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Market Updates

Gold Update Video: Whipsaw market

Is there a peak inflation situation? Traders are asking and gold faces a headwind.

Gold SWOT: Gold Is Headed For the Longest Run of Gains In More Than a Month

Guggenheim Partners Chief Investment Officer Scott Minerd said he expects Bitcoin to fall to $8,000 and that cryptocurrency has become a market of “a bunch of yahoos.” Guggenheim no longer holds Bitcoin. If the firm were to take a position it would be to short the digital token, he said.

Technical Scoop: Memorial signals, awaiting confirmation, Russia default, rising prices, crisis trigger, gas high, toppy yields

The U.S. dollar hit the skids this past week. As to the markets we may have some small buy signals but we await confirmation not only for the market but also for gold.

Housing Market Is Starting To Implode – Short $BLDR

My rationale for shorting BLDR is that it is a “leveraged” play on the housing market and new construction. As with homebuilders, when the market is hot BLDR’s revenues and margins soar.

Stocks Soar, but Gold's a Bore

But the bottom line from our truth-and-data-driven purview is that getting sucked back into stocks up here is a bad idea.

A Bear Market Prospectus

The first such bear rally started in mid-March and lasted for two weeks. It was not particularly impressive because it didn’t have to be..

Asian Metals Market Update: Central Banks are buying gold

Central banks are raising their gold buying targets. India’s reserve bank of India nearly doubles its gold purchases to 65 tonnes in financial year 2021-2022 to 760.42 tonnes.

Gold Update Video: Resistance near $1,900

Gold point to a solid resistance around $1,893 area.

Gold: Buy a Countertrend Dip

The combination of these two signals - when seen on the same trading day - is normally a strong message that Gold is hammering out a key bottom.

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