November 13, 2017 |

Gold Could Shine Bright in 2018

The gold market has been relatively range bound for weeks now, could this sideways action simply be the calm before the storm? The market has been leaving some important clues that could point to higher prices. Any significant dips in the price of gold have been met by willing buyers. Despite stocks making fresh all-time highs, the gold market has not cracked, and the bears have been unable to overcome buying pressure. What could potentially lead to higher gold in the months ahead and in... Continue Reading

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November 7, 2017 |

Patience is Key

the stage is set

Gold is showing some undeniable signs of strength that could be indicative of an upcoming breakout in price. While those that are only near-sighted or looking to trade the metal over the short-term may be frustrated with its recent trading range, smart long-term investors may see the current range as a great opportunity to acquire more of it before prices really take off. There are two current issues being seen in the market that are noteworthy: First, the gold market has seen any significant declines.... Continue Reading

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November 3, 2017 |

Gold to Move Higher on Lack of Exploration

breakout is brewing

Gold has a number of reasons to potentially move higher from current levels. A weaker dollar, low rates, government debt and the potential for a major stock market collapse could all keep the metal moving higher in the coming months and years. There is another major bullish factor that could also be a major driver of gold prices. A lack of exploration could put a major crimp in supplies, fueling a price rise. In a recent article on Kitco.com, Lamgold President and CEO Stephen Letwin... Continue Reading

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November 1, 2017 |

Is Gold Sending a Key Signal?

just the beginning

The gold market has not given up much ground in recent days as the dollar index saw a significant bounce. In fact, the gold market has tested support levels in the mid $1260’s and has seen buying interest uptick and a bounce several dollars higher from that level. While this may, at a glance, appear to be nothing more than standard market “noise,” it could also be indicative of underlying strength in the gold market and perhaps even a split from the market’s correlation to... Continue Reading

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October 30, 2017 |

3 Reasons to Add Gold to Your Portfolio Right Now

Gold Stone

When many investors think of investments in gold, they think of higher gold prices. Investors have been thoroughly trained to think of investments in terms of if I buy XXX at $10 and sell it later at $20, I have made a 100% return. Now, let’s be clear. There is nothing wrong with buying low and selling high. And who wouldn’t want to make a profit on an investment. Gold, however, offers numerous intangible benefits in addition to the possibility of higher prices. Many of... Continue Reading

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October 26, 2017 |

Is Gold Waiting on the Fed?

Federal Reserve

Price action in gold recently has seen some significant whipsaws. Given the numerous bullish issues that could serve as the backdrop for a sustained rally higher, many investors may be wondering what might be driving the current selling pressure and volatile price action. Could it be the Fed? The Trump administration has been moving closer to a decision on who the next Fed Chair may be. Although current Chairwoman Janet Yellen may still be in the running, rumor has it that President Trump is leaning... Continue Reading

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October 24, 2017 |

Will Tax Cuts Weigh on Gold?

FED

The Senate has voted and passed a budget plan that could potentially pave the way for significant U.S. tax cuts. The House plans to take up the budget blueprint (approved by the Senate 51-49) as early as next week. A quick passage through the House could enable a tax cut plan to move forward expeditiously. The initial reaction being seen on Friday is dollar strength and gold weakness. That’s all it is, however, a knee-jerk reaction. Whether or not tax cuts might weigh on gold... Continue Reading

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October 20, 2017 |

Why the Next Crash Could be Worse than 1987

Stocks have been climbing for a solid decade now, and more and more investors appear ready to jump on the bandwagon for fear of missing additional gains. As has been discussed at length in previous posts, however, the market has the potential to take a swift and severe turn lower, catching many investors off-guard in the process. In fact, the next major stock market crash could potentially be greater than what was seen in 1987, when the Dow lost almost a full quarter of its... Continue Reading

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October 18, 2017 |

Is Gold on the Verge of a Major Breakout?

Rally

The gold market is showing some impressive signs of strength in recent weeks after pulling back from the highs seen in mid-September. The market is trading back above the $1300 level and holding its ground. The yellow metal could potentially make a quick run back to those highs seen last month around $1350. The question is: Will the market be able to make a sustainable move higher? Gold has a number of key issues currently working in its favor, with two potential hurdles. The market... Continue Reading

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October 16, 2017 |

A Lot More of the Same

all-time

Yesterday, investors got the release of the latest Fed meeting minutes. For those looking for more clarity from the central bank regarding its plans for monetary policy going forward, the minutes were likely a disappointment. In its commentary, the central bank discussed jobs, a lack of inflation and a stronger economy. They also again reiterated another rate hike this year. While the Fed focused on a number of positives, there are some key negatives that cannot be overlooked. The Fed’s failure to spark meaningful inflation... Continue Reading

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