The seasoned Gold enthusiast is sensitive to seasonality. And by conventional wisdom, 'tis said that the run from September through November is Gold-positive. After all: Gold is thought to sop up the negativity suffered by stocks in...
'Tis a Big "BUT" not subtle in our title's rebuttal. And our rationalized scuttlebutt? Across the week just past wherein Gold settled yesterday (Friday) at 1973, after being in a rut as low as 1908 (on Wednesday), two key near-term...
How are those lazy ole Dog Days of August workin' out for ya? Ahhh, August. Vacations in full swing, beer and high cholesterol goodies coursing through the body, substitute media anchors, subtle market movements... Uhhh, No. These days,...
"Shorting Gold is a bad idea." --[mmb, 2009-to-date] To be sure, that remains a favourite quip of ours over these many years of producing The Gold Update. Not that the Shorts didn't have their run from 06 September 2011's high of 1923.7...
Gold for the first time in history records a weekly close above 2000. 'Tis therefore fitting that we begin with this iconic passage (courtesy of Jonathon Cape, Gildrose Productions, and Ian Fleming Publications):
On the off chance that you missed yesterday's (Friday's) Prescient Commentary, here is its opening sentence: "Front month (Dec) Gold has topped 2000 for the 1st time ever, price at present 1993", Gold settling out the week at 1994, but not...
The price of Gold has returned to glory: yesterday (Friday 24 July 2020) at precisely 06:04 Pacific Daylight Time (13:04 GMT), Gold traded above 1900 for the first time since 06 September 2011, and moreover settled at a new All-Time...
Greetings from Rancho Santa Fe, where like Gold's path, the roads which rise from the ocean undulate with an upside bias toward a limitless sky. Undulate, indeed, as per the "Nothing Moves in a Straight Line Dept.", whilst fundamentally...
Gold's settling yesterday (Friday) at 1802 puts price within 100 points of the All-Time Closing High of 1900 as established back on 22 August 2011. As fervour builds to break that record, 'tis a good time toward maintaining perspective for...
Gold at long (unthinkably) last has taken The Northern Front (1750-1800), reaching the Big Round Number this past Tuesday (30 June) at precisely 07:52:16 Pacific Daylight Time, furthering the upward glide to as high as 1807 come Wednesday...