Gold News

Turbulent Financial Markets Trade wars certainly dominate the news lately. The situation will likely deteriorate further in the remaining months of 2019. This article is a trio of our earlier articles on this website. The first one deal with long term cycle analy
Previously, I have shown how we could be close to major financial/monetary crisis. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to 1918. Th
Dissecting Financial Anatomy In our earlier article, we discussed the big financial disruption is coming to us this year and will last to 2021. No doubt President Trump is viewed as a financial disrupter since 2016. His recent trade wars with China and Mexico hav
Last week's trading saw gold prices forming its low later in the week, here doing so with the Thursday tag of 1279.20 (August, 2019 contract). From there, a slingshot higher was seen into Friday's session, with the metal running all the way up to a peak of 1311.90 -
History Always Repeats Last week, trade wars went into high gear, caused by President Trump’s insistence that Mexico stopped illegal immigration from entering US. President Trump further insisted that China stopped intellectual theft and other malpractices accord
Will Atlas save the world? Global debt of $250 trillion can neither be serviced nor ever repaid. More likely, it will continue to grow exponentially until the world financial system collapses under the weight of the debt plus unfunded pension and medical liabilities
Last week's trading saw gold forming the more bullish pattern of an early-week low into support, with the metal bottoming in Tuesday's session with the tag of the 1269.00 figure. From there, strength was seen into Thursday, here pushing back up to a high of 1287.10
The massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider
Gold saw its high for last week registered in Tuesday's session, here doing so with the tag of the 1304.20 figure (June, 2019 contract). From there, a sharp decline was seen into late-week, with gold prices dropping all the way down to a Friday low of 1274.60 - also
Last week's trading saw gold holding in an upside consolidation, with the metal forming its low in Monday's session with the tag of the 1278.10 figure. From there, strength was seen into a Wednesday high of 1292.80 - before turning slightly lower off the same to end