#gold #stocks $XAU $GLD $USD $DIA $SPY $QQQ $RUTX $VXX Gold futures finished up Tuesday after 5-session of declines that pushed the precious Yellow metal’s prices to their lowest marks in 8+months. Gold futures settled +10.60 (+0.6%) at 1,733.60oz aided in part by a weaker USD and lower bond yields. US major stock indexes finished […]
#gold $XAU $GLD $USD “The precious Yellow metal has been trusted by investors for centuries for its ability to safeguard wealth and protect their assets“– Paul Ebeling Below are some good reasons to buy gold now, as follows: Should Congress approve more massive aid/relief/stimulus packages on Top of the trillions the government has already spent […]
#China #LunarNewYear #Ox #gold $XAU $GLD China’s economic recovery from its virus casedemic may offer some encouragement to gold bulls, as expectations are building that jewelry demand will rebound. Jewelry retailers on the Mainland are reporting strong sales recently as consumer are buying online. The slow start to Y 2020 saw demand in China, the world’s biggest […]
#inflation #food #fuel #FFPI #Fed #money $XAU $XAG $GLD $SLV “The fast inflating price of food and fuel is dangerous, and may have far-reaching societal consequences, hungry people are not happy people” — Paul Ebeling Food prices have been inflating fast since March 2020. The rise is up a lot compared to 3 prior yrs. […]
#USMint #gold #silver #coins $XAU $XAG The United States Mint said Tuesday it was unable to meet surging demand for its gold and silver bullion coins in Y 2020 and through January, due partly to rising chaos demand and plant capacity issues. Sales of US gold bullion coins rose 258% in Y 2020, while silver […]
#markets #rally #Gold #Silver $DIA $RUTX $SPY $QQQ $VXX $XAU $XAG $GLD $SLV Global shares rebounded from last weeks pull back and silver prices spiked Monday driving the Devil’s metal to 8-yr highs. MSCI’s benchmark for global stock markets rose 1.47% to finish at 652.35 Monday. Silver mining stocks rose and precious metals dealers saw […]
#Gold #demand $XAU $GLD $USD Global demand for gold fell to its lowest mark in 11 yrs in Y 2020 on significant stockpiling by investors and collapsing sales of jewelry. The China Virus chaos transformed the geography of the gold trade, driving gold from Asia to Europe and the US, where investors are the dominant […]
#inflation #money #inflation #stagflation #Fed $XAU $GLD “The massive printing of money is going to lead to an economic crisis that Washington insiders are ignoring”-– Steven Forbes There is real danger is printing money, as it leads to inflation and that means higher interest rates, and strains on the economy. Mr. Biden wants not just […]
#gold #inflation #hedge $XAU $GLD $USD Gold reversed and is trading higher this week as the USD weakened on Ms. Yellen “Spend big Now, Pay Later” statement to the Senate Banking Committee and the prospect for more aid/relief/stimulus favoring gold’s appeal as a hedge Vs looming inflation. This sustained move over 1829.90 indicate the presence […]
#inflation #gold #silver #USD $DIA $SPY $QQQ $RUTX $XAU $GLD $XAG $CU $USD $DXY Thursday, Gold and Copper spiked as USD weakened on signs that interests rates will remain at all time lows, boosting inflation expectation ahead. The Dollar Spot index extended declines for a 3rd day running Wednesday, supporting prices of commodities priced in […]
#PaulEbeling #WallStreet $DIA $SPY $QQQ $RUTX $SOX $VXX “The Bulls are still running, despite the political scenario” — Paul Ebeling Last Week’s Action The Small-cap Bulls are running and driving those stocks due North on the notion of a Biden admin $1.9-T aid/relief/stimulus package and Johnson & Johnson’s (NYSE:JNJ) new vaccine. Our technical indicators, sentiment and fundamental internals are beginning to look […]
#inflation #taxes #Democrat #Biden #economy $XAU $GLD $XAG $SLV $USD Joe Biden’s 1st 100 days will set the tone for what that the administration wants to accomplish. The new administration’s economic agenda has priorities that may well differ from yours and mine That is not all… The New Republic points out, a newly elected 50-50 Senate “dramatically […]
#stocks #record #highs #NFPs #Fed #stimulus $DIA $SPY $QQQ $RUTX $VXX “Fed Vice Chairman Clarida does not expect to begin tapering its asset purchases this year“– Paul Ebeling Stocks marked all-time highs on Democrats promise of trillions more of aid/relief/stimulus to further revive the world’s largest economy. The S&P 500 marked its 4th day running […]
