Resilience in gold... higher levels foretold?
(Kitco commentary) - This past Wednesday whilst many a StateSider were preoccupied toward getting from home base to grandma's place, or worse, under the stress and duress of hosting Thanksgiving in full finesse, one might have missed Gold instantly regress
Recession over and gold falls lower
(Kitco commentary) - Given so much going on within the monetary/financial chaos out there, (and it being -- save for one trading day -- our graphically-rich, month-end edition of The Gold Update).
Gold resumes its slide amidst stocks' wild ride
(Kitco commentary) - In settling out the week yesterday (Friday) at 1650, Gold recorded its lowest weekly close of the past four.
Gold Gets a Bit of a Grip; The S&P Looks Lower to Slip
(Kitco commentary) - Gold garnered a +2.0% net gain for the week in scrabbling back over 1700 to settle yesterday (Friday) at 1702.
Gold further screwed in 2022
(Kitco commentary) - In leading directly to Gold's weekly bars, we begin with this timely quip: "It don't do for a man to tempt providence too often." --[John Kitzmiller as Quarrel, "Dr. No", Eon Productions 1962]...
Gold and silver stemming their downtrend
(Kitco commentary) - Mme. Lagarde & Co. just kicked the Buck in its butt, in turn giving Gold a bit of a bid, but -- as Mark Twain might have penned -- "'Twarn't really much".
Gold's sleep becomes further deep
(Kitco commentary) - As goes Gold's woes, again Bill Shakespeare (significantly paraphrased) comes to mind, circa 1600
Gold repressed back below resistance
(Kitco commentary) - Admittedly, (or perhaps more protectively stated "arguably"), fueling Gold's price demise was our recklessly penning a week ago that "...if contract volume stays on a diet [which it has], near-term we can see price loss back to 1790 and [for Silver] sub-20 ..."
A major gold trend finally ascends
(Kitco commentary) - After 18 rather ingloriously agonizing weeks of Gold's "parabolic trend" being Short, it has at long last finally flipped to, well, Long. "A little drum-roll please, have a cigar, and nice to see you again sometime!"
Gold price accession into recession
(Kitco commentary) - First we start with our title's last word: "recession". If you do the math and/or are a regular reader of The Gold Update, you well-understand that the U.S. Gross Domestic Product ex-inflation just recorded its fourth consecutive quarter of shrinkage.
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