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Market Updates

Gold SWOT: The People's Bank of China added 60,000 ounces to its gold reserves in May

Gold now accounts for 7% of China's international reserve assets, a sharp increase from levels prior to the pandemic and Russia's invasion of Ukraine.

Gold, Silver, and Oil: Bullish Wave Counts

We have reached our 23.6% retracement level, so we need to be on guard for the completion of wave -iv-, perhaps at the 3120.90 low, and the start of another rally in wave -v-, which should see gold move to all-time new highs again!

Metals & Energy: Leaders Of The Pack

It's been a massive year for gold, and now silver and platinum are on the move too. Senior miners, gold and silver ETFs, energy, and other commodity plays are now solid leaders of the global investing pack!  

Economy Mis-Read by Fed, but Gold’s Rally Turning Red?

Employing math is a thing of the past! Or to reprise what a seasoned investor said to us here back in April:  “Nobody at Goldman [today] has ever experienced a down market.”

Gold’s Vexing Drift

Central banks and Chinese investors are likely to continue reallocating capital into gold. American stock investors have massive room to buy. Gold’s usual autumn rally could prove the start of this bull’s next surge higher.

Commodity Rally, Led by Gold, Silver & TSX-V: Big Trade Now or After a Summer Dip?

Gold tends to lead a new inflation cycle, sometimes by a country mile. Silver is catching on. The CRB index is poised, and TSX-V is trending. What’s missing from the picture?

Trump Undecided on Joining Israel's Attacks on Iran

​​​​​​​When you look at gold for the week, with all that's going on, you're down 1.2 percent. You have a higher high and a lower low, that is not a bold move at this point in time.

Junior Miners & Silver: Twin Rockets In Play

It’s best to save with gold now, and probably for the next 200 years. A close above $3440 likely defines a major upside breakout as underway.

Gold SWOT: Gold Bullion Now Makes up 20% of Global Reserves

Gold bullion now makes up 20% of global reserves, surpassing the euro as the second-largest reserve asset, thanks to years of central bank buying.

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