#Gold #Dollar #aid/relief/stimulus #PresidentTrump #veto $DIA $SPY $QQQ, RUTX $VXX $XAU $GLD $USD Gold prices ticked higher Wednesday as weakness in USD offset worries about the aid/relief/ stimulus bill after President Trump threatened to veto the over porked legislation. Spot gold rose 0.3% at 1,865.01oz by 0333 GMT, while US gold futures held steady at […]
#Gold $XAU $GLD $USD Gold price was choppy during Monday’s trading session Monday on thin liquidity. The market broke down below the 50-Day EMA, but then reversed to show signs of strength again. But, I believe this is a market that will continue driving North, perhaps reaching to the 1950oz mark. Keep in mind that […]
#Gold #Bulls #USD $DIA $SPY $QQQ $RUTX $VXX $XAU $GLD “Plus, the S&P 500, DJIA, NAS Comp and Russell 2000 index all closed at their highest marks ever as The Trump Rally extended. “— Paul Ebeling Gold rose to a 1-month high after the Fed’s reiterated its commitment to supporting the economy and optimism grew […]
#inflation #money #investments #inflation When first entering the world of finance and investment, there is so much jargon to get your head around. It can really be quite ‘taxing’ (pardon the pun!) on the brain! But as always, I like to keep things nice and simple so the average Joe can understand what I’m talking […]
#gold #virus #demand #chaos $NEM $XAU $GLD Newmont Corp (NYSE:NEM) has forecast higher production of the precious Yellow metal next year at lower costs, expecting to build on a spike in demand experienced during the COVID epidemic chaos. The attraction of gold as a safe-haven asset drove prices up about 23% this year as global […]
#money #credit #debt #asset #value #stock #market #wealth Money management guru Ray Dalio stressed the importance of asset diversification Tuesday saying the “flood of money and credit” was unlikely to recede. “Assets will not decline when measured in the depreciating value of money,” he said. And “I believe that with the enormous amount of debt […]
#Russell2000 $RUTX $RUT $SPY $SPX $DIA $QQQ $CU $XAU $VXX “Tuesday, the Russell 2000 (+1.4%) closed at a record high on encouraging vaccine news and the coming Trump Administration’s aid/relief/stimulus package.“– Paul Ebeling Inflation will likely rise above 2% in Y 2021 and range from 2.25% to 2.4%. The consensus is that inflation may temporarily […]
#gold #stocks #BullMarket #Fed #economy #recovery #stimulus $DIA $SPY $QQQ $RUTX $XAU $GLD $USD $VXX The DJIA is trading at record highs, having broke the 30,000 resistance mark last wk for the 1st time ever. The stock market’s epidemic chaos is over, and investors look forward to continued growth down the line. Now, at the […]
#investors #stocks #virus #recovery $DIA $SPY $SPX $QQQ $RUTX “Pay attention, and always take what the market gives, do not fight the tape or the Fed” — Paul Ebeling After rising about 4.4% from the end of Y 2019, the S&P 500 index SPX, dropped 34% from February to March. The market supported by the Trump […]
#election #metals #mining #energy #jobs #PresidentTrump $XAU $XAG $GLD $SLV $CU $USO With less than a wk to go before the US Presidential election, there is growing speculation as to what a Joe Biden or President Trump win might mean for metals prices and the mining industry overall. Gold prices have performed well over the […]
#gold #precious #metals $XAU $GLD $USD To me, Gold is considered a safe investment. It is supposed to act as a safety net when markets are in decline or are volatile when there is an era of uncertainty as in this Election Year since the price of gold does not typically move with market prices. […]
#gold #silver #coins #bullion #dollar #asset #safehaven #metals #investors #risk $XAU $XAG $GLD $SLV $USD $SPY “I believe investors can still find real safe-haven risk asset protection in the time-tested precious metals asset sector“– Paul Ebeling The US stock market is seeing the longest Bull run in history, and savvy money managers and investors are […]
#PresidentTrump #gold #COMEX #virus #stimulus #legislation $XAU $GLD $USD “Gold prices pared losses and recaptured the 1,900 mark after House Speaker Nancy Pelosi stated that lawmakers are “‘just about there’ on a stimulus deal.” –Paul Ebeling Gold settled lower Thursday, but comments from House Speaker Nancy Pelosi (D-CA) raised hopes for a deal on another round of […]
