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Market Updates

Topping Dollar is Gold-Bullish

With extreme Fed tightening already slamming the stock markets into a new bear, Fed officials can’t risk further escalation.  They need to back off their accelerating-rate-hikes jawboning or ..

Stock Update Closer to a Bottom Than a Top

We might have to go into next week to get this next bottom.

Asian Metals Market Update: China and Japan Selling U.S. Treasuries

China's holdings of U.S Treasuries tumbled in April to their lowest since May 2010. Japan's holdings fell further in April to their lowest since January 2020.

Gold Update: Still Bullish

Gold still needs to break the downtrend line and traders will continue to be whipsawed. The gold cartel will continue to win some battles, but it will not win the war!

FOMC Day: The Low For Gold?

The only question now is whether it will be 50basis points or 75.  A full point hike is possible in July if there’s another red-hot CPI report.

Gold Update Video: Whipping back and forth

Gold whipping traders around, but the picture has turned bearish. All eyes on FOMC..

Asian Metals Market Update: There is panic

Panic reduces oxygen supplies to the brain. This results in making investment decisions out of fear. Rational thinking and prudent thinking go for a toss.

More Trouble for the Fed's Thimble-Riggers

As if the thimble-riggers at the Fed didn't have enough to worry about, the dollar turned rabid last week, threatening to transform America's still-undeclared recession into..

Gold SWOT: U.S. Gold Coin Sales Are On Pace to Have the Strongest Year Since 1999

Data from the U.S. Mint shows that sales of American Eagle and Buffalo gold coins totaled $365 million (or 199,000 ounces) in May, reports WGC.

Gold Set to Reclaim 1900, then 2000

Just remember for the stint from 2004 into 2006 as the FedFunds Rate rose from 1.00% to 5.25%, the price of Gold increased 59%! We can thus get started with Gold 1900, then Gold...

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