The Gold Enthusiast »
Gold Rises On Geopolitical Worries – Again
I really wanted to title this short article “Geopolitical Worries – SING ALONG!!!” …but just couldn’t wrangle any more words into it like gold, our theme for 2017, I told you so, etc. So
Read More »
Russian Economists Think Gold Is “Undervalued”
Another 200+ tonnes? Today’s featured article reveals why Russian central banks are expected to accumulate another 200+ tonnes of gold in 2017, despite relatively little buying in the first few months of the year.
Read More »
The 9-10 Strategy For NUGT
Your friendly Gold Enthusiast was chatting with a friend this week about a little pattern on the NUGT chart. Here’s the chart: You can see that over the last few weeks, NUGT has repeatedly
Read More »
Next up: Frexit!
Hot on the heels of Brexit is the French version, appropriately called – wait for it – Frexit! Can’t imagine what they’re gonna name Italy’s vote if that ever happens. For our purposes, the
Read More »
Chinese Gold Demand Remains Low
China imported just 47.9 tonnes of gold through Hong Kong in February. That’s more than most of us can afford, but it’s down from February last year by about 8%. So year-on-year gold imports
Read More »
Trumpcare Killed, Gold Shoots Up
Following the defeat of the Trumpcare health reform bill, gold went nowhere but up. Which is good for us! As your Gold Enthusiast noted on 3/23, watching the 118 and 116 prices in GLD
Read More »
Get Ready For The Investor Stampede Back Into Gold
The investor love affair with gold is just about to get a reboot. That’s according to Commerzbank analysts, who cited the precious metal’s revisit to the key $1,250-per-ounce level as one reason for renewed
Read More »
Gold vs Trump Healthcare
Today the Trump healthcare bill goes up for a vote in the US Congress. How does this affect gold prices, you might well ask? Who sits around and makes up all these relationships? Well,
Read More »
Falling Gold Supplies Helping Support Prices
When all the complexities, reasons, and relationships are stripped away, the fundamental basis of price is supply and demand. If there’s a lot of something around it tends to be cheap. If there’s not
Read More »
China Urged To Play Bigger Role In Setting Prices
“Industry players and analysts” are urging China to play a larger role in setting global commodity prices. The call is for China to open trading markets – futures in particular – to more private
Read More »
