Category | Gold, Market Update
Tag Archive: physical gold
Demand For Gold Soaring
The gold market has seen some solid gains since the beginning of this year. Investment demand for the yellow metal could be attributed to numerous factors including the economic slowdown in China, deflationary risks, ongoing geopolitical tensions, uncertainty over U.S. interest rates, and more. We would certainly have no trouble laying out a very bullish case for gold at this point, but it doesn’t matter what we think, it only matters what you think. We would make the argument that gold has many reasons to... Continue Reading
Category | Gold
The Market Could Have Further to Fall Before Finding a Bottom
The gold market s lower again today as some surprising economic data has caught the markets off-guard. In recent trade, spot gold was down nearly $7 per ounce at $1454.60 for the day. The market has continued to hold above support in the $1450 area, but another test of this area could potentially lead to a fresh leg lower in value. The market could even look to test the $1400 region before finding more willing, long-term buying interest. And that is just fine… The market... Continue Reading
Category | Market Update
Another Sign of Strength
The gold market had a lackluster day overall. Prices were slightly higher in early afternoon trade as the bulls attempted to fight off numerous, bearish inputs that included stronger stocks, hopes for a U.S./China trade deal and more. The fact that gold did not, however, see any significant declines could be viewed as yet another important sign of strength. With stocks making a fresh all-time high today, selling was lackluster in the yellow metal. Stock investors appeared to be cheering on hopes for an initial... Continue Reading
Category | Gold
Three Reasons Another Recession is Inevitable
Some analysts in recent months have suggested that the U.S. could be headed for another recession. The ongoing U.S./China trade war, fading effects from tax cuts and government spending and an aging expansion are just a few of the reasons cited. Other analysts have suggested that recent economic weakness and market declines are normal and simply some bumps in the road. Whether the next recession hits this year, next or in the next few years, it will arrive. Here are three simple reasons that a... Continue Reading
Category | Economic and Geopolitical News
Buy the Rumor, Sell the Fact
Stock markets have recently put together an impressive string of gains that has taken the benchmark S&P 500 above previous resistance. Stocks could potentially be headed for an attempt at fresh all-time highs as volatility continues to decline. And why shouldn’t they? The Fed has become increasingly dovish; a U.S./China trade deal may be getting close, and jobless claims are at the lowest level in 50 years. Against this positive backdrop for stocks, however, lurk a number of issues that could derail risk assets in... Continue Reading
Category | Economic and Geopolitical News
Don’t Say You Weren’t Warned
The last several weeks have seen developments on multiple fronts that could potentially shape the next major market meltdown. The Fed’s reluctance to continue shrinking its balance sheet must be at the top of the list. The writing on the wall has never been clearer: Stock markets cannot maintain current levels and wouldn’t have gotten here in the first place without the massive stimulus efforts of the Fed. In other words, stocks are currently trading at “artificial” levels. Stock valuations have not reached current levels... Continue Reading
Category | Economic and Geopolitical News