#inflation #gold #crudeoil #commodities #inflation #bullmarket $XAU $GLD $USD $USO $OIL $CU $USD $GS Goldman Sachs reportedly is forecasting a Bull market for commodities in 2021 based on its outlook for a weaker USD, inflation, and the prospect of further economic and fiscal stimulus. Analysts at the bank Thursday predicted a 12-month return of 30% […]
#gold #silver #USD #prices $XAU $GLD $XAG $SLV $DXY $USD ‘If gold does not break out above 1935 real soon, then get ready for a move back to 1880“– Paul Ebeling Gold prices edged higher for a 3rd day running early Wednesday, driring the precious Yellow metal above a 1-wk peak and toward a 5-wk high, as […]
#gold #price #election #PresidentTrump $XAU $GLD $USD The SPDR Gold Shares (NYSE:GLD) is the largest gold-backed exchange-traded fund, it has retreated from recent highs but it is up 24.37% YTD. In the run-up to this Presidential election GLD and other gold ETFs may be in the headlight, but history tells up indicates gold and the other precious metals are […]
#AmericanDream #Business #Innovation #Entrepreneurs $DIA $SPY $QQQ $RUTX $VXX “New, disruptive technologies are unlocking new innovative companies to grow at speeds not seen before, the American Dream is alive, it is not greed, it is innovation.” — Paul Ebeling The US Census Bureau has revealed that the number of people starting their own business just surged […]
#gold #dollar #price $XAU $GLD $XAG $SLV $USD $DXY “Gold and USD have a very special relationship, together they share an inverse relationship.”— Paul Ebeling In other words, the price of gold and USD often head in opposite directions. When the price of USD goes up, gold tends to go down, and when the price […]
#investment #opportunities #election $RUTX $XAU $GLD “Savvy investors are look beyond US elections toward the global economic recovery by betting on risky asset classes.”– Paul Ebeling The recent US stock correction was a “risk-shedding event” that provides an opportunity during an election year. Historically, US stocks have performed well in the runup to elections. Combined […]
#gold #FOMC #price $XAU $GLD $USD The gold futures contract gained 0.66% Monday, as it continued to fluctuate following the recent advance. Recently gold was retracing a rally from around 1,800 to 7 August record high of 2,089.20 in reaction to USD advance, among other factors. Then gold has bounced off the support level marked by mid-August […]
#gold #silver #dollar #stimulus $XAU $GLD $XAG $SLV $USD $ICE “Like stocks, the gold market believes the Fed’s easy money plus big deficit spending by government will beat COVID-19’s deeply deflationary impact“– Paul Ebeling Gold futures rose Monday on a softer USD and fresh talk of a aid/relief/stimulus deal supporting prices for the precious Yellow […]
#trade #deficit #dollars #Covid #gold $USD $XAU $GLD “The Trump Trade Deficit Increases Even as Trade Flows Show COVID-19 Effect, Dropping 15% in 1-H of Y 2020 Compared to Same Frame in Y 2019” –Paul Ebeling The trade deficit widened to $67.1-B in August (consensus -$66.2-B) from an revised $63.4-B in July. The widening deficit is […]
#gold $XAU $GLD $USD The Fundamentals Central banks worldwide are committed to suppressing interest rates and printing money to solve their nation’s debt problems. Eventually, they will be forced to default or devalue, they will devalue. The Technicals Gold forms a major bottom every 8-yrs. The last low came in Y 2016. The next one should […]
#PresidentTrump #Covid-19 #financialmarkets #volatility #conspiracy $DIA $QQQ $SPY $RUTX “President Trump and the First Lady are infected with the China virus, America is praying for their speedy recovery. And President Trump contracting the coronavirus is ‘short-term noise’ that jolts asset prices, but there is nothing which should change the market dynamic seen in past election […]
#gold #silver #investing $XAU $XAG #GLD $SLV $PLAT $USD The Advantage of Investing in Both Gold and Silver Investing in both gold and silver may well provide the best of both worlds. As the investor can benefit from the price stability and long-term growth of gold, while still being able to benefit from silver’s ability […]
