Gold News

As pointed out in my last article, gold was holding in a consolidation pattern - with several key price reversal levels holding the last try at strength. With that, the metal broke to the downside into late last week, with the mid-term cycles continuing to point sou
Brexit, Quitaly and Grexit. Debt Defaults, Stock Shocks, Bond Bubbles, Properties Popping, Derivative Defaults and Banks Busting. Well that is just some of the events that twill take place in the next few years. But the world is living in ignorant bliss of what is
With the action seen last week, gold is holding in a consolidation pattern at the present time, with the same expected to give way to an eventual up-cycle phase into mid-to-late Summer. Having said that, no larger turn has been confirmed, putting us in 'wait-and-see
The ECB (European Central Bank) just had its 20th birthday. But there is really nothing to celebrate. The EU is in a total mess and the Euro which was launched on January 1, 1999 is a failed currency. Every President of the ECB has had to deal with fires that had ve
The fundamental drivers for gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive gold and the same drives the greenback though with respect to differentials between the other competing currencies. Whe
Gold is in a primary recovery pattern as it attempts to break above its 2016 peak of $1,378 per ounce. This recovery pattern appears over and over again throughout history – the success or failure of gold to maintain the structure of this pattern will pave the way f
Due to numerous inquires regarding the U.S. stock market, in this week's article I have decided to take a look at the cycles in the SPX, though first we want to take another look at Gold - which was fairly quiet last week. Gold's Mid-Term Picture From the comm
In 1980, global assets, including property, were less than $20 trillion. Today almost 40 years later they have grown to $524 trillion. That is a compound annual growth rate of 9% which is quite remarkable for a 38 year period. Global assets have gone up 26 fold during t
Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar co
For the mid-term picture, the next low of significance for the gold market is due to materialize at anytime, a bottom that is expected to come from the 20-week time cycle. Having said that, as yet there is no actual confirmation that low is in place, though our key

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