Previous 10 | Next 10 |
Gold continues to impress. After breaking out by slicing through both key resistance at $1,377 per ounce and a 6-year high of $1,399 per ounce, the Midas metal has hardly backed off at all. Instead, it appears to be consolidating for a move higher by chopping sideways as it works off the sever...
Testing New Technical Levels The gold price experienced a significant, and possibly historic breakout in June. We have commented extensively about the long six-year base that had formed around the price of gold in the $1,200 to $1,300 per ounce range. The technical price ceiling over this ba...
Following up on my article “US Dollar to Rain on Gold’s Parade” of March 20, 2019: Fed continues QT by reducing Balance Sheet Excess Reserves also falling Excess bank reserves held at the Fed are moving out into the real economy and pushing up the Actual Workin...
The strong tailwind which pushed gold prices to extraordinary heights in June are diminishing. Instead of an upward path of least resistance, gold is now faced with a headwind which is gradually increasing in intensity. In today’s report, we’ll discuss some of the challenges faci...
Significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow as well as Dow/Gold ratio peaks. This has been the case for the last 90 years at least. This is mainly due to the special relationship between silver, the stock markets and debt. These st...
Deutsche Bank (DB) had a big restructure over the weekend, leaving many concerned that a potential failure could be the spark to crash the markets. Given their massive derivative position, a Deutsche Bank failure could also potentially be the break point in the precious metals manipulation. ...
I would not underestimate how quickly the treasury market can reprice the path of monetary policy and I expect yields to move higher as the Fed undershoots market expectations for a 50bp-75bp lower Federal Funds rate. A July rate cut of at least 25 basis points is completely priced in at 100% ...
By Robert Eisenbeis, Ph.D. Johnny Hart, the creator of the comic strip BC, created an economy in which clams served as currency. Clams were plentiful, so no one ran out of currency, except that an occasional clam had cartoon legs and opted for a different career. A currency in the form of ...
Gold vs. Other Assets The prices of the metals went up +$15 and +$0.23. We will be brief this week, as Keith just got off a 17-hour flight from Perth to London. Stocks continue their march upwards. And hence the gold price seems stalled - or is it? It may seem like gold goes up when st...
When the US Federal Reserve told markets that they would be cutting the Fed Funds rate over the coming months at the June FOMC meeting, it lit a bullish fuse under the gold market. The price of the yellow metal blew through technical resistance levels at the 2018 and 2016 highs like a hot knif...
News, Short Squeeze, Breakout and More Instantly...
iShares Gold Strategy ETF Company Name:
IAUF Stock Symbol:
NYSE Market:
2024-06-26 04:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
BlackRock has one of the most comprehensive and diverse investment platforms in the industry, providing investors with choice to meet their investment objectives. Investors are continuing to turn to BlackRock to unlock the full potential of their portfolios, as reflected by $1.9 trillion of net i...
2024-04-16 07:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...