Time to Buy the Dip in Gold’s Price?

Time to Buy the Dip in Gold’s Price?

#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 […]

Gold is +25% YTD Outdistancing Stocks, Gold Bugs Rejoice!

Gold is +25% YTD Outdistancing Stocks, Gold Bugs Rejoice!

#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 […]

Top Gold Miner Stocks for 2020 + HeffX Gold Report

Top Gold Miner Stocks for 2020 + HeffX Gold Report

$GDX $GLD $XAU $GOLD $NEM $USD Gold is regarded as a safe-haven in times of market uncertinty, and it is Money. Investors can gain exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious Yellow metal. Some of the major players in the gold industry include mining companies […]

Gold’s Price Target is Higher

Gold’s Price Target is Higher

$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 […]

Gold is the ‘Go To’ Asset in Times of Crisis

Gold is the ‘Go To’ Asset in Times of Crisis

$XAU $GLD Gold Dealers Report Big Shortages of Bars and Coins Most in Demand, as People Want to Buy Gold. Gold is seeking a steady mark for its next move North, as President Trump’s warning of a “very painful” time for the United States from the coronavirus and a fresh selloff on Wall Street sent […]

Gold Breaks Above 1,700 on Safe-haven Demand

Gold Breaks Above 1,700 on Safe-haven Demand

$GLD $XAU $USO $OIL $SPY $USD Gold broke above 1,700 oz on a into safe- havens intensified, with the upswing driven by turmoil in the Crude Oil market, the spread of the coronavirus, sinking equities, and expectations of easier monetary policy. The precious Yellow metal hit its highest mark since Y 2012 as Brent collapsed, […]

ETFs the Key Driver for Gold’s Gains Over the Last Year

ETFs the Key Driver for Gold’s Gains Over the Last Year

$GLD $IAU $XAU Gold ETFs are the go-to choice to easily and quickly gain exposure to the precious Yellow metal. According to DataTrek research, ETF investors have been a Key driver of the 18.4% full-year gainer in gold prices, even as global demand for the precious Yellow metal dipped 1%. The data suggested that the […]

The Yield Curve and Gold’s Price

The Yield Curve and Gold’s Price

$XAU $GLD When the spread between 10-yr and 3-mo Treasuries bottomed out, the price of gold rose above 1,580. And the current fears about coronavirus may support it in the short-term. However, fears about prior virus outbreaks were overblown as is this 1, and the current anxiety looks to be temporary. The yield curve has […]

Gold Price Seen at $2,000 Near Term

Gold Price Seen at $2,000 Near Term

$XAU $GLD $SPY $SPX The S&P 500 posted a record high Wednesday at +37.10, or 1.1% at 3334.69 The reverse side of market optimism was the correction of safe-havens such as JPY and Gold. The JPY declined against the Buck, lead USDJPY to its highs in a 1. wks near 109.50, showing a rebound from the 200-Day SMA. Gold dropped […]

2020: Buy Gold, Bet on Emerging Markets

2020: Buy Gold, Bet on Emerging Markets

$XAU $GLD “Gold is a place you want to be. I think that it’s partly because its inversely correlated with interest rates. But it’s also an insurance policy when things go wrong,” David Rosenberg said. “There’s no such thing as a no-brainer, but this is close.” Gold is off to a terrific start this year […]

Gold & Silver: Not a Top, but a Mid-Cycle Correction

Gold & Silver: Not a Top, but a Mid-Cycle Correction

$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, […]

Gold Prices on Pace to Mark Biggest Annual Gainer in 9 Yrs

Gold Prices on Pace to Mark Biggest Annual Gainer in 9 Yrs

$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 […]

Goldie Makes Case for Diversifying into Gold

Goldie Makes Case for Diversifying into Gold

$XAU $GLD $GS Goldman Sachs Group Inc. (NYSE:GS) said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious Yellow metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts […]

Paris Under High Security for France’s ‘Heritage Weekend’

Paris Under High Security for France’s ‘Heritage Weekend’

Paris police used tear gas Saturday to disperse anti-government demonstrators who are trying to revive the yellow vest movement in protest at perceived economic injustice and French President Emmanuel Macron’s government. The French capital was placed under high security as a few hundred anti-government protesters started marching in the Paris streets. Police in riot gear […]

People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?”

