Weekly Market Analysis

Trouble in Turkey Boosts Dollar

Turkey is on the world’s financial radar suddenly. Concerns over the state of the country’s economy, including high debt, high inflation, and government intervention in the Turkish central bank’s operations have resulted in a 45% drop in the value of the Turkish lira already in 2018. On Friday alone the […]

Gold Breaks Rising Support

On the heels of continued commodity weakness following the US – Chinese trade wars, gold has suffered a medium-term trend break over the past week. (See last week’s article).  This must alter our outlook for precious metals over the intermediate future. The final print for gold on the New York COMEX […]