Gold Is Approaching A Critical Technical Level That Will Determine Its 2017 Fate

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From Taki Tsaklanos: The price of gold is up 6.1 percent year-to-date. In doing so, it is one of the outperforming assets in the first three weeks of the year.
NYSE:GLD January 20, 2017 7:34am

Peter Schiff Warns Of Massive Trump Deficit, Says To Buy Gold

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From Peter Schiff: There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s guess.
NYSE:GLD January 19, 2017 8:34am

This Chart Indicates A Major New Gold Bull Market Is In Progress

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Technical analyst Gary Savage in his chart of the day points out a big technical hurdle that gold prices just overcame, and looks ahead to what's next for the yellow metal.
NYSE:GLD January 18, 2017 10:35am

Edelson: Here’s Why Gold Is Going To $5,000 Per Ounce

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From Larry Edelson: Last week I told you about gold’s long-term prospects: $5,000 at least.
NYSE:GLD

Gold Prices Surge To 7-Week Highs Amid Brexit, Trump Worries

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Gold prices were on the rise Tuesday morning, pushing gold-focused exchange traded funds (ETFs) higher with them, as investors clamor for defensive positions amid Brexit- and Trump-related concerns.
NYSE:GLD January 17, 2017 7:34am

Will Gold Prices Surge Under Trump Like They Did Under Obama?

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From Mark O'Byrne: Gold prices have had a good start to 2017 and has made gains in the majority of currencies, building on the strong gains seen in 2016. So far in 2017, gold is 3.5% higher in dollars, 2.3% higher in euros and 4% higher in sterling.
NYSE:GLD January 15, 2017 7:08am

Analyst: Gold Will Surge 26% In The Next Three Months

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From Uncommon Wisdom Daily: Gold has been creeping higher in 2017, gaining in seven out of the last eight trading days.
NYSE:GLD January 13, 2017 10:17am

Trump’s Bull Market For Gold Has Officially Begun

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From Mark O'Byrne: Gold has rallied to $1,207/oz today as stocks globally have weakened after the first press conference of incoming President Trump turned into a bit of a debacle.
NYSE:GLD January 12, 2017 8:08am

Edelson: Gold Will Surge To $5,000 Per Ounce In The Next Few Years

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From Larry Edelson: Larry here, with an important message. Right now, gold is still caught in a trading range, but with a long-term bias toward exploding higher over the next few years to at least $5,000 an ounce.
NYSE:GLD January 11, 2017 7:55am

Gold And Gold ETFs Are Flashing A Buy Signal Early In 2017

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From The Gold Report: Technical analyst Jack Chan charts the latest moves in the gold and silver markets, which indicate a bottom could be forming in both the metals themselves along with the mining stocks.
NYSE:GLD January 10, 2017 7:14am

Gold Is Undervalued, And That’s Great News For Precious Metals Funds

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You could say gold miners struck gold in 2016. The group, as measured by the NYSE Arca Gold Miners Index, finished the year up an amazing 55 percent, handily beating all other asset classes shown below.
NYSE:GLD January 9, 2017 3:39pm

Gold ETF In Focus As Gold Shipments To India Drop 46%

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From Dave Forest: The final 2016 stats are in from the world’s top gold-consuming nation, India, showing that the past year was one of the bleakest on record for this critical bullion market.
NYSE:GLD

Here’s How Gold Fared Against Major Currencies In 2016

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From GoldCore: Gold was the best performing currency in 2016, rising as it did in all major currencies. It again performed the function as a hedge against currency devaluation and this was seen particularly in sterling terms with gold rising 31.5% in British pounds after the Brexit shock.
NYSE:GLD January 6, 2017 9:11am

Expect More Volatility — And More Gains — For Gold This Year

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From Mike Burnick: As I noted last week, 2016 was a volatile year for equity investors, considering the sharp twists and turns of the stock market during the year.
NYSE:GLD

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