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Market Updates

Asian Metals Market Update: FOMC Minutes & Protectionism

Protectionism is something we have ignored in the past few months. Nations are trying to be self-independent in all possible ways. India’s policy of “Aaatmanirbhar bharat” (self sufficient India) is also a form of trade protectionism.

Gold SWOT: Warren Buffett Invests in Barrick

In a Bloomberg interview, Lu said there is still huge upside potential for gold prices and they “might hit $5,000 per ounce on a five-year horizon.” Due to rapid money printing, Lu is bullish on gold and said gold-related assets account for the biggest weight in his portfolio.

Precious Metals Update Video: Copper acting really good & Gold's Large Range

Gold's resistance $2,065 support $1,910 on the Bollinger. Support more importantly at the $1,939.10 swing..

Precious Metals Update Video: Washout Week

This is just a break in a bullish market. This is what happens in a break in a crowded market.

The Selloff

Aside from the steepness of the decline, one of the sharpest in silver market history, the selloff confirmed a whole host of previously understood facts about silver and gold. First and foremost, the vast majority of investors, certainly those invested in physical metal or mining shares get hurt financially on sharp selloffs, while few actually benefit.

Rising Inflation Fears Transform Precious Metals Demand

Bullion buying has gone through the roof ever since the authorities in Washington decided to try to paper over real economic declines with phony fiat stimulus. It’s been quite a dramatic change in character for gold and silver markets, which had been lackluster to say the least during the first three years of Donald Trump’s presidency.

COT Gold, Silver & USDX Report - August 14, 2020

COT Gold Report, as of positions end of trading: August 11, 2020

Gold Update: DCL or Oversold Bounce? (video)

Gold: very difficult to call here. Uptrend support hit on the sell-off low. One more move down?

Precious Metals Update Video: Big rally again in Silver

The thing that bothers me are the wide ranges, which is hard to manage risks as a trader.

Precious Metals Update Video: Volatility is the norm for a while

Bouncing around action trying to find the low point. 18-DMA is 1970 area.

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