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Market Updates

Updating Gold Ratios to Other Markets Using Associated ETFs

Generally, when gold rises in relation to markets and assets positively correlated to the economy, the indication is for a counter-cycle, an economic contraction.

Gold: A Surge Into Summer?

On this daily chart, gold is finding great support at the previous $2152 high, and I urged gamblers to buy as the price went there.

Dollar Strength Still Apparent & Holding Back Rallies in Other Markets

What's going on over the past few days is because you're not getting a lot of movement, the Bollinger Bands have collapsed around price and you're taking the volatility out of the market which makes total sense to me.

Gold SWOT: Gold’s Consolidation After Reaching Record Highs Could Be Positive In the Longer Term

According to Bloomberg, gold’s consolidation after climbing to a record high earlier this month should be positive for the metal in the longer term.

Technical Scoop: Rate News, Copper Lead, Magnificent Falter

Gold hit a record high this past week following the Fed’s hold-the-line announcement on interest rates. The Fed also suggested up to three rate cuts in 2024. This sparked gold to rally to new all-time highs at $2,225 as we cleared $2,200 for the first time.

As the Stars Align for Gold Stocks

Let’s take a look at gold stocks through the prism of their relationship to gold and gold’s relationship to other markets.

Gold’s Fresh Highs; Fed’s Cred Demise?

Our takeaway these many years — rather than watch all the FinMedia bilge — comes from simply reading the Statement, in which for 20 March are these three key sentences...

Gold Mid-Tiers’ Q4 2023 Fundamentals

These great fundamentals will eventually attract back investors, fueling a dramatic mean reversion higher in undervalued gold-stock prices.  More gold record highs will accelerate this process.

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