In a bull market corrections can end quickly. One minute you are projecting another 5-10% downside and the next, the market has left lower prices in the dust. A negative reaction to the Federal Reserve statement could have caused lower prices but instead Gold and gold stocks are now primed for new highs. Fundamentally, we […]
I was interviewed by Sunny Pannu, investor relations for Defiance Silver and Minaurum Gold. Among other things, I discussed my recent presentation at the Metals Investor Forum.
My favorite indicator for real time Gold demand is the amount of Gold in the GLD and its fluctuations over time. As we wrote in our book, the driving force for Gold is investment demand which is driven by changes in real interest rates. Western-based investment demand from big money (i.e Stan Druckenmiller and George […]
Our research continues to argue that the current, record rebound in gold stocks will continue. Every time we’ve predicted a correction, the weakness in the sector has been only a fraction of what we expected in both price and time. New bull markets that follow epic bear markets typically show exceptional strength in their first […]
We discuss potential downside support targets for Gold and gold stocks…
Jason Zweig, who a year ago called Gold a “pet rock” is doubling down. He reiterates his belief, albeit a misguided one that Gold is a pet rock and justifies it with the usual anti gold bug propaganda. Unfortunately, Zweig along with many gold-bashers and ironically some gold bugs continue to either neglect Gold’s major […]
GLD is a real-time indicator of investment demand for Gold. Investment demand drives Gold both up and down. Also, Gold/FC is now within 10% of its all time high.
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Greg Weldon, CEO of WeldonFinancial (weldononline.com) one of the leading macro analysts covers the markets and Fed policy for Gold investors. Visit WeldonOnline.com to get a free trial to Greg’s fantastic research and analysis.
Gold broke-out last week on Brexit while Silver waited a week to join the party. The miners, meanwhile cleared 2014 resistance today. There are breakouts across the board in the precious metals space. The weekly candle charts of Gold and Silver are plotted in the image below. Gold appears to have digested the Brexit […]