Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
“2022: The Golden Year” activates……as gold and the miners hit our short-term upside targets this week.In August of 2020 we noted the danger signals for gold based on sentiment excess coming out of the acute pandemic fear phase. We also noted the need for a multi-year bullish Cup to build a proper handle after that excess. A Cup’s handle is actually a downward trendi...Read More
We live in uncertain times, but one thing is (almost) certain: the Fed’s tightening cycle will be followed by an economic slowdown – if not worse.There are many regularities in nature. After winter comes spring. After night comes day. After the Fed’s tightening cycle comes a recession. This month, the Fed will probably end quantitative easing and lift the federal funds rate. Will...Read More
Whether or not you are investing in gold for retirement, it isalways important to be informed. This article will help you decide if investingin gold is the right decision for your retirement. When deciding on what to invest in, one of the most popularchoices is gold. Gold has been used as a currency and an investment forthousands of years, and it continues to be a popular choice for investorstoday...Read More
Imagine what an oak tree's underground rootball looks like, with supportive tendrils spreading out in all directions, notunlike what the limbs of this magnificent specimen are doing above-ground.The result is an impregnable presence inall directions of the compass. "Open on strike and at depth" as amining geologist might say.Like Mycelium (the vegetative part of afungus-like bacterial co...Read More
With each day of the Russian invasion, gold confirms its status as the safe-haven asset. Its long-term outlook has become more bullish than before the war.Two weeks have passed since the Russian attack on Ukraine. Two weeks of the first full-scale war in Europe in the 21th century, something I still can’t believe is happening. Two weeks of completely senseless conflict between close Slavic n...Read More
The FOMC set the stage for a March interest rate hike, which was an aggressive signal. Gold got it and fell – but hasn't capitulated yet.The Battlecruiser Hawk is moving full steam ahead! The FOMC issued yesterday (January 26, 2022) its newest statement on monetary policy in which it strengthened its hawkish stance. First of all, the Fed admitted that it would start hiking interest rates &ld...Read More
You don't have to be a fortune tellerto predict some of the precious metals’ behavior in the market. Any incomingsigns take the shape of a bear.What a signal-rich week that was! Atleast if you’re interested in forecastinggold and predictingsilver prices.The USD Index rallied, but that was theleast interesting of the important developments, as it had already reversedduring the preceding...Read More
My outlook for the gold market in 2022 suffers from manic depression: I see first a period of despair and an elevated mood later.So, 2021 is over! 2022 will be better, right? Yeah, for sure! Just relax, what bad could happen? Seriously, what can we expect from this year? I see a few key trends that are going to shape 2022, and their names are: Death, Famine, Pestilence, and War. Oh, sorry, the wro...Read More
Gold’s ‘real’ price indicates a fine ‘risk vs. reward’[edit] Since this article will be distributed to a wider viewership than nftrh.com, where regular readers know I take pains not to hype this most precious ‘value’ asset, take note that a positive risk vs. reward does not mean run out and go whole hog gold stock bull right this minute. Risk vs. reward is...Read More
The precious metals still dopirouettes on the trading floor, but they can stumble in their choreography.The bears are just waiting for it.With the GDX ETF soaring on significantvolume on Jan. 19, the senior miners had a renewed pep in their step. Withgold, silver, and mining stocks all dancing to the same beat, the preciousmetals garnered all of the bullish attention. However, with the trio known...Read More
Crude oil prices closed yesterday neartheir 7-year highs. What do you think are the main price drivers prevailing forthis surge on crude oil prices?GeopoliticalSituation Crude oil prices closed yesterday neartheir 7-year highs, as an attack on an oil site in Abu Dhabi further strainedan already tense market. The concern about the deterioration of the situationbetween Ukraine and Russia, which has...Read More
While the USD show is gainingapplause, silver has decided to present its repertoire too. Was its rally justa magic trick or a good omen for gold?Bondyields soared once again, just as I’ve beenexpecting them to for many months now. The reaction in some markets was asexpected (the USD Index soared), but in some, it was perplexing. Gold movedlower a little, miners declined a bit more, and silve...Read More
PREDICTIONS FOR GOLDThere seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets. Gold is no exception.It is worth taking a look back at some earlier predictions to help put things in perspective… EXAMPLE NO. 1 Gold Forecast $6000, And Gold Mining Analysis Through Visualization January 23, 2012Quote: “If the...Read More
Gold is lagging theraging inflation unleashed by the Fed’s epic money printing. Despite leading inflation benchmarksskyrocketing to multi-decade highs, gold prices have barely budged. Serious inflation initially fuels record-highstock markets, which stunt gold investment demand. But festering inflation increasingly erodescorporate earnings, hitting stock prices. As sto...Read More
A stroll through recent and not so recent inflationary history[edit] Some wording and a couple typos cleaned up from original post, no changes to themes…A Cynical Fed is a Dangerous FedOn ‘Fed minutes Wednesday’ the media amplified the noise, the machines are doing what the machines do and running with it, and it’s all eyes on the great and powerful Fed (of Oz).The Fed cre...Read More
The higher price for gold over time reflects the loss in purchasing power of the US dollar. The loss in the dollar’s purchasing power is an effect of inflation.Over the past century, the US dollar has lost approximately ninety-nine percent of its purchasing power. The loss in purchasing power is reflected in a gold price that has increased one-hundred fold ($20.67 oz. x 100 = $2067 oz)...Read More
Happy new year, everyone! We hope that2022 will be a prosperous one for all our readers. However, will it besuccessful for oil?EnergyMarket Updates Yesterday, crude oil prices ended higher,after a volatile session as US inventories fell by 6.4 million barrels – morethan twice the previous week – which is another positive sign for demand. US inventories levels of crude oil,gasoline, and...Read More
Silver is one of thefew precious metals that have been popular among investors for quite some time.It’s an inflation hedge that can potentially protect one's wealth againstuncertain times and market turmoil, which is probably why the silver market is seenas one of the most reliable investment options in recent years. Some investorshave also been impressed by how silver has outperformed other...Read More
Gold, silver, and mining stocksstarted 2022 with a bang. However, this wasn’t the kind of fireworks investorswere hoping for.While gold, silver, and mining stockspartied hard into year-end, the trio woke up to massive hangovers on Jan. 3.Although I’ve been warning for some time that mining stocks would stumble in2021, the New Year is still filled with old problems.For example, the GDX...Read More
For precious metals investors, 2021 will rank as a disappointing year – at least in terms of price performance. Gold and silver lagged behind the stock market as well as broad commodity indexes. Gold showed signs of gathering upside momentum in the spring, but prices settled back down into a wide trading range for the rest of the year. The monetary metal is down about 3% for the year but wil...Read More