In line with bearish bets, miners havethrown a match. Gold, however, doesn’t want to leave the ring without a fight.How long will it stay high?While gold remains relatively firmdespite stock market turbulence, rising real yields, and bearish technicalindicators, even a confluence of headwinds hasn’t been able to knock the yellowmetal off its lofty perch. However, mining stocks haven&rs...Read More
In line with bearish bets, miners havethrown a match. Gold, however, doesn’t want to leave the ring without a fight.How long will it stay high?While gold remains relatively firmdespite stock market turbulence, rising real yields, and bearish technicalindicators, even a confluence of headwinds hasn’t been able to knock the yellowmetal off its lofty perch. However, mining stocks haven&rs...Read More
In line with bearish bets, miners havethrown a match. Gold, however, doesn’t want to leave the ring without a fight.How long will it stay high?While gold remains relatively firmdespite stock market turbulence, rising real yields, and bearish technicalindicators, even a confluence of headwinds hasn’t been able to knock the yellowmetal off its lofty perch. However, mining stocks haven&rs...Read More
LONDON, 10 March 2022 - The UK's Daily Telegraph newspaper today reports on its website that new gold investing is jumping at BullionVault, but selling has jumped faster.As Russia's invasion of Ukraine continues, BullionVault users have bought ?30m of gold between them over the last 7 days, says The Telegraph.But existing users of the world-leading platform have meantime sold ?40m-worth as price...Read More
LONDON, 8 February 2022 - Analysis from BullionVault today leads the latest gold-price report from leading US finance site MarketWatch.While rising interest rates can often act "like kryptonite to gold, sapping its strength," says director of research Adrian Ash, "the Fed is clearly so far behind the curve on inflation that the solid bid for gold says it's either too late to ever catch up, or it's...Read More
Beware, the Fed’s tightening of monetary policy could lift real interest rates! For gold, this poses a risk of prices wildly rolling down.The first FOMC meeting in 2022 is behind us. What can we expect from the US central bank this year and how will it affect the price of gold? Well, this year’s episode of Fed Street will be sponsored by the letter “T”, which stands for &l...Read More
Technical Analyst Clive Maund examines the charts for the Market Vectors Gold Miners ETF, code GDX, and sees good cause to be positive about gold's future outlook.In this update we are going to do something that we haven’t done for a while, which is to examine the charts for the Market Vectors Gold Miners ETF, code GDX, in an effort to figure out where it is in its cycle, and as we will see...Read More
Beware, the Fed’s tightening of monetary policy could lift real interest rates! For gold, this poses a risk of prices wildly rolling down.The first FOMC meeting in 2022 is behind us. What can we expect from the US central bank this year and how will it affect the price of gold? Well, this year’s episode of Fed Street will be sponsored by the letter “T”, which stands for &l...Read More
Technical Analyst Clive Maund examines the charts for the Market Vectors Gold Miners ETF, code GDX, and sees good cause to be positive about gold's future outlook.In this update we are going to do something that we haven’t done for a while, which is to examine the charts for the Market Vectors Gold Miners ETF, code GDX, in an effort to figure out where it is in its cycle, and as we will see...Read More
Beware, the Fed’s tightening of monetary policy could lift real interest rates! For gold, this poses a risk of prices wildly rolling down.The first FOMC meeting in 2022 is behind us. What can we expect from the US central bank this year and how will it affect the price of gold? Well, this year’s episode of Fed Street will be sponsored by the letter “T”, which stands for &l...Read More
Technical Analyst Clive Maund examines the charts for the Market Vectors Gold Miners ETF, code GDX, and sees good cause to be positive about gold's future outlook.In this update we are going to do something that we haven’t done for a while, which is to examine the charts for the Market Vectors Gold Miners ETF, code GDX, in an effort to figure out where it is in its cycle, and as we will see...Read More
Beware, the Fed’s tightening of monetary policy could lift real interest rates! For gold, this poses a risk of prices wildly rolling down.The first FOMC meeting in 2022 is behind us. What can we expect from the US central bank this year and how will it affect the price of gold? Well, this year’s episode of Fed Street will be sponsored by the letter “T”, which stands for &l...Read More
Technical Analyst Clive Maund examines the charts for the Market Vectors Gold Miners ETF, code GDX, and sees good cause to be positive about gold's future outlook.In this update we are going to do something that we haven’t done for a while, which is to examine the charts for the Market Vectors Gold Miners ETF, code GDX, in an effort to figure out where it is in its cycle, and as we will see...Read More
As the gold “community” rationalizes gold’s currently low standing…As unpopular it may be, I cannot alter the truth as I see it. Marketing is fine, but never at the expense of truth, as with much financial media/analysis (with little disclaimers tucked in below the fold).In my opinion, a sizeable component of the gold ‘market’ is actually marketing; to the fear...Read More
The US Federal Reserve, whose job is to keep unemployment in check and inflation in the “Goldilocks” zone of 2%, is telegraphing three interest rate increases of 0.25% each (1% at the high end of the range) this year.Bloomberg believes the Fed might be more aggressive: “Our baseline is for the Fed to hike five times, each 25 basis points, this year, and balance-sheet runoff to be...Read More
As the gold “community” rationalizes gold’s currently low standing…As unpopular it may be, I cannot alter the truth as I see it. Marketing is fine, but never at the expense of truth, as with much financial media/analysis (with little disclaimers tucked in below the fold).In my opinion, a sizeable component of the gold ‘market’ is actually marketing; to the fear...Read More
The US Federal Reserve, whose job is to keep unemployment in check and inflation in the “Goldilocks” zone of 2%, is telegraphing three interest rate increases of 0.25% each (1% at the high end of the range) this year.Bloomberg believes the Fed might be more aggressive: “Our baseline is for the Fed to hike five times, each 25 basis points, this year, and balance-sheet runoff to be...Read More
As the gold “community” rationalizes gold’s currently low standing…As unpopular it may be, I cannot alter the truth as I see it. Marketing is fine, but never at the expense of truth, as with much financial media/analysis (with little disclaimers tucked in below the fold).In my opinion, a sizeable component of the gold ‘market’ is actually marketing; to the fear...Read More
The US Federal Reserve, whose job is to keep unemployment in check and inflation in the “Goldilocks” zone of 2%, is telegraphing three interest rate increases of 0.25% each (1% at the high end of the range) this year.Bloomberg believes the Fed might be more aggressive: “Our baseline is for the Fed to hike five times, each 25 basis points, this year, and balance-sheet runoff to be...Read More
As the gold “community” rationalizes gold’s currently low standing…As unpopular it may be, I cannot alter the truth as I see it. Marketing is fine, but never at the expense of truth, as with much financial media/analysis (with little disclaimers tucked in below the fold).In my opinion, a sizeable component of the gold ‘market’ is actually marketing; to the fear...Read More