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Market Updates

Asian Metals Market Update for 12th September

The chance of gold price falling to $2100 and below and that for a few weeks to a few months (in the next sixty months) is zero as of date. 

Gold: A Correction Of Significance?

From the recent highs, GDX has pulled back about 10% while gold eased about 2%.

CPI and PPI This Week Set Fed Up

You can see the price is $20 higher than that on a closing basis. And you can see the market is now in a consolidation.

Bounce but No Trend Change

This market's just sort of hanging right here; trying to see what's gonna happen next.

Gold SWOT: Holdings in Gold ETFs Expanded Again in August

Gold has held steady in the $2,500 an ounce range, plus or minus, for the last month. Holdings in gold ETFs expanded again in August.

Sentiment Speaks: Will Kamala Or Trump Cause A Depression?

I believe the next U.S. President will be seen as ineffective due to negative social sentiment, leading to a strong downturn and a potential multi-year or multi-decade bear market.

The Dollar Is in a Secular Bear Market

The dollar likely finished a 14-year secular bull market in late 2022, starting a bear move. Around July, gold rallied, breaking above the $2450 resistance zone and reaching around $2570.

Asian Metals Market Update for 9th September

I am expecting traders to be long in gold, silver, and copper before the Federal Reserve meeting on 18th September (next Wednesday).

Gold Stodgy; Stocks Dodgy

Thus “stodgy” as it may be, awareness of Gold seems to be picking up, albeit we regularly read that almost nobody owns it. When ’tis time for “Old Yeller” to pay that looming U.S. debt bill, shall the Fed have to again turn the crank on the money mill? 

Gold’s Demand Comeback

As this AI stock bubble inevitably bursts, American stock investors will remember gold.  Shifts back to gold-ETFs will supercharge gold’s gains. Gold stocks will fly on that.

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