GREED AND FEAR The January 1987 edition of Military Review, a professional journal of the U.S. Army, noted: “Since the mind of the individual soldier has not changed and fear is the crucial factor in the outcome of all battles, tactics must be directed not just against...
Chris Ciovacco
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December 23, 2019
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Gold rally goes on, reaching almost $1,700 per ounce. What the heck is just happening in the precious metals market? Gold Rallies Above $1,680 Wow, what an escalation! On Thursday, we reported that gold jumped above $1,600. On Friday, its price surpassed $1,640 , ...
Arkadiusz Sieron
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February 24, 2020
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The ISM Manufacturing index fell 0.2 point to a reading of 48.1 in November. However, gold struggles to find momentum. What is going on exactly? U.S. Manufacturing Sector Slumps Further The Institute for Supply Management announced that its index of national factory a...
Arkadiusz Sieron
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December 4, 2019
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The recent economic reports show that the current coronavirus crisis will be bigger than the Great Recession. What does it imply for the gold market? US Economic Data Paints a Gloomy Picture This week was full of new reports about the US economy. And guess what, I don&C...
Arkadiusz Sieron
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April 22, 2020
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Recent positive news suggest the US economy spring revival. But what about gold? Will it blossom? Will the gold love trade take reins from gold as a safe haven play? Retail Sales Surge Last week, the government has released its latest report on the retail sector . The ...
Arkadiusz Sieron
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April 29, 2019
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The US unemployment rate dropped in April to 3.6 percent, a level not seen since December 1969. So, everything must be great. With the exception of the renewed worries about the U.S.-China trade deal. On Sunday, President Trump surprised the markets again. What did he write ex...
Arkadiusz Sieron
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May 6, 2019
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Chair Powell claims that subdued inflation is caused by transitory factors. Does the recent data confirms his views? And just how transitory is the new tariff rate on $200bn Chinese imports? Will we see a creep higher in inflation about to lift the gold prices? CPI Edges Up...
Arkadiusz Sieron
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May 14, 2019
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On Monday, the price of gold has briefly jumped above $1,300. For the next two days, the yellow metal has been holding near that important psychological level, although it failed to rally subsequently. Let’s take a look at the trigger(s) of the upward move. T...
Arkadiusz Sieron
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May 16, 2019
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The U.S. yield curve has inverted again, and it has done so to the widest level since 2007. How much of a reason to worry is that actually? A sky-is-falling moment lurking ahead? If so, what chance of saving us does gold have? Another Yield Curve Inversion Occurs It&Clo...
Arkadiusz Sieron
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June 11, 2019
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On Friday, it was announced that the U.S. added merely 75,000 jobs in May. Needless to say, a severe disappointment on the downside. The talk of an oncoming recession, and the interest rate cut speculations – were boosted. Is it justified? How close are we actually to the end ...
Arkadiusz Sieron
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June 12, 2019
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