PIMCO: “Currency Cold War” May See Gold Soar Higher

PIMCO: "Currency Cold War" May See Gold Soar Higher

] One of the most well informed investment analysts in the business, Joachim Fels, has warned that we are in a “currency cold war” which may see gold soar much higher. Fels is the global economic adviser at Pimco – the Californian bond asset management behemoth which has $1.76 trillion in assets under management. Yesterday … Read more

Gold Marginally Higher; China Buys 100 Tons of Gold For Its Reserves In 2019

Gold Marginally Higher; China Buys 100 Tons of Gold For Its Reserves In 2019

] ◆ Gold eked out small gains of 0.4% to $1,512/oz after falling nearly 1% last week; Improved risk appetite are capping gains for now ◆ Gold may go lower in the short term and support is at $1,500 and $1,450 per ounce but strong global safe haven demand from investors, family offices and central … Read more

Trump Pumps Market With Trade Talks, Stocks Move Higher, Gold Lower

Trump Pumps Market With Trade Talks, Stocks Move Higher, Gold Lower

] Sue Trinh, Managing Director of global macro strategy at Manulife Investment Management, speaking on Bloomberg. She had some interesting comments regarding the current market structure, in the shadow of the FED, which is expected to drop rates yet again. Ms Trinh sees boosts in asset prices not translating into any real uptick in the … Read more

Gold Reaches $1,610/oz Prior To Retreating, Oil Higher and Stocks Lower As Iran Attacks U.S. Bases

Gold Reaches $1,610/oz Prior To Retreating, Oil Higher and Stocks Lower As Iran Attacks U.S. Bases

] ◆ Gold surged to a seven year high at $1,610.90 overnight prior to retreating as markets experience volatility due to the risks of a U.S. retaliation after Iran’s attacks on U.S. bases in Iraq. ◆ The severe, but long expected, re-escalation of geopolitical tensions led to the gold price surging overnight as speculators go … Read more

Gold Will “Trend Toward $10,000 Per Ounce Or Higher” Over The Next Four Years

Gold Will “Trend Toward $10,000 Per Ounce Or Higher” Over The Next Four Years

] ◆ Central Banks Are “Gold’s Greatest Ally” and They Will Push Gold Prices Much Higher You’re likely aware of the price action in gold lately. Gold has rallied from $1,591 per ounce on April 1 to $1,782 per ounce as of today. That’s a 12% gain in less than three months. My earlier forecast … Read more

Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” – GoldCore

Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” - GoldCore

] Gold and silver are set for a 5% and 6% gain this week and a significant 11% and 30% gain in the month of July (see table below). Weakness is likely to be short term and shallow From MarketWatch: Gold prices ended lower Thursday, with bullion retreating from a record rally that had seen … Read more

[Video] These 3 Trends are Set to Send Gold Much Higher

[Video] These 3 Trends are Set to Send Gold Much Higher

] In today’s video update we look at the 3 key trends which will ultimately drive gold higher. NEWS and COMMENTARY Gold dips on stronger dollar; coronavirus concerns cap lossesStocks tumble as lockdown fears grip investors Gold steady as buoyant dollar, U.S. aid doubts offset virus risks Access Latest Goldnomics Podcast (Part II) Here GOLD … Read more

[ChartWatch] Gold and Silver to Explode Higher Regardless of the US Election Result?

[ChartWatch] Biden Transition and Vaccine Hopes Weigh on Gold for Now

] Today we are taking our weekly look at the charts for gold and silver. After what has been the most unusual campaign season for both candidates, election day has finally arrived. Regardless of your political persuasions, both gold and silver look to be setting up for an explosive move higher. First let’s take a … Read more

[GoldCore TV] Gold & Silver Charts Point to Higher Prices – Chris Vermeulen

[GoldCore TV] Gold & Silver Charts Point to Higher Prices - Chris Vermeulen

] Chris Vermeulen of TheTechnicalTraders.com joins Dave Russell of GoldCore TV. Chris discusses the chart patterns that the long term gold and silver charts are presenting and what he believe that this means for gold, silver and platinum for 2021. Chris is an expert technical analyst and also understands the fundamentals of the precious metals … Read more