Gold is Undervalued, Balanced Portfolios Should Own Some, Some Silver Too

Gold is Undervalued, Balanced Portfolios Should Own Some, Some Silver Too

$XAU $GLD $XAG $SLV $USD $GS Goldie raises 12-month gold forecast by 11% to $2,000 oz; Silver’s 12-month forecast at $22 oz Gold prices are likely to reach $2,000 oz in 12 months on the back of low real interest rates and concerns over currency debasement, even as developed markets emerge from C-19 coronavirus chaos […]

Fx: USD Pacing for Weekly Loss on Fed ‘Big Bang’ Lending Program, Virus Fear Fading

Fx: USD Pacing for Weekly Loss on Fed ‘Big Bang’ Lending Program, Virus Fear Fading

$USD Last time I looked, USD was on pace for a weekly loss Friday as the Fed’s massive new Big Bang lending program for small companies and sa slowdown in coronavirus infections reduced safe-haven demand. The GBP pulled ahead against the dollar and the euro as markets breathed a sigh of relief after British PM […]

Gold Marks a 2nd Straight Session Loss in a “Corrective Pullback”

Gold Marks a 2nd Straight Session Loss in a “Corrective Pullback”

$XAU $GLD $XAG $SLV Gold prices finished lower Wednesday, building on the prior session’s retreat, even as worries remain over the spread of coronavirus outside of China. “It appears the bearish aspect of reduced consumer demand for the precious metals amid the potential for a slowdown in global economic growth is presently trumping the safe-haven […]

Volatile Risk-on, Risk-off Market an Investor Headache

Volatile Risk-on, Risk-off Market an Investor Headache

Volatile Risk-on, Risk-off Market an Investor Headache $DIA, $SPY, $QQQ, $VXX The volatile “risk-on, risk-off” is giving headaches to investors who try to beat the market with traditional methods of measuring value, say analysts at multinational bank HSBC Holdings Plc. Risk-on assets rally when investors are upbeat and fall when the mood turns sour. Risk-off […]