Gold was enjoying a solid spring rally until a couple weeks ago, nearing major upside breakouts. But its nice advance has crumbled since, really weighing on sentiment. Gold fell victim to a rare major short squeeze in US Dollar Index futures. The surging USDX motivated gold-futures speculators to flee rather aggressively. But this will likely prove a short-lived anomaly, after which gold...Read More
Since early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up and the precious metals in consolidation/correction. The current trends were kicked off symbolically, and functionally to a degree, by the Fed’s concoction of Operation Twist, a plan with the expressed goal of manipulatin...Read More
CloseGain/LossOn WeekGold $1314.00+$2.60-0.73%Silver$16.50+$0.08-0.12%XAU82.40+0.03%-0.64%HUI181.39+0.04%-0.36%GDM632.56+0.19%-0.25%JSE Gold1115.06-31.19+1.77%USD92.60+0.14+1.19%Euro119.57-0.33-1.41%Yen91.73+0.17-0.02%Oil$69.72+$1.29+2.38%10-Year2.945%-0.001-0.47%Bond143.53125-0.03125+0.24%Dow24262.51+1.39%-0.20%Nasdaq7209.62+1.71%+1.26%S&P2663.42+1.28%-0.24% The Metals: ...Read More
CloseGain/LossOn WeekGold $1314.00+$2.60-0.73%Silver$16.50+$0.08-0.12%XAU82.40+0.03%-0.64%HUI181.39+0.04%-0.36%GDM632.56+0.19%-0.25%JSE Gold1115.06-31.19+1.77%USD92.60+0.14+1.19%Euro119.57-0.33-1.41%Yen91.73+0.17-0.02%Oil$69.72+$1.29+2.38%10-Year2.945%-0.001-0.47%Bond143.53125-0.03125+0.24%Dow24262.51+1.39%-0.20%Nasdaq7209.62+1.71%+1.26%S&P2663.42+1.28%-0.24% The Metals: ...Read More
Full Article: Gold Stocks Continue to Outperform the Precious MetalsBy: David ErfleGold prices have remained under pressure in recent days despite a growing laundry list of concerns, from falling equities and rising treasury yields to continued geopolitical worries. To the frustration of many, gold has been unable to break out of its nearly 4-month consolidation between $1300 to $1365 but the min...Read More
The Trump administration announced Friday it is ending special immigration protections for around 57,000 HonduransContinue...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort209,577102,79866,156179,735311,607455,468480,561Change from Prior Reporting Period -16,22713,64011,8024,020-25,908-405-466Traders19586905153288191 Small Speculators LongShortOpen Interest 52,28827,195507,756 1,7511,8121,346 non reportable positionsChange from the previous reporti...Read More
Our recent analysis of the US Dollar has presented a very unique and interesting setup for traders – an opportunity for a general commodity rally with Oil leading the way.Taking a look at this Daily chart of the UUP (US Dollar Index Bullish Fund) with our Advanced Dynamic Learning Cycles price modeling system applied to it, we can see that the cycle analysis is predicting a rotational top in...Read More
By Gary TanashianSince early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up and the precious metals in consolidation/correction. The current trends were kicked off symbolically, and functionally to a degree, by the Fed's concoction of Operation Twist, a plan with the expressed goal o...Read More
Our old comrade in arms Sean of the SGTReport joined us for an in depth look at Q anon, the Deep State and the Shadow Government. Sean believes that this is an Continue...Read More
By Alasdair MacleodArtificial intelligence (AI) is seen as both a boon and a threat. It uses our personal data to influence our lives without us realising it. It is used by social media to draw our attention to things we are interested in buying, and by our tablets and computers to predict what we want to type (good). It facilitates targeting of voters to influence elections (bad, particularly i...Read More
Dear Friend of GATA and Gold:GATA consultant Robert Lambourne, our expert on the Bank for International Settlements, noted this week that the BIS is late in posting its monthly statement of account for March, which typically contains obscure data about the bank's largely surreptitious interventions in the gold market on behalf of its client central banks.So your secretary/treasurer e-mailed the...Read More
I wanted to take a moment to alert everyone to a price cycle setup that may turn out to be one of the most dramatic price moves we've seen since 2008. The metals markets have recently made some news by breaking to new recent price highs.This price move prompted a number of major firms to announce new bullish directional forecasts for gold with predictions of $2500 to $3000 price levels in the near...Read More
In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something Continue...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experiencing, specializing in the metals and commodity markets and even authored a book in 2006 titled, Gold Trading Boot Camp where he accurately predicted the implosion of the U.S. credit market...Read More
By Avi GilburtRyan Wilday is our newest analyst. When we found him, he had already been trading over two decades for a supplemental income, but without the Elliott Wave Theory. He was a quick study in the theory and soon was producing professionally accurate wave counts, according to our method- Fibonacci Pinball. Ryan was also an early adopter of cryptocurrency and trading the new asset class.H...Read More
In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something like, "For a glimpse of America's future, take a look at Argentina, where they're eating cats and dogs because of hyperinflation ... wait, no, I meant Venezuela." Mixing up countries kind of dilutes the power of the statement, but for so...Read More
By Rory HallAnother month passes and another hundred thousand ounces (3.11 tons) of physical gold get added to the Kazakhstan gold reserve vault. Each month this nation makes another deposit of physical gold and each month the vast majority of media completely ignores it. Not only has she been adding physical gold to her gold reserves for the past 66 straight months the last two years have seen...Read More