The stars seem to be aligning for a revival in gold prices. Prices saw a nice bounce today as equities weakened. The trends in other asset classes, such as stocks, bonds, and the US Dollar, look very stretched in the short-term and poised to reverse. From an inter-market analyst viewpoint, gold also seems to be...
Mid-week market update: The market gods must be angry. Just as a goldbug predicted the demise of the US Dollar (and therefore the rise of gold) as of September 30, 2016 at 4pm ET, the USD rallied and gold cratered on Tuesday. The technical damage to gold was extensive, as it broke a key support...
A reader asked me today if I knew anything about a forecast of an imminent US Dollar Apocalypse of September 30, 2016. After digging around, I found this article on Daily Reckoning. It turns out that the Chinese RMB is going to get included in the Special Drawing Rights (SDR) basket of currencies as of...
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