#Gold $XAU $GLD Gold buying by central banks, an important driver of bullion’s advance in recent years, is forecast to pick up in Y 2021 after a slowdown this year. We see demand from the official sector rising to about 450 toners after a drop to 375 tonnes this year, which would be the lowest […]
#gold $XAU $GLD Gold broke sharply lower Tuesday, and this should be the beginning of the September breakdown I have been expecting. The decline phase into the cycle low should take up to 2-wks, a clear break of 1864-1850 augurs 1750 -1726. Gold ETF (NYSEArca:GLD) is oversold, Key support it at 163.57. Have a healthy day, […]
#gold #silver $XAU $XAG $GLD $SLV $USD $DXY Gold fell over 3% Monday, sliding to its lowest mark in more than a month, as uncertainty over more US fiscal stimulus pressured the precious metals complex along with a stronger USD. Silver dove 9.4% to 24.25 as of 11:17a EDT, its lowest level in over a […]
#gold #money #banks #COMEX $XAU $GLD $USD The world’s largest 50 investment banks are on track to 2X their income from precious metals this year to around $2.5-B, most of it from gold, Coalition, a banking consultancy said Sunday. “$1.2-B was the earnings pool last year. This year we already crossed that number,” said Coalition’s […]
#Gold $XAU $GLD $USD Gold: Technical analysis Gold prices moved lower unable to gain momentum bouncing at support near the 50-Day MA at 1,932. Prices pushed back through short term support is seen near the 10-Day MA near 1,944. Top range resistance is seen near the September highs at 1,979. Medium-term momentum has turned positive […]
#gold $XAU $GLD $USD Let’s look at the pattern. Gold captivated investors, and with the rise in gold, silver and other precious metal prices this year, there’s been lots of market talk. But, the chatter has quieted over the last few wks as the run in precious metals has paused to consolidate its most recent […]
#global #growth #exports #dollar $USD $EUR $GBP $USO $XAU $GLD The USD is struggling, and the market is betting the Buck has more room to fall. The trade-weighted USD has fallen 7% from its March highs, and we expect it fall at least 15% from the highs. That will give a shot in the arm […]
#spending #boom #stocks #economy #gold #hedge #liquidity $DIA $SPY $QQQ $RUTX $GLD $XAU A “spending boom” will happen in Y 2021 as pent-up demand from consumers and increased liquidity shoveled into the economy as a successful vaccine and and C-19 coronavirus treatment is developed. And the stock market has much more room to run even […]
#USD #Gold #investors #debt #Fed $XAU $GLD $USD $DXY The reason USD became the world’s reserve currency is that America has had the largest, strongest steadily growing and conservatively financed economy and a stable political system anchored in the US Constitution. Yet for USD to continue to be valued, the world has to believe in it. […]
#GoldBugs #investors #metal $XAU $GLD $USD There always have been the hard core gold bug investors and Wall Street analysts who tout the precious Yellow metal and stay overweight regardless of demand and the macro picture. The bottom line is that, from an asset allocation standpoint, all structured portfolios need a weighting to precious metals […]
#gold #silver #market #price #COMEX #USD $XAU $XAG $GLD $SLV $USD The Big Q: What happened in the gold and silver markets last week? The Big A: Ka-Boom! This is the USS New Jersey (BB-62) firing a 9 gun broadside at dusk in the Gulf of Thailand, August 1986. How do I know that? I […]
#gold #silver #USD $GLD $XAU $SLV $XAG $USD Gold extended its strong Bull run Thursday, driven by expectations of more monetary response to the virus chaos. Spot gold hit an all-time high of 2,069.21oz and was up 0.8% at 2,055.87 at 2:10p EDT (1810 GMT). US gold futures settled 1% higher at 2,069.40. Data showed US jobless claims fell […]
#gold #rally #Bulls $XAU $GLD $USD Gold sliced through the powerful psych mark at 2,000 like ‘a hot knife through butter‘ The move has some fearing a deep correction, but many my work shows more gains as investors buy into the precious Yellow metal’s safety. The record-breaking rally, which lifted gold as high as 2,055 […]
#housing #automobiles #consumers #recovery $DIA $SPY $QQQ $RUTX $VXX Clearly, record low interest rates has helped revive the US markets for housing and autos standouts in the economy as it gains traction. Sales of new homes in June ran at their fastest pace in 13 yrs, leaving builders and the construction workers they employ with […]
