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Market Updates

COT Gold, Silver & USDX Report - August 28, 2020

COT Gold Report - Positions as of Tuesday, August 25, 2020.

Precious Metals Update Video: Gold Market Chop

Gold rallied to the 18-dma before pulling back. Markets like to rally to it.

Asian Metals Market Update: Price moves will be volatile

Gold and silver were very wild yesterday in USA session. Sell stops, buy stops where both triggered as soon as Federal Reserve chairman started delivery this speech. Price moves will be volatile.

Precious Metals Update Video: Central Bankers are willing to keep rates very low

They have not been able to get inflation targets to get hit.  Let the inflation grab hold. That's what to expect. Gold upside day up.

Gold Update: Moving into the Grinding Phase?

A very frustrating grind that is expected to last 6 to 8 weeks. Video update.

Queen Gold Digests A $2000 Fiat Meal

The “KISS (Keep it simple, superstar!)” investing principle is important, especially in the gold market.

Precious Metals Update Video: Gold's recent lows found its support?

Gold's recent lows found its support?  Crazy metal days are behind us?

Asian Metals Market Update: Waiting for Jerome Powell

Investors await a speech by Federal Reserve Chairman Jerome Powell on Thursday.

This Market Is Going To Crash - Up

And guess what? Now that we have struck a new all-time high, my perspective has not changed. While there is still some room left to the upside (if the market so chooses in the coming weeks), I am still of the belief we will see levels below 3200SPX in the coming two months.

Precious Metals Update Video: Metals in a 'Churn and Burn'

Gold Markets and Currencies: Jackson Hole this week will be important. Gold on the daily chart seems to be caught in a trade top and trade bottom, market churning.

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