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Market Updates

Bounce but No Trend Change

This market's just sort of hanging right here; trying to see what's gonna happen next.

Gold SWOT: Holdings in Gold ETFs Expanded Again in August

Gold has held steady in the $2,500 an ounce range, plus or minus, for the last month. Holdings in gold ETFs expanded again in August.

Sentiment Speaks: Will Kamala Or Trump Cause A Depression?

I believe the next U.S. President will be seen as ineffective due to negative social sentiment, leading to a strong downturn and a potential multi-year or multi-decade bear market.

The Dollar Is in a Secular Bear Market

The dollar likely finished a 14-year secular bull market in late 2022, starting a bear move. Around July, gold rallied, breaking above the $2450 resistance zone and reaching around $2570.

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.

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