Gold-backed exchange-traded funds (ETFs) and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies without considering the true risk associated with many aspects of holding non-tangible assets. Gold ETFs are units representing physical gold in paper or dematerialized form, which is...Read More
The battle between Elliott waves and supply/demand forecasting approach continues In case you just landed on Earth via Martian spaceship, 2020 has seen the biggest crash in oil prices ever.This chart captures crude's three-month, 80%-plus nosedive to 3-decade lows. (Price data as of May 1, 2020 and does not reflect the unprecedented April 20 plunge into negative territory at -$40.32. Yes, minus $...Read More
$2,000, $5,000 or even the Jim Rickard’s $50,000 as the next target for gold. How realistic are these figures – could we see the yellow metal at $5,000 or even higher amid the coronavirus crisis? We invite you thus to read our today’s article and find out how high gold prices can go in this downturn. The first quarter of 2020 was clearly positive for the gold market, as the chart...Read More
Gold-backed exchange-traded funds (ETFs) and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies without considering the true risk associated with many aspects of holding non-tangible assets. Gold ETFs are units representing physical gold in paper or dematerialized form, which is...Read More
The battle between Elliott waves and supply/demand forecasting approach continues In case you just landed on Earth via Martian spaceship, 2020 has seen the biggest crash in oil prices ever.This chart captures crude's three-month, 80%-plus nosedive to 3-decade lows. (Price data as of May 1, 2020 and does not reflect the unprecedented April 20 plunge into negative territory at -$40.32. Yes, minus $...Read More
$2,000, $5,000 or even the Jim Rickard’s $50,000 as the next target for gold. How realistic are these figures – could we see the yellow metal at $5,000 or even higher amid the coronavirus crisis? We invite you thus to read our today’s article and find out how high gold prices can go in this downturn. The first quarter of 2020 was clearly positive for the gold market, as the chart...Read More
Gold-backed exchange-traded funds (ETFs) and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies without considering the true risk associated with many aspects of holding non-tangible assets. Gold ETFs are units representing physical gold in paper or dematerialized form, which is...Read More
The stock market has had a great run duringthe last decade. It has made some people a good stack of money.However, the March crash has many wonderingwhat it will do next. Will it continue to crash, or will it continue the bullmarket?Is it really worth spending time and effortcontemplating its next move? I think not.The market is currently presenting a greatopportunity to lock in those stock market...Read More
Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market?Epidemics: Bad, Good, and UglyBy May 6, 2020, more than total 3.6 million of confirmed cases have been reported in the world and more than 250,000 have already died from the COVID-19. In the...Read More
The stock market has had a great run duringthe last decade. It has made some people a good stack of money.However, the March crash has many wonderingwhat it will do next. Will it continue to crash, or will it continue the bullmarket?Is it really worth spending time and effortcontemplating its next move? I think not.The market is currently presenting a greatopportunity to lock in those stock market...Read More
Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market?Epidemics: Bad, Good, and UglyBy May 6, 2020, more than total 3.6 million of confirmed cases have been reported in the world and more than 250,000 have already died from the COVID-19. In the...Read More
The stock market has had a great run duringthe last decade. It has made some people a good stack of money.However, the March crash has many wonderingwhat it will do next. Will it continue to crash, or will it continue the bullmarket?Is it really worth spending time and effortcontemplating its next move? I think not.The market is currently presenting a greatopportunity to lock in those stock market...Read More
Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market?Epidemics: Bad, Good, and UglyBy May 6, 2020, more than total 3.6 million of confirmed cases have been reported in the world and more than 250,000 have already died from the COVID-19. In the...Read More
The stock market has had a great run duringthe last decade. It has made some people a good stack of money.However, the March crash has many wonderingwhat it will do next. Will it continue to crash, or will it continue the bullmarket?Is it really worth spending time and effortcontemplating its next move? I think not.The market is currently presenting a greatopportunity to lock in those stock market...Read More
Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market?Epidemics: Bad, Good, and UglyBy May 6, 2020, more than total 3.6 million of confirmed cases have been reported in the world and more than 250,000 have already died from the COVID-19. In the...Read More
Adam HamiltonArchivesMay 08, 2020 With the stock markets near a critical juncture during the most-extreme economic dislocations of our lifetimes, big US stocks' fundamentals have never been more important. After plummeting in a brutal stock panic on the catastrophic economic damage caused by governments' draconian lockdowns to fight COVID-19, stocks have skyrocketed in a monster rally. Are these g...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort275,57125,56740,010120,045401,681435,626467,258Change from Prior Reporting Period -11,811914-4,4385,143-6,850-11,106-10,374Traders20350785858292158 Small Speculators (C) GoldSeek.com LongShortOpen Interest 54,71723,085490,343 633-99-10,473 non reportable positionsChange from t...Read More
By: Gary SavageThe markets discount results ahead of time. S&P technical set-up. Gold has a pattern in play seen before since the start of this latest bull market...https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinBig breakout day for gold and silver! Expecting 16% unemployment rate for tomorrow, but that will be the big price driver. It will be released on Friday at 8:30 Eastern time:Read More
Trade war, US unemployment, and even rise in US stock market are the reason for gold price to rise. Profit in stock trading is invested in gold. Lack of stock market margin pressure has resulted in more long positions in gold, silver, crude oil and copper. Liquidity is abundant. There is free money and lack of investment avenues. Businesses with cash are just using to trade and invest in stocks...Read More