Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Commodities are all mixed; precious metals reversed to Bullish over the next couple of sessions, while Crude Oil prices remain stable, Copper looks Bullish for the coming sessions. PE Brent Crude at 55.39, and WTI Crude Oil at 50.23 are stable and may come […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Commodities are all mixed; precious metals look Bearish over the next couple of sessions, while Crude Oil prices may remain stable, Copper looks Bullish for the coming sessions. PE Brent Crude at 55.39 has immediate resistance near 56-57 region and could come off […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 55.72 has been rising in line with expectations and could rise to 56.65 in here. WTI Crude Oil at 49.91 is stable, and could trade sideways for a couple of sessions before moving up to 51. Near term […]

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership + $GLD,$SLV, $PPLT, $USD Every US President gets the chance to influence Fed policy through nominations to the central bank’s Board of Governors. But, most often, that chance is limited to a small number of nominations, 3 max, including a nomination for Chairperson. But President Trump is […]

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming $GLD, $SLV, $EXCFF, $IBM, $WMT To start this is gold’s step sum chart going back to November 2010.  For almost a year (November 2010 to August 2011) gold’s step sum saw an amazing ascent; rising from 220 to 275 (55 net advancing days) in a […]

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening $GLD, $SLV Gold fell Friday after a European Central Bank official called for scaling back the bank’s stimulus program, although losses were capped when weaker than expected US economic data raised some questions about further rate hikes. ECB board member Sabine Lautenschlaeger made the most explicit […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 55.24 saw a high near 55.99 Thursday and may try for higher marks if it manages to remain above near term support at 54.65. WTI Crude Oil at 49.68 may also try to move up to 52 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Precious metals are in a corrective mode after the recent rally in the last few weeks. Only Crude Oil prices look Bullish near term as they are on the verge of breaking 1st resistances to move higher. PE Gold at 1321.38 may have made […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1336 moved higher and trading within the range of 1327-1363. Will stay on the buy side while it is trades above 1325-27. A close below 1325 could open up 1303 next. Silver at 17.93 is almost unchanged and trading […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1329 moved lower in line with my short term Bearish view due to overbought condition and renewed strength in .DXY. The trading range for Gold is now 1327-1363, and a close below 1327 could open up 1303. Silver at […]

The Ways to Invest in Gold and Silver

The Ways to Invest in Gold and Silver

The Ways to Invest in Gold and Silver $GLD, $SLV, $ABX, $WPM, $EXCFF The experts say that owning Gold is a secure safe-have investment for protection against inflation or other economic uncertainties in anyone’s financial plans. The Big Q: What does one do to own a piece of the precious Yellow metal? The Big A: […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1341 moved lower to cover its overbought condition, the immediate trading range of 1326-1361 is still intact. Silver at 17.95 also moved lower within its range of 17.40-18.05. Note: Gold and Silver medium term are out of their short […]

Shayne Heffernan Gold Report

Shayne Heffernan Gold Report

Shayne Heffernan Gold Report Globally, gold prices fell 0.19% to $1,346 an ounce after hitting one-year high of $1,357.64 an ounce. Silver prices dropped 0.91% to $17.93 an ounce in New York in Friday’s trade. The current period of elevated uncertainty, both in terms of U.S. domestic policy and in foreign diplomacy, is supporting gold […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weaker, Gold stronger. PE Gold at 1356 moved North and met my target of 1350 as USD (.DXY) in trading below 91.50. The range for Gold is now within 1335-1371 with an interim support at 1345. Gold is overbought (can stay that way […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weak, Gold strong. PE Gold at 1338 is hanging around near term support at 1335 with no directional bias. As it is gets overbought, a fall to 1303 may be seen a clear break of 1335. Silver at 17.98 trades within the range […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weaker, Gold stronger. PE Gold at 1344 moved higher as The US Dollar (.DXY) Index failed to hold 92.50  and came down 92.29. The trading range for Gold is 1280-1350 with interim support at 1335. Gold is overbought near term so, I […]

China Begins Resetting The World’s Reserve Currency System

China Begins Resetting The World’s Reserve Currency System

China Begins Resetting The World’s Reserve Currency System $GLD, $OIL, $CNY It is a strategic move swapping Crude Oil for Gold, rather than for US Treasuries, which can be printed at will. A report released by the Nikkei Asian Review indicates that China is prepared to release a RMB Yuan denominated Crude Oil futures contract […]

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold

Cryptocurrency Crackdown Sparks a Rush to Gold $BTCUSD, $GLD, $BAC Market guru Mark Mobius said he is sensing danger in the explosive growth of cryptocurrencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mr. Mobius, Executive Chairman at […]

