Fed Hints at Rate Hike – How Will Gold Respond?

Fed Hints at Rate Hike – How Will Gold Respond?

I’ve long stated that the mainstream media consistently gets the relationship between gold prices and short-term US interest rates wrong. The charts clearly show over both recent and historical cycles, rising interest rates have corresponded with rising gold prices – not the opposite, as erroneously stated by the majority of the press. For example, we’ve

US Dollar & Long Bond Update

US Dollar & Long Bond Update

The US Dollar Index, which measures the US dollar versus a basket of foreign currencies, is still perched precariously just above the breakout point of its 2015-2016 consolidation. Closing the week at 101.1, the dollar must remain above 99.5 on the Index in order to avoid an extremely-bearish reversal pattern, which is tentatively taking the

Gold Targets $1,300

Gold Targets $1,300

There are several unique signals showing us that – barring minor intra-week corrections that could occur at any time – gold is set to move higher toward the $1,300 region before any more significant retracement may be due. To arrive at this target, we examine both the relative strength of the gold mining complex and