A new major upleg is underway in gold, which should easily achieve new all-time-record highs. That will greatly boost investor interest and capital inflows into this leading alternative asset.
We’re on a nice roll right now with crypto ETFs and a solid win on Wheaton. Our big focus is of course gold and silver mining stocks.
For the week, we are up a quarter of a percent. So the war in Israel has really not damaged the gold in one way or the other.
It's dangerous to not own gold right here. That's the one commodity that will respond to all this craziness if the worst of the worst happens.
Gold will continue to rise on an overall basis. The pace of the rise of gold could be the slowest among all asset classes in certain quarters.
This is what we will be following in real-time to make our determination about the next 500+ point move in the S&P.
Gold stocks have become overbought in the short term, but on the weekly chart, they are still oversold.
When we look at the daily chart, we've still got this gap. The market is going up and it's giving us a pattern of higher lows on the swing line.
We're getting an exhaustion gap or a breakaway gap. It's still bullish, the market's running to the resistance of the 200-day average.
Gold has been the best performing major asset this century. Gold is a long-time safe haven in times of economic stress and political dysfunction.
