There's plenty of resistance facing the price of gold.
But we're entering what's typically the strongest season of the year for gold stocks.
And we fully expect the price of gold to rise soon, just after a little more near-term correction.
There's plenty of resistance facing the price of gold.
But we're entering what's typically the strongest season of the year for gold stocks.
And we fully expect the price of gold to rise soon, just after a little more near-term correction.
Negative interest rates are already in effect in at least eleven countries.
What's more, the total value of negative yielding bonds is expected to keep rising as central banks keep pushing rates lower.
Meanwhile, odds are growing rapidly that America will be the next major economy to institute a negative interest rate policy.
Ultimately, hundreds of millions of investors will be victimized by this dubious practice.
But there's no need for you to be among them...
Gold is finally back! In the past month, the metal is up $100, and it's up over 20% since its August lows of last summer.
Although the Fed's recent signal of a possible rate cut has helped drive gold higher, it's reacting the way it always has by attracting investors as they seek shelter from economic and geopolitical storms.
And today, Peter's going to show you the best way to play the metal of kings...
The biggest news for gold this past month is… the price.
The price of gold has been red hot in the month of June. In fact, the precious metal is already up 6% from its May lows near $1,270 per ounce.
By Daniel Smoot, Associate Editor, Money Morning - • Print | Email
Trump's latest tweet threw the market into a frenzy, but the price of gold shot up.
This is just another piece of the lucrative trend we've been talking about for months.
And gold will only continue to skyrocket through 2019...
The price of gold has managed to churn a few stomachs in the past month, but the data makes these lows look more like the growing pains.
By Money Morning News Team, Money Morning - • Print | Email
The price of gold is going up, according to Money Morning Resource Specialist Peter Krauth.
He says the recent pullback in gold prices was actually a healthy indication they would rise again this year.
Here's what you can expect to gain from gold in 2019...
I've been telling you for a while that a pullback was not only normal, but healthy.
Now that the data is in, I'm going to show you why.
Gold has already printed a solid bounce back to $1,310 in just the last few days, strongly suggesting its correction has run its course.
With this in mind, there are big things ahead for the price of gold in 2019...
The price of gold consolidated again last week, but that stage of the climb might already be over. If the "golden staircase" pattern continues, gold prices could jump higher again soon.
In fact, gold could get an even more bullish catalyst this year.
Here's my latest update and gold price target...
Gold prices traditionally move inversely to the dollar.
But when they move higher together, it could mean a breakout to the upside is coming.
And that's exactly what we're seeing right now...