The euphoric US dollar rocketingstratospheric to extreme multi-decade highs slammed gold this week! That vertical surge ignited heavygold-futures selling, hammering gold into a serious technical breakdown. The resulting sentiment damage was severe,with traders now convinced gold is doomed to spiral much lower. But a major reversal is imminent in theradically-overbought dollar, wh...Read More
Commodities have been corrected hard, generally to supportIt is amazing how compressed the cycles are in the markets these days. But maybe it’s not so surprising when you consider the constant involvement of meddling, manipulating central banks and even governments. Add a dash of hysterical media and the human instinct for knee-jerk herding and voila, there you have it; sentiment in commodit...Read More
Oil prices fluctuated on fears of arecession and a contraction in demand. What are the main figures to observe inthis critical month?Crude oil prices hovered between red andgreen on Thursday after two days of steep losses this week, still plagued byfears of a global economic recession that could threaten demand but also supplycuts in a tight market.NewLockdown and Restrictions for the Chinese Pand...Read More
On Tuesday, July 5th, Crude Oil collapsed very sharply, down over 10% near the lows, in an aggressive breakdown of the price. The $97.43 lows reached that day were more than -14% from recent highs (set on June 29, 2022) and more than -21% from highs set on June 14, 2022.Consumer Discretionary Spending Likely To Fall FurtherIn a recent research article (published June 9, 2022: CRUDE OIL PRICE AND C...Read More
Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it. Long feared as the summer dold...Read More
The upcoming stagflation might be lesssevere than in the 1970s. So is the Fed’s reaction, which could mean good newsfor gold.There are many terrifying statements you can hear from another person. One example is: “Honey, we need to talk!” Another is: “I’m from the government and I’m here to help.” However, the scariest English word, especially nowadays, is...Read More
While gold and silver prices have fluctuated somewhat oflate, both assets were performing a little more solidly throughout US tradinglast week. In fact, August gold futures were up by around $6.90 at$1,828.10 by Wednesday last week, while JulyComplex silver futures increased by $0.054 to $20.86 per ounceduring the same timeframe. However, the market remained watchful head of a highlyanticipated ce...Read More
Demand for crude oil is accelerating –a bullish sign for its prices. What may the current energy market environmentsay about the black gold’s outlook?AChinese Panda’s Appetite On the Asian continent, the lifting ofhealth restrictions in China could signal resuming oil demand for the world’stop consumer. Given the context of tight supply, this has partially triggered areboun...Read More
Gold stocks latest swoon confirms what has been stated and inferred in my previous articles about gold mining shares – namely, gold stocks are a lousy investment.The original article linked in the preceding paragraph was published in September 2016. I just finished reading it again and find no reason to edit or modify its contents.The price of gold peaked in the summer of 2016 – shortl...Read More
Let's not be confused by the temporaryUSDX weakness. Junior miners are faint and we can expect them to decline againsoon.Apriland May Replay? Although history doesn’t repeat itself tothe letter, it rhymes. At least that’s what tends to happen in the financialmarkets.In today’s analysis, I’ll explain why Ithink we’re about to see another example of the above in the cas...Read More
The recent downward Crude Oil trend may have caught many traders by surprise. Just before the US Fed raised interest rates on June 15, 2022, Crude oil was trading above $120ppb. Less than 5 days later, it collapsed -12% and has continued to trend lower. Currently, Crude Oil is near -17% lower than recent highs.It appears Crude Oil has confirmed resistance near $120 and is devaluing as consumers pu...Read More
Are you thinking about investing in precious metals? Preciousmetals have been considered a good investment for centuries. There are manyreasons they are seen as a valuable commodity, and in this article, we willdiscuss some of the most important ones. From their stability to their abilityto hold value over time, precious metals are an excellent choice for investorswho want to protect their money....Read More
As they leverage the macro, what’s good for gold is even better for gold minersAfter last week’s article, in which we noted a unique move on ‘CPI Friday’ as gold and the miners put in an expected test of the lows and quickly reversed upward, unique among a world full of bearish markets…A pivotal juncture for gold and gold stocks…let’s take a checkup on a...Read More
GoldCore, Released on 7/10/22Dr. Marc Faber of the Gloom, Doom, Boom report gives us his thoughts on the rock and the hard place that central bankers currently find themselves. He also gives us some insight into the weaponization of financial assets, where the war in Ukraine will go and the best piece of advice he's ever received. Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD i...Read More
GoldCore, Released on 7/10/22Gareth Soloway, In the Money author and all round chart expert, joins us once again to give us his expert perspective on what's been going on and what to look out for in gold, silver and the broader markets. Gareth Soloway is a professional trader and the President, CEO, & Chief Market Strategist for InTheMoneyStocks. Gareth Soloway, gold, investing, silverGareth So...Read More
Ben Shapiro, Released on 7/10/22Robert Kiyosaki is the bestselling author of Rich Dad Poor Dad - a now iconic book on growing up faced with two opposing mentalities towards money that's still on the charts and still acclaimed today, 25 years later. But our economic landscape has been dramatically changing recently. What does that mean for "Rich Dad" philosophy in the year 2022? His newest book, Ca...Read More
Wolfstreet, Released on 7/10/22The USD had a heck of a ride, which kept inflation from spiking even further. But it may not last much longer.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he wor...Read More
The Deep Dive, Released on 7/9/2200:43 Did bitcoin, after being so profound an idea, fail?06:58 How much gold does China have? Should the US be scared?10:45 Will the Fed raise interest rates again given the US dollar's strength?18:08 Why is silver under $20 right now?23:34 Is now the time for precious metals?25:40 Why globalism probably won't workDavid Morgan is a world-renown precious metals afic...Read More
GoldSilver Pros, Released on 7/8/22We discuss why gold is not only natural money that needs no human intervention but also is the essence of liberty itself. We discuss many topics related to gold and fiat currencies such as money velocity, inflation, the Fed and central banking, and individual economic freedom. James Turk has specialized in international banking, finance and investments since grad...Read More
Liberty and Finance, Released on 7/9/22 0:00 Intro0:59 De-dollarization10:00 Gold/silver update12:21 Recession15:52 Worse than Volcker eraAdrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored tw...Read More