RBC views potential for more robust M&A activity in 2023 following a muted year, particularly if recent strength is sustained. Since 1990, historical M&A activity..
Gold rose once again but silver's weakness has us still questioning the gold rally. But we are now through some key resistance zones and the debt limit..
If you think the trend has gone far enough, be careful what you wish for, since, in the unimaginably hard times that may lie ahead, we could get free cereal dispensed one cup at a time..
Strong market in copper, gold backed off a bit. What about the economy, labor ... The pressure on gold $2,000 remains alive.
Positions as of 17 January, 2023
Pushing the upper Bollinger Band and looking good. Gold is $50 from those highs, next resistance highs..
Wow what a day! A mini crash in the markets. Retail sales were weak, PPI and they are weakening..
Will gold have a meaningful pullback now? Well, it’s rallied more than $300/oz from the $1610 area low, so of course that’s possible, but it may not happen.
Major attacks after gold broke the 200 dma has failed. Cartel will lose a lot more battles, a lot of money. Gold had to get above the $1,825 area to first confirm the end..
Gold $1,870.90 and above keeps the gold market in a bullish posture. The upper Bollinger Band has been keeping the price from rising faster..