#gold #silver #COMEX $XAU $GLD #XAG $SLV Tuesday, spot gold rose to a record above 2,000oz as investors continue to seek safe-haven for their assets due to economic and geopolitical risks. Gold has rallied in the past year as the C-19 coronavirus chaos prompts unprecedented amounts of aid/relief/stimulus to bolster economies, including lower rates, which […]
#gold #silver #safety #asset #coins #bars #jewerly $XAU $XAG $GLD $SLV $USD The Big Q: Why is gold marking all time highs now? The Big A: Why Not! Gold’s as a safe-haven investment during turbulent market environments is well known and this means physical precious metals may continue to go up in value. The Big […]
#gold #silver #price #record #COMEX #Fed #ETFs $XAU $GLD $XAG $SLV $USD Friday, gold rose to a new record, driven by demand, USD weakness and low interest rates, and silver posted its best month since Y 1979. Spot bullion is up more than 10% in July its best month since Y 2016 as US real yields […]
#dollar #gold $USD $DXY $XAU $GLD $DIA $SPY $QQQ $RUTX $VXX $GS Savvy participants are going “all-in” on gold, Goldman Sachs is going “all-in” on gold, that is happening by the currant Southside pressure on the Buck. With more Southside expected in US real interest rates we here at HeffX-LTN are reiterating our Long gold […]
$XAU $GLD $XAG $SLV $USD $GOLD Gold steadied as investors paused after a record-breaking rally that saw futures touch 2,000oz for the 1st time. Futures and spot prices backed off from the wide swings that shook the market earlier as traders assessed the outlook for a host of drivers including Fed policy, with the FOMC meeting this […]
#AsiaPacific #stock #markets #rally #dollar #gold #WallStreet #C19coronavirus #USChina #Fed #FOMC #Congress #yen #safehaven $DIA $SPY $QQQ $RUTX $XAU $GLD $USD #JPY Asian stock markets advance after Wall Street rally, gold extends, USD falls The price of gold rose 38.80 to 1,969.80oz Tuesday, up 2% to another record high. It is unusual for the price […]
#gold #silver #dollars #currencies #risk #Fed #interestrates #USChina $XAU $GLD $XAG $SLV $USD Spot gold topped 1,900oz for the 1st time since September 2011 and edged closer to an all-time high with flaring geopolitical tensions and concern over global growth driving demand for save-haven assets. Gold marked a 7th wkly gainer, the longest run since […]
#gold #stocks #money #investors #goldbugs #centralbanks #inflation #virus $DIA $SPY $QQQ $RUTX $XAU $GLD #VXX Gold is up 25% this year and traded above 1,897oz, just shy the Y 2011 record high at 1,921. Global stocks measured by the MSCI World index, have recovered almost all of the losses they suffered on the instant recession sell-off brought on […]
#gold #XAU #GLD #silver #XAG #SLV #rally #USD #Treasuries #yields #interest #Fed $XAU $GLD $XAG $SLV $USD Deepening negative real yields in the US Treasury market are driving a this rally in gold that is seeing the precious Yellow metal moving toward record highs. Bullion has gained 24% this year and is about $40 from […]
#stocks #gold #silver #dollar #C19coronavirus #China #global #growth #COMEX #VeryBullish $DIA $QQQ $SPY $RUTX $VXX $USO $USD $XAU $GLD $XAG $SLV Moving the Market: Profit taking in mega-caps Thursday, Gold traded near 1,900oz, moving closer to it’s all-time high set nearly 9 yrs ago on concerns about global growth that is driving safe-haven demand. Increasing […]
#gold #silver #dollar #rally #safehaven #insurance #recovery #demand $XAU $GLD $XAG $SLV $USD Wednesday, Gold rose to a 9-yr high as an escalation in US-China tensions fueled demand for safety, while silver followed bullion’s rally to hit a near 7 yr high on expectations of a recovery in industrial demand. Spot gold hit its highest […]
#investors #stocks #earnings #bonds #gold #Fed $SPY $GLD $XAU The S&P 500 (NYSEARCA:SPY) is selling for 28X earnings. That is above the 25-yr MA of 25 but implies an equivalent interest rate of 3.6%. The 10-yr Treasury yield is less than 0.7%, and the Fed is committed to keeping rates low. Stocks outperform bonds by a wide margin […]
