Get Ready for Blast-Off – The Market’s Technical Posture

After putting together an impressive string of gains recently, the gold market has pulled back a bit as stocks attempt to regain their footing. Weakness in key data points recently has renewed investor hopes for a rate cut from the Fed, and some analysts are now calling for a series of cuts. The stock market appears to have entered a phase in which bad news is good news, and the Federal Reserve may once again have to turn on the easy money spigot to keep... Continue Reading

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Lower Rates Are on the Way

It’s no secret that the U.S. and global economies have hit some major bumps in the road in recent months. The ongoing U.S./China trade war is having a measurable impact on the economies of both nations, and thus far the war on trade appears set to continue for some time. The U.S. also last week announced a five percent tariff on Mexican goods to begin June 10th. Those tariffs are set to increase until Mexico takes action to stop the flow of illegal immigrants along... Continue Reading

Risk Aversion Accelerates – This Could Be It

The gold market is finally seeing some significant upside as risk aversion accelerates. The metal has now broken out of its recent trading range and could potentially set its sights on a new high for the year in the weeks ahead. There are numerous issues behind the recent ascent, and many of these issues could potentially fuel the next major global recession. The ongoing U.S./China trade war appears poised to continue. After a deal was reported to be close in recent weeks, both sides have... Continue Reading

$5,000 Gold Rally in the Next Few Years?

It’s no secret that numerous billionaires and finance heavy weights have an affinity for gold. According to a recent article from Kitco.com, billionaire Thomas Kaplan can also be added to the list. The chairman and chief investment officer of Electrum Group reportedly said in a recent interview with Bloomberg that the gold market is on the cusp of a new decade long bull market. In the interview, Kaplan reportedly suggested that the price of gold could hit $3000 to $5000 per-ounce in the next decade... Continue Reading

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So Many Catalysts to Choose From

The gold market has been range-bound in recent weeks. Dips into recent support from $1275-$1290 have been aggressively bought thus far, and the market appears to be quite comfortable in its recent range. The bears have not been able to carve out a fresh leg lower, suggesting that prices may be at a near-term or perhaps even long-term bottom. Since gold does not appear to want to go lower, it may simply be a matter of time before its starts moving higher again. Perhaps the... Continue Reading

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3 Reasons Gold May Shine During the Next Recession

It’s no secret that the global economy has been slowing. The ongoing U.S./China trade war is dragging on the globe’s first and second-largest economies and there currently does not appear to be an agreement in the making. The current economic expansion is getting quite long in the tooth, and the effects of tax cuts and government spending are likely to fade in the months ahead. Some analysts have already begun sounding the alarm bells about the next recession, which could come sooner than many anticipate.... Continue Reading

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War on Trade Could Force the Fed’s Hand

Not long ago, the Federal reserve had taken a decidedly hawkish approach towards monetary policy. The Fed seemed confident in the economy and was ready to continue the current cycle of interest rate hikes. Market dynamics have shifted significantly in recent months; however, and thus the Fed may be forced to reverse course and start cutting rates again. The market has already priced in a 25-basis point hike by the end of the year. With the latest Fed meeting minutes looming this afternoon, the question... Continue Reading

The Only True Safe Haven

Just because the gold market has had limited upside in recent months does not mean that investors won’t turn to the metal if things get dicey. The ongoing U.S./China trade war has taken a turn for the worse in recent weeks, and the war over trade could potentially take much longer to resolve than previously anticipated. Last week, Both sides pushed away from the negotiating table. The U.S. raised tariffs on $200 billion of Chinese goods from 10 percent to 25 percent. China, as expected,... Continue Reading

Three Reasons Another Recession is Inevitable

Some analysts in recent months have suggested that the U.S. could be headed for another recession. The ongoing U.S./China trade war, fading effects from tax cuts and government spending and an aging expansion are just a few of the reasons cited. Other analysts have suggested that recent economic weakness and market declines are normal and simply some bumps in the road. Whether the next recession hits this year, next or in the next few years, it will arrive. Here are three simple reasons that a... Continue Reading

Gold Sustainability- What Won’t Go Down Often Goes Up

The gold market has not seen any substantial upside rallies in recent weeks. In fact, after recently coming under pressure, the metal has simply been treading water around its 200-day moving average and the $1280-$1290 region. The longer it sits in this region, however, the better. Although the long-term bullish case for gold sustainability remains intact, There have been no shortage of reasons for the metal to see some selling pressure in recent months. Rising interest rates, a stronger dollar and fresh all-time highs for... Continue Reading

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