Dunning-Kruger effect is the idea that low-ability people tend to suffer from illusory superiority. The phenomenon, first studied by David Dunning and Justin Kruger, says that people who know the least tend to overvalue their own competence, and tend to believe...
Death: It comes to all of us, including empires, paper currencies and countries. Debt: The world is drowning in debt – $150 to $200 trillion. The US government is sinking into a black hole of debt – $20 trillion official and another $100 – $200 trillion in unfunded...
Gold rallied 1.8 percent yesterday as the U.S. Federal Reserve raised interest rates by an expected 25 basis points for the second time in three months.
Every four years, the American Society of Civil Engineers (ASCE) releases its report card on the condition of America’s infrastructure, and for the second time since 2013, our nation’s roads, bridges, waterways, airports and more scored a barely-passing D+.
In just the past week, lawmakers in Idaho and Arizona have passed bills removing “Capital Gains Taxes” from gold and silver coins and bars. Normally, when individuals sell gold or silver, they must pay capital gains on any increase on the value of their precious...
March 15, 2017
Our downside target for the near-term is 1156.60, a ‘midpoint’ Hidden Pivot that comes from the weekly chart. April Gold had a chance to rally out of the hole this week from a bouncy-looking pivot at 1195.40. Instead, the futures popped for a few measly points...
Raising the debt ceiling is how we ended up with a $20 trillion debt. Is the debt ceiling becoming a joke? It is the same theory as a speed limit sign that is never enforced. Short-term, there are positive consequences to raising the debt ceiling. The US will...
As many are celebrating the 8th birthday of the stock market rally which began in March of 2009, there is a common belief that this birthday will usher in a market crash.
I’ve been thinking about the current Fed Funds Rate hike cycle, which is logically gaining forward momentum now that the Fed can stand down from its 8-year, ultra-lenient monetary policy cycle. That is because the Obama administration’s goals required a compliant...
March 14, 2017
Recently, the Idaho House of Representatives voted overwhelmingly to remove income taxation from precious metals investments. Here is a video of this ground-breaking, monumental occurrence.
Oil may have just stopped the Bank of Japan. The fact is that in late September 2016, the Bank of Japan embarked on a new monetary policy of targeting a yield of 0% on 10-Year Japanese Government bonds.
