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!This is the gold chart. I like the technical action being displayed right now. Here's why:First, $1370 is massive resistance. It's understandable that gold would build a modest head and shoulders top pattern after arrivin...Read More
It's been a wild run lately. Watching U.S. stocks plunge at one point over 10% in the past 10 days has certainly been a sobering experience for investors.Continue...Read More
The Fed is "letting the stock market go."As I've outlined multiple times, if the Fed has to choose between supporting the bond bubble or supporting stocks, it will choose bonds Every. Single. Time.The fact is that in a debt-saturated world such as the one we live in today, if stocks collapse, investors and Wall Street get angry. If bonds collapse, entire countries go bust.Cue NY Fed President Bill...Read More
By Ira EpsteinMetals bump up a bit as US Dollar falls in front of tomorrow's CPI data.https://www.iraepstein.com/ Read More
Full Article: SWOT Analysis: Chinese Gold Consumption Rose By: Frank HolmesStrengthsDespite the headwinds of rising interest rates, gold was the best performing metal this week, although down slightly by 1.24 percent. Gold traders are bullish for the fourth week in a row after the yellow metal posted its biggest monthly advance in five months in January, according to Bloomberg's weekly survey....Read More
"Don't panic, buy the dip, who cares?" or "These are rumblings of an earthquake, people will be hurt like in 1929" - which one is it? I would call it a wake-up call. Let me explain:In recent years, markets had appeared eerily "safe". Central banks promised to do "whatever it takes", provided "forward guidance" to keep rates low, even printed money to buy government debt, calling it "quantitative e...Read More
"I would say it's a bullish market for gold...I wouldn't go on a limb and say it's a bull market." he said in an interview Tuesday. "Spot gold getting upward through $1,328-$1,330 [an ounce] would be impressive, we'll see if it can do that. Right now, it seems to want to do that," he explained.Dennis Gartman has been publishing his daily commentary, The Gartman Letter, since 1987. Over the years,...Read More
By Craig HemkeOver the past five months, we've frequently asked the same question: What changed on September 8?? You may recall that September 8 was the day the bond market abruptly turned, taking with it the USDJPY and DXY. In the wee hours of September 8, the Dollar Index hit 91.01, the USDJPY hit 107.32 and, most importantly, the yield on the 10-year note hit 2.02%. In the five months since,...Read More
The Fed is "letting the stock market go."As I've outlined multiple times, if the Fed has to choose between supporting the bond bubble or supporting stocks, it will choose bonds Every. Single. Time.The fact is that in a debt-saturated world such as the one we live in today, if stocks collapse, investors and Wall Street get angry. If bonds collapse, entire countries go bust.Cue NY Fed President Bill...Read More
Sovereign wealth funds investing in gold for long term returns - PwC- Gold has outperformed equities and bonds over the long term - PwC Research- Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC table)- From 1971 to 2016 (45 years), "gold real returns were approximately 10% while inflation increased 4%"-...Read More
People are fleeing the socialism forced on them in Venezuela by the hundreds of thousands. Starving, and facing violence over crumbs of Continue...Read More
Source: Jack Chan for Streetwise Reports 02/12/2018 Technical analyst Jack Chan charts the latest movements in the gold and silver markets. -->Our proprietary cycle indicator is down.The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.The gold sector is on a short-term sell signal. Short-term...Read More
Yesterday we shared with you Part I - big picture analysis "math" Behind the recent sell-off. Today, we want to show you the what the math is pointing to in the short term and what to expect next.For this type of analysis, we are going to use the Adaptive Dynamic Learning (ADL) modeling system that attempts to tear apart price and technical data from within a chart and reconstruct future price dat...Read More
Graceland Updates By Stewart Thomson 1. 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!2. Please click here now. Double-click to enlarge this gold chart. I like the technical action being displayed right now. Here's why:3. First, $1370 is mass...Read More
According to a U.S. official and three Russians, U.S. military assets killed more than 200 Russian contract soldiers in Syria last week Continue...Read More
The Bank for International Settlements substantially increased its use of gold swaps and other gold-related derivatives during January, according to the bank's statement of account for the month:https://www.bis.org/banking/balsheet/statofacc180131.pdfThis increase follows a large decline in the bank's gold swaps in December. In recent months the BIS has been actively trading gold derivatives.The...Read More
"We contend that the liquidation of the VIX ETPs last week was not due solely to flaws in the design of these products, but instead was driven largelyContinue...Read More
By Axel Merk"Don't panic, buy the dip, who cares?" or "These are rumblings of an earthquake, people will be hurt like in 1929" - which one is it? I would call it a wake-up call. Let me explain:In recent years, markets had appeared eerily "safe". Central banks promised to do "whatever it takes", provided "forward guidance" to keep rates low, even printed money to buy government debt, calling it "...Read More
By Frank HolmesToday I'd like to share a few words about the Olympics, but first, two words: Don't panic.The stock selloffs last Monday and Thursday were the two biggest daily point drops in the history of the Dow Jones Industrial Average, but in terms of percentage point losses, they don't even come close to cracking the top 10 worst days in the past 10 years alone.After a year of record closin...Read More
Gold has staged a superb rebound from the $1310 support zone, but that was overshadowed by the truly spectacular reversals takingContinue...Read More