U.S. Dollar Double Top? Precious Metals Sure Hope So!
When the U.S. Dollar is rallying and at full strength, it is a clear headwind for precious metals like gold and silver. But when King...
Is 11-Year Cycle Signaling Gold and Silver Miners Rally?
The price of gold is trading just off its all-time highs while the price of silver is lagging. Together, they haven't quite provided mining...
History Rhymes: 1974-1976 vs. 2022-2024?
How many of you have heard me say that commodities are inherently volatile? Clearly, from this chart you can see that after the oil rally...
Gold Miners ETF (GDX): Finding and Trading Potential Bottoms
In June we wrote about the bottom in oil and cannabis through USO and MSOS (ETFs) respectively. In July we wrote about the potential top...
U.S. Economic Data Insights: The GDP, PCE, ADP Waltz
Conference Board Economic Forecast: Looking into 2024, we expect the volatility that dominated the US economy over the pandemic period to diminish. In the second...
Silver Breakout Coming? Fibonacci Price Targets To Consider
Precious metals have been a bit boring of late due to some sideways trading. BUT that boredom may come to an abrupt end shortly! Today's chart...
Stock Market Trading Insights: We Rarely Miss a Beat!
Over the course of our writing the Daily, it has served as a reliable and remarkable guide for investors, traders, and investments. For example, looking...
U.S. Dollar Testing Important Support; Gold Bulls Watching!
The U.S. Dollar has been in a choppy rising trend higher since bottoming in 2007/2008. You can see that rising channel in today's long-term chart...
A Fresh Look at Precious Metals
We finished a very heavy week filled with all kinds of economic data: Fitch Downgrade Earnings-Amazon up Apple down Jobs Report-Wages rising Treasury Yields higher-at October 2022 highs Record...
Gold ETF (GLD): Watch Rising 40-Week Moving Average
Gold remains elevated but is having trouble getting traction with its recent rally attempt. With a crazy political environment, domestic inflation, and war abroad, one...