After surging about 50% from my $1810 buy zone in October of last year, gold is finally getting some mainstream media attention.
The bulk of the price discovery process for gold relates to savvy Western commercial traders keying off physical market demand versus mine and scrap supply.
Fake employment reports, endless wars, a soup kitchen called the Fed, free speech in a garbage can, and a soaring US stock market that supposedly proves that all this madness is sanity…
The month of October begins with a pause in gold’s relentless rally against fiat. The pause is likely related to technical factors as well as the Oct 2-7 is “Golden Week” holiday in China. Most dealers and stores close for the holiday. The...
Some Asian money managers are raising their recommended allocation to gold from 15%-20% to 25%. That’s good news.
The most anticipated Fed decision in years occurs on Wednesday. The only real debate is whether it will be a 25bp or 50bp cut. If it’s 50bp, does it mean that inflation is finished, or would it be an indication that something is badly...
Are investors taking “All the news is in” events seriously? This week’s CPI and PPI inflation reports are likely dovish, and the only real debate now amongst stock and gold market analysts is whether next week’s key Fed meet brings a 25bp...
Is the Fed making another mistake? The next Fed meeting and interest rate decision is scheduled for September 18. Analysts in both the gold and mainstream investing communities feel that rate cuts should have already happened, and the...
As the tricky stock market crash season months of September and October approach, I’ve urged heavily invested gold stock enthusiasts to consider buying put option insurance, allocating 2%-5% of the portfolio’s value for the purchase.
Gold is the world’s greatest cash (money). For amateurs, setting target prices is most important. Pros simply want to identify price zones where they can eagerly buy more.