Gold Marks a Fresh 2017 High, Stocks Drop on NKorea Tensions

Gold Marks a Fresh 2017 High, Stocks Drop on NKorea Tensions

Gold Marks a Fresh 2017 High, Stocks Drop on NKorea Tensions $GLD NKorea launches or threatens to launch a missile, Gold rises, stocks fall, things calm down and stocks make up their losses, what has been a recurring story YTD. The Big Q: Is it different this time? The Big A: After NKorea said it […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1341 is headed to 1350 with the support at 1335 intact. The is concern about the sustainability beyond 1350-55, due to short term overbought condition. Silver at 17.96 is highly overbought in here, and price correction to 17.50 could […]

WW3: Gold Prices Could Rise to $10,000 oz

WW3: Gold Prices Could Rise to $10,000 oz

WW3: Gold Prices Could Rise to $10,000 oz $GLD, $SLV, $USD, $DXY, $AUD, $JPY Sunday, best-selling author James Rickards warned that Gold is poised to spike to 10,000 oz because of global political instability. Personally, I expect Gold attack the resistance at 1,500 in Y 2018. And not be shocked by a run that brings it […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1324 moved higher as .DXY failed to hold its ground above 93. The trading range for Gold is 1280-1350 with an interim resistance at 1335. Gold is not overbought in here thus a quick rally could be seen on […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1307 responded to its highly overbought condition and moved lower in line with my expectation, but there is no change in the trading range within 1280-1350, with a pivot at 1300. I am Bullish Gold while it is trading […]

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at $1300 oz, Next? $GLD Gold has broken the 1,300 0z  the Psych resistance mark that has held since October 2016. Today the metal trades at 1,324. This rise is being attributed in part to a weakened USD after the head of the ECB refrained from talking down […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1318 is trading above 1300 due to weakness in .DXY at 92.24, the trading range for Gold is within 1280-1350 with a pivot at 1300. Gold is highly overbought near term, so I am not confident about the sustainability […]

Gold Rises to 2017 Highs on NKorea Missile Test, Stocks Ignore Event

Gold Rises to 2017 Highs on NKorea Missile Test, Stocks Ignore Event

Gold Rises to 2017 Highs on NKorea Missile Test, Stocks Ignore Event $DIA, $SPY, $QQQ, $VXX Investors Shrug Off NKorean Missile Launch Gold rallied to the highest level this year after North Korea fired a ballistic missile over Japan, boosting haven demand. Palladium extended a rally and platinum rose above $1,000 an ounce. NKorea rattled […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1323 is now stable just above its Psych  support at 1300 . The next resistance at 1350. My concern is the near term overbought condition in Gold, so a short term correction is needed to 1300ish before the next […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1294.38 is stable just below Key psych resistance at 1300 and has been ranged within 1280-1295 region several sessions.  Could this mean that the stability in the price is an indication of a base building before a sharp […]

Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge

Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge

Morgan Stanley Notes: Bitcoin Cannot Match Gold as Inflation Hedge $GLD, $BTCUSD, $MS, $GS Bitcoin is better than Gold and is probably better than conventional fiat (paper) currencies as a medium of exchange. But the conventional view that this new cryptocurrency is also superior to Gold as a hedge against inflation and uncertainty still needs […]

US Market and Asian Markets Quiet Ahead of Jackson Hole

US Market and Asian Markets Quiet Ahead of Jackson Hole

US Market and Asian Markets Quiet Ahead of Jackson Hole $DIA, $USO, $UGA, $GLD Investors continued to remain on the sidelines in anticipation of the Jackson Hole Symposium Friday. All of the US major indices all posted moderate losses again in light trading, with a counter trend for small caps, as the Russell gained 4 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1289 did not move higher than its psych resistance at 1300, could remain in a sideways channel of 1275-1298 Thursday and Friday. Silver at 16.93 is ranged within 16.50-17.05, a daily close above 17.05 could open up 17.50. Copper […]

