Gold Price Targets

Gold: Setting Near-Term Price Targets This was our “initial upside target” — which has now been exceeded. What’s next? Around the first week of the year, the outlook for gold was not looking promising, at least according to this Jan. 5 headline (Reuters): Gold set for weekly decline as dollar, yields climb The rally in… Read more Gold Price Targets

Gold Price and Inflation

Gold and Inflation: Here’s a Market Myth “If you believe in Gold as a consumer price inflation hedge then…” Back in the days of the Roman Empire, an ounce of gold could buy a Roman a well-made toga, belt and finely crafted sandals. In modern day Rome, lo and behold, a businessman can become sharply… Read more Gold Price and Inflation

Crypto Winter Update

Cryptos: Welcome to the “Lunatic Fringe” A crypto hedge fund going all the way down to $0 is one way you know it’s “a Grand Supercycle peak” The bankruptcy of crypto broker Voyager Digital has been widely reported. Now, another crypto investment “bites the dust.” This time — it’s Three Arrows Capital (3AC) — a… Read more Crypto Winter Update

Head and Shoulders in Euro

Euro: Look at This Head & Shoulders Chart Formation Learn about the “head and shoulders” measuring formula You are probably familiar with the classic “head and shoulders” chart pattern. But, in case you need a refresher, here’s a brief description of a head and shoulders top: The high of an initial upward move is the… Read more Head and Shoulders in Euro

Why did Bitcoin Crash?

Bitcoin’s 24-Hour Crash: FCA Warning Was a Slap in the Face. But It Wasn’t the Cause. See what ‘allowed’ for a turn down in the immediate future. In case you blinked over the last two days, bitcoin bulls had their hat abruptly handed to them when the cryptocurrency plummeted a jarring 26% in 48 hours.… Read more Why did Bitcoin Crash?

Is Gold at a Top?

Gold and Silver: Pay Attention to This Noteworthy Record High Here’s what usually occurs in related financial markets when “big changes in social mood are afoot” Related financial markets tend to move together. For example, gold and silver. Or, consider stocks. When the Dow Industrials are up on a given trading day, the NASDAQ is… Read more Is Gold at a Top?

US dollar Elliott waves

See the signs that could’ve helped you nail two junctures in the greenback’s trend The legendary football coach Vince Lombardi believed that a winning team is built on mastering the game’s basics — so much so that at the start of the season he would “remind” veteran players, “Gentlemen, this is a football.” Lombardi would… Read more US dollar Elliott waves