Gold at Overhead Resistance and the Global Economy is Precarious – Technical Analysis
The coronavirus (COVID-19) epidemic remains a global pandemic threat with increases in confirmed cases, deaths, and permanently seeded countries as clusters of onward progression multiply and threaten global supply chains for goods and services. The impact on the U.S....
Fed Stalked by a Coronavirus Black Swan as China Burns
In borrowing a quote from Bill Blain’s Morning Porridge installment today, “I think the music just stopped.” “But the science is worrying. Although the WHO has been praising China for its efforts and openness, something has been awry about the numbers since the start....
Goldilocks is Quarantined From the Coronavirus Fallout in a Gold Vault
Goldman Sachs predicts the coronavirus outbreak will shave 2% off global GDP growth in 1Q20, and that is after the IMF cut its growth forecast at the World Economic Forum in Davos before coronavirus headlines jammed the economic radar. An article published yesterday,...
IT’S LOOKING LIKE 1980 AGAIN After Gold’s Biggest Monthly Gain in 5 Months
Physical gold and the companies that mine it have shown incredible strength since gold bottomed out at around $1,266 in May of last year. The path to record high prices for gold versus the U.S. dollar isn’t going to be a straight line – seasoned investors know that it...
SARS 2.0 Coronavirus Superbug Threatens Stock Markets and Global Economy – Part 2
It has become very difficult to keep up with the rapidly evolving details of the coronavirus story and I will only pen a third part if its virulence elevates to a SHTF pandemic. I will keep a Twitter thread alive with relevant updates as much as possible that...
Core Money: Gold and Silver’s Value Universe
I personally own precious metals because it's the sensible thing to do. With the national debts of all modern nations, from Australia to Japan, the entire continent of Europe, Canada, and the granddaddy of all debtor nations, my native U.S. of A. ballooning into the tens of trillions, it's not even an option to have only fiat digits in your asset portfolio. Educate yourself on the all-important attributes of precious metals investments!