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GDXJ Sell Off is a Blessing in Disguise

I. The Bond Market Loses Confidence in the Fed After the Fed hiked rates and highlighted their balance sheet unwinding plans last week, bond yields further dropped. This means there is a significant lack of confidence in the economy and doubt in the Fed by bond investors. Why does this matter? Because bond investors are [...]

Gold Slips on Dollar Strength, Profit Taking, Trump Comments and Futures Expiration

Friday morning update: Gold and silver have gone vertical in the last 30 minutes after Q4 GDP growth came in at just 1.9% versus earlier expectations of 2.2%. In addition, durable goods orders dropped more than expected. Interestingly, both gold and silver are rallying without a drop in the USD. Silver is leading gold, up [...]

By | 2017-03-23T14:06:46+00:00 January 26th, 2017|2017 predictions, Gold & Silver Commentary|

10 Predictions for 2017: Gold, Stocks, Trump, Putin and War

"As for me, all I know is that I know nothing." - Socrates The quote is a paradox within itself, but sums up the outlook of anyone that has gleaned a grain of wisdom in their life. Yet, here I am offering predictions for the future, a thing one could know with even less certainty [...]