#gold #silver #virus #China #uptrend #inflation $XAU $GLD $XAG $SLV $USD Gold prices eased Thursday on a stronger USD, though concerns over rising C-19 coronavirus cases and US-China tensions is keeping bullion close to a 9-yr high. Spot gold was down 0.3% to 1,805.62oz by 0705 GMT, just 12 shy of its highest since September […]
#Gold #Silver #preciousmetals #Fed #ECB #RBA #C19Coronavirus #inflation #currencies #stocks $XAU $GLD $XAG $SLV $USD $DIA $SPY $QQQ $RUTX $VXX Analysts and economists are calculating the destruction the C-19 coronavirus chaos, and traders in the financial markets trying to understand the ramifications of the virus’ presence. The market trends demonstrate that our prior precious metals forecasts continue […]
#gold #stock #market #yield #opportunity #USD #safehaven #asset #investors #negative #interest #stimulus #Fed #inflation #rally $GLD $XAU $USD Negative real yields mean opportunity cost of holding gold disappears. Traditionally Gold has been thought of as a safe-haven asset. But that has not stopped it from rising to 9-yr highs, and within striking distance of its […]
#Gold #XAU #GLD #HUI #WGC #bullion #precious #metal #asset #USD C19cronavirus #China #HeffCap #inflation $XAU $GLD $USD The price of gold has risen above the 1,800 psych mark Spot gold up 17% in the 1st 6 months of Y 2020 Gold ETF net inflows in i-H of Y 2020 exceeds full year record set in […]
#PaulEbeling #WallStreet #money #trading #investing #vaccine #coronavirus $DIA $SPY $QQQ $RUTX $PFE $VXX Last Week’s Action Pfizer Inc.’s (NYSE:PFE) announcement regarding a C-19 coronavirus vaccine boosted sentiment Stocks start Q-3 higher, leaders continue to lead. The Institute for Supply Management (ISM) signals strong expansion. FOMC mins show that the Fed plans to buy bonds for […]
#gold #COMEX #coronavirus #bullion #metal #inflation #HefCap #Fed $XAU $GLD Gold futures rose above 1,800 oz for the 1st time in more than 8 yrs as low interest rates, China tensions and virus chaos are driving demand for the precious Yellow metal as a safe-haven. Bullion for August delivery rose as much as 1.3% to […]
$XAU $SPY $VIX $VXX The last few months have been super for the US stock market and for gold Few thought in March that the S&P 500 would be back above 3,000, the DJIA would be back above 25,000 and the NAS would mark new all-time highs in late June. As we roll into the Summer Doldrums there are signs of […]
$DIA $SPY $QQQ $RUTX $$GLD $XAU $VXX The Bulls are clearly in control on Wall Street, but the US stock market sentiment data picture is confusing for many participants now, as there is lots of professional of pessimism about current stock pricing Vs retail optimism. It is a tug-of-war scenario. This shows up in the […]
$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 […]
$DIA $SPY $QQQ $RUTX $GLD $XAU S&P 500 futures Vs fair value: +19.90. NAS Com futures Vs fair value: +85.40 There is a new Fund Manager Survey is out Wednesday, and it shows improvement in sentiment, and that only 18% of participants believe in this V-shaped recovery plus, 50%+ of the respondents see this rally […]
$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 […]
$XAU $GLD Gold backed ETFs added 623 tonnes of the precious Yellow metal worth $34-B to their stockpile from January to May, exceeding in 5 months every full-year increase on record, the World Gold Council (WGC) said Thursday. In May alone, the increase was 154 tonnes, it said. Many investors think gold is likely to […]
$XAU $KL A quality gold mining stock is an easy entry into the gold market. Kirkland Lake Gold Ltd. (NYSE:KL) is a Canadian HQ’d gold producer with Key operating mines located in Canada and Australia: Detour Lake, Fosterville and Macassa. It also owns and operates the Holt Complex, which includes 3 wholly owned mines and […]
$SA $XAU $CU The case fo Seabridge Gold (NASDAQ:SA): The company’s projects are in western and northern Canada. During Q-1, Seabridge announced a revised production outlook at its KSM project, in northern British Columbia. The new outlook includes a 44-yr plan to recover up to 19.6 oz of gold and 5.4-B lbs of copper. SA […]
$DIA $SPY $QQQ $RUTX $VXX Last Week’s Action The large-cap indexes were lower Thursday, and flat Friday. On the week though the S&P 500 (+3.2%), DJIA (+3.3%), and NAS Comp (+3.4%) rose 3%+, and the small-cap Russell 2000 climbed 7.8%. The Bulls are in charge. Technical Analysis S&P 500 broke higher Wednesday, opened lower Thursday and […]
