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Market Updates

Adverse Conditions, Ubiquitous Highs, Precious Protection

Once through $2,700 successfully, $2,800 is next for gold. Targets are up to $3,050. Many are stating considerably higher targets, except at this stage there is little evidence to support that.

Gold Up; Dollar Up; Yields Up — What’s UP?

’Tis The President who nominates the FedHead. So might it behoove one to see who’s won before the next Fed policy is spun, lest it all come undone?

Gold-Stock Tipping Point 2

Lofty gold prices are generating huge record earnings for the miners, so gold stocks need to mean revert way higher.  Herd psychology shifting to bullish will fuel that.

Gold Keeps Making News Highs

Dollar went up over the 2707 mark; 2750 is the next upside target. The pattern has been clear with higher lows and higher highs.

Gold Rally Holds in Spite of Strong Dollar

The pattern is an inverted head and shoulders on the gold chart. The market is holding very nicely. The big number get through is the 2700 level. 

The Gold Bull Still Has Legs: Yellow Metal Up 4.6 Percent in October

It appears this bull market has plenty of momentum left in it. As of Sept. 30, gold was up 26.5 percent in dollar-terms on the year.

Gold & Silver Absorbing US Dollar Pressure

2703.50 is the next objective for the gold price, as the Bollinger band now stands.

Global Net Gold Inflows into Gold-Backed ETFs Positive for Fifth Straight Month

While a gold ETF is a convenient way to play the price of gold on the market, you don’t actually possess any gold. You have paper.

Many Find My Views Crazy

I am seeing that we are approaching a major top in gold in the coming 12-18 months, which is my general guestimate on the timing right now.

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