Bullish momentum building
In this issue: Drag on dollarCharts and changing trends Fantastic values in classic gold coins As 2017 nears its midpoint, gold is strong and bullish momentum is building. After rising for 10 of the past 11 weeks, the metal is now 11% higher for the year. The dollar, meanwhile, has weakened sharply as stronger economies […]
Read MoreGold Rallies as Dollar Falls
In this issue: Dovish Rate HikeGridlock ReturnsCharts and Changing TrendsLow Prices on Classic Coins & Bullion The past two weeks have been heady times for gold and silver. Gold has surged 4.5% in the last eight trading sessions, pushing prices to a four-week high above $1,250. Silver has jumped nearly 6.5% in the same period, […]
Read MoreGold surges on fading Trump Bump
Fading Trump BumpCharts and changing trends Superb values in coins & bullion For the second January in a row, precious metals started the New Year on a tear. Rebounding strongly from cyclical lows in December, gold is now up 9% and silver 12% so far in 2016, while platinum and palladium have jumped 13% and […]
Read MoreGold, silver break out!
In this issue: Brexit solidifies the uptrendLatest gold, silver charts Superb values in classic coins Gold and silver are in breakout mode, confirming solid uptrends that began six months ago. Following Britain's shocking vote to exit the European Union on June 23, both metals have surged to their highest prices since mid-2014. Gold has now […]
Read MoreWhy gold gained $100 last week
Gold is off to a fantastic New Year. Last week it surged 7.1% for its best weekly performance since December 2008, when the financial crisis crippled markets and sent panicked investors scurrying for safety. It has been one the best-performing assets in 2016, gaining more than 14% to a one-year high as fears about slowing […]
Read MoreGold breaks out in solid uptrend!
China contagion and the Fed Downtrend in U.S. dataEver-receding rate hikeCharts and changing trends Great values in classic gold coins After being pressured for months by a strong dollar and expectations of a rate hike from the Fed, the gold market is now signaling an important reversal of trend. The yellow metal has surged more […]
Read MoreGold Breaks Out on Rising Volatility
Rising with the Dollar Swiss Bombshell Latest One-Year Charts Classic Gold Coins at Low Prices Gold is now in a technical break-out. After surging nearly 5% last week and bolting through several key resistance levels, it has gained more than 9% so far this year, the best annual start since 1986, and 13% since in […]
Read MoreThe Swiss Gold Initiative
A Grassroots Movement The Risks of Unprecedented Global Easing Gold Market Implications On Sunday, the citizens of Switzerland will cast a historic vote to determine how their government will maintain its future financial health. The referendum is known as the Swiss Gold Initiative. Its tacit goal is to lower government debt and support the Swiss […]
Read MoreDollar rally pressures metals
Relatively stronger U.S. growthInterest rates and the FedA more dovish shift?18-month chartsGreat values in classic gold coins The most significant development in the gold market over the past two months has been the unprecedented rally in the dollar. The U.S. currency recently closed its strongest quarter in six years by gaining for a record-breaking eleven […]
Read MoreGold signals bullish shift
Two-tiered trading range"Inverse head-and-shoulders" patternRising physical demandBullish charts for other metalsGreat values in classic gold coins As you may know, gold has been trading sideways for a year, locked in a rather large, two-tiered range following its major correction in 2013. While not altogether unexpected after so many years of rising prices, this stagnation has […]
Read More