Fed members are now talking and saying that rates will have to raise to 5% and stay there for a while. That has taken out some air.
Thus Gold's 2023 start ranks eighth-best from 2001-to-date; but hardly is it predictive of an "up year" as made clear by..
Bloomberg reported three leading Chinese solar-panel makers are ramping up production in a boon to clean energy. Solar demand has been growing...
Gold also had a good week but there were divergences with silver. The gold stocks had a particularly good week and were the best performers. But energy was a gross..
The US Dollar is the key driver at the moment. My problem with the moment is the Bollinger band. The 18 week moving average turning up..
Traders are expecting the Chinese to empty their pockets on everything. The big Chinese splurge expectation is the only reason for Monday's..
Positions as of 3 January, 2023
Note ONE member of the FOMC member saw a rate cut this year. But here we are with the gold market where we hit new highs. Trend clearly up..
I am still waiting for the final confirmation that this is the start of a new 8-year cycle, where gold gives us the final bubble phase. Not quite there yet, but gold has to close above this pivot...
The are 3 events to watch in the coming year: Recession possibilities, War in Ukraine, China-Taiwan. What was very interesting yesterday was gold and the U.S. Dollar rallying together.