$DIA $SPY $QQQ $RUTX Negative interest rates in the US were once taboo. The C-19 coronavirus chaos changed that, and has forced investors to give serious thought to the implications of such a drastic policy shift. Rate options, which gauge monetary policy expectations, Monday implied a 23% probability that the Key federal funds rate will […]
$XAU $GLD Gold rose 1% Monday to its highest in more than seven years as dismal U.S. data underscored how badly the C-19 coronavirus chaos has damaged the world’s Top economy, while Palladium soared over 9% on better-than-expected demand outlook. Spot gold was up 1% at 1,759.13 oz by 0708 GMT, after rising to its […]
$GLD $XAU $USD The US once was on a gold standard. This meant people could exchange their Bucks for a fixed amount of gold. The US moved away from a strict gold standard in the 1930’s, and President Nixon abandoned it altogether in Y 1971. Since then, the USD has been a “fiat currency.” Meaning […]
$XAU $GLD Gold traded lower Thursday en route to its best month since Y 2016 on the massive amounts of stimulus from governments worldwide intended to stem the economic damage caused by the COVID-19 coronavirus outbreak. Bullion usually benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency […]
$DIA $SPY $QQQ $RUTX $USO $USD $GLD $VXX Thursday, the market opened in the Red as some profit-taking into April’s month-end happened. The market has been climbing that wall of worry the last few sessions improving the charts in all 3 major US stock market indexes, and thus turning all Key technical indicators Very Bullish. […]
$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 […]
$XAU $GLD Retail buyers for gold coins and bars are now paying a healthy premium per oz for the precious Yellow metal. Retail consumers who want to buy gold coins usually have to pay more than the per-ounce prices quoted on financial markets in London and New York. That premium has jumped to $135 oz, […]
$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 […]
$XAU $GLD $USO $USD The gold market is holding its uptrend pattern in the 1,700 range, and it may stay that way for most of the year, as investors have yet to fully understand the impact central banks and government actions around the world will have on financial markets and inflation. From a gold investment […]
$XAU $GLD $BAC $USD Bank of America Corp. (NYSE:BAC) raised its 18-month gold-price target to 3,000 oz more than 50% above the existing price record in a report titled “The Fed Cannot Print Gold.” The bank increased its target from 2,000 previously, as policy makers across the globe open huge amounts of fiscal and monetary […]
$XAU $GLD The pattern looks to me like gold is going to continue the longer-term uptrend so I will stay Bullish in here, I believe that the gold markets will continue to attract attention of safe haven seeking investors around the world. Gold Price Predictions Video 21.04.20 Pullbacks at this point should continue to attract […]
$GLD $XAU $USO $OIL $USD At the moment, the sharp move down in Crude Oil is Bullish gold prices Monday will go down in the scrap books as a historic day for Crude Oil prices, but energy-exposed stocks did not collapse as some envisioned. The price on the futures contract for WTI Crude Oil that […]
$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 $USD Gold traded just off 7-yr highs Thursday as investors bet the precious Yellow metal price would swell as the COVID-19 chaos reshapes financial markets. Futures for June delivery inched up 0.3% to 1,746 oz, holding just below their April high of 1,768. Gold is up 16% YTD, thanks to investors who view it as a […]
$XAU $GLD Gold prices rose 1% Thursday as investors sought safe-havens after dour US economic reports exacerbated fears of a global recession amid central banks’ efforts to stem the financial rout from the coronavirus outbreak. Spot gold was up 0.9% at 1,730.49 oz by 1104 GMT, erasing losses driven by profit-taking and a stronger USD […]
$GLD, $XAU, $SPY, $USD Bridgewater Associates’ Ray Dalio, founder of the world’s largest hedge fund, said investors would be “crazy” to hold government bonds now because of money printing by central banks to rescue the global economy. “This period, like the 1930-45 period, is a period in which I think you’d be pretty crazy to […]
$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 […]