It has been the worst start since 1939. Yes, we have to go back that far to find a year off to a worse start then 2022. Then the crypto market crashed. Well one, Terra Luna, a crypto that literally vaporized overnight wiping out $40 billion in a heartbeat.
Investors in the world’s top gold ETFs are rapidly pulling out their cash, reports Bloomberg, as markets are roiled by the Federal Reserve’s hawkish return. Over the last three weeks, in fact, the SPDR...
Technical analysis aside, Gold's swoon is incredulously beyond any and all fundamentally analytical common sense, even as today mention is made of a "five-figure" price.
Realize that the biggest financial bubble in U.S. history has popped. Although this is becoming increasingly obvious, you can be certain investors are waiting to jump back in at the subtlest sign of a bottom.
Staying over $1,753.90 keeps the overall uptrend in gold on the monthly chart going. Why is gold falling? Banks are raising interest rates and creating a headwind.
I am seeing a lot of people getting really bearish here, and once again, we are seeing a similar thing as we move into an intermediate cycle low. Gold needed to close below the uptrend and that has occurred..
The tide is here, interest rates around the world rising. Copper is going nowhere until China changes their covid policy. Gold at some big support here..
