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Market Updates

Gold Update Getting Close to a More Significant Bottom

The gold cartel will have a lot easier time manipulating gold lower here with a stronger dollar. As I have said many times in the past, metals are the second most manipulated markets behind currencies. Governments have an inflation problem..

Precious Metals Update Video: Need a vacation from gold

China dealing with major energy issues meaning more supply issues. Gold -- Can't make a reason to be short or long right now.

Asian Metals Market Update: Long term gold price remains bullish

Gold price is case of long term bullish trend and short term cautious optimism.

Precious Metals Update Video: Oversold

Gold is oversold but if stays down here until Friday, then this changes to embedded readings. This is unusual..

Precious Metals Update Video: Gold in a bear trend

Gold needs to break above $1,761 to break this bearish trend on the daily charts.  Oversold with an embedded reading.

Gold's Three Big Pillars

There are three big price drivers currently at work in the gold market: The rise of inflation, the huge bull continuation pattern on the weekly price chart, and the war cycle.

Stk Mkt, Gold, & GDX: Key Waves Now

Another outside possibility is that all of wave .d. ended at 1836.90 and all of wave .e. at 1745.50. This would mean that all of wave -iv- is now complete and..

Gold SWOT: Gold Gave Up Gains as Treasury Yields Advanced

Uranium spot prices are blasting upward with no sign of slowing. The spot price hit $50 per pound, a 64.5% increase from $30.4 per pound on August 13.

Gold and the Midterm Elections

There is an inflation problem and the administration may try to control every commodity, but there are too many and impossible, or they can suppress the canary in the coal mine, which is gold.

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