Deja vu all over again!
In this issue: Vanishing jobs, falling GDPDebt and deficitsNegative real interest ratesNew gold recordsPhysical gold & silver In two short months, the COVID-19 pandemic has resulted in the deepest US economic contraction and loss of jobs since the 1930s. Congress and the Federal Reserve, following the playbook from the 2009 global financial crisis, have responded […]
Read MoreGold’s bull market gathers strength
Coronavirus risks Fragile global growthNegative real rates and QEThe latest chartsGold coins at low premiums Gold's new bull market is gathering speed and strength. After gaining 19% in 2019 for its best year since 2010, the metal has risen another 6% so far in 2020, surging above the psychologically-important $1,600 threshold for the first time […]
Read MoreGold’s quietly spectacular 2019
Sputtering expansion Falling indicatorsBullish charts Low premiums on physical gold Gold is enjoying a quietly spectacular 2019. Following its breakout to a six-year high of $1,560 in September, the metal has been consolidating gains of 14% for the year so far. It's on course for its best annual percentage rise since 2010, during the throes […]
Read MoreGold breaks out above $1,500
In this issue: Manufacturing recessionGold loves cheaper moneyFrom trade war to currency war?Current gold chartGold recommendations Gold has been on a tear, breaking out above $1,500 and hitting a series of a new six-year highs as slowing global growth, cheaper money, and escalating trade wars drive global investors into safe havens. The metal has now […]
Read MoreTurning Point – Gold Climbing Again
In this issue: Slowing global growthRecession coming?Cheap money is good for goldLatest chartsGold & silver recommendations Gold is climbing again, reacting to falling bond yields as the cost of money has become cheaper. Economic growth is slowing in China, Japan, Europe, and the US, hampered by the escalating trade war with China and the threat […]
Read MoreGold firms as dollar weakens
In this issue: Emerging market crises Debt, debt, debt A volatile fall Latest charts Bullion and classic coins Gold fell sharply in August as the dollar surged to 2018 highs, driven primarily by international flights to safety over currency crises in emerging markets. Weakness in the metal quickly turned into a technical selloff as speculators […]
Read MoreSummer dip creates golden opportunity
Gold's Solid FundamentalsThe Latest ChartsGold and Silver Specials A stronger US dollar pressured gold and silver to 2018 lows in late June, creating an exceptionally good buying opportunity in all precious metals this summer. After a sleepy first quarter, the US economy accelerated during Q2 as recent tax cuts took effect, and spending and job […]
Read MoreGold positioned for breakout
Rising debt and deficitsUnderlying inflationChina and dollar hegemonyTrade war rumblingsPhysical gold still on sale! After surging 14% in 2017, its best year since 2010, gold had a relatively quiet beginning in 2018, adding 1.4% during the first quarter. But don�t let the slow start fool you. Gold is now positioned to punch through major resistance […]
Read MoreGold Bullish in 2018
In this issue: Policies ConvergingDollar DroppingGold RisingCheap SilverPhysical Gold on Sale! Gold has started 2018 with a bang, surging over $100 higher in six weeks, driven by a falling US dollar. Unlike 2014 and 2015 when the US economy was expanding at a faster rate than the Eurozone, for the first time in a decade, […]
Read MoreGold’s Bullish Uptrend Intact
World Awash in Cheap Money Rising Risks of Global Debt The Latest Charts Pre-1933 Gold Coins on Sale! As 2017 draws to a close, the renewed bull market in gold that began in January 2016 remains intact. Gold has gained nearly 9% this year, setting a series of higher lows and higher highs despite an […]
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