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Market Updates

Technical Scoop eCommentary: Gold leader, bonds worst, inversion implication, banking lurks, jobs diverge, equities languish, energy rises

Gold soared through $2,000 this past week and oil prices jumped to over $80 thanks to an OPEC production cut. All look higher but have a bit of work to do to make new highs.

Gold Price Update Video: Over the weekly Bollinger band

Bonds viewed the jobs data viewed different by bond and stock futures, I think bonds have it right. Gold is over the weekly Bollinger Band..

How Dollar Reacts to Jobs Data Will Drive Gold Trade

Labor report, jobs data coming out today, but gold and silver futures markets are closed. Currencies are not (futures). Gold's momentum did not embed, so the next trading day will be telling..

Gold Price Update Video: Pushing resistance

We are getting wobbles in economic data, slowdowns. How does this translate?

Gold Price Update Video: Gold Soars

JOLTS showed a wobble in the jobs market. We are not seeing the wage pressures like we saw before. Gold soared as the jolts data dropped the Dollar...

Asian Metals Market Update: A daily close above $2,056 triggers..

The recipe for the continuation of the bullish trend in gold price is there.

Oil Price Surge & Bank Failures: Got Gold?

A 1929-style run on the banks (featuring terrified depositors racing out of fiat and into gold) is quite possible in the years ahead, and my main thesis for America remains a bizarre..

If Dollar Index Develops Embedded Reading, Metals Higher

A series of economic reports that we were not expecting. OPEC production cuts.. Gold is finding narrowing volatility bands, $1,971.90..

Gold SWOT: Investors are running out of time to purchase gold below $2,000 per ounce

For 2023, Gold producers have rebased costs higher, outlining an additional +3% increase in guided costs versus 2022.

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