Jobless claims are not rising fast enough and the government wants to see jobs hurt. The second problem is that the GDP numbers were revised higher and that is not what the markets want to see.
What is really going on in China? Markets trying to figure this out. Lots of economic data coming then things will really quiet down. Gold is in a bit of a sideways action...
Trend and momentum is very bullish for gold, silver, and copper. One needs to look for signs trend reversal after the release of US third quarter GDP number and Core PCE price of Q3.
All the gold charts are incredibly positive. The only question is whether a right shoulder forms now as part of a beautiful inverse H&S pattern, or gold simply begins a vertical move towards $2000.
We look at stocks, bonds, gold and the U.S. dollar and oil. The past year was highlighted by the war in Ukraine, the collapse of the crypto king, the richest man...
Total known physical gold ETF holdings look to have climbed this week after falling in the prior two weeks. Investors have largely pulled money out of the gold ETF since the peak this year back in April.
Unfortunately for the smart guys, the trick has stopped working. That's because iPhone is facing a deep global recession that will flatten sales as never before.
