Posts by Kirill Zagalsky

February 28, 2017 |

Remember that Debt Ceiling Thing?

Debt Chain

The nation’s spending limit is quickly coming up, due to expire on the 15th of March. The debt ceiling is a hotly debated topic, and unless Congress acts to expand the debt limit, things could potentially get quite crazy. Back in 2011, the debate over the debt ceiling helped fuel a rally in gold that took the yellow metal to all-time-highs. Standard & Poor’s downgraded the U.S. credit rating that year, sending shockwaves through global markets and putting into question the country’s status as the... Continue Reading

Category |

February 22, 2017 |

A Return to the Gold Standard?

Alan Greenspan; economy

The gold standard has been an issue that has been debated for some time by proponents of such a system as well as opponents of such a system. Although some analysts might believe that a return to a gold standard is highly unlikely in today’s modern global economy, proponents of such a monetary system still make interesting arguments for its consideration. In a recent article from Kitco.com, former Fed Chairman Alan Greenspan reportedly had some interesting insights. Per the article, Greenspan was quoted in the... Continue Reading

Category |

February 16, 2017 |

Take Your Pick

Coin Collection

The gold market has been trending higher for the last few weeks, and in our view with good reason. Despite some higher equities and fresh all-time highs being made in stocks, a degree of risk aversion still remains in the marketplace. Of note is the fact that gold has been rising along with interest rates-could that potentially spell trouble for stocks? Among a number of potential catalysts for higher gold prices, here are three that may potentially keep a floor under the yellow metal and... Continue Reading

Category |

February 10, 2017 |

Is Silver in a Can’t Lose Situation?

Silver Coin

The Trump administration has been in office for just about three weeks, and things have certainly gotten interesting. Although the recent immigration ban and halt to the U.S. refugee program have dominated headlines in the last week or so, investors are still anxiously awaiting the new administration’s plans for tax cuts and infrastructure spending. Stocks and risk assets saw a nice ride higher in the aftermath of the Trump election victory, and have since cooled a bit. The dollar too, saw a nice move higher... Continue Reading

Category |

February 6, 2017 |

Has a Bottom Finally Been Reached?

on the way

Gold is powering higher on Thursday as a number of issues are giving the yellow metal a boost. With gold’s recent strong showing, it begs the question of whether or not the metal has finally found a significant bottom. For the time being, it appears (in our opinion) that the answer to that question is a “yes.” Since being hammered in the immediate aftermath of the November Trump Presidential election victory, the gold market has been trending higher, and in fact got off to a... Continue Reading

Category |

January 31, 2017 |

Don’t Focus on the Short-Term

Coins and Watch

Right now may be a great time to buy gold or add to existing holdings. After trading at two-month highs recently, gold has backed off slightly as some profit taking is likely seen and as global stock markets continue their ascent. The recent sideways trade in the dollar has also likely given gold a boost, and it remains unclear if the yellow metal will attempt to challenge the highs seen following the Trump election victory. When it comes to investing, we are of the opinion... Continue Reading

Category |

January 25, 2017 |

Let the Money Printing Continue

Printing press

Much of the recent talk in the financial media has been centered on Donald Trump taking office and what the new Presidential administration may be able to accomplish. There has been much talk of pro-growth policies, rising inflation and higher interest rates. Although the U.S. is no longer actively engaged in QE, and although the U.S. has begun tightening interest rates, such is not the case in other parts of the world. Ultra-low monetary policies remain in place in several key economies and central banks... Continue Reading

Category |

January 19, 2017 |

More Gains Ahead?

found a bottom

The gold market has once again started the New Year off on the right foot. Gold is seeing some solid buying interest to start the year as stocks and the dollar appear to be losing upside momentum. Why might gold be trending higher in spite of stocks being near all-time highs, rising interest rates and a dollar at the highest levels seen in many years? In our view there are numerous reasons that the yellow metal is likely to be bought at current levels. Here... Continue Reading

Category |

January 13, 2017 |

Are Gold Investors Watching the Right Market?

Bond Market

The stock market is frequently mentioned when gold is discussed in the financial media. This makes perfect sense, given the fact that gold is often bought during times of market duress and may underperform when equity markets are headed higher. Although stocks remain not far from recent all-time highs, there could be something even more critical to financial markets in the near-term. The yield on the 10 year note is not far from crossing an important line. World renowned money manager Bill Gross believes that... Continue Reading

Category |

January 9, 2017 |

Could Stocks Top on January 20th?

inauguration

It’s no secret that stocks have been on a ferocious run to the upside since the Presidential election victory by Donald Trump. The notion of looser regulation, tax cuts and massive fiscal stimulus has sent stocks sharply higher, especially banks’. Could the rally over the last several weeks prove to be a case of buy the rumor sell the fact? Some analysts appear to think so… In a recent article from Marketwatch.com, analysts from Morgan Stanley voiced some concerns that the rally in equities has... Continue Reading

Category |