$XAU $GLD $USD The Latin phrase Premeditatio Malorum tells us to prepare for all evils, and that means to prepare investment portfolios for all risks. It may take more time than most expect for the world economy to recover from the psychological and financial impacts of The China Virus chaos. But what that chaos proved was that […]
$XAU $XAG $GLD $SLV $USD Gold, forests, property stocks, inflation-linked bonds, these are just some of the assets investors are betting lots money into on the view that the recent explosion of government spending and Fed stimulus may rouse inflation from its 10 yrs+ sleep. If inflation really is “the dog that didn’t bark”, failing […]
$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 […]
$XAU $GLD $XAG $SLV $PLAT Gold rose Monday after the prior session’s decline, that boosted by hopes of dovish monetary policy from the FOMC Wednesday. Spot gold rose 0.5% to 1,692.86 oz by 12:23 p ET (1623 GMT) US gold futures rose 0.9% to 1,698.10 oz Expect the Fed to continue to continue it dovish […]
$USO $UNG $XAU $XAG $CU Thursday, President Trump on Thursday is signed an executive order that gives federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements. The order is billed as a way to “support and accelerate” the economic recovery from the impacts of the C-19 coronavirus chaos and […]
$SLV $XAG $HL $AG $EXK Since mid-March, the response of governments worldwide to the C-19 coronavirus chaos has led to disrupted mining activities worldwide. A total of 32 countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines as of 3 April, though that number has since dropped […]
$XAU $GLD $XAG $SLV $USD Gold slipped for a 3rd day running as countries moves toward easing stay at home restrictions and reopening economies lessened desires for safe-haven assets. Spain announced loosening measures after Tuesday’s weekly cabinet meeting. France’s PM to present the blueprint for opening up to the National Assembly. Several US states have […]
$GLD $XAU $SLV $XAG $USD Australia’s largest gold refinery has ramped up production of 1 kilogram bars to ease the supply squeeze in the US that helped propel a surge in the premium for New York futures. The collapse in air travel that’s grounded passenger jets used to transport gold products and virus-related disruptions to some […]
$XAU XAG $PLAT As the COVID-19 pandemic erupted, so too did demand for newly minted platinum, gold, and silver coins from the US Mint. In times of crisis and doubt, investors move some assets to safe-havens. The demand is so high it is currently stripping the Mint’s supply. And if history is any indicator, it […]
$GLD $XAU $SLV $XAG $USD With the Fed printing lots of cash, rising inflation is a possibility. If that is the case, gold will to do well. On Top of that, gold has proven its reputation as a good investment throughout these past few months, it is up 16% YTD. While stocks absolutely plunged in response […]
$XAU $GLD $XAG $SLV Gold extended its rally to mark it highest level in almost 8 yrs on concern that the health crisis will have a deep and lasting effect on the global economy, thus boosting demand for the safe-haven. Futures in New York moved close to 1,800 oz, a mark last seen in Y […]
$XAU $GLD $XAG $SLV $PLAT $USD $JPY $MTA Gold prices spiked up Monday, extending a 3-session rally Monday gold futures for delivery on the COMEX exchange were up nearly 3% or +47.60 at 1693.30 just shy of the intra-day high at 1695.90. That was the highest mark in 2 wks, in a rally driven by […]
$XAU $GLD, $BAR, $XAG $SLV Tuesday, Gold prices marked their largest daily percentage gainer in more than 10 yrs as the precious Yellow metal extended its rally on demand/supply issues and moves by the Fed to address the coronavirus crisis. The Fed announcement Monday “signals there is a new sheriff in town as the Fed […]
$XAU $GLD $XAG $SLV $PLAT $USD Gold prices fell Monday as investors stockpile cash, with a rising numbers of coronavirus-led national lockdowns threatening to overshadow stimulus measures from global central banks to combat the economic damage. Spot gold edged down 0.2% to 1,494.63 oz by 0320 GMT, after rising as much as 3.1% in the […]
