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Market Updates

Metals: PPI Either Confirms or Denies Inflation Pressures in the US

When you take a look at what the market did, you can see the market was down $14. It didn't feel like it, it felt like it was higher because it was able to bounce from there.

All About US CPI Numbers

When we look at the gold market, it's up another three-quarters of a percentage point, up another $17 for the week. For the daily charts, it's still moving right along – the pattern has been and continues to be higher lows and higher highs.

Dovish CPI: A Super Surge For Gold?

All precious metals investors should be prepared to buy gold, silver, and the miners with significant aggression on a price dip to $2100.

Why Did Gold Go Boom?

I have to be honest that the metals complex is my favorite segment of the market to trade, especially when it is rallying.

Gold SWOT: Central Banks Continue Adding Gold to Their Portfolios

Gold, and in particular, silver, had a buoyant week, climbing higher last Friday despite the surge in nonfarm payrolls. One would expect the release to temper gold back, as it will be longer before any rate cuts materialize now.

Gold ‘Overbought’ is Great!

The key point here is that gold finally and rightly is getting repriced to a somewhat more reasonable level, albeit still well below said Scoreboard valuation.

Technical Scoop: Fight Fear, Precious Highs, Monetary Expansion

Its breakout above $2,200 appears to be busting above the handle. If that is correct, the pattern suggests that gold could have targets up to the $3,050 zone with potential minimum objectives of $2,375/$2,385.

It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)

The gold breakout represents a major positive move in the making for the anti-bubble and as such, a negative one coming for traditional bubble beneficiaries.

Gold-Stock Upside Targets

gold stocks’ upside potential is massive.  Not only have they been battered technically, but they are deeply undervalued fundamentally.  They are earning fat and fast-growing profits thanks to these high prevailing gold prices. 

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