It seems as though frustrated junior speculators are clicking sell buttons for tax-loss earlier each year. And despite the gold price remaining well above its breakout region of $1375 to $1400, even more so in 2019. A combination of a Fed rate cut pause, tax-loss selling, and expectations of an […]
Tag: Gold Price
Brexit Deal and Turkey-Syria Truce Limits Gains In Gold
Breakdown A combination of geopolitical events has dampened earlier gains in gold futures. The precious yellow metal traded to a high of $1501 per ounce before softening on the close. As of 4:10 PM EDT gold futures are currently trading up $1.50 on the day and fixed at $1495.60. […]
Bad News Is Good News For Gold | Frank Holmes US Global Investors
Guest(s): Frank Holmes CEO, U.S. Global Investors Fundamental forces are in line to drive gold price higher, especially when it comes to monetary policy, which is “destroying” fiat currencies around the world, this according to Frank Holmes CEO of U.S. Global Investors. “Bad news is good news for gold. What’s […]
Chair Jerome Powell: “Fed To Expand Balance Sheet ‘Soon’”
Gold rose to daily highs Markets digested Federal Reserve Chair Jerome Powell’s comments. That the U.S. central bank will start expanding its balance sheet “soon.” December Comex gold futures were last trading at $1,510.10, up 0.38% on the day after briefly touching Tuesday’s high of $1,515 an ounce. Powell remained potentially […]
The Most Important Thing To Have Happened To Gold This Year
A slight pullback in gold should not deter investors from the fact that the yellow metal is still in a bull market, especially after sentiment has shifted in its favor recently, said Adrian Day, CEO of Adrian Day Asset Management. Read Full Article Here: >> Or Go Back To All […]
Gold Will Be Explosive Unlike Anything We’ve Seen Says Frank Giustra
Frank Giustra speaks with Daniela Cambone of Kitco News Or Go back to All Articles here: https://goldnotes.com/category/latest/
Gold Explodes Before Pulling Back
Although we have been bullish gold since the $1,280 level and achieved our first target of $1,500. All week we wrote that gold would churn around this level before finally breaking out. However, with all of the troubles around the globe and all central banks cutting rates Gold exploded on Wednesday trading […]
Gold: The Unfortunate Final Refuge
Frank Giustra: I have always been amazed by our collective ability to forget history. This applies to everything from politics, to war, to economics. The same things repeat with varying predictable patterns throughout the centuries. As Mark Twain is reputed to have said, “History doesn’t repeat itself, but it often […]