Tag Archive: government spending

6-Year Highs Just the Beginning

The gold market recently powered to a 6-year high as the notion of a dovish Fed and easy money policies gained further steam. The market saw a buying frenzy take prices straight to the $1450 region, a level which, if breached, could signal a much more significant upside rally. The market may simply be getting started in the early stages of the next great bull market which could take prices back to all-time highs near $2000 per-ounce and well beyond. There are numerous factors that... Continue Reading

Three Reasons Now is the Time

The gold market has been garnering more headlines in recent weeks as the metal has been trending higher and seemingly staged an upside breakout from its previous trading range. With the metal trading solidly above the $1400 level, a test of resistance around $1450 could be the next major tipping point. Analysts are citing numerous reasons for gold’s recent upside, including risk aversion and a stronger technical posture. Below are three reasons that gold may continue higher, and these issues could potentially push the metal... Continue Reading

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The Fed’s Towel-Throw Could Spell Trouble for Stocks

At its most recent meeting on monetary policy, the Fed outdid many of even the most dovish expectations. The central bank essentially came out and said – without actually saying it – that trouble for stocks is ahead, and the next recession is approaching. All the Fed’s previous talk about further rate hikes in 2019 and the balance sheet run-off continuing on autopilot were completely wrong. Although the central bank could potentially hike once more in 2020, such a move could be more of a... Continue Reading

Take Advantage Now

The gold market continues to remain on the defensive, as prices have not been able to distance themselves from 12-month lows. Weaker crude oil, a stronger dollar, rising yields and higher stocks have all taken a decidedly bearish toll in recent weeks. Selling pressure has seen the metal drop to 12-month lows, while also potentially threatening to take it down even further. Sentiment in the sector is bearish, and could arguably be seeing an extreme level that may not be sustainable. In other words, right... Continue Reading

Are Investors Putting the Cart Before the Horse?

The year is quickly winding down, and gold may end 2016 on a bit of a sour note. The recent decline in gold prices, with a strong rise in stocks, interest rates and the dollar goes to show just how quickly things can and do change in modern financial markets. Although gold could potentially remain on the defensive for the next several weeks or even months, we believe it is important to keep the recent sell off in perspective. Equity markets have been moving sharply... Continue Reading