People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?”

$XAU, $GLD, $USD, $EUR Russia’s central bank gold reserves are now valued at more than $100-B Emerging markets have been adding gold holdings regardless the prices are near their highest marks in more than 6 years, as countries such as Russia and China diversify their Fx reserves, this is a trend that is likely to […]

Gold Remarks $1,500 Ahead of Key ECB and FOMC Meeting

Gold Remarks $1,500 Ahead of Key ECB and FOMC Meeting

$XAU, $GLD Gold steady ahead of ECB meeting Thursday and FOMC meeting next week Gold futures remarked Key $1,500 oz Wednesday, as traders weighed President Trump’s latest Tweet calling for the Fed to cut interest rates down to Zero, ahead of the FOMC’s meeting next week. Prices for the precious Yellow metal traded between modest […]

Investors are “Going for the Gold”

Investors are “Going for the Gold”

$XAU $GLD $GDX, $GOLD, $NEM, $USD Investor doubts about the economic outlook and especially a Dovish Fed drove a gold price run in 1-H of Y 2019, sparking  burst of interest in gold investing and gold stocks. The escalating China trade dispute has provided the fuel since 1 August, and a day earlier, the Fed […]

People are asking: “How do I Play This Gold Rush?”

People are asking: “How do I Play This Gold Rush?”

$XAU, $GLD, $GLX, $IAU, $GLDM, $BAR, $GS For investors seeking a safe-haven from the volatile stock market as trade disputes and global growth concerns persist are chasing the latest gold rush, growth is one of the most important factors to consider Gold prices last week topped $1,500 oz for the 1st time in 6 years, […]

US Gold Futures Mark 3rd Gainer Running, at 6-year Highs, Bulls in Charge

US Gold Futures Mark 3rd Gainer Running, at 6-year Highs, Bulls in Charge

$XAUUSD, $XAU, $GLD, $GDX Tuesday, Gold prices fnished higher, marking a 3rd straight gainer a day after the precious Yellow metal extended its rally toward fresh 6 year highs. Gold for Dec delivery GCZ19, +0.68%  on COMEX rose $7.70, or 0.5%, to settle at $1,484.20 oz, after closing 1.3% higher Monday, extending its highest finish for a most-active […]

Gold in Rally Mode, Investment Strategy

Gold in Rally Mode, Investment Strategy

$XAU, $GLD, $GOLD, $NEM, $USD FLASH: The prospects of the Fed cutting interest rates to near Zero this year has gold rallying to 6 year highs. Institutional investors like gold as a hedge against uncertain times, as gold has held value over centuries. The Big Q1: But does it make sense for individual investors? Here […]

No Country is Safe from Trump’s Tariffs

No Country is Safe from Trump’s Tariffs

$GLD, $XAU, $SLV, $USD, $GOLD, $NEM, $VXX FLASH: Gold is finally seeing some bullish momentum as trade ructions escalate, fueling the biggest rally among the top miners in seven months. President Trump’s plan to impose a 5% tariff on all Mexican goods over illegal immigration rattled financial markets, boosting the haven appeal of the precious […]

The Burj Al Arab Jumeirah in Dubai Goes All Out in Gold

The Burj Al Arab Jumeirah in Dubai Goes All Out in Gold

FLASH: The glitz and glamour of the UAE is synonymous with their love of luxury, and specifically Gold. Dubai holds the largest Gold market in the world dubbed the “Gold City”, with over 350 vendors and jewelry traders. Other unique Gold experiences in the region include the world’s first vending machine dispensing 10-gram Gold bars […]

