Gold - The market wants to see 2,000 USD Following the spectacular collapse of Silicon Valley Bank and the dramatic ongoing rescue of Credit Suisse, the financial crisis has returned with full force. Within 24 hours, investors had attempted to [...]
Has the sharp correction already been completed? Silver had been sharply rising until mid of December, before drifting into a sideways consolidation for more than six weeks. Finally, this ended with an abrupt and steep sell-off. But despite this pullback, many investors [...]
Gold - 2,000 US-Dollar, only a matter of time Gold so far has seen a very good start into the new year. Driven by an extremely tense geopolitical situation (Cold War 2.0) as well as a weaker US-Dollar and the [...]
Silver - Just before the next turning point Parallel to the overdue correction in the U.S. dollar and a strong recovery in the equity markets, precious metals rose significantly over the last five weeks. Starting from a triple bottom around [...]
Silver - Questionable relative strength The financial markets are firmly in the stranglehold of the bears. Obviously, precious metal prices can not escape this. While in midsummer a respectable sector-wide recovery succeeded, gold and silver prices came under severe pressure [...]
Gold - Summer rally starts with promising momentum Over the last four weeks, gold has kept pretty much to our forecast from July 8th. Initially, prices fell back to 1,681 USD, only to recover quickly and impulsively to 1,794 USD since July [...]
Silver - Summer doldrums with final sell-off, then summer rally Silver managed to gain 10% from its last low on May 13th at 20.46 USD as initially expected. Despite this recent recovery high at 22.52 USD, the situation remains tense [...]
Silver – First recovery, then second leg to stand on As suspected four weeks ago, silver prices continued to sell-off further amidst a panicked market environment. Despite record high inflation data, the strong U.S. dollar together with the collapsing stock [...]
The big boys are playing Yoyo In our last gold chartbook from March 19th, 2021, we assumed that gold had likely started its typical correction in spring. At the same time we figured, that the first leg down from US$2,070 [...]
Potential recovery to approx. US$2,000 Driven by the dramatic geopolitical escalation in Ukraine as well as the tough and unprecedented sanctions against Russia, which resulted in exploding oil and commodity prices, the gold market experienced a sharp spike followed by [...]
