Weekly SNB Sight Deposits and Speculative Positions: SNB buying euros at high prices – February 22, 2021
2021-02-22
Update February 22 2021: SNB intervening. Sight Deposits have risen by +0.1 bn CHF, this means that the SNB is intervening and buying Euros and Dollars: The change is +0.1 bn. compared to last week.
Gold & Silver Charts Point to Higher Prices & Chris Vermeulen
2021-01-12
Chris Vermeulen of TheTechnicalTraders.com joins Dave Russell of GoldCore TV.
The Great Reset vs. The Great Reset
2020-12-05
In baseball, there is a situation where a base runner is sprinting to home plate and can’t see what is happening behind him. Totally focused on scoring, he doesn’t know if the outfielder is throwing a ball that will reach home plate first. That’s where we get the phrase “out of left field.” (If the ball were coming from right field, the runner could actually see it.)
There is No Denying that Cash is Trash!
2020-12-04
Governments are likely to continue printing money to pay their debts with devalued money. That’s the easiest and least controversial way to reduce the debt burdens and without raising taxes.
Biden Transition and Vaccine Hopes Weigh on Gold for Now
2020-11-25
Today we are taking our monthly look at the charts for gold and silver. We have now received news of 3 Covid19 vaccines that are seeking approval following successful trials and markets have sat up and listened.
Prepare For ‘No-Deal Brexit’ – Own Physical Gold To Protect Your Wealth
2020-11-13
The Brexit deadline of December 31st, the date beyond which the transition or implementation period cannot be extended, now looms large and the dreaded “No-Deal” Brexit outcome looks increasingly possible by the day.
Why High Net Worth Investors are Opting for Physical Gold Vs ETFs, Digital Gold & Crypto-Currencies
2020-11-06
As we continue to await the official result of the US Election, in the short-term financial markets remain volatile.
Is the US Election the “Cork in the Bottle” for Gold and Silver?
2020-10-23
Today we are taking our weekly look at the charts for gold and silver.
Republicans and Democrats continue to play the “will they, won’t they?” game over another stimulus package in a Covid19 ravaged US economy. An agreement on a package will ultimately be seen as positive for the markets but, with the US Election just weeks away this may prove to prolong negotiations or postpone decisions until the results of the election are clear and accepted by all.
Will Gold Now Retest $1,930?
As you can see from the gold chart below, gold has rallied on positive stimulus news and pulled back as negotiations stall.
After the previous “false break” above $1,910, gold once again closed above this level which opens up a retest of $1,930. However, the short-term upward trend line is