French ‘Yellow Vest’ Protesters Out in the Streets of Paris for 21st Weekend

French ‘Yellow Vest’ Protesters Out in the Streets of Paris for 21st Weekend

Protesters from the ‘yellow vest‘ movement are on the streets of France for a 21st weekend running, with 1000’s gathered for a march across Paris. Paris police have fine-tuned their strategy of being more mobile and proactive to counter eventual violence since the 1st Saturday of protests on 17 November. The Champs-Elysees is off-limits to […]

French ‘Yellow Vest’ Protesters Clash With Police in Paris

French ‘Yellow Vest’ Protesters Clash With Police in Paris

Saturday, some yellow vest protesters clashed with French police firing tear gas after a peaceful march through Paris, as tougher security measures and protest bans in high-risk neighborhoods prevented the rioting that devastated the capital a week ago. The 4-month-old movement drew bigger crowds Saturday than in recent weeks, even though last weekend’s violence hurt […]

Macron Under Fire in France, Calling Up Troops

Macron Under Fire in France, Calling Up Troops

FLASH: President Macron to deploy soldiers to keep order during yellow vest protests. French President Emmanuel Macron, 41 anni, announced that soldiers will be deployed across the country to help maintain security during yellow vest protests planned this weekend. Mr. Macron said the military will secure government buildings and other sites to allow police forces […]

You Too Can Be ‘Golden’

You Too Can Be ‘Golden’

FLASH: Both man and women have used cosmetics to help out Mother Nature since ancient times. The Big Q: Who does not want beautiful, glowing skin that radiates health and perhaps even wealth? The Big A’s: Read on! The Egyptians are credited with inventing the 1st makeup products, using copper and lead ore. That was […]

French ‘Yellow Vest’ Protesters Turned Violent Saturday

French ‘Yellow Vest’ Protesters Turned Violent Saturday

FLASH: French yellow vest protesters have clashed with riot police near the Arc de Triomphe on the 18th weekend running of demonstrations against President Emmanuel Macron. Protesters threw smoke bombs and other objects at officers, and started pounding on the windows of a police van. Riot police then retreated, as did a water cannon, with […]

French ‘Yellow Vests’ Protest for 16th Weekend Running

French ‘Yellow Vests’ Protest for 16th Weekend Running

French ‘yellow vests’ are protesting for a 16th weekend running in Paris and other cities to show they are still mobilized against the Macron government’s economic policies they see as favoring the rich. In Paris, protesters gathered Saturday at the Arc de Triomphe monument as a march was planned through the well-off western neighborhoods of […]

‘Yellow Vest’ Protests Week 15: Momentum Alive

‘Yellow Vest’ Protests Week 15: Momentum Alive

 French yellow vest protest organizers are trying to tamp down violence and anti-Semitism in the movement’s ranks as they launch a 15th straight weekend of demonstrations. Hundreds of people gathered Saturday at the Arc de Triomphe monument for a march through prime Paris neighborhoods to protest President Macron’s government policies they see as favoring the […]

Savvy Investors Moving Back to Gold

Savvy Investors Moving Back to Gold

$GLD, $SLV, $GDX, $USD Gold prices climb as those savvy investors uncertain about global growth outlook hedge their portfolios. Gold prices have surged 14% since September, when in this column I signaled a buy signal for the precious Yellow metal, just as the major US stock market indexes were making record Tops. Gold-focused ETFs saw […]

Populists Changing EU, Elections Coming

Populists Changing EU, Elections Coming

FLASH: French police fired tear gas to disperse protesters who threw projectiles and set bins on fire in Paris, Lyon and Bordeaux on Saturday, as the 14th straight weekend of “yellow vest” protests took a violent turn Saturday afternoon. The failed socialist EU experiment under siege French far-right leader Marine Le Pen feels she is […]

French ‘Yellow Vest’ Protest are Deadly

French ‘Yellow Vest’ Protest are Deadly

A French yellow vest protester’s hand was ripped apart Saturday during violent clashes in Paris as demonstrators tried to storm the French National Assembly in a 13th week runnning of unrest. Police said the injured protester lost 4 fingers as police swooped in to stop protesters from breaching the parliament’s exterior. Police could not confirm […]

