There is an ominous signal within the precious metals complex which warns that gold may form a significant multi-year top within the next 12 – 18 months. This does not mean one should abandon the sector altogether, as holding some gold is...
Following Wednesday’s Federal Reserve meeting and ¼ point interest rate hike, gold prices reached a new all-time record high: $2,079 in the spot market. This eclipses the previous record of $2,074 set in 2020 by $5 per ounce.
Gold is on the verge of new all-time highs. The metal of kings has already broken out to new all-time highs in many world currencies – the last yet most important will be gold as priced in US dollars.
Gold has staged an impressive recovery from its Q4 2022 lows of $1,615 per ounce: the precious metal is trading at $1,860, or 15.2% higher, as this article is going to press in early January.
Gold and silver are in bear markets. Why? The market-perceived reaction by the Federal Reserve to quash inflation by raising interest rates.
Gold has just witnessed a successful support test of a critical level which keeps the technical model bullish until proven otherwise. In this article, we will detail the technical test just witnessed, and what the expected outcome will be...
We have reason to believe that bitcoin and cryptocurrency investors are about to shift their investment strategy toward the precious metals, and that change should cause a notable influx of capital into the gold and silver sectors.
Gold may be set for a further pullback before a resumption of the bull market is ready. Traders should position for short-term weakness, yet investors should use the dip as a final buying opportunity before higher prices.
One of the key ratios for precious metals investors to understand is the Dow to gold ratio. The Dow to gold ratio asks: “How many ounces of gold does it take to purchase one share in each company in the Dow Jones Industrial Average?” The...
All eyes are now on the Federal Reserve meeting this Wednesday at 2 pm eastern time. Why is the pending meeting so important? Because the Fed is expected to announce the tapering of its $120 billion per month bond-buying program, which...