Gold has advanced decently of late, pressing to a six-year high. Despite all the chatter about how undervalued silver has been, it has not done nearly as well. In fact, it still does not look like it is even in an uptrend yet. Silver has disappointed a lot of its … Readmore
There is a lot going on in this chart of longer-term importance. First, gold has emerged from an enormous six-year rounded bottom base, with a cup and handle break out. After breaking $1360 and then breaking $1400, there is not a lot of resistance until the $1530 area (circled). Once … Readmore
In our everyday lives, we purchase insurance to hedge against the risks of dying early, losing our potential for income, health, home, automobile, liability, and even for travel. While hopefully we don’t become obsessive about risk, it is both reasonable and expected, that one insures oneself against the major vagaries … Readmore
Recently the World Gold Council released new 1st quarter data for 2019 relating to Central Bank purchases of gold. They were blowout numbers that hardly seem to stir complacent American investors. For the 12 months ending March 31, central banks of the world purchased 715.7 metric tons of gold, the … Readmore
Typically, we only include one chart or two in our articles, but for this particular analysis, it was necessary to look at multiple year periods. We hope you will forgive the number of charts, but we feel they are important to show the trend. Recall that gold was fixed in … Readmore
Gold prices commonly move opposite the price action of the US Dollar. When the dollar is strong, gold tends to be weak. Conversely, when the dollar is weak, the gold price tends to strengthen. The dollar has tended to be strong since February-March of last year as the chart below … Readmore
Modern Monetary Theory (MMT) has recently burst upon the political and intellectual scene. As such, investors of all kinds need to take heed. MMT has developed with some justification. Over the past 20 years or so, all over the world, a grand monetary experiment has been undertaken. Government debt has … Readmore
Seasonality is a technical study that focuses on the price patterns based on the time of year. It is used to increase the odds of making a purchase or sale at the right time. As the old saying goes, don’t tell me just what to buy, tell me when to … Readmore
Those of you who see the long term reasons for owning gold should not be concerned about short term price swings. But in the practical world, we all want to have a sense of where a market is when we buy. Yes, we hold for long term fundamental reasons, but … Readmore
We are now experiencing an increase in customer purchases, including many first-time buyers. This is a reversal of a two year trend. A lot of the money, we’re told, is from stock market liquidation. Gold is flirting with $1300 an oz. and silver is near $16. At a ratio of … Readmore
