According to the latest data from BofA, we have seen $1.3 billion in asset purchases by central banks every hour since March. Every hour, another $1.3 billion. That’s nearly a trillion a month. If you think that’s crazy, how about nearly 200 rate cuts around the world this year? That’s nearly one central bank rate […]
gold stocks
The Next Leg Higher in Gold (KGC, NEM, GOLHF, AUY)
Gold has been one of the best performing assets on the planet over the past year, fueled by relentless currency debasement, stimulus, and economic and geopolitical volatility. However, over the past month, the yellow metal has pulled back into an interesting zone defined by its long-term 200-day moving average, which has been a good trailing […]
How to Play the Gold Pullback (NGD, GOLHF, GOLD)
2020 has been a banner year for many markets. For most of the year, gold was the unchallenged big winner. But, in recent weeks, the yellow metal has experienced a sharp pullback bringing it back into an attractive zone that could provide a nice entry for investors seeking exposure ahead of an anticipated jump in […]
