Tag Archive: ray dalio

Any Day Now

The gold market is trading slightly higher to kick off the new trading week. This week will likely see lighter trading volumes due to the Thanksgiving holiday, with many investors taking off Friday as well. The gold market appears to be in consolidation mode and could be getting ready for a significant upside breakout. The market has passed an important test in recent sessions, as the recent dip down to the $1200 level found willing buyers. The catalyst for the next major move higher could... Continue Reading

Are Hikes Beginning to Hurt?

The subject of the Fed and its plans to continue with gradual rate hikes has been the topic of considerable debate in recent months. Thus far, the central bank has stuck to its guns and moved ahead with more hikes. In fact, the central bank has another hike planned before the end of the year and currently has three more penciled in for next year. It’s no secret that the Fed has drawn some criticism. Even President Trump has weighed in on the issue. The... Continue Reading

Is Gold on the Verge?

Gold has been quietly moving higher for some time now, and the yellow metal could be gearing up for a significant upside breakout. Numerous issues have helped propel the metal higher in recent weeks, including but not limited to geopolitical tensions, worries over the debt ceiling, a dovish Fed and potential topping action in equity markets. In a recent article from Kitco.com, Dennis Gartman, author of The Gartman Letter, suggested that gold is about to finally breakout. He was quoted as saying “Gold is about... Continue Reading

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