"We just moved in December. We should let the economy run for a while, see how it has responded to that,"Continue...Read More
The Bank of China increased it gold holdings last month for the first time since the third quarter of 2016 Continue...Read More
As gold has rallied into the New Year, a break above $1,302 an ounce could be a bullish signal for gold, said Peter Hug, Global Trading Director at Kitco Metals."I'd like to see gold close above $1,302, I think that's an important technical level for me, and I think if it gets to $1,302, I think the $1,320s are definitely in the cards," Hug told Kitco News.Read More
This is the 4th and final article in this series that concludes in a trend forecast for the Silver price 2019. Silver Price Trend Forecast 2018 ReviewGold - Silver RatioSilver Price Trend Analysis 2019Silver Price Trend Forecast Conclusion for 2019The whole of this analysis has first been made available to Patrons who support my work.So for immediate First Access to ALL of my analysis and trend fo...Read More
Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 45th year in the gold businessJanuary, 2019_____________________________________________________________________________________________________________________________Gold mine production by countryDivergent paths among the major global producers tell an important taleSources: MetalsFocus and the World Gold Coun...Read More
By: Gary TanashianThe 3 Amigos were a blogger's way of not boring himself to death while fleshing out important macro indicators month after month.Amigo #1 (SPX/Gold ratio) got home and dropped from target. What's more, it has taken back the ratio's equivalent of the entire Trump rally and that is an eventuality we are very open to on nominal SPX as well.The gaps are interesting and among sev...Read More
John Williams & Chris Waltzek Ph.D. - January 8th, 2019. -- CLICK HERE TO LISTEN NOW (Mp3 file) HighlightsThe founder of Shadowstats.com, a leading online alternative economic-resource offers listener's a financial market overview for 2019.John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored.The inordinately large global financial-bubble...Read More
By: Gary ChristensonJohnny Cash sang "Folsom Prison Blues" in 1957. The first verse is:I hear the train a comin'It's rollin' round the bend,And I ain't seen the sunshineSince I don't know when.I'm stuck in Folsom PrisonAnd time keeps draggin' onBut that train keeps a rollin'On down to San Antone.The Federal Reserve operates from The Eccles Building in D.C. Regarding the Fed I suggest changing "F...Read More
Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More
The signal has preceded solid gains for the S&P, historicallyFor the first time in nearly three years, the weekly Investors Intelligence (II) survey showed more market newsletters were bearish on stocks than bullish. The survey started in 1963. II analyzes more than 100 independent newsletters and determines whether they are bullish or bearish on the stock market (they also have a third designatio...Read More
Full Article: Is the Fed Done Hiking Rates? Watch the Price of Gold By: Frank HolmesKing Dollar was on top in 2018, one of the few major assets to close the year in the black on steady interest rate hikes and robust economic growth in the U.S. But greenback strength is a double-edged sword, as you know. Although good for U.S. consumers, it can hamper exporters, commodities, oil, gold and more.So...Read More
Who would have thought I would be forecasting that the Nasdaq could zoom to 10,000 this year? Two things have changed my perspective in recent months: The Q4 2018 crash Continue...Read More
Are stocks "cheap" again?Is it time once again to cast your bread upon the waters... and buy?Today we rise above the daily hurly-burly of the market... take the long view... and ransack the past for clues about the future.The major averages were negative for 2018. And the stock market has just emerged from its bleakest December since 1931.But the market has found a toehold, bleats the consensus. T...Read More
By: Mickey Fulp Price ratios determine relative value of the precious metals and are useful tools for deciding which metal to buy at any given time. In previous musings, I documented the history of gold and silver prices and ratios from the United States' abandonment of the gold standard to present, then followed with similar treatments for platinum-gold and platinum-palladium (Mercenary Musin...Read More
By: Stewart Thomson 1. It's time for the queen of assets to rest and consolidate. Nothing goes up in a straight line, and that's certainly true for gold!2. Please click here now. Double-click to enlarge this daily gold chart.3. A pullback to about $1250 would be a healthy 50% retracement of the $100 rally from $1200 to $1300.4. Gold begins 2019 with some very positive...Read More
Focus will be on US-China trade talks and its result. Central banks are buying gold as per releases by the world gold council. Retail investors are waiting for more correction. Right now there is NO "herd mentality" to buy or invest in gold and silver. Herd is there when prices shoot up in the short term with no signs of correction. In the next seven days (till 16th January 2019), spot gold need...Read More
(Corrects mix of assets for Vanguard Intermediate-Term Corporate Bond ETF under "stocks, ETFs in trouble.") In December, the S&P 500 Index fell 10%. It was its worst December since 1931. When the market drops, conventional investing wisdom says buy bonds. And this is what investors did. Many have shifted money out of stocks into bonds. Much of that money has flowed into investment-grade corp...Read More
As we mentioned in an update to members Sunday night, over the next 30-60 days we are working to implement and automate some of our best trading setups (Trend/Swing trades, spike alerts, and gap trade) so they post instantly for you in the member's area. Our goal is to provide members with 1-3 trade setups each week like clockwork.Below is a quick update showing two setups that unfolded this m...Read More
Boeing popped on positive trade headlines, while subscriber growth boosted VerizonPositive U.S.-China trade headlines fueled a risk-on session today, with negotiators extending talks to a third day. The Dow climbed 256 points, boosted by a strong gain for trade-sensitive stock Boeing (BA). Verizon (VZ) also created tailwinds for the blue-chip index, thanks to impressive subscriber growth. This hel...Read More
SunTrust Robinson upgraded the stock to "buy"The shares of Monster Beverage Corp (NASDAQ:MNST) are popping on an upgrade from SunTrust Robinson. The brokerage firm hiked its rating to "buy" from "hold," and lifted its price target to $65 from $50. Analyst William Chappell also upped his earnings estimates for the next two years, and downplayed concerns overCoca-Cola (KO) entering the energy drink...Read More