It’s very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US...
As the world transitions from deflation to inflation, investors need to engage in serious sector rotation or they risk being left behind. Income growth in China/India, US government tax cuts, central bank rate hikes, and quantitative...
Gold is showing solid rallies from my $1310 area buy zone (basis April futures). From both a love trade and fear trade perspective, the fundamental picture is becoming more positive.
For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.
I’ve noted that when China’s markets go quiet during the “Golden Week” holiday, the gold price tends to soften.
Gold has staged a superb rebound from the $1310 support zone, but that was overshadowed by the truly spectacular reversals taking place in most of the Western world’s gold stocks!
The appointment of Jerome Powell as new Fed chair is likely the catalyst that ushers in a multi-decade era of rising inflation and soaring gold stocks. I’ve announced a long term target for GDX of $15,000. That really isn’t very high… ...
Technically and fundamentally, gold is poised to resume its magnificent rally that is taking investors into what I call a “bull era.” The next FOMC meeting announcement is tomorrow. I expect the Fed to strongly signal more rate hikes and...
Gold and related investments are off to a very positive start in 2018. I don’t expect any major pause in the action until China’s Golden Week holiday celebrations get underway. Chinese gold dealers will be on holiday this year from about...
I told subscribers to expect $1320 to function as a headwind for gold on this rally, and that’s happening right on schedule. This is the important weekly gold chart. Note that the two biggest volume bars both occurred as key events in...