During sharp rallies, it’s nearly impossible to convince investors that this move is about to end. And yet, that’s exactly what is likely.
Exclusive Gold Price Analysis
The reversal in stocks is crystal-clear. The ones in the USDX, gold, silver, miners, and crude oil are not. They’re still super-important, though.
Silver shot up again! Excited? And rightly so, because it’s a very important indication.
Gold is trying so hard to move above $2,000… The dramatic attempt gets many heads turning, but… It doesn’t look good.
Miners have already decided what they want to do, and now they are simply waiting for a sign. And they are about to get it.
The yellow metal’s pivot dreams could become a reality. But should it be celebrating the economic weakness?
That’s all, folks. Whatever “bullish news” for gold was likely to happen has likely already happened. And you know what happens next?
Gold Price Analysis
Silver just shot up, and given what the stock market is doing, it makes perfect sense.
What we know about gold is simple and straightforward. Gold is real money and a long-term store of value.
The FOMC meeting on November 1, 2023, proved to be a pivotal moment in the year's economic narrative.
Last week, I emphasized that silver’s outperformance was indicating a reversal. That’s exactly what we saw on Friday. Can you guess what’s next?