Gold and Japanese fiat are unlikely friends. During economic crisis, money managers treat both gold and the yen as safe havens. Top FOREX traders use the action of the dollar against the yen for cues to place bets on gold against the...
The gold price rally is accelerating. That’s the four hour bars gold chart, and the price action is solid. Gold has broken out to the upside, from a second inverse head and shoulders bottom pattern. After a sharp pullback to the $1100 - $...
As the third trading week of 2016 gets underway, gold continues to trade with great stability, regardless of whether global economic news appears to be good or bad.
At the end of the year, I always urge investors to stand aside from the US stock market. That’s because major money managers tend to move large amounts of liquidity during the first week of January, setting the tone for the year.
The US dollar has begun 2016 by staging a horrific technical meltdown against the Japanese Yen.
The year of 2016 looks very good for gold and related assets for a veritable myriad of reasons. First, while gold bullion recently traded below its summer low, about 75% of GDX component stocks are trading higher. That’s a classic...
Tomorrow’s FOMC announcement is arguably the most important Fed event of the past 35 years. It’s a defining moment in Janet Yellen’s career, and so I’ve dubbed it as… “J-Day”! The bottom line: Janet Yellen is going to attempt to raise...
When times change, champions change with the times. To survive in the West’s new era of long-term slow growth, business owners have essentially had to reinvent themselves. Their mantra is adapt or die.
The news is out, and the news is good; the IMF has decided to include the yuan in its SDR virtual currency basket. Donald Trump and other “protectionists” have argued that the yuan is undervalued against the dollar. In contrast, I’ve...
The case for gold ownership is not any weaker or stronger now, than it was a thousand years ago. Gold is the world’s ultimate asset, and that’s irrespective of whether the price is currently rising or falling.