The commodity complex continues to struggle on the heels of intensifying trade wars between the world’s two largest economies: the United States and China. On Tuesday President Trump released a list of Chinese goods valued at $200B that may be […]
Author: bullionexchanges
Gold – A Market in Motion
It is our hope that you will understand the scope and place of these articles in your own investment decisions. There are dozens if not hundreds of sources that you may choose to turn to each week to read theories […]
Silver Testing Multi-Decade Support
Last week (6/25/2018-6/29/2018) we provided an update on the important test that is being witnessed in the gold market above $1,235 per ounce, as short-term traders who are selling following the failure at $1,300 in May are being challenged by […]
Gold Approaches Critical Support
For the week in sum (6/18/2018 – 6/22/2018), gold finished lower by 0.6% or $8 to close at $1,271 as of the final trade on the New York COMEX futures market on Friday afternoon. Failed Support Turns to Resistance The […]
US-China Trade Wars Hit Precious Metals
The harsh selling in gold but especially silver on Friday – down 2.3% and 4.5%, respectively – was largely the result of widespread liquidation across the entire commodity spectrum during the early morning hours. The selloff followed an announcement by […]
The Fed is Following the Market – Will Gold Respond Again?
This week on Wednesday (06/13/2018), the Federal Reserve will gather for its once-per-six-week meeting on monetary and interest rate policy in the United States. We have demonstrated how since the first interest rate hike of the present cycle in December […]
The US Dollar Versus Gold
The US dollar has been rising in a counter-trend rally since mid-April, up nearly 6% on the dollar index over the past five weeks on speculation that the Federal Reserve will again raise interest rates at the coming June 13 […]
Falling Bond Market – Will the Federal Reserve Step In Again?
The unspoken behemoth in world markets continues to be the United States bond market, which is gathering momentum downward in a sign of having solidified a long-term generational top. Following the failure of the parabolic curve shown below that was […]
Federal Reserve and Gold Update
This Wednesday’s Federal Reserve meeting came and went without significant impact. Indeed, interest rates held steady, as expected. The language out of Fed chair Jerome Powell’s accompanying statement was mostly unchanged from the prior March meeting. One interesting snippet from […]
US Dollar Begins Counter-Trend Rally
The US dollar has begun a counter-trend rally which should last for several months. As precious metals investors, why should we care about what happens to the dollar? The coming advance may put downward pressure on the precious metals […]
