Gary Savage

Gary Savage Articles

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...
There is little doubt that gold is now in a bull market. However, the price of gold is stuck within a complex sideways triangular consolidation pattern which may continue for the rest of 2017.
Surprises In a bull market come to the upside. Hence, it’s never advisable to lose one’s core position. This rally isn’t going to top until sentiment gets excessively bullish. Right now sentiment is dead neutral. Consequently, it will take...
Bonds – this past week suffered one of the largest weekly selloffs in decades. After finally reaching negative rates in much of the world, has the 36-year bond bubble finally popped?
Gold has multiple resistance zones at the $1380-$1400 level. It’s going to take some work to break through these. Gold will need some help from the dollar, which it will eventually get as the greenback will be due for its intermediate...

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China has only 2% of its Total Foreign Reserves in gold.