Gold just made a fresh All-Time High. One senses there are further levels up the Gold road with better than four months for this year remaining to unfold.
As sector gains increasingly mount, sentiment is nearing a tipping point where gold stocks return to favor. That will bring back traders in droves to chase growing gains...
Majority believe in fundamental reasons driving our market – that if you can understand the “reason” as to why a market moves a certain way then you have a certain amount of control.
Gold and the stock market have been moving together for quite some time, but I’ve urged investors to watch for a decoupling event… and it could have just occurred.
For the second week in a row, gold prices rose, albeit a small 0.2%. This came in the face of the Japanese meltdown that spilled over into North American markets.
Last-minute position squaring and rebuilding before the release of July CPI and PPI numbers can result in sharp two-way price moves in gold, silver, and copper.
FinMedia & Herd & Fed are all behind the curve. To be sure, the whole FinMedia & Herd insanity emphasizes the parroting that passes sadly for “informative news.”
