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Welcome to our 600th consecutive Saturday Edition of The Gold Update. "Ain't missed a one, hon!" And to all of our valued readers, linkers, publishers and broadcasters across the past decade and 'round the world, our humble and heartfelt thanks. You are why we've made it this far.
Such was Gold's quest this past week in attempting to regain our anticipated near-term price of 1800: Wednesday's high was 1798.4; Thursday's high was 1798.1; and Friday's high was 1796.3.
forecasts Gold’s Current Commodity CostumeGold historically has (rarely) been broadly categorized as “overbought” vis-à-vis currency debasement, our arguing such case in price “having gotten ahead of itself” back in 2010-2011 as graphically depicted in the above millennium-to-date panel. Feb 07, 2021 08:49 AM GMT Otherwise, its being disregarded and disrespected occurs when ’tis treated as a commodity, especially whilst the sinister stock market is fawned over as being, well, “Gold”. Such seems the current state of these two mighty markets. Advertisement Start Trading 75% of ...
forecasts Gold Grindin’ ‘n Gatherin’ toward GroovinAn alliterative title, indeed favourably flowery for Gold’s having ground up the so-called “weak longs”, its gathering fresh ones and getting grooved for the oft-seasonal price rise into year-end. Dec 13, 2020 01:06 PM GMT That’s if at the very least “history repeats itself” as chronologically across the past three years Gold from this date through 31 December has respectively increased a net +4.9%, +2.9%, and +2.8%. Moreover at the very most “and then some” is the above Gold Scoreboard’s valuation being nearly double ...