As empires reach their “blowoff” stage, not only is debt-funded war mongering a key theme, but market overvaluation is ignored… and sometimes worshipped.
The 18 day moving average is steeping, falling faster towards the 100 day moving averages. The Gold price supports below are..
Back to back volatile days up and down both making it into the top 20 up days and down days. Volatility reigns. Are we in a bear market?
ETFs cut 57,382 troy ounces of gold from their holdings in the last trading session, bringing this year's net purchases to 8.81 million ounces.
Inflation data highlights the week with that at the Retail level on Wednesday, then that for the Wholesale level come Thursday. And some highlighted upside Gold grind against stocks' decline would be most welcome!
My long-term forecast has called for a 3.24% top in the U.S. Ten-Year Note. On Friday the rate hit 3.13%, just an inch from the target. The rally has been so ferocious that I double-checked..
Traders have started pricing in a 0.75% interest rate hike in the June meeting by the Federal Reserve. I expect a 0.50% interest rate hike...
China is killing themselves and the world with their covid lockdowns. Zero tolerance is taking a heavy toll. Gold's monthly chart looks good!
Positions as of 3 May, 2022.
Be careful here, the gold cartel is not done yet with their..