David

Gold and silver follow up & future predictions for 2020 & 2021 RESEARCH HIGHLIGHTS: Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025). The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+. Extended basing may continue for the next 2 to 4+ months. I have received many comments and questions related to our Gold…

Gold traders are buying the rumor, will they sell the fact? During this election year there has been a multitude of events which have created a climate of uncertainty. In the short-term market participants are awaiting tomorrow’s data when the U.S. Labor Department releases the jobs report for the month of August. Economists are currently forecasting that the nonfarm payroll numbers will indicate an increase of 875,000 new jobs being created last month. They are also forecasting that the unemployment…

Presidential debate was more like a mixed martial arts title fight While there were brief moments in which either former vice President Biden or President Trump actually spoke about the real issues, in almost every case the candidate answering the question was rudely interrupted by his opponent. In the case of last night’s debate, the interruptions were not equally distributed by both candidates, with President Trump continually speaking over former vice President Bidens attempt to answer the question posed to…

All markets, even gold, are about to crash says investor in all cash Markets will see a major correction soon, most likely before the presidential election, said Clem Chambers of InvestorsHub, who has allocated all his holdings into cash. “I got a warning from the market about ten days ago…so I cleared the decks because I think it’s highly likely, not absolutely certain, but too likely to be in the markets that we’re going to be in for a crash,”…

Stocks, gold price bounce back; buy or sell now? Gary Wagner answers Gold rallied more than 1% on Monday, bouncing back from last week's declines. Equities markets are also seeing gains. Gary Wagner, editor of TheGoldForecast.com, said that he prefers to buy into strength. "Gold is up $18 [an ounce]. The most important takeaway for me is not so much the current high, but the intraday low that it hit in trading earlier this morning when it touched down the…

Gold price to end the year at $2,000 – Capital Economics In a report published last week, commodity analysts at Capital Economics said it expects gold prices to end the year higher after raising its year-end target. Samuel Burman, assistant commodities economist at the U.K.-based research firm, said in the report that they now see gold prices end the year at $2,000 an ounce and they see prices ending 2021 at $2,100 an ounce. The new year-end target is up…

Gold and silver have worst weeks since March on rising dollar Gold and silver posted their biggest weekly losses since March, when the global onset of the coronavirus pandemic panicked markets. Increase ad revenue 50-250% with Ezoic The dollar gained as concern over the outlook for global economic growth bolstered the appeal of the currency as a haven, sapping demand for gold. Fears are mounting that rising coronavirus cases, particularly in Europe, may lead to more national lockdowns, denting the…

Gold price outlook from third largest miner in the world, Polyus Despite the recent slowdown in gold jewelry demand and tapering of central bank buying, the price of gold is not expected to see major changes and substantial volatility in the medium term, said Pavel Grachev, CEO of Polyus, the third largest gold miner in the world, based in Russia. “We still believe the factors that generated the gold rally so far continue to persist and we do not expect…