Posts On Gold

Forget Price. It’s Time to Buy 

The gold market continues to languish below the psychologically key $1500 level. The market, while having several long-term significant bullish catalysts, seems to be lacking a fresh, short-term bullish force that could take prices beyond the $1500 level to stay. Given the last few weeks and gold’s lack of follow through, many investors may currently be asking:  “What’s the problem?” In short, there does not appear to be any type of problem. Sometimes, good things simply take time. That’s all.  That is also why you... Continue Reading

Category |

Big Picture Is Bullish

The gold market is working hard today to recover some of yesterday’s declines. Oddly enough, the yellow metal is stronger even as stocks are also moving mostly sideways today. Although this may come as a significant surprise to many, it really shouldn’t. The gold market could very well move higher along with stocks in the weeks and months ahead. The U.S. Fed recently suggested that it would not look to hike rates again until there is a pickup in inflationary pressures. The central bank has... Continue Reading

Category |

Another Sign of Strength

The gold market had a lackluster day overall. Prices were slightly higher in early afternoon trade as the bulls attempted to fight off numerous, bearish inputs that included stronger stocks, hopes for a U.S./China trade deal and more. The fact that gold did not, however, see any significant declines could be viewed as yet another important sign of strength. With stocks making a fresh all-time high today, selling was lackluster in the yellow metal. Stock investors appeared to be cheering on hopes for an initial... Continue Reading

Category |

The Next Major Breakout is Brewing

The gold bulls have not had much to cheer about in recent weeks. After hitting a multi-year high, the market has eased back and seemingly entered a consolidation phase. The last several weeks have seen prices trade around the $1500 region, and although prices are currently below this support level, they have not seen a significant leg lower. The lack of upside in recent weeks is actually a positive thing, not a negative. The next major breakout is brewing. After reaching multi-year highs in recent... Continue Reading

Category |

Major Hurdles Down the Road

There are numerous reasons to own a significant allocation in gold. In fact, given the current economic and geopolitical landscape, it has arguably never been more important to have a significant allocation in this key asset class. Although the list of compelling reasons to own the metal can be quite extensive, there are three major themes that investors need to consider as economic and geopolitical dynamics shift. The economic expansion and bull market in stocks is likely at or near its end. As the global... Continue Reading

Category |

Buy the Dips

The gold market has seen some solid buying in recent weeks and has recently been taking a bit of a breather. The market has pulled back from its recent highs, and in early action today is seeing a retest of the $1500 level on the chart. A significant price dip is not only necessary at this point, but healthy as well. Markets do not typically go straight up or straight down, and the gold market is no exception with the dips. The market has been... Continue Reading

Category |

The Stage is Set

The gold market remains on the offensive today even as stocks try to recover some of last week’s declines. The stage is set, as the market continues to put distance between current price and the $1500 level and could make a significant run at $1700 or higher in the next few weeks. The buying frenzy in gold is being stoked by several factors that will likely keep the market moving higher. Here are three reasons why gold is likely to continue its recent ascent and... Continue Reading

Category |

Gold to Remain Well Supported

This week, investors have gotten the latest FOMC meeting minutes and have also been hearing Congressional testimony from Fed Chief Jerome Powell. Stocks are making record highs as Powell’s commentary has been deemed to be dovish. Markets are now expecting a rate cut this month and even additional rate cuts in the months ahead. The gold market is likely to remain on the offensive with or without higher stocks. An environment of falling interest rates and lower yields could force an increasing number of investors... Continue Reading

Category |

Three Reasons Now is the Time

The gold market has been garnering more headlines in recent weeks as the metal has been trending higher and seemingly staged an upside breakout from its previous trading range. With the metal trading solidly above the $1400 level, a test of resistance around $1450 could be the next major tipping point. Analysts are citing numerous reasons for gold’s recent upside, including risk aversion and a stronger technical posture. Below are three reasons that gold may continue higher, and these issues could potentially push the metal... Continue Reading

Category |

Gold Hits 6 Year High

The gold market exploded this week, as numerous economic and geopolitical issues fueled a buying frenzy that has seen prices hit the highest levels in six years. The upside seen this week could simply be the tip of the iceberg and the opening rally of a multiyear bull market. The U.S. Federal Reserve this week left interest rates unchanged. The central bank did appear to be very divided, however, over the course of policy going forward. The Fed left itself a lot of wiggle room... Continue Reading

Category |