Gary Savage

Gary Savage Articles

In a recent article gold analyst “Plunger” made the case that gold is in a cyclical bear market. In cycle terms he’s saying the 8 year cycle has topped. I’m going to agree with him that gold is stuck in a pattern of lower lows and lower...
Looks like they will be able to keep gold below the downtrend line this week, under $1,900. Silver is leading the metals!
This week my second son Joey turns 30 and my granddaughter Addie turns 3- just a day apart. The reason I bring this up is that we took a few days and visited Disney World in Florida.
Listen to what gold is saying. It’s not deflation that we have to worry about. We’re about to enter a multi-year period of rising inflation. Seriously did you think years of QE weren’t going to have consequences at some point.
For years now, analysts and the media have been trying to convince everyone there is no inflation despite central banks massive quantitative easing programs. Of course this is ridiculous. They just choose to ignore where the inflation has...
There are two schools of thought right now…and both sides are firmly convinced they are correct. The bullish case: Gold started a new cyclical bull market in late 2015. The bearish case: The bounce out of the 2015 bottom was just a counter...
Let me show you why I keep stressing that traders should focus most or all of their capital in the stock market.
I think we need to focus on what is happening to the dollar. The intermediate cycle is now 63 weeks long. Clearly that isn’t normal. I’ve maintained for several years that the end game was going to play out in the currency markets. There...
Gold has closed below its intermediate uptrend line. This is the first confirmation that a larger intermediate degree decline has begun. However, the dollar should be in an all out panic next week as the bloodbath phase reaches a climax, 
This video discusses the daily and intermediate cycles in gold. Price is now expected to at least tag the lower intermediate cycle trend line around 1240. Following a brief bounce price will likely retest the lower triangle trend line at...
China is poised to become world's biggest gold consumer.

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