Royal Canadian Mint temporarily suspends operations for Covid19
Royal Canadian Mint is temporarily suspending operations because of Corona virus. Expect premiums to go up again.
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2020-03-24
Gold Futures trying to break major resistance at 200 day moving average
Gold Futures trying to break resistance at 200 day moving average. Gold miners sitting on support at downtrend line Let's see where this goes...
2020-03-24
Japan in 1945
In the event the governments go into overdrive printing money (they have) and supply chains shut down (they are) and inflation goes crazy... (too much money chasing too few goods).…
2020-03-22
High Debt + Deadly Virus + Bank Stocks
Pop Quiz: What happens to banks when customers have High Debt + Deadly Virus XLF is the index of the banking sector in the US PS. How many of…
2020-03-21
Where is the Peak?
Global Macro Investor has released the Covid19 update for 19 March 2020. The big question everyone is asking: Where is the peak? Because once we pass the peak infection rate,…
2020-03-20
Gold miners and gold price go in opposite directions
Gold miners and gold price have now gone in opposite directions. In intraday trading today, gold is down but gold miners up. This might be when people ask... do gold miners…
2020-03-20
The USD is melting up. This might be it’s last stand
The rocketing US dollar is creating a currency crisis. The USD is rocketing because so much of the world's debt and trade is denominated in USD and this drives demand…
2020-03-20
The Gold price in USD is falling. In other currencies it is soaring
How is your currency doing? Global currencies are plunging against the USD. The Aussie dollar is down 16% but Aussie gold is up 8%. Even though gold price is falling…
2020-03-19
Gold price is diving but Gold options premiums are flying
Gold price is diving but Gold options premiums are flying. GLD is down 12% but the call options are up 300%. The soaring volatility (refer ATR on GLD chart) contributes…
2020-03-19
Gold Futures are down but gold miners and gold ETF are rebounding
Gold futures are down but gold miners and gold ETF are rebounding. Could it be that traders are paying more attention to the physical gold demand and shortages? Gold has retested…
2020-03-18
