The good news is that gold finally has departed its seemingly inescapable 1240-1280 box. The bad news is that such departure was beleagueredly to the south, price settling out the week yesterday (Friday) at 1212. To be sure, per the above...
Fraternize about gold with folks here amongst Monaco's financiers and wealth managers and you'll span pretty much the same spectrum of 180° out-phase-opinions as you'll find elsewhere. A close banker buddy, and better yet a dear family...
Compared to the impressive 300km+ velocity of the Train à Grande Vitesse, which today whisked us from Avignon to Nice, Gold's track this past week was akin to the far lower speed local rail extension across the additional 20-or-so...
Provençal greetings from the stunningly gorgeous Vaucluse. Contrary to the fast-paced rat race of San Francisco, here in the South of France amongst these vast vineyards and rolling hills of dark greenery beneath the majestic beauty of...
Recall the Monty Python line "A minute passed quickly past"? 'Tis how the year 2017 feels to us. The geometrically-increasing pace of unrelated, and moreover, unimportant items beset upon us on a daily basis is blurring the very passage of...
Or as Bill the Bard of Avon might have queried, "Much Ado About Nothing?" Is the StateSide executive branch covertly concealing a felonious act? Or are players in the congressional/media complex destined to go down as the daftest deviants...
1231, 1211, 1190. Those are the three gold levels we offered a week ago as to how low price may go in its present down-flow. We'd already just eclipsed the 1231 level in settling last week at 1228. Then as the above panel shows in settling...
'Twas four weeks and forever ago (gold then at 1256) when our technical awareness first perked up for gold to move down, Silver then primed to start slipping as copper was already letting go. But per the above panel if you count back four...
Reminiscent of that classic 1970 LP "Déjà Vu" --(CSN&Y), gold these days is quietly crooning the spacey tune "... and I feeeeel like I've been ... here before..."
Our last two weekly missives have highlighted gold's being technically "high" near-term, (yet fundamentally undervalued -- understatement -- in the broadest sense). And as the above panel shows, gold remains higher than where 'twas at this...