Gold in Foreign Currencies

Gold in Foreign Currencies

Given the turbulence in the world political scene surrounding the French election, saber-rattling between the United States and North Korea, and uncertainty regarding Russian support for Syria, let us take the opportunity this week to update our perspective on gold as priced in major world currencies outside the US dollar. If gold was found to

Gold Breakout is Approaching

Gold Breakout is Approaching

Gold is inching ever closer to a resolution of the primary converging pattern that we have been monitoring for the last six months. The resolution of this pattern is going to define the trajectory for the precious metals market into 2018, so it continues to deserve our foremost attention. We have supporting indicators from other

Silver Reverses Friday – Manipulation?

Silver Reverses Friday – Manipulation?

Friday saw a dramatic day in the precious metals market. In the aftermath of the US retaliatory strike on Syria, gold and silver both rose sharply higher in the overnight hours early Friday morning, only to reverse lower by the close of trading for the week. In general, short-term political and/or terrorism-related market reactions tends

Inflation Outlook and Opportunity

Inflation Outlook and Opportunity

As the central thesis for an emerging precious metals bull market revolves around an increased awareness by world citizens that the currencies they hold as savings are intrinsically worthless, any time we see significant weakness in a major currency we must place our attention there. And when the currency in question is the US dollar