GLD
Stock Market Today: Banks New Low
May 4, 2023, 1:01 pm EDT Banks New Low After Fed Chairman Jerome Powell’s statement yesterday, banks tanked again. Technically, money center banks (C, BAC, WFC) were near their low points about a mont...
Weekend Thought: Gold and Silver For Uncertainty Time
March 18, 2023, 1:15 pm EDT Gold and Silver For Uncertainty Time Gold and silver metals stood out in the crowd in the stock market when unknown fear arrived. It is easy to spot this momentum when you ...
Commodity: Traditional Inflation Weapon – Gold
December 1, 2022, 11:22 am EST Traditional Inflation Weapon – Gold People rushed into virtual currency during the cryptocurrency era and forgot the precious metal. But after the bankruptcy of FT...
Commodity Market: Dollar and Commodity
November 14, 2022, 10:49 am EST Dollar and Commodity The US dollar and commodities have a relationship of inverse correlation. It means that they go in opposite directions in general. The reason is th...
Strategy: Waiting for the Opportunity: Gold Miners (GDX)
June 12, 2022, 11:50 am EDT Waiting for the Opportunity: Gold Miners (GDX) While inflation is at a 40-year high, the stock markets and virtual markets (cryptocurrency) keep digging for the new lows, i...
Stock Market Today: Dollar Weak and Gold Strong
May 25, 2021, 7:06 pm EDT Dollar Weak and Gold Strong Gold price (ETF: GLD) is up about +13% in the past two months as a result of the weak US dollar. Precious metal including both gold and silver sho...
Golden Nugget Breakout
July 21, 2020, 1:39 pm EDT Golden Nugget Breakout Gold price (GLD) and gold miners (GDX) are both rally into about 10-year highs with strong upside momentum since the stock market bottomed on March 17...
Gold Miners Shine Again
04/09 Both gold price (GLD) +2.54% and gold miners (GDX) are coming out strong today. Since both are near record high and above all moving average lines (20,50,200), it is worth of attention for futur...