Opinion: Charts suggest there could be a bull market in gold after eight lean years

Opinion: Charts suggest there could be a bull market in gold after eight lean years

Another way to think about the setup is risk and reward. If the pattern plays out, risk can be defined as $1,230/$1,250 and upside reward to $1,520, or about 3% downside and 19% upside from current levels.
May 22, 2019 0 Comments
Gold Q1 Recap, and What to Watch Ahead

Gold Q1 Recap, and What to Watch Ahead

The gold price ended 2018 at $1,279 per ounce, after surging 5.3% the last two months of the year. Gold was flat the first three weeks of 2019, then jumped to $1,343.75 by February 20, a 5% increase. It gave most of the gains back in response to the rise in equity prices and progress on trade talks with China, ending the quarter up 1%.
April 25, 2019 0 Comments
Silver Versus Debt, Delusions And Devaluation

Silver Versus Debt, Delusions And Devaluation

The Fed backpedaled on interest rate hikes and balance sheet reductions. QE, a short-term emergency burst of monetization, now looks like a permanent fixture in the Fed’s bag of tools that devalues the dollar and transfers wealth to the financial and political elite.
April 17, 2019 0 Comments
Eureka Miner’s Report: High Gold-Silver Ratio Unsustainable

Eureka Miner’s Report: High Gold-Silver Ratio Unsustainable

“This suggests silver is very, very cheap relative to the yellow metal, at least in historical terms,” Baker says. “The gold-to-copper ratio, although not extreme, is also elevated considering the safe-haven demand for gold has declined from earlier this year.”
April 12, 2019 0 Comments

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