The gold market should be in demand as a hard currency, but it simply has been pressured by the allocations from investors spreading into the Stock Indexes and many other products. The strength of the US Dollar puts pressure on the gold market while the tapering of the quantitative easing should increase the strength of… Read more.
Weekly Gold Digger
The June Gold is going through a short-term bearish cycle which is unusual with the monetary policies in place by the US, Bank of Japan and the European Central Bank. The Gold is stuck in a range still as it needs to penetrate $1620.00 to gain any traction. Traders and investors alike may be allocating… Read more.