Gold Headlines

Foreigners buy U.S. Treasuries in June, after selling three straight months: data

Here’s Every Gold & Silver Correction in Their Two Biggest Runs, vs. Today

If you’re familiar with Mike Maloney, you probably know he (and I) actually like it when gold and silver prices correct. It gives us an opportunity to add more ounces at a better price. But not every investor likes corrections. For some it’s worrisome. Others want to know why the price is falling. Still others wonder if the correction is over and a good time to buy. The recent drop in gold and silver brought up these concerns again. So I thought it was time to examine that abrupt…

Belarus’ president remains defiant, NATO ‘closely monitoring’ situation

Gold prices pop higher as Buffett picks up shares of world’s second-largest miner

“We will have a new bullish signal with a clear surpass of $1,965, in a scenario that remains dominated by coronavirus news and fears of further lockdowns,” wrote Carlo Alberto De Casa, chief analyst at ActivTrades in a note. “Expectations for further actions by central banks remain ever present and this is another supportive element for gold. A fresh decline below the support zone of $1,920-$1,930 would denote weakness.” https://www.marketwatch.com/story/gold-prices-pop-higher-as-buffett…

Dollar in the doldrums; U.S. politics, Fed minutes eyed

Japan's record economic plunge wipes out Abe era gains (annualised -27.8%)

Gold firms on weaker dollar as focus turns to Fed (Reuters)

Gold fell 4.5% last week in its biggest decline since March as investors reassessed positions after bullion retreated from a record peak of $2,072.50 scaled on Aug. 7. U.S. gold futures. gained 0.5% at $1,958.90 per ounce. Gold does not "seem ready to resume the selloff in earnest as traders wait for FOMC meeting minutes and the fate of U.S. fiscal stimulus negotiations," said DailyFx currency strategist Ilya Spivak. "Prices may need to reclaim a foothold above the $2,000/oz figure to…

Warren Buffett buys gold! Should you?

China central bank injects 700 billion yuan of MLF loans, rates steady for fourth month

For China's landlords, rent-to-riches dreams fade in red flag for fragile economy