$XAU $GLD $XAG $SLV The correcting stock market and global coronavirus pandemic have triggered sudden and irreversible demand for precious metals Each decade has a distinct investment theme. As the decade unfolds, one asset class rises to the Top and outperforms everything else. Below are some examples, as follows: During the 1990’s, the stock market […]
$XAU $GLD $XAG $SLV $USD Monday, gold futures fell to settle at their lowest mark since December, and silver futures finished at their lowest mark in over 10+yrs, as the Fed’s emergency decision to slash interest rates failed to stem losses in the stock market, sending traders scrambling for cash. Prices for the 2 precious […]
$DIA $XAU $USO What a wild week; I am overwhelmed! In my articles I usually find a narrative theme in which to insert my graphics But this week the only theme that comes to mind is what an awful week it was, just awful. Come to think of it, that’s actually a pretty good theme […]
$XAU $GLD $XAG $SLV $USD Gold spiked Tuesday, rising 49, at 1,638 oz. There will be more gains as more investors view the precious Yellow metal as insurance against financial market instability at a time of ultra-low interest rates. Gold got a lift from the Fed’s anticipated move Tuesday to cut its Key short-term rate […]
$XAU $XAG $GLV $SLV $USD Gold futures rebounded Monday, tacking on nearly 2% after suffering the sharpest drop since Y 2013 in the previous session, finding support as central banks promise to act appropriately to mitigate the effect of a viral outbreak that is expected to hurt global economies and supply chains. Bank of Japan […]
$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 […]
$GLD $XAU $SLV $XAG Gold prices finished lower Tuesday, giving back some of the prior session’s safe-haven driven gains in a round of profit-taking. Gold for April delivery GCJ20, -0.42% on COMEX fell 26.60, or 1.6%, to settle at 1,650 oz, while March silver SIH20, -0.69% dropped 0.685 , or 3.6%, to 18.191 oz. Gold advanced 1.7% on Monday to a 7 yr […]
$GLD $XAU $SLV $XAG $USD $EUR Concerns about the human and economic cost of the coronavirus continues to drive the need for strategic diversification and safe haven demand. Pro-cyclical commodities such as crude oil and copper meanwhile saw their recent recovery falter in face of renewed concern over the virus spreading outside of China. Commodity […]
$XAU $XAG $GLD $SLV $DJIA $USD The week closed with the Dow Jones down almost 2% from its last all-time high. Realize the bulls are only happy when the object of their affection is making new all-time highs, something the DJIA failed to do this week. So with the Dow Jones down 1.89% from its […]
$XAU $GLD $XAG $SLV Thursday, Gold prices rose for a 2nd day running as the momentum behind this week’s rally in risk assets faded ahead of the US NFPs report Friday. By 11:10a EST (1610 GMT), gold futures for delivery on the COMEX exchange were up 0.3% at 1,567.15, while spot gold was up 0.4% […]
$GLD, $SLV, $GXDJ, $XAU, $XAG With Wednesday’s Fed meeting past, precious metals can resume their uptrends. A breakout in gold should extend to challenge $1700+ in March. Gold Breaking Out: Prices are just now breaking free from the January mid-cycle consolidation. Prices should continue higher for another 4-6 wks and challenge 1700+ in March before this 6-month […]
$XAU, $GLD, $GDX, $GDXJ, $SLV After bottoming in November, GDX has underperformed and failed to make new highs while gold spiked above 1600 on geopolitical concerns. The next few days are Key. To maintain the potential for an immediate breakout, miners must hold support and turn higher. Failing to keep this level and closing below […]
$XAU, $GLD, $XAG, $SLV, $USD Gold’s entered a gentle climb North after marking the 12 November lows. It was not until the Thursday before Christmas when prices verified a cyclical breakout. The initial breakout surge is slowing as the precious Yellow metal enters a mid-cycle correction. Key support is between 1520 – 1540. Once completed, […]
$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]
$MTAFD Metalla Royalty & Streaming Ltd. (TSXV:MTA) (OTCQB:MTAFD) is pleased to announce that its common shares have been approved for listing on the NYSE American LLC. Metalla expects its common shares will commence trading on the NYSE American as of market open on 8 January 2020 under the ticker symbol “MTA”. Metalla’s common shares will continue […]
