Let us be very clear: we are bullish on precious metals over the long term. Yet over the intermediate timeframe, the market is giving us signals that a long-term gold double bottom we are expecting to form may take a more complex path than was initially anticipated. We should stay […]
The Royal Canadian Mint announces the official release date of the newest collectibles in the best-selling and highly awaited coin series – the 2017 gold and silver Maple Leafs. They will release on the 7th of December 2016. The industry market eagerly anticipates these superb coins due to their legendary […]
In the wake of the Trump election, the US dollar breaks out higher from the two-year consolidation. It holds between the 92 support level and the 100 resistance zone since the beginning of 2015. The dollar hit a high of 101.5 last week. It decisively breaks through the resistance mentioned […]
Donald Trump clinched an unexpected victory for the US Presidential election on Tuesday. Therefore, it sent major world markets into a temporary panic. Gold surged, and stocks dropped limit-down in the overnight hours. So, it appears gold was on the verge of the technical breakout from the long-term downtrend. This […]
With no change announced to interest rate policy at the Federal Reserve meeting this week, the markets instead focused mostly on the upcoming US election. Polls continued to show the gap between Republican Donald Trump and Democrat Hillary Clinton narrowing. It is now at 1.6%. The correlation between gold and […]
