Search Results for: Gold price
Gold Is Now “Unobtanium”
March 30th, 2020
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: “Coronavirus Sparks a Global Gold Rush Epic shortage spooks doomsday preppers and bankers alike; ‘Unaffordium and unobtanium.’ ...
GOLD and EURGBP Intra-day look – Elliott wave analysis
March 6th, 2020
Gold is in an uptrend, now unfolding a final five-wave move within a wave 5, which can face a top in the near future. Wave 5 is also an impulse, so it has to be structured by five legs, ...
Gold rises on policy stimulus expectations as G7 meets
March 3rd, 2020
Gold prices rose on Tuesday on hopes of interest rate cuts by central banks as leading policymakers from the Group of Seven (G7) nations met to discuss how to contain the economic impact from the global coronavirus outbreak. Spot ...
UPDATE: Crude oil prices rise
January 8th, 2020
Oil prices have risen after two bases hosting US troops in Iraq were hit by ballistic missiles. Brent crude was up by 1.4% at $69.21 per barrel in the middle of the Asian trade, easing back from earlier gains. ...
Gold’s outlook for 2020
January 3rd, 2020
This article is an overview of the economic conditions that will drive the gold price in 2020 and beyond. The turn of the credit cycle, the effect on government deficits and how they are to be financed are addressed. ...
Will Risk-off Continue? Elliott Wave on GOLD and SP500
October 3rd, 2019
Gold and silver are moving higher after another weak US data; weakest ISM non-manufacturing report in 3 years! We see them breaking to the high of the day, but it can be fifth wave moving into Elliott Wave ...
Negative interest rates and gold
August 30th, 2019
The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of interest rate suppression for the dollar. Evidence mounts that the ...
The reasoning behind Gold’s breakout
August 1st, 2019
Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values. As well as ...
Elliott wave Analysis: USDJPY and GOLD Update
March 7th, 2019
On the USDJPY we are looking at a higher degree wave A in play, which is a motive wave, and thus must be structured by five sub-waves. We can see that price made a nice leg up ...
Hello old friend…Gold nears $1,350 resistance that has repelled it four times in 5 years
February 21st, 2019
The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ political systems – all of which should be great for ...
