September 8, 2017 |

Time for Some Back and Fill?

highs near

As we have stated for some time now, gold could be at the early stages of a multi-year protracted bull market. In recent action, gold has eclipsed its previous swing highs and has covered some serious ground in a short period of time. Although we believe that further upside-and lots of it-is likely to be seen in gold in the coming weeks and months, no one has “missed the boat” as of yet, and now is as good a time as any to start adding... Continue Reading

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September 7, 2017 |

Nuclear Chicken

Over the weekend, North Korea reportedly performed a successful test of a hydrogen bomb. The underground test caused significant seismic activity, and state media was quick to call the test a success. This latest provocation by North Korea has upped the stakes once again. For those of you who do not know what a hydrogen bomb is, it is a nuclear device that uses fusion (or the joining of atoms) rather than fission (or the splitting of atoms) to release energy. The fusion bomb is... Continue Reading

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September 4, 2017 |

A Sea of Black Swans

Let’s be clear about something: The ongoing escalation in tensions with North Korea may be having an effect on the gold market, but is it not the primary driver of gold. Gold had a very strong session on Monday to begin the trading week before news of another missile test by North Korea hit the wires. The fact is, there are numerous potential black swans that could really derail global equity markets and drive a massive spike in risk aversion and overall market volatility. North... Continue Reading

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August 31, 2017 |

Is Risk Aversion Set to Take Center Stage?

North korea missile

In a highly provocative act, North Korea conducted another missile test Monday afternoon that set gold, stock index futures and currencies on the move. The missile reportedly flew over Japan and landed in the Pacific Ocean off the waters of the northern region of Hokkaido. The last time a projectile from North Korea flew over Japan was 2009. The U.S. and Japan believed that launch to be a test of an ICBM, while North Korea claimed it was simply a rocket carrying a satellite into... Continue Reading

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August 29, 2017 |

3 Reasons You Should Be Buying Gold Right Now

More Trouble Ahead

Although the reasons to buy physical gold are many, there are currently three primary themes that make buying the yellow metal at current levels a potentially great decision. Stocks could finally be on the verge of a catastrophic collapse: The bull market is a decade old-a decade- and is finally showing signs of total exhaustion. With the economy continuing to produce sub-ideal growth and with stock valuations arguably stretched at current levels, the time may be ripe for the next major stock market crash. A... Continue Reading

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August 25, 2017 |

Will Central Bankers Ignite the Next Leg Up?

Gold has been trading around the $1300 mark for several sessions now, and the yellow metal may simply be biding its time until there is enough buying “tinder” to stage a clean upside breakout above the recent highs. Fortunately for the gold bulls, there are numerous issues that could potentially fuel a significant break higher in prices, and one of them could be this week’s Fed symposium taking place in Jackson Hole, Wyoming. This symposium is hosted by the Kansas City Federal Reserve and essentially... Continue Reading

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August 21, 2017 |

Surprise Surprise

on the way

The gold market got a nice boost in early action on Thursday as some global central banks remain decidedly dovish regarding monetary policy. For the time being, a lack of inflationary pressures appears to be greenlighting central banks to keep their feet on the gas pedal, and low rates may be the norm for some time to come. The recently released minutes for the latest ECB meeting echoed concerns of the U.S. Fed. Citing inflation levels that continue to run below target levels, the ECB... Continue Reading

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August 17, 2017 |

Is Gold on the Verge?

strength in gold bars and coins

Gold has been quietly moving higher for some time now, and the yellow metal could be gearing up for a significant upside breakout. Numerous issues have helped propel the metal higher in recent weeks, including but not limited to geopolitical tensions, worries over the debt ceiling, a dovish Fed and potential topping action in equity markets. In a recent article from Kitco.com, Dennis Gartman, author of The Gartman Letter, suggested that gold is about to finally breakout. He was quoted as saying “Gold is about... Continue Reading

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August 15, 2017 |

Bears Beware

All-time highs

Trading gold over the last several months may have been profitable for those active traders who bought the bottom of the range and sold the top. As with any trade or investment, however, the more times the trade works the greater the danger of returning to the well one too many times. This may be exactly the case with gold as it approaches its recent highs. There will likely be those looking to sell the recent rally and strength in gold, and those investors may... Continue Reading

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August 11, 2017 |

A Scary Place

North korea missile

The ongoing escalation in tensions between the U.S. and North Korea could unfortunately be headed to a new level. According to a report by the Washington Post, North Korea has produced a miniaturized nuclear warhead that can fit into its missiles. The newest development in the ongoing saga brought harsh rhetoric from U.S. President Donald Trump who stated that “North Korea best not make any more threats to the United States. They will be met with fire and fury like the world has never seen.... Continue Reading

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