Market Updates
Gold SWOT: China’s Central Bank Topped Up its Gold Reserves for an 18th Straight Month
Gold's record-breaking rally since mid-February — with successive all-time-highs reached last month — seems to have dented demand, according to Bloomberg.
Frank Holmes
Mon, 05/13/2024 - 10:36
Gold Garners a Groovy Golden Ratio Retracement
Has the near-term downside Gold correction run its course? Or is the perfect Fibonacci Golden Ratio retracement and subsequent same-day pullback signaling the resumption of such downside?
Mark Mead Baillie
Sun, 05/12/2024 - 16:29
Gold is a Counter-Cyclical Anchor
Gold is changing trends, and that does not bode well for 2025 for most markets. Gold has counter-cyclical characteristics and the gold mining industry leverages gold’s relative standing to the cyclical macro.
Gary Tanashian
Sun, 05/12/2024 - 16:11
Fed Watchers, Golden Loads, Job Explosion
Given all the uncertainty, central banks everywhere are loading up on gold. That is one of the prime reasons gold is embarking on what potentially could be a multi-year bull market ala 1971-1980 and 2001-2011.
David Chapman
Sun, 05/12/2024 - 09:55