I am seeing a lot of Indians increasing their long term portfolio allocation to gold by over ten percent
There are bailout programs happening left and right. Gold is riding the upper Bollinger band, the gorilla glue trade ...
Delayed COT Report Released for Positions as of 7th of March, 2023.
Odds are looking like the Dollar is making an intermediate top, a key driver for gold. Based on the currencies, the struggle of the financial sector..
On the other hand, if Gold can break $1950-$2000 relatively soon, then the gold stocks and Silver will follow. They will strongly outperform when Gold breaks $2100.
ECB today, 50 basis point hike? All eyes are on banks. Gold had an upside day up ...
Spot gold needs to trade over $1905 till tomorrow to remain in a bullish zone.
If more banks fail and they are bailed out, it will be with printed fiat, and “Weimar 2.0” could be put in motion.
Moreover, a sustained break of 3740SPX will likely begin a more protracted downside fall. But, that is not my expectation at this time.
Is there another shoe to drop, another bank? I think the inflation data shows the Fed will do another 25 basis point hike, but what will they signal?