Browsing: Gold

Trend Articles
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Let’s talk gold. The yellow metal is above its bullish trendline and in our opinion, it will not break below $1,263. Judging by the mining shares, this is a market that has fully corrected and reached seller exhaustion.

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Typical of any new bull market, the commodities are hated and investors who see a potential fortune to be made in front of them aren’t interested at all. Everyone wants to sell high, but it’s very difficult to get people to buy low. That is our advantage.

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Whether the cryptocurrencies or precious metals overthrow the currently ruling fiat currency, make no doubt that the current financial system is a dead man walking.

FMT News
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For a moment, I want you to forget everything you know about gold. Forget about the monetary history, government debts, bond bubble, pension fund crisis, unsustainable financial system, and even the recent news about Iran no longer trading dollars or Turkey demanding a gold-backed system.

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We are now days away from a major breakout to the upside for gold. Even though we see a violent move higher in the gold market, we are being ultra-conservative with our gold mining stock suggestion.

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