Gold Seen Entering a Long-Term Bull Cycle

Gold Seen Entering a Long-Term Bull Cycle

Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven, according to Old Mutual Global Investors’ Diego Parrilla. The metal is at the start of a multi-year bull run with a “few thousand dollars of upside” in a world of “monetary policy without limits” where central banks print lots of money and low or negative interest rates…

Federal Reserve gives gold a reason to rise

Federal Reserve gives gold a reason to rise

The U.S. Federal Reserve didn’t make any sort of surprise announcement on Wednesday, but it did give gold futures a reason to climb even further as the market breathed a collective sigh of relief. About an hour after the Fed said it would leave interest rates unchanged, but offered some hints on the potential for a rate increase before the end of the year, December gold futures were trading at $1,334.30 an ounce. That’s above…

Gold Prices Bounce From Two-Week Low

Gold Prices Bounce From Two-Week Low

Markets on edge as investors await possible policy moves from Japan and U.S. central banks Gold prices rose Monday as the U.S. dollar weakened, and investors awaited monetary policy decisions from central banks in Japan and the U.S. Gold for December delivery was recently up 0.7% at $1,318.80 a troy ounce on the COMEX division of the New York Mercantile Exchange. Monday’s move higher broke a two-day losing streak that had sent gold prices to…

Gold slides to two-week low after U.S. inflation data

Gold slides to two-week low after U.S. inflation data

Gold hit a two-week low on Friday after data showing faster-than-expected growth in U.S. consumer inflation last month helped support the case for the Federal Reserve to raise interest rates later this year. Inflation is a key factor the U.S. central bank considers when deciding monetary policy. While the prospect of a hike at the Fed’s policy meeting next week remains remote, a new Reuters poll of 100 economists indicated a 70 percent chance of…

Precious Metals Entering, Stocks and Bonds Exiting Bull Market

Precious Metals Entering, Stocks and Bonds Exiting Bull Market

Summary Stocks have been in an uptrend for more than five years and the Dow Jones Industrial Average has more than tripled since 2008 lows. I am concerned that these gains are overinflated and pumped higher through these policies of the Central Bankers and stocks are way overvalued and extremely overbought. Because we have not seen a meaningful correction in the Dow in more than seven years, the chance of a significant bear market remains…

Gold edges up as dovish Fed comments lower rate hike prospects

Gold edges up as dovish Fed comments lower rate hike prospects

Platinum moves away from over 2-month lows hit Monday Palladium off near 8-week lows marked in previous session Gold edged higher on Tuesday after comments by a top Federal Reserve official reduced prospects of a U.S. interest rate hike next week. The Fed should avoid removing support for the U.S. economy too quickly, Board Governor Lael Brainard said on Monday in comments that solidified the view the central bank would leave rates unchanged next week….

Silver Measures Wealth While Gold Stocks Increase It

Silver Measures Wealth While Gold Stocks Increase It

Silver Price Forecast and Gold Stocks Forecast 2016/2017 Silver is one of the goods with the most potential to rise in value over the remaining years of this decade. While silver increases in value, it will be increasingly difficult to add to one’s silver ounces. Below, is a chart (from macrotrends.net) that illustrates silver’s potential to rise over the coming years:

Gold Prices Forecast: Gold In Excess Of $8,000 While US Dollar Collapses

Gold Prices Forecast: Gold In Excess Of $8,000 While US Dollar Collapses

Gold Prices Forecast 2016/2017 The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US Dollar Index was in a declining trend. During the 70s, for example, the US Dollar Index was in decline during the major gold rallies (1971 to 1974, and…