On Market Breadth and NYSE 52Wk Highs and Lows

On Market Breadth and NYSE 52Wk Highs and Lows

On Market Breadth and NYSE 52Wk Highs and Lows $DIA, $GLD, $SLV Here’s the Bear’s Eye View (BEV) for the Dow Jones (DJIA) going back to January 1982, a period of market history that covers the entire August 1982 to August 2017 market advance. What’s a BEV plot? It displays the market exactly as Mr […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1289 is hanging around Key psych resistance at 1300 and if this resistance breaks, a fast move to 1317-25 cannot be ruled out. Or it remains in a sideways move which may push it to the support of 1275 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1294 moved up in line with my expectation, while it remains above 1275-80 there is chance of re-testing 1300-07 near term. Barring that, a fall towards 1260 is possible. Note: As .DXY at 92.92 is headed to 92.50, […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary:  The commodities listed below are all trading below resistances and could move up in the next few sessions before seeing a corrective dip medium term. PE Gold at 1285.62 came off from resistance at 1300, but while it remains above 1275, there […]

MBZ-Maybach Unveiled its Vision 6 Cabriolet

MBZ-Maybach Unveiled its Vision 6 Cabriolet

MBZ-Maybach Unveiled its Vision 6 Cabriolet Concept $DDAIF Last night at Pebble Beach in Carmel, California, Mercedes-Benz, a unit of Daimler AG (OTCMKT:DDAIF) unveiled the Mercedes-Maybach Vision 6 Cabriolet. Like the Vision Mercedes-Maybach 6 concept that the company unveiled last year at Pebble Beach, the Maybach 6 Cabriolet is an EV (electric car), has a drive […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1292 is hanging around its Key psych resistance at 1300 and if it resistance breaks, a quick move to 1317-25 cannot be ruled out. Otherwise it will stay in a sideways move that may take it to support at […]

Gold and Crude Oil Briefing

Gold and Crude Oil Briefing

Gold and Crude Oil Briefing $GLD, $OIL, $USO Commentary: Crude Oil falling on Very Bullish inventories as the FOMC boost Gold. PE The official US Crude Oil inventories delivered Wednesday announcing a huge drawdown, but crude prices themselves did not. After a brief rally following the numbers, both Brent Crude, and WTI Crude Oil collapsed […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1279 struggles to rise above 1300, only a break above that may open up the higher target at 1327. Crucial supports stands at 1258 and 1230. If support at 1230 breaks, there will be a further decline […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Overall Crude Oil prices could fall in the coming sessions; Silver could have some more room to the Northside; Gold looks Bearish. PE Gold at 1287.59 has come from 1292 seen last week. 1st resistance is seen near 1296, which if holds could […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold  at 1291 rose in line with expectations and broke above 1st resistance at 1285 thus it might continue the rally to 1300-1315. Failure to rise above 1300 may push it to 1280, then 1267. Will remain Bullish Gold while it […]

Gold is an “All Weather Investment”

Gold is an “All Weather Investment”

Gold is an “All Weather Investment” $GLD The Big Q: What do savvy Wall Street traders see in physical Gold, and why are they adamant about holding it? The former head of ETF Trading at Lehman Brothers said he discovered Gold in Y 2005 when the launch of the SPDR Gold Shares ETF (NYSEArca:GLD) drew his attention […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1276.42 has risen in line with our expectations but needs a break above the immediate resistance of 1285 to continue the rally towards 1300. Failure to rise above 1285 may push it back to 1250, but at this […]

The DJIA Has Been Moving from 1 New All-time High to Another

The DJIA Has Been Moving from 1 New All-time High to Another

The DJIA Has Been Moving from 1 New All-time High to Another $DIA, $GLD, $VXX The last article I sent out was on the weekend of July 15, and since then the DJIA has seen 10 new all-time highs. In fact, since July 11 the Dow Jones Industrial Average has increased from 21,409.07 to 22,092.81 […]

Managed Money Saying ‘Reduce Risk’

Managed Money Saying ‘Reduce Risk’

Managed Money Saying ‘Reduce Risk’ $DIA, $SPY, $QQQ, $GLD, $VXX Some of the biggest money managers have a message for investors, it is time to reduce risk, aka take some profits off of the table. Investors should pare US stocks and high-yield debt while shifting to lower-risk assets, such as Treasuries and mortgage-backed securities, according to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: These markets are ignoring the US-NKorea saber rattling.. PE Gold at 1264.87 holding above the support of 1245. Only on a break below 1245 sees lower marks to 1230-10 coming into focus. Silver at 16.51 rose above the resistance at 16.50, making the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Neither Gold at 1260, or Silver at 16.28 has moved in the last session with almost all the commodities, irrespective of the category, have taken a pause after sharp expansion of volatility the last few days. Note: In case the support […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Failure to rise above the resistance of 1270-75 has dragged Gold at 1258 down as it test 1st support at 1258 below which comes 1245 next. And in case the support at 1245 breaks, there will be a further dip to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold  at 1267 is struggling to rise above 1270-75, and only a break above that mark openss up the higher target of 1295. Major supports are at 1258 and 1245. Should the support at 1245 break, there will be a fall […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1263 is ranged within 1245-75. It has a major support at 1245. If it holds, we can see a rise towards 1275. Recent sideways move had helped Gold to get out of its short term overbought territory but it […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1266 is working to rise above 1270-75, and only a clear break above that opens up 1290. Key supports stand at 1260 and 1245. Again, not confident about the sustainability beyond 1270 due to short term overbought condition. If […]