‘Yellow Vest’ Protesters Back on the Streets of France

‘Yellow Vest’ Protesters Back on the Streets of France

France’s ‘yellow vest’ protesters are taking to the streets to keep pressure on French President Emmanuel Macron’s government, for the 12th weekend running of demonstrations. Multiple protests are planned Saturday in Paris and other cities to denounce Mr. Macron’s economic policies, seen by critics as favoring the rich. This week, demonstrators in the French capital […]

Thousands of Protesters to Hit the Streets in France Again this Weekend

Thousands of Protesters to Hit the Streets in France Again this Weekend

Thousands of demonstrators will take to the streets across France this weekend in protest at French President Emmanuel Macron’s policies. More than 2 months after starting their revolt over fuel tax increases, ‘yellow vest‘ protesters remain mobilized and have called for an 11th weekend running of protests. About 100,000 people protested last weekend, around the […]

Paris is Burning, 10th Week of ‘Yellow Vest’ Protests

Paris is Burning, 10th Week of ‘Yellow Vest’ Protests

Saturday, fighting broke out, as around 7,000 “yellow vest” demonstrators marched through Paris in a 10th weekend running of protests against President Emmanuel Macron’s government. The demonstrations were largely peaceful but Reuters Television reporters said they saw clashes break out late in the afternoon between police and demonstrators, some wearing masks, in Paris’ Invalides district. […]

France’s ‘Yellow Vest’ Movement Crossed the Channel to London

France’s ‘Yellow Vest’ Movement Crossed the Channel to London

Hundreds of protesters inspired by France’s ‘Yellow Vest’ movement are rallying in Britain, drawing attention to government austerity programs that have hit the poor hard. Wearing yellow vests with slogans such as “Britain is Broken” written on the back, the demonstrators marched in London to demand that politicians pay attention to their plight rather than […]

Paris Protesters Revive ‘Yellow Vest’ Movement

Paris Protesters Revive ‘Yellow Vest’ Movement

Hundreds of protesters are breathing new life into France’s apparently waning ‘yellow vest’ movement with marches in Paris and gatherings in other cities, in the 1st demonstration of the new year. Authorities warn that they will not tolerate illegal acts. French security forces fired tear gas and flash-balls after a march through central Paris went […]

Huge Yellow Diamond Unearthed in Canadian Arctic

Huge Yellow Diamond Unearthed in Canadian Arctic

$RIO Canada’s Dominion Diamond Mines (private) and Rio Tinto (NYSE:RIO) shocked the market Friday by unveiling what is believed to be the largest diamond ever found in North America, measuring in about the size of a chicken-egg. The 552-carat Yellow gem quality stone, unearthed in October, measures around 3cm by 5.5cm, almost 3X the size […]

The Protests Grow: ‘Yellow Vest’ Rally in Belgium, Netherlands

The Protests Grow: ‘Yellow Vest’ Rally in Belgium, Netherlands

The Protests Grow: ‘Yellow Vest’ Rally in Belgium, Netherlands Hundreds of Yellow  Vest protesters calling for the resignation of Belgian Prime Minister Charles Michel marched on the European Quarter of Brussels Saturday, as the movement that started in France made its mark in Belgium and the Netherlands. Police used pepper spray and scuffled with a […]

Paris is Under Siege, French ‘Fed Up’ with Macron

Paris is Under Siege, French ‘Fed Up’ with Macron

Paris is Under Siege, French ‘Fed Up’ with Macron Early Saturday morning the Champs-Elysees Saturday, Paris’ most famous boulevard reeked of tear gas. Clouds of the gas hung in the air, burning throats but not silencing the angry, rebellious crowds. Noses dripping, eyes red and watering, demonstrators in their “look at me!” high-visibility fluorescent yellow jackets […]

