Tag - Market Timing
Saturday, October 5 2019
By GCRU Gold News on Saturday, October 5 2019, 22:13
Following a strong first eight months of the year, the precious-metals complex may be in the process of offering investors one final chance to enter on attractive terms before lurking systemic risks erupt into breakaway price action.
Saturday, September 28 2019
By GCRU Gold News on Saturday, September 28 2019, 04:08
Largest 1st day delivery since Dec 2011
Saturday, September 21 2019
By GCRU Gold News on Saturday, September 21 2019, 01:49
One of the highlights of Pierre’s presentation was his forecast for the price of gold in the next 30 years. After analyzing gold’s historical compound annual growth rate (CAGR) over the past 50 years, ever since President Nixon formally took the U.S. off the gold standard, Pierre says he sees an average price target of $12,500 an ounce by 2049. And under the “right” conditions, it could go as high as $25,000!
Tuesday, September 10 2019
By GCRU Gold News on Tuesday, September 10 2019, 01:48
Question: What do Jeffrey Gundlach, Ray Dalio, Mark Mobius, Stanley Druckenmiller, Paul Tudor-Jones, David Einhorn, Naguib Sawiris, Paul Singer, and Thomas Kaplan – some of the greatest financial minds of a generation – all have in common?
Answer: An attachment to gold and its presence in their personal financial holdings as a safe-haven hedge.
Sunday, September 8 2019
By GCRU Gold News on Sunday, September 8 2019, 00:09
The Bond Blow-Off, Rising Gold Prices, and the Late 1930s Analogue
Saturday, September 7 2019
By GCRU Gold News on Saturday, September 7 2019, 00:02
Some investors talk of $2,000 an ounce gold, but Frank thinks $10,000 an ounce wouldn’t be crazy. “I don’t think it’s going to happen in the next 12 months, but I think that the supply of gold has peaked.”
Tuesday, August 27 2019
By GCRU Gold News on Tuesday, August 27 2019, 09:24
Gold will extend its winning ways as the U.S.-China standoff harms growth, risking a deeper slowdown and inviting more central-bank easing, according to UBS Group AG, which jacked up price forecasts with a prediction the precious metal may hit $1,600 within three months.
Sunday, August 25 2019
By GCRU Gold News on Sunday, August 25 2019, 02:34
Given the persistent—and rising—deficits in the United States (in both fiscal and trade), we believe the U.S. dollar could become vulnerable to a loss of value relative to a more diversified basket of currencies, including gold. As we scan client portfolios, we see that many of them have far more U.S. dollar exposure than we feel is prudent. At this stage of the economic cycle, we believe this exposure should be more diversified. In many cases, our recommendation would likely be to place a higher weighting on other G10 currencies, currencies in Asia and gold.
Note: gold increased to 5% in chart.
Wednesday, July 31 2019
By GCRU Gold News on Wednesday, July 31 2019, 22:55
With the spot gold price at or near highs in many major fiat currencies, today’s easing move by the Fed looks to be the first of a series and augurs well for continued gold price strength.
Sunday, July 28 2019
By GCRU Gold News on Sunday, July 28 2019, 09:21
An important factor which investors should be paying attention to is the correlation between the gold price and the size of the negative-yield debt. The chart below shows that there is a strong correlation which means that the gold price rises as the size of the negative yield debt increases.
Saturday, July 20 2019
By GCRU Gold News on Saturday, July 20 2019, 01:17
Now that gold has broken through the $1,450 an ounce level, a six-high year high, the next big test is $1,500. And as I’ve said before, it can do this in the blink of an eye under the right conditions.
Saturday, July 13 2019
By GCRU Gold News on Saturday, July 13 2019, 22:23
What is certain is that during gold’s six years in the penalty box, the underlying forces that have made the metal a superior strategic investment over centuries have not been idle. The extrapolation of current conditions into unrealistic expectations is a dependable flaw of human nature. The capacity of physical gold and precious metals mining shares to absorb inflows has greatly diminished because of the prolonged attrition of investment interest. Once capital market flows revive, there is real potential in our opinion for parabolic upside in the metal and the shares.
Tuesday, July 9 2019
By GCRU Gold News on Tuesday, July 9 2019, 02:22
The summer months historically present a buying opportunity in precious metals as illustrated in the charts shown below. In the past, there has been a clear change of direction in sentiment annually from the 185-195 day mark – midway in the year. So far this summer, though, gold has broken with tradition by turning in a strong June, as shown in the third chart
Saturday, June 22 2019
By GCRU Gold News on Saturday, June 22 2019, 23:46
But gold? Gold should truly shine in this situation: both by maintaining its purchasing power and increasing in value as $trillions in capital look for safe haven.
Remember that the $7 trillion gold market is a small doorway compared to the $164 trillion held in stocks and bonds. (And the <$1 trillion silver market is ridiculously tiny relatively). If (more likely, “when”) just a few $trillion flee risk assets into the precious metals, the prices of gold and silver will explode.
By GCRU Gold News on Saturday, June 22 2019, 04:34
After breaking out of a five-year trading range this week, the price of gold surged above $1,400 an ounce for the first time since 2013 on expectations of a U.S. rate cut. The 10-year Treasury yield fell to around 2 percent, its lowest level since November 2016. Meanwhile, the pool of negative-yielding government bonds around the world hit a fresh record high of $13 trillion.
Wednesday, June 19 2019
By GCRU Gold News on Wednesday, June 19 2019, 02:55
Norman believes that the gold price has formed enough of a base to break through USD1360 an ounce. “Everything changes once we break through USD1360; it is the mother of all resistance levels.
“In my view, in 2019 we will challenge that level. We have already reached USD1346, in February. Once we breach that, we should see a steady rise to around USD1800 an ounce.”
Saturday, June 15 2019
By GCRU Gold News on Saturday, June 15 2019, 00:57
Gold in that situation is going to scream. It will be the antidote for people with equity portfolios.
Wednesday, June 12 2019
By GCRU Gold News on Wednesday, June 12 2019, 23:27
If you believe negative rates are a real possibility, an allocation to gold and gold stocks might make a lot of sense right now. In the past, gold prices have surged when real yields fell into negative territory. (The real yield is what you get when you subtract the annual inflation rate from a government bond yield.)
Monday, June 10 2019
By GCRU Gold News on Monday, June 10 2019, 22:31
Electrum Group’s Thomas Kaplan is another billionaire who subscribes to gold ownership for longer-term fundamental (supply and demand) and economic reasons. “I like those things where the scarcity is assured,” he told Bloomberg in a Peer-to-Peer interview recently. He also said that the yellow metal was on the cusp of a new decade long bull market capable of lifting it ultimately to between $3000 and $5000 per ounce.
By GCRU Gold News on Monday, June 10 2019, 08:20
After spending almost all of 2018 in bearish territory, gold’s true fundamentals* (as indicated by my Gold True Fundamentals Model – GTFM) have spent all of this year to date in bullish territory.