Below are 6 factors, illustrated in chart form, that favor gold in the current environment.
Read More »Gold Watch: A Decisive Break Above $1,400/ozt Will Signal Start of Major Advance
A decisive break above $1,400 an ounce could be just around the corner and, to my mind, would signal the start of gold’s next major advance.
Read More »Edelson: Gold Will Drop to $1,250 – $1,275 In Early October
Despite all the bullishness about gold and silver and the mining industry, I’ve maintained for quite some time the view that this first leg up will be dramatically retraced with a crash heading into October.
Read More »The Chinese Gold Market – All You Need to Know (+2K Views)
Today's infographic guides you through the largest physical gold trading market in the world, China.
Read More »Noonan: Charts Suggest Trend For Gold Is UP & Sideways For Silver
You can be 100% assured that acquiring both or either metal is the smartest move one can make to escape the certainty of the Western world financial calamity that is destined to follow. Keep buying as much gold and silver as possible, and we continue to prefer silver over gold, for now.
Read More »Execs flee GLD – The revolving door at the SPDR Gold Trust Sponsor (+2K Views)
A remarkable but little noticed development has occurred behind the scenes of the SPDR Gold Trust (GLD) over the last 3 years. This development concerns the very high level of executive staff turnover at World Gold Trust Services, the New York based ‘Sponsor’ of the mammoth gold GLD gold-backed Exchange Traded Fund that is listed on the NYSE.
Read More »The Low Is In! Gold, Silver & Miners Are Now Primed to Rise Through August Into September
The low of $1,310.70 in gold last week appears to have marked the cycle bottom. With the Fed meeting behind us, gold prices are primed to rise through August - and likely into September - where they will form the next intermediate cycle top.
Read More »TD Bank Has Shifted to ‘Maximum Overweight’ In Gold For Its Portfolios – Shouldn’t You? (3K Views)
The Toronto-Dominion Bank, which oversees more than $230 billion in assets, has “shifted to a ‘maximum overweight’ in gold for its portfolios due to its overall feeling of uncertainty brought about by a sluggish global economy, the Brexit vote, central banking policies, and the upcoming US presidential election.
Read More »31 Incredible Facts About Gold
As we documented in our extensive Gold Series, gold has been used as a monetary metal for thousands of years... It’s the most malleable and ductile metal, and it doesn’t tarnish or corrode. Over time, these properties have helped people to associate gold with concepts such as immortality or royalty. Even today, people are still finding new uses for gold that are impressive in their own right. For example, scientists recently discovered a gold alloy that is four times tougher than titanium. The following infographic puts the rich history of gold into perspective.
Read More »Noonan on Gold & Silver: Charts Say Caution Is Warranted (+2K Views)
This is not a sound for alarm, for the trend for gold & silver remains up, BUT there could be some more corrective activity in the next few weeks. Here's what the charts have to say about the current situation.
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