Market Updates
Gold SWOT: Silver Has Caught up and Outperformed Gold by 10% Since Mid-February
Gold’s ascent rests in no small part on central bank buying, especially from Asia and other emerging markets, writes Bloomberg. This demand is likely to continue throughout 2024.
Frank Holmes
Mon, 04/29/2024 - 12:02
Made Millions Selling Too Soon
Gold declines may be underway following an intermediate top. We will buy on pull backs, but it's too difficult to predict the top at this point. Don't try to catch every penny with trades.
Gary Savage
Mon, 04/29/2024 - 10:17
Technical Scoop: Potential Stagflation, Commodity Friend, Gold Corrects
Stagflation is good for commodities but bad for the stock market. Gold's uptrend is intact unless we break under $2,300. Then we’d shift to a slightly deeper correction and for maybe a bit longer.
David Chapman
Mon, 04/29/2024 - 04:51