David Brady

David Brady has managed money for over 25 years for major international banks and corporate multinationals both in Europe and the US, with experience in Bonds, Equities, Foreign Exchange, and Commodities

In 2016, he created GlobalProTraders.com, an interactive online community for traders to share their views on financial markets.

David Brady Articles

Until the arrest of Huawei’s CFO in Canada at the request of the U.S., I was becoming more neutral to bullish on Gold. The G20 meeting was a complete waste of time in that nothing really changed. There was no agreement on the substantive...
The Fed was notably more dovish in its tone this week. On Wednesday, Fed Chair Powell warned of "generally elevated" asset prices. But then he followed that with: "The resulting drop in asset prices might be particularly large, given that...
Last week, I provided the fundamental background for why I believe the risk of lower lows in Gold remains, based primarily on USD/CNY breaking the critical 7 threshold. I also provided the rationale for the enormous rally to follow, driven...
It is difficult to provide an update on something that hasn’t moved in months. Other than a spike higher on October 11, gold has basically done nothing in the past three months. The current range remains 1214-1251.
After falling from 1369 to 1167 in just four months, gold is attempting to rally now, having risen to a high of 1237 recently. But as I shared in my previous article: “There is significant resistance ahead that could stall gold’s rally,...
Gold has finally caught a bid this week and is up to its highest level since July 31. The fact that the U.S. and China appear to have agreed on a meeting between Trump and Xi on trade issues at the next G20, coupled with the U.S. treasury’...
While we wait for news on the 25% tariffs on $200bln or 40% of Chinese exports to the U.S.—and with the threat of the same on the remaining ~$300bln to follow—I want to outline the endgame for the dollar…and the likely beginning of the...
Twenty-five percent tariffs on $200bln or 40% of China’s exports to the U.S. are due to go into effect today or shortly thereafter. There seems little doubt that the U.S. will proceed with these tariffs: the U.S.’ trade deficit with China...
Money Managers (“Funds”) continue to cut longs and add shorts, while gold remains oversold technically and over-bearish from a sentiment perspective. This has been the situation since May, and yet gold continued to fall. I see this as a...
Back in mid-May, I wrote my first article for Sprott Money, entitled “Gold Preparing to Launch”, where I stated the following: “In summary, based on positioning, sentiment, technicals, inter-market analysis, Elliott Wave Theory and similar...

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China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.