Things just took a turn for the worst, and there is no turnaround in sight. Unless and until demand enters the picture, price will continue lower until it finds demand sufficient to effect a change. For right now, there is no demand apparent. What else can be said. This is like watching a car teetering on the edge of the cliff, waiting to see if/when it falls. The trend is down, and that is all you need to know!
Read More »Gold Price Is Falling For This Totally Logical Reason (+2K Views)
Despite continuing QE and huge government deficits the price of gold has fallen 35% since its peak in 2011 and is down over 10% from its highs this year. Is there a logical explanation for this?I think there is. Read on.
Read More »Gold: Likely to Fall to $950 – $1100; Unlikely to Rise Above $2,000 – Here’s Why (+3K Views)
An analysis of the ratio between the market capitalization of gold (MCG) and the gross world product (GWP) over the past 63 years suggests that the current price for gold has further to fall and that it would not be wise to begin buying gold until prices have fallen below at least $1100 or $950.
Read More »Blame Deflationary Pressures On Current Prices Of Gold & Silver (2K Views)
I believe that the inflation and price charts paint a clear picture, and that until inflation in the world picks up significantly, there will be no meaningful rallies in precious metals...[While] I am bullish on gold and silver long term, the short-term pressure is still evident and might take them lower in the next couple of months.
Read More »Gold Going DOWN to $1200/$1220 in June Then UP to Retest $1520 – Here’s Why (+2K Views)
With gold’s current setup, we’ve finally reached a significant cycle pivot…and I believe that we are likely to be treated to a very surprising turn of events. Directly ahead, I believe, is a major turn and rally for gold.
Read More »Gold: Buy Now & You Buy Right! Here Are 4 Reasons Why
Q: Is now the time to buy more gold or to finally get in the game? A: Yes. Make sure that you take advantage of today’s price and “mine” your own gold. [Here are 4 reasons why that is the case.]
Read More »Gold Advice: Look for Onramps, Not Exits
The historical record shows that those who get washed out during big corrections miss the greatest buying opportunities of a bull market. With that as context, what can we expect from gold moving forward? Let's start with the short term.
Read More »We Told You So! Gold @ $1,200 & Silver @ $19 Is NO Surprise – Here’s Why (+3K Views)
Don't you just hate that gloating expression "I told you so!" Well, unfortunately some analysts had the foresight to forecast prices of $1,200 per troy ounce (or less!) and $19 silver several months ago.
Read More »Noonan: NO Evidence of Change in Downward Trend In Gold & Silver…Yet (+3K Views)
You will read more and more articles touting how gold and silver have bottomed. They have not, at least according to price behavior as determined by actual buyers and sellers in the market.
Read More »I’m Looking for Gold to Drop to Between $1,000 & $900/ozt. Here’s Why (+2K Views)
As the U.S. economy continues to improve steadily, the Federal Reserve prepares to dial back its QE policy, and investors continue to rotate into stocks, the price of gold is poised to fall further. Look for another down leg in the range of $1,000 to $900 an ounce. That's another 20% to 25% loss.
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