We look at the internals of the gold stocks which portended to a bounce, the US$ and bond yields as well as potential resistance and support targets for Gold.
Gold Investing and Gold Stocks News
The bottom line is gold is readying to rally. The sharp pullback it suffered over the past month is normal and healthy, serving to rebalance sentiment.
This is why I have been saying less about gold recently.
The key to riding any gold bull to multiplying your fortune is staying informed, both about broader markets and individual stocks.
"QT has never before been attempted, let alone in artificial QE-inflated stock markets trading at bubble valuations and drenched in euphoria. All the stock-bullish tailwinds from years of QE will reverse into fierce headwinds under QT. It truly changes everything."
Gold has surged dramatically to major breakouts since its usual summer-doldrums lows.
David Skarica gives an update on gold and the stock market.
The gold stocks are off to the races again, with big gains mounting. They just staged major breakouts...
Let's look at the charts for the stock market and gold stocks.
The dollar index had support at the 93 level, but it seems to have broken to the downside.
This week gold begins its next big bull rally.
Gold is doing something new that is huge.
Is gold going to finally go through $1,300 this Fall?
"Given GDXJ’s serious problems, leading to diverting most of its capital inflows into larger gold miners that definitely aren’t juniors, you won’t find sufficient junior-gold exposure in this troubled ETF. Instead..."
Rick feels that recent negative sentiment in the gold market may be a good contrarian indicator.
Jim Rogers shares his perspectives on the global economy and on gold.
"After spending days digesting these elite gold miners’ latest quarterly reports, it’s fully apparent their..."
"...this deeply-out-of-favor sector is actually a coiled spring, ready to surge dramatically as psychology shifts...."
Gold bears in hiding as bulls come out!
"The key to this success is staying informed and being contrarian. That means buying low when others are scared..."
Janet Yellen's Fed policy will move gold.
Manic small fry shorting sets up coming rally.
David Skarica sees big upside in gold coming.
Bitcoin crashes as gold lines up!
"The bottom line is gold, and therefore its miners’ stocks, usually drift listlessly during market summers."
When you use the right indicators you don't need predictions.
Seasonal gold price trend patterns in play.
Seasoned investors know the pattern and know what is going to happen.
"Fed rate hikes hurt stock markets, which boosts gold investment demand for diversifying portfolios."