METALLA CLOSES ACQUISITION OF ROYALTY & STREAMING PORTFOLIO 

METALLA CLOSES ACQUISITION OF ROYALTY & STREAMING PORTFOLIO 

METALLA CLOSES ACQUISITION OF ROYALTY & STREAMING PORTFOLIO $EXCFF, $CDE, $GLD, $SLV Metalla Royalty & Streaming Ltd. (CSE:MTA) (OTCQB:EXCFF) (FRANKFURT:X9CP) say that it has closed the transaction announced on 12 June 2017 in accordance with the Share and Asset Purchase Agreement entered into with Coeur Mining, Inc. (NYSE:CDE) and certain subsidiaries of Coeur Mining dated […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: No Change, USD continues to weaken. PE Gold at 1272 struggling to close above 1273-75, and only a close above that may open up targets at 1298 and 1307, Key supports are at 1258 and 1245. Not confident about the sustainability beyond […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1268 moved higher and hanging near my target at 1270. Now it is ranged with 1258-70. Gold is overbought near term, so, I am not confident about price sustainability beyond 1270. There is a possibility of a correction towards […]

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver $GLD, $USD, $SLV The US Dollar (.DXY) Index has been moving lower, retreating 9% in 5 months, from 102 in March to its current 93.39. Not surprisingly, Gold has risen almost 10% in USD terms during this frame. Earlier this year many participant expected USD to continue its […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1260 is ranged within 1245-70. It has Key support at 1245. If that holds, see a rise to 1270. As Gold is overbought near term, am not confident about the sustainability beyond 1270ish. But, in case the support […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened on continuing weakness seen in the USD at 93.22.PE Gold at 1260 due to fresh weakness in .DXY at 93.22). The trading range for Gold is 1258-1270. Gold is overbought near term time, and am not confident about thits […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened as no sign of recovery had been seen in the USD at 93.80.PE Gold at 1247 is ranged within 1245-58. It has major support at 1245. If it holds, see a rise towards 1258 and 1270. If support at […]

Aeon Metals Ltd (ASX:AML) Highlights

Aeon Metals Ltd (ASX:AML) Highlights

Aeon Metals Ltd (ASX:AML) Highlights Shares of Aeon Metals Ltd (AML.AX) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory. Crossing the 80 mark would suggest that a chance of a reversal is increasing. The Rank Correlation Index (RCI) is based […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened as no sign of recovery had been seen in the USD at 93.80.PE Gold at 1254, and Silver at 16.46 are hanging around their Key resistances at 1260 and 16.50. Gold looks overbought in here, and its trading […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: OPEC meeting in Moscow now. PE Ahead of the OPEC meet in Russia today, both Brent Crude at 48.21, and WTI Crude Oil at 45.86 have corrected sharply, and tested their respective supports of 48 and 46. The Northside chances remain open […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1245, and Silver at 16.33 are hanging around 2nd major resistances at 1246 and 16.50. A clear break above 1245 is necessary for Gold to remain Bullish to 1260 near term, or a fall below 1230 could take […]

Expect DJIA to Trade Above 22,000 in the Coming Weeks, or Days

Expect DJIA to Trade Above 22,000 in the Coming Weeks, or Days

Expect DJIA to Trade Above 22,000 in the Coming Weeks, or Days $DIA, $GLD, $SLV Not unexpected, the Dow Jones made new all-time highs on the last 3 trading days last week. And finished Wednesday +66.02 at 21640.75 for another. The number of BEV Zeros the Dow has made since the November election increases weekly. Since […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold, High Caution warranted in here.PE Gold at 1238, and Silver at 16.21 are trading above their Key support at 1231 and […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold, High Caution warranted in here.PE Note: Bullion strengthened Vs USD Tuesday. Gold at 1240, and Silver at 16.24 are trading above […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold.PE Gold at 1233 broke its major resistance of 1232 and opened up 1245. The recent sideways range for Gold could […]

Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.95 has impacted positively across all the commodities PE Gold at 1231 broke its recent short term down trend channel and is hanging around its major resistance of 1232. A close above that could open […]

