Tag Archive: global recession

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

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Forget Price. It’s Time to Buy 

The gold market continues to languish below the psychologically key $1500 level. The market, while having several long-term significant bullish catalysts, seems to be lacking a fresh, short-term bullish force that could take prices beyond the $1500 level to stay. Given the last few weeks and gold’s lack of follow through, many investors may currently be asking:  “What’s the problem?” In short, there does not appear to be any type of problem. Sometimes, good things simply take time. That’s all.  That is also why you... Continue Reading

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Could the Fed Reserve Cut Mark the Top for Stocks?

The Federal Reserve cut the Fed Funds rate today by 25-basis points in a move that was widely expected. Markets had been increasing calls for a rate cut from the central bank, and President Trump has made it no secret he thinks the Fed is on the wrong track and wants lower rates. Over the last nine years, markets have become increasingly accustomed to the Fed or other central banks riding to the rescue at any sign of market volatility or significant risk aversion. Central... Continue Reading

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Gold to Remain Well Supported

This week, investors have gotten the latest FOMC meeting minutes and have also been hearing Congressional testimony from Fed Chief Jerome Powell. Stocks are making record highs as Powell’s commentary has been deemed to be dovish. Markets are now expecting a rate cut this month and even additional rate cuts in the months ahead. The gold market is likely to remain on the offensive with or without higher stocks. An environment of falling interest rates and lower yields could force an increasing number of investors... Continue Reading

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Make a Plan

As the year comes to a close, there is no better time to begin thinking about and planning for next year. Significant changes in the global economy and market dynamics necessitate that investors take an objective look at their portfolios to determine how to try to stay a step ahead. Given the current economic and geopolitical backdrop, there as perhaps never been a more important time to have a significant allocation in hard, physical assets like gold. If you are thinking about making some changes... Continue Reading