Good things come to those who wait, because patience is a virtue. Over the past few days, various Fed presidents and governors have made both hawkish and dovish statements. The US stock market and gold stocks have reacted violently to...
Gold has a rough general tendency to decline ahead of the monthly US jobs report, and to gyrate wildly when the report is released…then rally modestly higher for another one to three weeks. The cycle tends to repeat itself with varying...
At the current pace of Quantitative Easing, Japan’s central bank is buying so many bonds that it now has about 24 months left before there are no more bonds left to buy. The BOJ is buying close to $800 billion (USD) of bonds annually. The...
In the gold market, all analytical eyes should be on the Jackson Hole central banking conference. Janet Yellen makes her speech this Friday.
The US dollar is coming under severe pressure vis-a-vis the Japanese yen this morning. That’s good news for gold.
Gold price bulls and bears may all be getting a bit frustrated now, as gold refuses to follow their predicted paths…and simply meanders sideways.
For the Western gold community, the main theme for 2016 continues to be: “Let the good times roll!” GDX just raced to yet another new high for the year. My next target prices are $33 and $37. Technically, the situation is superb. There’s...
The gold market is quiet…displaying seasonal softness. However, that may be about to change as both the US and Japanese central banks are having policy meetings this week. The Fed meets on Wednesday, followed by the BOJ on Thursday. There...
“Perp Bond Thunder” is the new gold price driver in play. Moreover, it has the potential to influence major markets for many years into the future.
Gold stocks continue to take out key highs, but in the big picture, the upside action has barely started.