Video Update

The macro landscape has shifted tremendously in Gold’s favor over the past few months. The yield curve will invert soon, signaling a recession in the next 6 to 18 months (average of 12). Meanwhile, the Russian invasion into Ukraine is going to disrupt global energy and food markets, leading to persistent and likely higher inflation … Continue reading

Gold, Silver, and gold stocks formed breakaway gaps on Tuesday. With the strong close today, it is highly likely breakaway gaps have been confirmed. In this video I educate a bit on breakaway gaps and then discus the short-term outlook for Gold, Silver, and gold stocks. Click Here to Learn About TheDailyGold Premium  

The stock market has had three major breakouts in the past century, which all gave way to massive bull markets. These breakouts coincided with major peaks in Gold and commodities. The huge moves in Gold typically began after major peaks in the stock market, although the relationship is not perfect. The major breakouts in Gold … Continue reading

Gold’s attempt to breakout above $1900 failed the day Russia invaded Ukraine. Gold traded up to $1975 but ended up closing below $1920. It then closed the week below $1900. Gold needs a weekly and monthly close above $1900 to break to the upside. Ultimately, developments with the economy and stock market will drive Gold … Continue reading

Contrary to popular opinion, the gold stocks are not priced for $1600 Gold. They are priced for the same margins they had at $1600 Gold. Gold stocks performance against Gold reflects their margins and profitability, which has declined materially over the last 18 months. The gold stocks relative to Gold declined massively over the last … Continue reading

Gold needs a weekly and monthly close above $1900 for a breakout. A breakout is when a market clears a critical resistance level and proceeds to launch higher. The breakout is the start of the move. We highlight 3 indicators that will confirm a breakout in Gold and a new bull run in Gold and … Continue reading

Gold has broken out from trendline resistance but has more significant resistance levels to overcome for a sustained advance. Most notably, breaking above $1900 on a weekly and monthly basis is the key to a real breakout. Until then, $1900 is major resistance. Part of this move is driven by war worries. That is unsustainable … Continue reading

Gold & Silver remain in a correction. Recent price action and the history of selloffs before the first rate hike suggest more downside. However, history suggests a major bottom is quite possible this spring as well as a rebound in the metals for the bulk of 2022. Gold has not been in a real bull … Continue reading

The bond market and the yield curve holds the cards for Gold, after the stock market crash. The yield curve is diving towards 0. When it nears 0, the Fed will stop hiking and turn to rate cuts. Real interest rates peak and decline when the Fed stops hiking. Gold & gold stocks will bottom … Continue reading

Interestingly, over the past six years Gold & Silver have not been correlated to rising inflation expectations. They have appeared to lead inflation expectations by several months. Recent increases in inflation expectations have led to rising real interest rates, which is bearish for Gold & Silver. The last time inflation expectations peaked and rolled over … Continue reading