$GLD, $XAU, $SLV, $XAG, $PLAT, $USD Gold marked its biggest weekly gainer in more than 4 months, with a decline in USD boosting demand for the precious Yellow metal as an alternative asset. The Buck slipped Vs all of its peers, on track to erase its Y 2019 gains. Gold has gained 18% this year, […]
$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]
$GLD, $XAU, $SLV, $XAG, $USD Gold prices look to end the year more than 15% higher, on track to post their biggest annual gainer in 9 years. “Gold has seen considerable safe haven buying from investors concerned over low and negative yields in the bond market and fearing a possible downturn in equities,” said the […]
$XAU, $GLD, $USD, $XAG, $SLV The following is a deep dive into past Gold’s Price History by James Anderson who begins with a gold price chart covering more than the last 700 years. Leading into the USD price of gold since the 1776 founding of the United States of America (USA) through the post-1971 fully fiat […]
$GLD $XAU, $SLV, $XAG, $USD Macro events stalled the rally in Gold over the past 2 months. Now, it appears Gold is set up for another rally pushing much higher. Gold broke down from a Bull Market in Ys 2012/2013, that is nearly 7 years ago. Now, Gold has broken resistance near 1375 and is technically […]
$XAU, $GLD, $USD, $XAG, $SLV Now it is the time of year to predict where gold prices will go in Y 2020. The forecasts’ are worth paying attention to because the experts use a number of factors, ranging from central bank policy to geopolitics to cycle analysis, to make their calls. There is something for […]
$XAU, $GLD, $XAG, $SLV Gold fell Monday, pressured by a round of upbeat data on Chinese manufacturing activity, but prices finished above the session lows as weakness in the US manufacturing index dulled appetite for stocks. “Positive economic news” from the US and across the world, if any, “can result in sharp corrections for gold,” […]
$XAU, $XAG, $GLD, $SLV, $USD The title of this analysis may seem perplexing, but it’s really isn’t. Gold can rally up and down. In fact, any market can. They just can’t do it at the same time. Gold and Silver bottomed several days ago and they are now moving higher and their rally is likely to continue […]
$GLD, $XAU, $SLV, $XAG. $USD Gold flat to little changed Monday, after a near 1% jump in the session, Friday’s as investors awaited a Fed rate decision later in the week, while progress in US-China trade talks limited upside. Spot gold steady at $1,504.44 oz as of 0326 GMT, US gold futures were up 0.1% […]
$XAU, $XAG, $GLD, $SLV, $USD Gold prices climbed above the Key $1,500 mark Thursday to mark their highest finish in about two weeks, as a monthly drop in U.S. durable goods orders buoyed haven appeal for the metal. The dismal durable goods number is helping boost gold prices as recession fears are again on the […]
$DIA, $XAU, $XAG At week’s end we find the Dow Jones with a bearish, picture-perfect head and shoulders technical formation. The left shoulder goes back to last April, the head in early July and the right shoulder at the close of the week. So, is the market a sell as September 2019 comes to a […]
$XAU, $XAG, $GLD, $SLV Central banks around the world are buying gold in near-record amounts to shore up their financial positions before the next crisis occurs. Most investors understand that gold plays a valuable role in a sound investment portfolio, but unless you are already a gold investor you likely do not know of best […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX This week the Fed cut interest rates for the 2nd time since the Great Recession, and found its hands full with another event with potentially catastrophic implications for the economy. In short, liquidity in the repo markets, a critical cog in the financial system machine seized Tuesday. In response, […]
$XAU, $XAG Special Report: Gold, How To… With gold prices up about 20% YTD signs of a global growth slowdown and geopolitical tensions, precious metals are getting a close look from investors seeking insurance for their individual retirement accounts. That is real, physical gold and silver coins or bars, not the precious-metals ETF’s or mining-company […]
Gold prices are modestly higher in early U.S. trading Thursday, but silver continues to power ahead with sharp gains to hit another more-than-two-year high overnight. Safe-haven demand and technical buying continue to be featured in both metals. December gold futures were last up $4.60 an ounce at 1,553.70. December Comex silver prices were last up $0.279 at $18.74 an ounce. A slightly […]
Silver 1 OZ 999 NY (XAG=X) price outpaces Gold SILVER PRICES again outpaced gold in London trade Wednesday, hitting 29-month highs as the dearer precious metal held $10 below this week’s spike to new 6-year highs on a fresh fall in longer-term interest rates across the rich Western economies. US bond yields fell to new 3-year […]
$GLD, $SLV, $USD, $XAU, $XAG Gold rose more than 1% Tuesday as fears of a possible recession gripped investors following disappointing US economic data, while silver marked $18 for the 1st time in nearly 2 years. Spot gold was up 1% at $1,540.57 oz at 1:41p EDT (1741 GMT), US gold futures for December settled […]
$XAU, $XAG, $GLD, $GDX, $GOLD, $NEW, $FNV, $AEM, $AU, $RGLD, $KGC, $GFI, $GDX, $GDXJ Investors buy gold for several reasons, but the Key 1 is geopolitical uncertainty, it is a powerful force when it comes to gold demand. With China devaluing its RMB Yuan and halting purchases of US agricultural products in response to President Trump’s additional […]
$XAU, $XAG,$USD The history of gold is nearly as long as the history of human civilization. Gold has been inextricably linked to human civilizations since at least Y 6000 BC. There is absolutely no way of looking at the history of the world without encountering the history of gold. Most importantly, gold has been used as […]
$FB, $USO, $XAU, $XAG, $USD, $JPY, $EUR President Trump gives his voice to increasingly public impatience with what we analysts call macro-economics. The Fed targets 2% inflation as a compromise between accomplishing strong growth and stable prices. Since the Y 2008 financial crisis, whether unemployment was 10% or less than 4%, no matter how high or low […]
$XAU, $XAG, $GLD, $USD The economist John Maynard Keynes called gold a “barbarous relic”, suggesting that its usefulness as money is an artifact of the past. In an era filled with cashless transactions and hundreds of cryptocurrencies, this statement seems truer today than in Keynes’ time. But, gold also possesses elemental properties that has made […]
$XAU, $XAG, $GLD, $SLV, $GOLD, $MTAFF For millennia man has looked at gold as a store is value. And now when the economy is questionable and when the stock market is volatile, many investors turn to gold as a safe-haven and portfolio insurance. So, if gold is on your mind now, check your goals and long-term […]
$GLD, $XAU, $XAG FLASH: Global demand for gold in Y 2019 will rise to the highest in 4 years as higher consumption by the world’s jewelers offsets a fall in purchases by central banks, an industry report says.. The world will consume 4,370 tonnes of gold this year, the most since Y 2015 and up […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Note: China’s PMI number was the most significant monthly increase since Y 2012, which should ease concerns around a potential threat to Crude Oil demand. In Asia Gold: Gold prices declined to a more than 3-week lows Tuesday as waning global economic slowdown concerns lifted […]
SILVER 1 OZ 999 NY (XAG=X) Heffx Daily Review Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 16.83. The projected upper bound is: 17.70. The projected lower bound is: 16.70. The projected closing price is: 17.20. […]
Shayne Heffernan Silver Report Silver closed down -0.085 at 17.340. Volume was 8,900% above average (trending) and Bollinger Bands were 12% wider than normal. Open High Low Close Volume___ 17.424 17.486 17.180 17.340 12,795 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 16.75 16.69 15.28 Volatility: […]
Shayne Heffernan Silver Report PREC.M.XAG= closed up 0.030 at 17.310. Volume was 8,900% above average (trending) and Bollinger Bands were 5% wider than normal. Open High Low Close Volume___ 17.267 17.369 17.120 17.310 11,914 Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 16.47 16.60 15.25 Volatility: […]
Shayne Heffernan Silver Report Silver looks close to a turn so we are once again building our long term position at HEFFX. PREC.M.XAG= closed down -0.050 at 16.250. Volume was 8,900% above average (trending) and Bollinger Bands were 14% wider than normal. Open High Low Close Volume___ 16.301 16.362 16.120 16.250 14,137 Technical Outlook Short […]