As we covered yesterday, the nature of demand in the gold market is in flux. Emerging market consumers, not Western buyers, currently drive the bulk of jewelry and physical bullion
Earlier today, the World Gold Council released its quarterly Gold Demand Trends report, the go-to source for industry data on consumption patterns for the yellow metal.
I’m seeing increasing evidence that silver is lining up for a major move higher. What’s more, I think it is cheap for a number of reasons. Here are three more things to keep in mind:
While I don’t think gold is likely to head back down and make a lower low I’m going to lay out a simple strategy to protect against getting caught in case it does.
Political and social unrest in the Middle East was the most discussed topic during the week. Restlessness and riots could inflate food prices in the region and worsen the economic balance
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold
Financial history teaches that market prices are not just subject to cyclical fluctuations — mainly following the business cycle. They are also liable to much longer lasting secular trends, often
I’ve noted in the nightly updates that gold is now deep in the timing band for a daily cycle low. My best guess is gold should tag the 38% Fibonacci retracement before bouncing out of that short term
In our previous free essay we’ve mentioned that mining stocks are at a particularly important crossroad, and whichever they decide to move is likely to determine the way for the underlying
It’s still too soon to jump back into the precious metals sector. Gold is now due for a yearly cycle correction. A correction of that degree should take gold down to $1300 or lower. Maybe even as
I was chatting on the phone earlier this weekend with one of my readers about the shocking drop in the price of gold earlier this past week. We agreed that the mini-crash seemed to be the result of a
Let’s face it almost every trader or investor dreads a draw down. Traders do everything they can to avoid them, even if it means they drastically reduce their ultimate gains.
History has been peppered with financial bubbles and we’ll get to that, but first, is gold in a bubble? So far it’s been the amazing, runaway investment of the past decade. If you’d put your money into
Monday morning I was greeted via my inbox with a Bloomberg report on Gold. Bloomberg has a series called “The Dark Side of Gold.” Its important to note this isn’t the first time the news
Life has a funny way of reminding a person that he is not really in control of what is going on around him. While he may be proficient in a few specific areas, his overall knowledge is limited.