“Gold’s safety component has been nullified since April as investors have preferred holding cash over bullion while emerging market assets continue to be liquidated. Today we’ll look at the latest factors which point to a continued choppy, directionless market condition for gold in the immediate term. We’ll also discuss the […]
“…the net speculative position decreased by around 9,000 contracts in silver. At a negative 47,000 net-long position, silver speculators are the most bearish on silver in the report’s history.” “…the central bank of India bought gold for its reserves for the first time in a decade and the Mongolian central […]
![Newspaper headlines filled with news about: economy despair, crisis, money worries and dark tones about recession, depression and job losses. In economics, the term [b]recession[/b] generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. The usual dictionary definition is "a period of reduced economic activity", a business cycle contraction. The United States-based National Bureau of Economic Research (NBER) defines economic recession as: "a significant decline in [the] economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales." Image is captured in 12 bit RAW and processed in Adobe RGB color space. [File:XXX; Lot:34]](http://goldnotes.com/wp-content/uploads/2018/09/2382159-economiccrisis-322x212.jpg)
Featured quotes from the report: “Gold continues not to attract safe-haven interest, even though parts of the global financial system are stressed. International investors see the US as the go-to destination for safe investments. • Lingering uncertainty as to the fallout from US trade disputes continues to undermine business […]
“With gold still close to a 1-1/2 year low of $1,159.96 an ounce touched last month, there is little room for prices to fall, Julius Baer analyst Carsten Menke said….Gold has tumbled more than 12 percent from a peak in April as the dollar rose to 14-month highs and […]
Highlights from the Video: 1. Gold is experiencing supply side issues 2. Mergers & Acquisitions on the horizon 3. Demand for gold supply will be exceptional in Canada, and especially in the Abitibi “The miners have been depleting their reserves without replenishing them….There is a severe supply side […]
“…the banks are positioned for a huge move higher in gold and a sell-off in the dollar. The only question is timing. The commercial category of the COT Report (banks + producers/merchants/processors/users) is net long silver futures for the first time in at least 25 years. In combination with the […]
“…I’m skeptical about the stock market at the current inflated valuations. I’m especially skeptical when only the US stock market has recovered since the January peak, while the rest of the world’s markets remain in bearish downtrends….. Instead, if you want a shot to make big money in the markets […]
“It should also be noted that while the U.S. dollar index (DXY, below) remains below its 50-day moving average, it’s still close enough to the 50-day MA that a recovery back above it could quickly be made. Thus it may be necessary for the dollar index to weaken significantly before […]
“The last time we saw this record short position in gold was at the end of 2015 before a powerful rally. The record short position is actually now even greater than the end of 2015 and coincides with the tech bubble in 2000 when gold was under $300 an ounce…. […]
English version: Extended Version – english (230 pages) Compact Version – english (45 pages) Dear investors and friends, We are delighted to send you the 12th edition of our annual “In Gold we Trust” report titled “Gold and the Turning of the Monetary Tides”. The report’s Leitmotif of the turning of the tide refers to three fundamental changes that are currently unfolding: 1) Change of […]