US Dollar

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Weaker US$ Could Send Gold & Gold Stocks to Higher Targets

Gold has underperformed both in nominal and real terms. Last week it formed a bearish reversal in nominal terms and against foreign currencies. However, the good news for bulls is the US Dollar Index lost support at 100, due to the Trump administration’s tough talk against Germany (and the Euro). Couple that with no movement … Continue reading

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Surging US Dollar in 2017 a Catalyst for Gold Bottom

Gold has suffered recently in the wake of higher real interest rates while the US Dollar, thanks to higher yields has reached a 14-year high. Stronger real rates hurt Gold but so does a stronger US Dollar, which remains the dominant global currency. In addition to falling real interest rates Gold likely needs the US … Continue reading

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Video Update: Gold & Gold Stocks Rally Coming but When?

The precious metals sector, specifically Gold and gold stocks have been oversold for a while. They recently broke lower and have made a small bounce the past few days. They may have to drop further before a sustained rebound takes place. We also analyze the US$ and how its strength could eventually help Gold bottom.  … Continue reading

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Will a Rising US Dollar Crush Gold’s Fledgling Bull?

Gold and gold stocks have stabilized after forming a short-term low and even held up well while the US$ index pushed to an 8-month high. Conventional wisdom would tell us with the US$ index nearing a major breakout, Gold and gold stocks would be vulnerable to further losses. However, many astute analysts and traders believe … Continue reading

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Greg Weldon Analyzes Gold, Silver, US$ & Fed Policy

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.  

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US Dollar Rebound Increases Near-Term Risk

Last week we noted that the odds favored more upside in precious metals before a larger correction would begin. While that view remains on track, we want to note the renewed strength in the US Dollar which could provide immediate resistance to higher levels in Gold and gold stocks. The chart below plots the weekly … Continue reading

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2016 Outlook for Precious Metals

The precious metals sector will close 2015 entrenched in a seemingly forever bear market. Most of the sector has been in a bear market for over four and a half years. Gold’s bear market will reach four and a half years in a few months. Meanwhile the US Dollar’s bull market remains strong and is … Continue reading

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Precious Metals Video Market Update

A look at Gold’s upside targets and major downside support. We also analyze Gold’s latest CoT and provide thoughts on the effect of Fed rate hikes on the US$ index.    

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Interview with Palisade Radio: Impending US$ Breakout

The US Dollar is just 1% away from a new high. Meanwhile, gold just made a new low for the current bear market. So what’s next for gold investors? Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication … Continue reading

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