France Prepares for “Ultra-Violent” Protests This Weekend

France Prepares for “Ultra-Violent” Protests This Weekend

France Prepares for “Ultra-Violent” Protests This Weekend France is mobilizing tens of thousands of police officers and closing landmarks including the Eiffel Tower and the Louvre as authorities warned that anti-government protests Saturday could be even more violent than the ones that have crippled the country for weeks. “According to the information we have, some […]

‘Yellow Vests’ Warn Macron of Greater Violence in Paris

‘Yellow Vests’ Warn Macron of Greater Violence in Paris

‘Yellow Vests’ Warn Macron of Greater Violence in Paris French authorities see another wave of “great violence” and rioting being unleashed in Paris this weekend by a hard core of ‘Yellow Vest’ protesters, as senior ministers sought to defuse public anger with conciliatory languages on taxes. President Emmanuel Macron. 40 anni, has struggled to quell […]

The French Are Protesting Economic Disparity

The French Are Protesting Economic Disparity

The French Are Protesting Economic Disparity French President Emmanuel Macron has vowed to cut taxes and boost France’s growth, now 1.5 yrs after he came into power, he is facing violent protests over rising taxes, a high cost of living and policies some say favor the rich. A country’s economic indicators don’t always match the […]

French Student Unrest Gathers Momentum

French Student Unrest Gathers Momentum

French Student Unrest Gathers Momentum French student protests intensified Tuesday, with various incidents around the country of demonstrators setting buildings on fire, and of violent clashes with police. Over the course of this week, students have gradually started to get involved in the so-called “yellow vests” protests against President Emmanuel Macron, 40 anni. Local authorities […]

As Paris Burns, Macron Seeks Way Out of Deep Chaos in the ‘Greening’ of France

As Paris Burns, Macron Seeks Way Out of Deep Chaos in the ‘Greening’ of France

As Paris Burns, Macron Seeks Way Out of Deep Chaos in the ‘Greening’ of France Should President Macron’s support in Parliament collapse, he will resign, the people already hold in in very low regard. Sunday, French President Emmanuel Macron, 40 anni, ordered his PM  to hold talks with political leaders and demonstrators, as he seeks […]

Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner

Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner

Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner $ABX, $GOLD Barrick Gold (NYSE:ABX), the world’s largest Bullion producer by value, is about to become even bigger as it has agreed to buy Randgold Resources (LON:RRS, OTCMKT:GOLD) in a $18.3-B share deal, the biggest in the gold sector in the past 3 years. The […]

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern $GLD, $SLV Gold prices held steady during Asian trade Tuesday as investors remained on the sidelines amid expectations of a Fed interest rate hike later this month and on fears of an escalation in the US-China trade dispute. Spot gold was mostly unchanged at 1,195.79 oz […]

Asia’s Super Rich Advised to Add More Gold to Portfolios

Asia’s Super Rich Advised to Add More Gold to Portfolios

Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]

Profile: Elon Musk, Crazed Bull Running ‘Production Hell’

Profile: Elon Musk, Crazed Bull Running ‘Production Hell’

Profile: Elon Musk, Crazed Bull Running ‘Production Hell’ $TSLA A new profile on Tesla (NASDAQ:TSLA) CEO Elon Musk gives an unusual example of how the stress of ramping up M3 production has affected him. According to the WS-J, Mr. Musk started head-butting a car at Tesla’s Fremont, California, factory this spring after he learned the […]

Lucapa Unearths a 25-ct Yellow Gem Diamond in Lesotho Mine

Lucapa Unearths a 25-ct Yellow Gem Diamond in Lesotho Mine

Lucapa Unearths a 25-ct Yellow Gem Diamond in Lesotho Mine $LCPDF Australia’s Lucapa Diamond (ASX:LOM) has found a 25-carat Yellow gem diamond at its 70%-owned Mothae mine in Lesotho, adding that the rock was recovered during the 1st 2 days of trial processing at the project. The Yellow diamond was unearthed from the Neck zone of 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 sector is looking for stimulation in here. PE Gold at 1302.14 trading higher with a move to 1310 seen. If that does not hold, it may break to and below 1290-1280 medium term. ICE Brent Crude at 78.67 is headed to 78, 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 Gold at 1294.26 has moved up, as it has strong support at 1285, see a possible rally to 1310 in here. ICE Brent Crude at 79.55, and WTI Crude at 71.66 can test 78 and 71 respectively near term. Thereafter expect increased US and OPEC supply 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 Gold at 1292.20 bounced from 1280, and while 1275/80 holds, the price could to 1310 before coming off to 1280 or lower. For now the trend is South. Silver at 16.56 is ranged. It has risen form 16.50 and could hit 17. Overall, […]

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 ICE Brent Crude at 79.36 and Nymex WTI Crude at 72.51 are stable. WTI Crude’s 1st resistance is at 73 which could push the price down to 71 near term. ICE Brent Crude looks to have some room on the Northside at 81-82. But if […]

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 ICE Brent Crude at 79.05 and Nymex WTI Crude at 71.89 could see some near term falls to 77 and 70.50 respectively before attempting another rise. Gold at 1288.70 is stable near current marks. A fall to support at 1275 is not expected, so 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 Brent Crude at 79.58  is trading higher, the Crude Oil Bulls look strong in here and could test 81then dip to 79. WTI Crude Oil at 71.74 sees resistance 73 and push the price down to 70. But if it break North then 74-75 […]

Gold Finished the Quarter with a Gainer, Bulls Happy

Gold Finished the Quarter with a Gainer, Bulls Happy

Gold Finished the Quarter with a Gainer, Bulls Happy $GLD Gold Bulls are finding Y 2018 a Happy Time so far.=. Gold is wrapping up a 3rd quarterly gainer, something not seen since Y 2011, and ETF (exchange-traded fund) holdings are near the highest in 5 years. Safe-haven demand may also get a boost with […]

Ferrari’s (NYSE:RACE) Prancing Horse

Ferrari’s (NYSE:RACE) Prancing Horse

Ferrari’s (NYSE:RACE) Prancing Horse $RACE Ever so often readers ask, Where did the Black Prancing Horse mark come from? Here is the story: The Black Stallion has become 1 of the most recognized service marks in the world and a symbol of high performance. Ferrari’s prancing horse is almost as iconic as the name itself, […]

Strong Gold Rally Seen on China Demand and Bullish Options

Strong Gold Rally Seen on China Demand and Bullish Options

Strong Gold Rally Seen on China Demand and Bullish Options $GLD Gold’s rally eased a bit this week, but the look of both the physical and paper markets suggest it has got much more room to run. Chinese New Year buying and option prices suggest the stars are aligning for the metal to extend its […]

Alrosa Finds a Huge Yellow Diamond at Yakutia Mine

Alrosa Finds a Huge Yellow Diamond at Yakutia Mine

Alrosa Finds a Huge Yellow Diamond at Yakutia Mine The world’s largest diamond producer by output, Alrosa (MCX:ALRS), announced the recovery of a large gem-quality diamond of 98.63 carats from its historic Jubilee (Yubileynaya) pipe, located in the eastern Republic of Yakutia. The octahedron crystal has inclusions of olivine, graphite and sulphide, is transparent yellow-tinted and measures 28.96 х […]

China Plays a Role in the Gold Markets, How Important?

China Plays a Role in the Gold Markets, How Important?

China Plays a Role in the Gold Market, How Important? $GLD, $USDCNY China has been accumulating Gold over the past 10 years, and it is also the largest producer of Gold in the world and perhaps the world’s biggest consumers of the precious Yellow metal. The World Gold Council’s (WGC) data for Q-2 Y 2017, says […]

Alrosa Unearths Another Large Yellow Diamond

Alrosa Unearths Another Large Yellow Diamond

Alrosa Unearths Another Large Yellow Diamond Russia’s Alrosa (MCX:ALRS), the world’s Top diamond producer by output, said its affiliate Almazy Anabara has unearthed a 34.17-carat yellow rock at the Ebelyakh alluvial deposit in the Republic of Sakha (Yakutia). Alrosa has had a lucky year when it comes to finding large fancy-coloured diamonds. The diamond is the largest […]

What is the Link Between RMB Yuan and Gold?

