RSSCategory: Gold

Confidence in Gold

Confidence in gold continues to be undermined by even its most ardent long term admirers.

Between July and early September this year it looked as if the yellow metal was at last on the move up despite those months being traditionally slow in the precious metal markets. Optimism became the order of the day.

Then came the downturn to flat line for the last four weeks at around $1270 an oz.

November 4, 2017 | By | Reply More

Gold In The Time Of Inflation

Since the crash of 2008 the mantra of the western worlds central banks has been to fear deflation. Keep interest rates at near zero or in some cases negative and Joe Public will spend his every last dime to keep the economy going.

March 27, 2017 | By | Reply More

When will Gold Get Real ?

Browsing through the diverse views of the many investment news letters and analysts opinions that fill my inbox daily together with the Donald’s reported political appointments and almost daily change of policies, it really has become impossible to forecast the direction the US economy will take in the first months of the new presidency.

November 30, 2016 | By | Reply More

Gold Promises But When Will It Deliver!

Gold started to rise in mid January and gold bulls, myself included, felt that the tide had turned at long last.

By February 12th it had reached $1237.00 an oz. and all looked well for the long overdue assault on $1400.00 an oz. and upwards. Some dared to think that $2000.00 an oz would be in its sights within another twelve months.

April 8, 2016 | By | Reply More

Gold Trending Up Can Be Your Friend

Few will deny that gold has reversed its downtrend dating from 2011 and is now in the early stages of a bull run.

From a low of $1064 an oz. last November it has put on $970 by today, Wednesday 24 February, two hours before markets open in the US.

February 24, 2016 | By | Reply More

The Knives Are Out for Gold

If we believe all that we read, then we can have little hope that gold will recover any of the lustre it enjoyed between July 2012 and October 2013 in the foreseeable future.

November 23, 2015 | By | Reply More

Gold Analysts Can’t Read the Future

Can you remember how excited so many technical analysts became when gold hit a double bottom at the end of July followed by another near bottom early August. In tech speak, double bottoms lead to a rising price and sure enough within three weeks gold had risen from $1085 to $1162.

September 25, 2015 | By | Reply More

Is Gold Influenced by the Power of Words?

My Father loved an argument. So much so he would deny the obvious just for the sake of pitting his ability with words to deny the logic of his own father and his son. I remember my grandfather pointing at some white floor tiles and saying “ your father would argue all day long that those tiles were black just to be different and to get us wound up”.

February 16, 2015 | By | Reply More