Investing

the daily chart is currently bearish, indicating the continuation of the correction or consolidation in the short term. However, new lows below USD 60,760 are not yet foreseeable.... A volatile back-and-forth between approximately USD 61,000 and USD 67,000 could be sufficient to build a base and to then generate a new contrarian buying signal within a few days.

This user-friendly platform offers a seamless experience, allowing you to invest in gold as easily as you would any other digital asset.

With the expectations by some that gold is on the verge of a big breakout on the upside, one might be lulled into thinking that such a move would boost mining shares out of their doldrums. That could happen; but, it is not something that is likely. Nor, is it something with historical precedent.

Whether the excitement surrounding Bitcoin is siphoning flows away from gold is unclear, but there does appear to be some disconnect between gold’s price action and investment levels. Historically, the gold price and holdings in gold-backed ETFs have traded in tandem, but starting in 2023, the two began to decouple,

The bullish trend has remained firmly intact again this week, as the market tested the 20-DMA, the bottom of the trend channel, early in the week, which sparked buyers to push the index to all-time highs by the week’s end.

Whether you think the market is in a bubble or just forming a short-term top is mainly irrelevant but if you’re nearing retirement, or are a retiree, your investment horizon is shorter than that of much younger people it may be wise to consider the possibility.

Some investors believe... the outcome of the Super Bowl could determine which direction the stock market will head. The thesis behind the Super Bowl stock indicator is this: If an AFC team [this year its the Kansas City Chiefs] wins the Super Bowl, a stock market decline or bear market can be expected by year-end. Conversely, if an NFC team [this year its the San Francisco 49ers] wins, it’s all roses ahead.

The Baltic Dry Index is, in my opinion, the best leading economic indicator to follow when the media is telling us the economy is looking great one week and then predicting a double dip recession the next. Let me explain. Words: 933

At first glance, buying gold may seem a simple, straight forward process. However, there are dangers, such as falling for a telemarketer's line that his coins are "non-confiscatable" and somehow have more value because you bought them from him. Basic bullion is the way to go when investing in gold. Words: 788

If you're trying to invest in precious metals, then stick to bullion coins or bars. Don't be distracted by numismatics, rare coins, collector's items, or fancy packaging or grading schemes...Even though I have long warned of the dangers of the industry, it is hard for retail investors not to be led astray by high-pressure salesmen [but] reading this guide is a step in the right direction. Words: 1000