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Market Updates

Gold Price Update Video: Selling pressures, relief rally?

Gold still facing lots of pressures. Selling embedded has not happened yet, will it happen today? The downtrend is intact until $1,688 is taken out. FOMC is in focus today..

Gold Is Not Undervalued – Expect Lower Prices

It is quite possible that the gold price will continue  dropping due to the risk of credit collapse and the possibility deflation (see Effect Of Deflation On the Gold Price). To a lesser extent, any moderation in the effects of inflation...

Gold Price Update Video: Nobody wants to take big positions before FOMC..

Gold is in a difficult position here because of the strong US Dollar..

Asian Metals Market Update: Federal Reserve meetings will increase volatility

If the Federal Reserve once again makes interest rate hikes dependent on data, then I will bet on a 0.25% to 0.50% hike in November followed by a pause.

Technical Scoop: Swoon trigger, increased rates, Dollar jump, silver divergence, golden poise, precarious DJI, preferred stocks

We hope this divergence holds as it could be favourable for gold and the precious metals going forward. We have a look at the Gold/HUI ratio, the Dow/Gold ratio and the Gold/Silver ratio as well. Gold stocks are cheap...

Gold SWOT: Gold Fell As Inflation Data Came In Hotter Than Expected

Central bank demand remained robust in July. Global gold reserves increased by 37 tons (net), below June’s 64 tons increase. Added to the 270 of net purchases over the first half of the year, this pushes year-to-date central bank demand toward the 300-ton mark.

Gold Further Screwed in 2022

Now we're not anticipating that Gold is actually going to break below $1600. Wishful thinking perhaps, as there must be some entities that are buying Gold..

Hope and Confidence On the Downslope Now

And now the expansive mindset needed to propagate even fake rallies has succumbed to the growing likelihood of a severe global downturn. Nor is there a way for the central banks to significantly taper their exposure to worthless paper..

Gold Price Update Video: FOMC on Wednesday

Gold's monthly chart shows the downside bias. Gold hit its 4 year average, 200 week moving average. Gold is not going to cut through this very easily.

COT Gold, Silver & USDX Report - September 16, 2022

Positions as of  Tuesday, September 13, 2022.

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