One of the key metrics we use for gold forecasting is again flashing a warning signal. We are referring here to the Japanese yen and its relationship with gold, as the correlation between these two asset classes has been incredibly strong for the last eight years and counting. The best […]
Weekly Market Analysis
Gold Falls – Where Will It Find Support?
The declines in gold and silver this week fit in line with our expectation that the rallies since August were due to correct. Further declines are expected over the months ahead. However, just as gold did not advance in a straight line over the past six months. Neither will it […]
Silver Price Update
Six weeks ago we highlighted the important confluence of resistance that the silver price was challenging (https://bullionexchanges.com/blog/2019/01/14/silver-can-it-break-resistance). Let us update this analysis: has silver proven itself ready to shine? First the stats: for the week in sum, the silver price rose $0.17 cents or 1.1% to close at $15.91. As […]
Commodities Forming Long-Term Bottom
Some consider precious metals to be timeless stores of wealth which predate civilization itself. Others consider precious metals to be mere commodities. No matter where one fits within that spectrum, one thing can be stated as a fac. In the modern era, precious metals are indeed included in the wider […]
Gold Miners vs. Price of Gold – Reason for Caution?
Although over the long run we believe the precious metals will rise much higher in price, we are cautious over the shorter timeframe. This article will serve to illustrate one of the primary reasons for this caution. It is periodically important for physical precious metals investors to pay attention to another […]