News
Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4, 000/oz
8+ hour, 47+ min ago (1158+ words) NEW YORK (June 12)Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U. S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4, 000 support level before the…...
Gold Price Forecast: Correction Appears Near Completion
15+ hour, 31+ min ago (413+ words) Precious metals and mining stocks are showing signs of bottoming near our mid-year target zones. On Wednesday, our Gold Cycle Indicator registered a reading of 33its lowest level since October 2023, when gold was trading just above $1, 800. Although a 12 week rebound remains…...
Is the US Economy Headed for a Bust?
2+ day, 1+ hour ago (694+ words) There is a high likelihood that, due to the past large decline in the yearly growth rate of the money supply, the US economy is heading towards an economic bust. Note that the yearly growth rate of money supply fell…...
The Precious Metals Correction: Late Innings, Not Quite Done
4+ day, 16+ hour ago (475+ words) The intermediate-term correction in precious metals is getting long in the tooth'but it is not over yet. We are finally seeing the kind of cleansing you want to see after a major breakout: sentiment has cooled, positioning has washed out,…...
Gold's Means Reversion; S&P's Record Excursion
1+ mon, 3+ week ago (323+ words) Moreover, in each trading day's Prescient Commentary we cite the stance of the BEGOS Markets relative to their "Neutral Zones:" be a market higher or lower, if its price is within that day's Neutral Zone, we deem the day as…...
Gold's Healthy Correction: Why the Bull Market May Still Be in Its Early Stages
2+ mon, 5+ day ago (920+ words) After the second greatest breakout in its history in March 2024, Gold has entered its first meaningful correction. For many investors, pullbacks can feel uncomfortable, especially after strong gains. But in long-term bull markets, corrections are not only normal'they are essential....
Oil, Economic Deceleration & a Crack-Up Boom?
2+ mon, 2+ week ago (747+ words) Official (i. e. Fed and government) macro operations need a trigger and a lever. The trigger will most likely be a market liquidity event with a deflationary overtone to call the Fed and Trump administration into inflationary action (printing and spending). While…...
Bigger Isn't Better: A Case for Downsizing the Federal Reserve
2+ mon, 2+ week ago (572+ words) President Trump's conflicts with'Chairman Powell'and with'Governor Cook'have obscured real shortcomings at the Federal Reserve and brought little useful change. These conflicts tend to focus on whether the Fed's target interest rate is too high or too low. Meanwhile, institutional problems…...
AI Is Bullish On Gold - What About You?
3+ mon, 3+ day ago (272+ words) Kelsey's Gold Facts: ""Where are gold prices headed over the course of 2026? Please include some specific target prices and reasonable explanations."" If we combine macro conditions, historical gold cycles, and current forecasts: Gold will respond most strongly to these signals:…...
Gold Forecast: Key Message for Gold
3+ mon, 4+ day ago (519+ words) With the above said and noted, a quick look at the position of the various Gold cycles. For the short-term picture, our smallest-tracked wave in Gold is the 10-day component, which is the 'trading cycle', and is shown on the…...