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<h1 class="entry-title">Tag: Dollar Index</h1>
16 Sep
What we warned you about

This is What We Have Been Warning You About!

We are now only weeks away from the end of the US governments 2018 Fiscal Year.  And it will be one for the record books. But not in a good way. In fact, the year-end numbers are very bad, the worst since the last financial crisis. Originally, the FY 2018 deficit was projected to total “only” $526 […]

12 Sep

Currency Deaths

Currency Deaths Remind Us Why We Own Gold and Silver Wednesday, 9/12/2018 There is only one answer to the question “how many paper currencies have failed?” All of them.  Or stated differently, thousands of them have already failed, while those that haven’t quite given up the ghost yet, the newer ones including the paper Federal Reserve […]

11 Sep
Flashing Red!

Warning Signs Flashing Red!

Tuesday September 11, 2018 “Warning Signs Flashing Red!” Gold started off the week little changed, continuing to consolidate around $1200.  This leaves us a moment to loop back around and underscore an important item we have already shared with you.  But we think it is one that demands repeating. Goldman Sachs’ bear market indicator for […]

02 Sep
gold ingots

Trade Talk and Dollar Weakness Supported Gold This Week

Dollar Weakness Supported Gold Precious metals headed higher this week with gold hovering around $1,200. Dollar weakness supported gold prices, but gold stayed fairly quiet. Silver hovered around $14.50. Trade talk once again was a mover for both gold and the dollar. President Trump announced the possibility of new tariffs for China in the ever-escalating […]

14 May
gold ingots

Gold Posted a Positive Week after Early Struggle

After Battling a Strengthening Dollar This Week, Gold Posted a Positive Week by Friday Metals were down in the early part of the week. However on Thursday it got a slight boost that it held onto through Friday. In the end gold posted a positive week despite the earlier losses. The dollar rallied this week […]

06 May
Bandaged Ben

Fed Leaves Interest Rates Unchanged and Inflation Expectations Are Increasing

Gold Battled Headwinds Early in the week gold struggled against a rising dollar index. It managed to hold just above $1,300. Some muted geopolitical fears after North and South Korean peace talks continued to put the brakes on gold as well. There was also some sell-off, which pushed prices down further. On Wednesday though, gold prices […]

30 Apr
dollar and gold correlation

Gold Under Pressure This Week from the Greenback, But Problems in the Bond Market Are Looming

Gold Under Pressure from Rising Greenback This Week Precious metals were rallying early in the week, but faced some push back on Thursday. By Friday gold prices lifted again slightly and were sitting just over $1,320. Silver ended the week around $16.55. The resistance mid-week came from a rising dollar index. As it retreated again […]

25 Feb
BRICS

Gold Buying Goes Up Around the Globe As BRICS Countries Eye More Gold, Venezuela Toys with Gold Backed Cryptocurrency

Russia Passes China in Gold Holdings as Gold Buying Goes Up Around the Globe The Russian central bank passed China last year in increasing gold holdings as gold buying goes up around the globe. Russia has been buying gold every month for almost three years, while China’s accrual has tapered off slightly. This past month, […]

20 Nov
gold bars 50 day moving average

Gold Broke Out Over Its 50-Day Moving Average As Stock Market Fell This Week and Yield Curve Flattened

Gold Broke Out Over Its 50-Day Moving Average This Week Closing out the week just over $1,290, gold broke out over its 50-day moving average this week. With gold making its second weekly gain, it was building on last week’s safe haven rally. It opened the week at $1,277. Silver opened at about $16.95 and […]

05 Nov

October Spending Hit A Quarter of a Trillion Dollars – How Massive Can the Deficit Get?

October Spending Hit a Quarter of a Trillion Dollars The big story right now that no one is talking about is that October spending hit a quarter of a trillion dollars. October is generally considered a better month for the U.S. Treasury Department with the additional revenue of tax extension filers, but even with the […]

08 Oct
complacent stock market

Complacency in the Markets Affecting Gold

Complacency in the Markets Affecting Gold Negatively This Week The stock market continues to set new highs this week. As these records rack up, there is right now a great deal of complacency in the markets affecting gold. Gold fell slightly again this week under pressure from new stock market highs and interest rate talk. It […]

18 Jun
interest rates up June 2017

Gold Retreats after Fed Raises Rates, but Gold Still Looks Safe Long Term

Gold Retreats after Fed Raises Rates a Quarter Point This week gold retreated from its rally following the Fed announcement Wednesday that lifted rates a quarter point. Gold still looks safe long term, however, and made back some small gains Friday as the dollar index experienced some weakening. The dollar index strengthened Wednesday following the […]

11 Jun
Gold Eagles- Bullion

Gold Is at 7 Week High on Weak Dollar Index

Gold Is at 7 Week High on Weak Dollar Index, Nearly Reaches $1300 This week, gold is at 7 week high on weak dollar index (among other driving factors). Gold prices started out the weak with a rally climbing over $1,290, however it pulled back some on Thursday and Friday. The dollar index was up […]

21 May

Gold Is Looking Bullish after a Week of Volatility

Volatility Rocks the Markets and Gold is Looking Bullish After a turbulent week, gold is looking bullish, and investors are flocking back to precious metals. Volatility rocked the markets stemming from political controversy in Washington. This was the controversy surrounding the President’s dismissal of FBI director Comey and his meeting with Russian state officials. The […]

The Gold Market Discussion with Jim Clark, 3-8-15

March 8, 2015 This week gold prices traded in narrow range around the $1165 to $1210 area, currently gold prices are $1168 per ounce silver at $15.88. Gold is now trading below most miners’ ability to bring gold to market. This represents a tremendous opportunity to acquire physical gold at seriously depressed prices. These are […]