Republicans did not look good but gridlock likely in Congress. So who knows where the next two years go. For precious metals, it is now about inflation. CPI today ...
So, my suggestion is to continue to raise cash and bank the profits you made in the market as we rally higher in the coming months, at least until the market proves to us...
Downtrend broken, but gold is overbought, over the Bollinger band, moving into a resistance area. But overall I like what I am seeing here. Has the US Dollar topped? We will know a lot on Thursday's CPI..
A crucial point to understand about the bullmarket that is believed to be imminent is that it is likely to be unprecedented in magnitude so that it ends up dwarfing both the 1970’s bullmarket...
U.S. mid-term elections will be all the talk today. Very strange day in the markets yesterday. Pay attention to the charts. A lot of situations where Bollinger bands come into play..
Gold could be the most resilient asset to own if the Federal Reserve continues to raise rates, while stocks might be the worst place to be, with non-dollar currencies falling between the two.
The Federal Reserve continues to raise rates which as we've herein documented ad nauseam found the price of Gold rise +69% from 2004 through 2006 whilst FedFunds rate rose from 1.00% to 5.25%
