AI, Stocks, And Gold Stocks – Connected After All
AI! Computers making intelligent decisions! New paradigm! Old laws don’t apply anymore! Long live the bull market! …Really? Yes, AI … Read more
AI! Computers making intelligent decisions! New paradigm! Old laws don’t apply anymore! Long live the bull market! …Really? Yes, AI … Read more
Of course, they could. But will they? Are they likely to? RSI below 30 seems to be saying so, but… … Read more
What if bitcoin just topped? What does it change for the price of gold going forward, if anything? Many years … Read more
The price of gold moved higher yesterday, but did it manage to rally back above $2,000? No! Despite USDX’s weakness, … Read more
Did last week’s market plunge below the $2,000 level provide the final confirmation? And why is this big news? I … Read more
While I can’t make any guarantees, that’s very likely at this point. Gold hasn’t moved back below $2,000 yet, but … Read more
The thing is that people are usually concerned with very short-term news and price moves: Gold rallied by $X, yesterday! … Read more
Well, that’s not the first crisis that we’ve seen in this millennium. There were COVID-based lockdowns, and there was the … Read more
For some time, silver’s chart was very boring. It did nothing for weeks. Precisely, it kept trying to break above … Read more
Let’s take a closer look at the charts to find out. What Happens Before Bigger Declines? The clue to answering … Read more
Namely, while the GDXJ (upper part of the chart) moved only a little above its recent high, silver has pretty … Read more
Let’s start today’s analysis with a very short-term chart (hourly candlesticks) featuring the Gold ETF (GDXJ) – a proxy for … Read more
To start with the latter, it’s usually not possible to say exactly why a given market is going to move … Read more
In all likelihood – yes. Then it’s likely to slide more – much more. With this pace (chart courtesy of … Read more
Gold started this year with a quick rally, but it was mostly erased. It’s still above its mid-2022 high, but … Read more