Gold News

Don’t let your bank hold your gold. They might not find it. A gold investor told us recently that his Swiss bank had moved the client’s gold from the bank’s safe to a private vault in the name of the bank, in Zurich. The client was aware of this move. But then the p
Last week's action saw gold forming its high in Tuesday's session, here spiking all the way up to a peak of 1442.90. From there, however, a consolidation to the downside was seen into later in the week, with the metal dropping down to a low of 1401.40 - before bounc
Finally it happened although it took 6 long years to break through The Gold Maginot Line at $1,350! This resistance was a lot stronger than the original French one in WW II since it took the Germans less than a year to penetrate it in 1940. But we must remembe
A while ago, I wrote about a coming confirmation of the multi-year gold bull market. It has taken longer than expected, but that signal has now arrived, and the bull is very much confirmed. Here is a gold chart indicating that very important signal I have
For the gold market, last week's trading saw the metal forming its low in Monday's session, here doing so with the tag of the 1336.60 figure (August, 2019 contract). From there, a near straight shot higher was seen into late-week, with the metal running all the way
The gold market is looking a lot like it did early in the millennium, at the start of the bull market. It is setting up for a gold bull market that is likely to be way more intense than the previous one, due to the structural weaknesses incurred by the monetary system s
At the beginning of last week, I was challenged with a wager on the gold price. The individual, who called me a “gold pumper”, wanted to bet $1 million on the gold price going below $1,000 before it reached the Maginot Line at $1,350. Since the gold price was $1,325
Last week's trading saw gold forming the bullish pattern of an early-week low into support, with the metal hitting a bottom of 1323.60 - made in Tuesday's trading session. From there, strength was seen into later in the week, with the index pushing up to an early-Fr
The breakout in gold and silver that we have been patiently waiting for is now starting. The long term up move in the precious metals, which have been pausing since 2011, is now resuming. We can with confidence expect all the short term resistance levels to be broken. T
Gold saw its low for last week made in Monday's session, here doing so with the tag of the 1310.90 figure. From there, a sharp rally was seen into later in the week, with the metal running all the way up to a Friday peak of 1352.70 - before backing slightly off the