Electrical Power Consumption, Economic Growth and Global Warming

Electrical Power Consumption, Economic Growth and Global Warming

Electrical Power Consumption, Economic Growth and Global Warming $DIA, $GLD, $SLV The DJIA had not seen a new all-time high since June 19 until this week, when it closed at record highs 2 days running. But as the Dow Jones’ BEV chart below shows, last week it closed just 0.53% away from a new all-time […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: In the bigger picture, market is continuously ignoring the shortage (-7.3, -3.2 and -6.3-M bbl) in US weekly Crude Oil inventories for last 3 weeks. PE Gold 1221, and Silver 15.92 are trading marginally higher to keep the upside possibilities open. The recent […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1218, and Silver at 15.89) are ranged within 1188-1231 and 15.20-16.10 respectively. Will remain Bearish Bullion while they are trading below 1250 and 16.50. See a bounce towards their resistances can be seen due to near term […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold/WTI Ratio at 27.31 found support at 26, and could move towards 28.5-29 by the end of this week.PE Gold at 1211, and Silver at 15.55 are trading within ranges of 1188-1231 and 15.20-16.10. Will remain Bearish Bullion while they are trading […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1219 is short term oversold and needs a pause before attempting sub 1190 marks. It is hanging around 1120 near term area of support and a pause in the range of 12320-1245 can provide the necessary Bearish momentum. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Note:  Markets are now awaiting US NFPs (non-farm payrolls) for June out this am. for more insight into Fed policy and the future path of USD. Gold at 1219 is oversold and needs a pause to refresh before attempting lower […]

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here $GLD, $USD Gold (NYSEArca:GLD) is ranged within 1,190 and 1250 oz short term as the metal tracks US real interest rates. “We’re not saying we have a Bullish bias; we’re not saying we have a bearish bias,” siad executive director for commodities and foreign exchange at UBS […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1223 is ranged within 1190-1230 and Silver at 16.00 is ranged within 15.80-16.50. So, remain Bearish bullion while Gold and Silver are trading below 1250 and 16.50 marks. Now await the US NFPs for June, due early Friday […]

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights The gold miner announced that it has increased its stake in the highly sought after Brisbane-based gold mining company SolGold plc. Newcrest has invested a further US$40 million in the London AIM-listed company and now holds 14.5% of the issued equity in SolGold. Late last year mining giant BHP […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1222 is trading within the range of 1190-1230 and Silver at 16.16 is within 15.80-16.50. Recall, that on 27 June, I said, “1233 for Gold and 16.45 for Silver fail to hold for the week then gradual selling […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1237 is oversold and needs a pause before attempting lower marks, the support is at 1230, a clear break below 1230 is needed before the lower levels of 1193 can be seen. A pause in the range of […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1245, and Silver at 16.60 ranged within 1233-1248 and 16.30-17.10 respectively. If 95 support holds for US Dollar (.DXY) Index at 95.25 then it could bounce to 97, limiting Northside for Gold.  So, Gold and Silver may […]

A Falling Stock Market, A Easing USD That Brings Us Back to Gold

A Falling Stock Market, A Easing USD That Brings Us Back to Gold

A Falling Stock Market, A Easing USD: That Brings Us Back to Gold $GLD, $SLV, $ABX, $GG, $EXCFF, $WPM As the USD falls from the Fed’s continuation of loose money policies, it will lift up Gold prices to unprecedented highs. Plus, recessions are a great environment for Gold During the last 2 recessions, Gold prices […]

The Solid Reasons for Gold in an Investment Portfolio

The Solid Reasons for Gold in an Investment Portfolio

The Solid Reasons for Gold in an Investment Portfolio $GLD,  $SLV,  $ABX,  $EXCFF,  $SLW, $SPY Gold got crushed in The Trump Election rally post election, but a little over 5 months into Y 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far. While the outlook for the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is trading weak against the USD in here. PE Gold at 1246 is trading above immediate support at 1245. A break below 1245 is necessary to turn Bearish towards 1231 near term, a bounce could take towards 1262. Gold is oversold near […]

Gold & Silver: Learning Lessons From “Smart Money”

Gold & Silver: Learning Lessons From “Smart Money”

Gold & Silver: Learning Lessons From “Smart Money” $GLD,  $SLV,  $ABX,  $GG,  $EXCFF,  $SLW There are always lessons that to be learned from the “smart money” Unlike regular investors, money managers like Ray Dalio and Stan Druckenmiller are professional investors. They have institutional teams at that dive deep into the nuances and complexities of the […]

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