Daan Joubert

Daan Joubert Articles

Last week started with the gold PM fix holding above the $1080 level that was seen as key long term support. The great concern was about what would happen on last Friday – the infamous monthly NFP report on Non-Farm Payrolls.
Last week in US Markets it was thought that it has become time to light the fire – implying that with key long term-support for gold having been reached, the metals could now end the deep slide and begin to recover. This week’s heading...
For some observers it came as no surprise in 2019 when the US economy suffered a collapse that was much, much worse than what had happened after 9/11; even worse than the Great Financial Crisis (GFC) that began in 2007/8. This is an...
Readers who have read ‘Can lightning strike twice?’ will be aware that the Friday PM gold fix was right at major long term support for the gold price. When on June 30 of 2013, also a Friday, gold fixed at $1192, it was also right on...
The saying goes that lightning can strike twice in the same place. Perhaps it can do so and also in the same season. Just more than 2 years ago, the following chart of the gold price and part of the comments appeared in the US Markets...
It is six months since the last in the series of long term reports on the US Bond market, the gold price and US dollar-Yen, using the principles of Chart Symmetry. The analyses of monthly yields previously showed the US Bond market was...
Over the years, various analyses based on Chart Symmetry have been published here and elsewhere on the internet. Recently the focus has been on monthly charts of the US 10-year bond and of Gold - charts that showed each of these...
While much has been written about the overall short position in gold, which developed mainly through the leasing of gold from central bank vaults, a similar and proportionately even larger short position exists in silver.
Last week the discussion of the valuation of gold mines ended with the possibility that the prices of marginal, unhedged mines with extensive reserves that can at present not be mined profitably could increase 10-fold and more, should the...

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Palladium, platinum and silver are the most common substitutes for gold that closely retain its desired properties.