What is the Link Between RMB Yuan and Gold?

What is the Link Between RMB Yuan and Gold? $USDCNY, $GLD, $OIL People are asking, Paul, what is the link between the RMB Yuan and the precious Yellow metal? The Big A, as follows: Chart 1: The USD/CNY exchange rate (red line, right axis) and the price of Gold (yellow line, left axis, London P.M. […]

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 […]

The 1st Bugatti Chiron in US Delivered at Pebble Beach

The 1st Bugatti Chiron in US Delivered at Pebble Beach

The 1st Bugatti Chiron in US Delivered at Pebble Beach $VLKAY Yellow HyperSupercar brightened the Day in Monterey The 1st Bugatti Chiron in the United States was delivered to its owner at the 2017 Pebble Beach Concours d’Elegance. Surrounded by multi-million-dollar classic and vintage motorcars, the $3-M HyperSuper car was not out of place in […]

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’s Price Rise Triggers Mining Stocks’ Rally

Gold’s Price Rise Triggers Mining Stocks’ Rally

Gold’s Price Rise Triggers Mining Stocks’ Rally $GDX, $SBLG, $GFI, $NEM, $EXCFF Just about a week ago it looked like Gold’s Y 2017 rally was running out of steam, and in danger of losing sight of the psych mark at 1,200 oz. A number of major Gold stocks which had outperformed the precious Yellow metal […]

Investors Seek Safe Haven from Currency “Pain” in Gold

Investors Seek Safe Haven from Currency “Pain” in Gold

Investors Seek Safe Haven from Currency “Pain” in Gold $GLD, $EUR, $JPY, $GBP The other side of declines in the EUR, JPY and GBP in recent months has been a massive increase in gold buying as investors in Asia and Europe try to protect their wealth. The hunger for bullion is so strong that purchases […]

SPDR Gold Shares (NYSEArca:GLD) Assets + $18-B in 2016.

SPDR Gold Shares (NYSEArca:GLD) Assets + $18-B in 2016.

SPDR Gold Shares (NYSEArca:GLD) Assets + $18-B in 2016 Gold may emerge as one of the Brexit vote’s biggest commodity winners should revised forecasts from a growing number of banks prove correct as the poll’s outcome sets the stage for greater global economic uncertainty and hobbles the likelihood of rate rises from the US Fed. […]

Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly) $GLD, $USO Spot Gold pared most of its weekly losses Friday to close the week at 1,289.00 oz, as slow jobs growth in the US weakened the case for a US rate hike during the US Fed’s upcoming June meeting. The precious Yellow metal is finding support on […]

Tuesday’s Technical Outlook For Gold (GLD)

Tuesday’s Technical Outlook For Gold (GLD)

Tuesday’s Technical Outlook For Gold (GLD) $GLD Spot Gold marked a modest gain Monday to 1,242.23 before settling at 1,237.00 oz, as broad dollar’s weakness and stocks soft tone supported demand for the safe-haven asset. Trading was light ahead of the FOMCs meeting Tuesday and Wednesday. The precious Yellow metal is set to consolidate in […]

Wednesday’s Technical Outlook for Gold (GLD)

Wednesday’s Technical Outlook for Gold (GLD)

Wednesday’s Technical Outlook for Gold (GLD) $GLD Gold (NYSEarca:GLD) benefited from Buck’s softnessTuesday, with spot rallying up to 1,256.61 oz, and ending above the 1,250 mark. The precious Yellow metal gained despite the ongoing risk appetite, it ran on USD weakness, and on Silver’s strength. On the daily The technical indicators recovered from their mid-lines […]