• 754 days Will The ECB Continue To Hike Rates?
  • 754 days Forbes: Aramco Remains Largest Company In The Middle East
  • 756 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,156 days Could Crypto Overtake Traditional Investment?
  • 1,161 days Americans Still Quitting Jobs At Record Pace
  • 1,163 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,166 days Is The Dollar Too Strong?
  • 1,166 days Big Tech Disappoints Investors on Earnings Calls
  • 1,167 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,169 days China Is Quietly Trying To Distance Itself From Russia
  • 1,169 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,173 days Crypto Investors Won Big In 2021
  • 1,173 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,174 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,176 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,177 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,180 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,181 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,181 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,183 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

Special Report: Gold's Mountainous Peak at Risk...Beneath $1600

GOLD'S AVALANCHE SIGNAL

Gold's mountainous peak remains at risk of an avalanche decline having triggered a confluence of overbought signals amidst the all-important psychological $2000 glass-ceiling. Moreover, the CME's 55% hike in margin requirements is likely to suffocate even the largest of gold-bugs and ultimately weaken any new long positions. This would explain Gold's current weakness, despite increased safe-haven flows after the Swiss National Bank's unprecedented intervention on the EURCHF rate and heightened worries on the EU debt crisis.

Special Report: Gold's Mountainous Peak at Risk...Beneath $1600

 

Read the Report

Back to homepage

Leave a comment

Leave a comment