We wanted to post an update to our late December post on the gold sector for some time now (see “Gold – Ready to Spring Another Surprise?” for the details). Perhaps it was a good thing that some time has passed, as the current juncture seems particularly interesting. We received quite a few mails from friends and readers recently, expressing concern about the inability of gold stocks to lead, or even confirm strength in gold of late. In light of...
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Tag Archive: HUI Gold Miners Index
Gold Sector Correction – What Happens Next?
The gathering of central planners at Jackson Hole was widely expected to bring some clarity regarding the Fed’s policy intentions. This is of course a ridiculous assumption, since these people have not the foggiest idea what they are doing or what they are going to do next. Like all central planners, they are forever groping in the dark.
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Live Currency Cross Rates
On Swiss National Bank
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SNB Sight Deposits: decreased by 2.4 billion francs compared to the previous week
5 days ago -
Gold finds some support at $2,660, with upside attempts limited
9 days ago -
USD/CHF aims to revisit 0.8950 as SNB to cut rates further
9 days ago -
US Dollar tries to keep gains for a fourth straight day despite flat CPI
11 days ago -
Gold price retreats from over two-week top; bulls turn cautious ahead of US CPI
11 days ago
Main SNB Background Info
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SNB Sight Deposits: decreased by 2.4 billion francs compared to the previous week
5 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
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