Stocks And Gold: What Happened Last Week

Stocks And Gold: What Happened Last Week

The coronavirus crisis is perhaps the real “Black Swan” that no one saw coming.  While the virus pulled the trigger on the loaded weapon aimed at the stock market, it’s not the cause of the fastest 10% decline in the history of stock market.  Using “as adjusted” GAAP...
Gold ETF holdings hit record high amid coronavirus worries

Gold ETF holdings hit record high amid coronavirus worries

Holdings of gold by global exchange-traded funds are at a record high as investors sought safety from recent weakness in equities and worries about the coronavirus hurting the global economy, analysts said. A number of analysts have also cited the global macroeconomic...
Gold Signaling A Financial System Disaster Will Hit

Gold Signaling A Financial System Disaster Will Hit

And it’s not just gold. The Fed is already hinting that more money printing is coming.  Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession.  A couple other Fed officials this week confirmed that the FOMC...
What To Make Of Gold’s Peculiar Surge Above $1600

What To Make Of Gold’s Peculiar Surge Above $1600

Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years!  That big round psychologically-heavy level is really catching traders’ attention, great improving sentiment.  Yet this recent gold surge has proven peculiar.  Unlike...
Gold’s perfect storm is upon us

Gold’s perfect storm is upon us

There is an old saying on Wall Street that the market is driven by just two emotions: fear and greed. While general equity investment decisions are driven by fear to the downside and greed (the current market emotion) to the upside, the gold price has the ability to...