With a key US central bank announcement coming on Wednesday (I call it “Jay Day”), more green shoots are in play for gold.
A look at gold’s technical posture going into this key event.The daily gold chart.Note the “green shoot buy...
The powerful sell signal for the Nasdaq that I issued in February has been followed by a disturbing “tech wreck” in the US stock market.
The disappointing price action in gold (against the dollar) is mainly related to the perceived rise in real interest rates.
I see green shoots for gold! The daily gold chart. There’s now a double bottom pattern in play. A breakout above the neckline at $1966 would likely see gold surge to $2089… and higher. The sentiment of gold investors with weak hands is at...
My main metals premise for 2021 is that gold looks good, silver looks better, and platinum looks best. Goldman Sachs analyst Jeff Currie now refers to silver as “gold on steroids”. If that’s correct, and I think it is, can platinum be...
While gold feels solid and good news is appearing, silver and bitcoin continue to be the private money world’s brightest lights.
1.Should precious metals investors diversify into other market sectors, like stocks, bonds, and real estate? 2.There’s no simple answer to this question, but generally speaking, an investor who is patient and buys the major support zones...
The traditional Chinese New Year “firecracker rally” for gold may be a dud this year, but investors who followed my “buy into $1788 and sell some into $1966” recommendation are in great shape.
The year 2020 was a solid year for gold, silver, and associated miners.The juniors were particularly impressive. The important weekly gold chart. It should be clear that the traditional Chinese New Year gold price rally is officially...
Gold often begins a significant seasonal rally around the time of the Fed’s December meeting. The next Fed meet begins today… and gold is up nicely this morning!