Gold is performing great! So great, that even Bloomberg becomes positive. This is what the mainstream media outlet wrote on Friday: Gold headed for its biggest monthly gain in four years as falling equities bolstered demand for a haven asset during February. Indeed,...
Yes, indeed, you read that correctly: gold is trading at all-time highs. Maybe not (yet) in U.S. dollar terms, or in Euros, but certainly in many other currencies. For many currencies, especially in weaker countries, gold has exploded to all-time highs in 2015 and...
Copper has lost more than 50% since its peak in 2011. As expected, copper miners have collapsed in such an environment. In this article, we focus on the largest copper miner, i.e. Freeport-McMoRan (symbol FCX), and try to understand whether it should be avoided or has...
Gold is on the move. It has broken through its 200 day moving average at $1,130 USD/oz earlier this week, and keeps on moving higher. For now, there is fresh energy in the gold market; pessimis made place for momentum. There is still some upside potential until $1,200...
Gold is moving higher after the latest U.S. Fed announcement. Investors were not very happy with Mrs. Yellen’s speech, which is understandable. When we review where the gold market stands, we basically see a fight between bullish and bearish forces. Let us...