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Market Updates

Asian Metals Market Update for 9th September

I am expecting traders to be long in gold, silver, and copper before the Federal Reserve meeting on 18th September (next Wednesday).

Gold Stodgy; Stocks Dodgy

Thus “stodgy” as it may be, awareness of Gold seems to be picking up, albeit we regularly read that almost nobody owns it. When ’tis time for “Old Yeller” to pay that looming U.S. debt bill, shall the Fed have to again turn the crank on the money mill? 

Gold’s Demand Comeback

As this AI stock bubble inevitably bursts, American stock investors will remember gold.  Shifts back to gold-ETFs will supercharge gold’s gains. Gold stocks will fly on that.

Gold Safe Haven Idea Now in Play

Now as we come here, we can see how the market keeps coming back and fighting its battle wide in there. Very interesting battle that is going on.

Russia to Increase Its Gold Purchases by WHOPPING 732%. The West Will Have to Answer by Gold Hoarding

According to recent reports, Russia and China have turned to using gold as a means of payment for goods due to mounting challenges in conducting traditional banking transactions.

A Stall in the Metal Break but No Sign of Turnaround

The question is, what does the market want to do? Because it's not trending. What you have is a pattern of a higher high, this $2564.30 was higher than the previous high.

Sentiment Speaks: Silver Is Set Up To Shine

Silver topped in April of 2011, whereas gold continued to rally until it struck its top 5 months later in September. So, I think Silver is now going to make an attempt to catch up.

Structural Inflation & The Roaring 2020s

While gold is vulnerable to a small “all the good rate news is in” swoon around September 18, it is the world’s greatest asset and currency.

Copper Crashes off Lack of Chinese Demand

There is no trend and gold is working off an overbought condition. It's past tense. With the market down, it's worked off; it is no longer in overbought territory.

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