The Most Important Indicator for Gold

Posted on

The fundamental driver for Gold is declining real interest rates or expectations of a decline in real interest rates. Fed rate cuts or accelerating inflation and rising inflation expectations lead to declining real interest rates.  In the current macro-market context, the most important indicator is something different. Recently, we wrote why the real bull market … Continue reading “The Most Important Indicator for Gold”

Gold Stocks are Trying to Bottom

Posted on

Since we called for a bottom a few weeks ago, Gold and gold stocks have tested that call. Gold and gold stocks rebounded but then appeared to begin another leg lower. This week had some optimism, but Thursday’s decline erased the optimism.  Traders and analysts (uh, me) are getting whipsawed.  The gold stocks are oversold … Continue reading “Gold Stocks are Trying to Bottom”

  • as seen on: