After briefly reaching highs above $2000, Gold has fallen to $1785 (-14%) following the deep selling in the US major indexes throughout most of April & May 2022. It seems to me, that the underlying factors driving the price of Gold have drastically changed. All it would take for Gold to break into a new trend, up or down, would…
The calm of the last 3-weeks has resulted in a risk-on environment. This, in turn, has led to a nice recovery rally in stocks. For the time being, volatility has subsided. However, we believe there are many underlying market risks that can still resurface without any warning. From late 2015 to August 2020, the price of gold doubled, going from…
Chris Vermeulen sits down with Patrick Vierra from Silver Bullion TV to review the signs that point to a further correction in gold and silver. Silver had a strong run from very early February – we’ve broken two significant standout highs on the charts. Typically this means we’ve got very strong upward momentum, and now silver is pulling back, starting…
Chris Vermeulen of The Technical Traders joins Elijah K Johnson from Liberty and Finance to talk about the most recent price actions and commodities during the war. Looking at quarterly charts, we can see that gold is pointing to a lot higher prices because of the war. Silver is quite the beast, though it typically lags a little bit then…
Chris Vermeulen of The Technical Traders discusses gold’s price direction and precious metals in general with David Lin, anchor for Kitco News. It appears that we are coming into a pretty major super cycle in precious metals, which started back in 2019 – this is about a 5-year cycle for gold. Gold had a very strong rally over the past…
Chris Vermeulen joins Dave Russell from GoldCore TV to discuss the chart patterns that could help us interpret future moves in the stock markets. Specifically under discussion are the potential next moves in technology, gold, silver, bond markets, oil prices, and other precious metals. Overall, technical analysis and the chart patterns show we are still in an uptrend in terms of the…
Chris sits down with Craig Hemke of Sprott Money to talk about their Precious Metals forecast, latest moves, next year’s projections, and discuss commodity/food inflation. Precious Metals have been struggling and trading sideways or lower all year. Based on the Fibonacci extension on both long-term charts and the recent bull-flag pattern, the 100% measured move for Gold is… Continue Reading…
As precious metals traders have waited out this extended sideways/downward price contraction in price over the past 14+ months, a very broad Pennant/Flag price formation is nearing an APEX level which suggests Gold may begin a new rally phase over the next 60+ days. Read More Visit our website for today’s market trends and trading signals!
Can a little gold help secure your golden years? The author of today’s article notes that “regardless of the cause, inflation can wipe out seniors and savers buying power very quickly” – and believes that one of the best ways for individuals to protect themselves against inflation is by owning precious metals. But what’s the best way to go about…
Despite renewed strength in – and interest in owning – gold, the author of today’s article believes that few people have a good understanding of why the precious metal behaves the way it does – and thus what role (if any) it has to play in an investment portfolio. As such, he proceeds to examine the case for and against…