- Search Metals Mine
- swagtrading commented Jul 15, 2019
largely agree here. However as always there will be flow and ebbs and currently we are in one such ebb.
New Multi-year Gold Rally Has Emerged
- swagtrading commented Jul 15, 2019
Going back to Gold standard?? Never going to happen. Nothing to worry about!
Going Back To The Gold Standard 'Could Crush U.S. Economy' — Wells Fargo
- swagtrading replied Jul 15, 2019
Seeing Nickel chart, I see it has had an important breakout above its prior relative highs and now the dow theory buy signal of higher-highs and higher lows can be seen. Higher prices await. image
Metals Mash Up
- swagtrading replied Jul 15, 2019
Right now I see Gold headed higher towards $1425 in the short term. Gold hit a low on 1st of this month and has not broken below that so far and perhaps the lows for this month have already been seen.
Gold RIGHT NOW
- swagtrading commented Jul 11, 2019
It indeed is headed towards fresh all time high. A trend in motion stays in motion and for now while above $1537, trend on all time frames is bullish.
Palladium Price May be on Course for a Fresh All Time High
- swagtrading commented Jul 11, 2019
Hmm....As gold/Silver ratio keeps increasing (now at 93.xx) this news is good for those who are betting that the ratio will go down.
A whale is accumulating silver futures
- swagtrading commented Jul 11, 2019
Quiet justified! Import duty of 12.5% is huge! Govt just trying to make money because people have no choice other than to buy gold when needed, like for marriages.
Gold Traders Express Deep Concerns Over Escalated Import Duty
- swagtrading commented Jul 11, 2019
This is a surprise. Generally central bankers are liking Gold, but Uzbek's are liking Treasuries.
Central Banker With Too Much Gold Wants Treasuries Instead
- swagtrading commented Jul 11, 2019
Dovish fed -> Higher gold! Simple!
Gold Prices Eye 2019 High Following Dovish Fed Testimony
- swagtrading commented Jul 11, 2019
Agree. Incredible that India has a 12.5% import duty on Gold.
Gold Smuggling to India & Japan is a Symptom of Governments’ War against Gold
- swagtrading commented Jul 9, 2019
No surprise and most purchases are from the two famous culprits: Russia and China!
Central bank gold purchases up 73% so far this year, says WGC
- swagtrading commented Jul 9, 2019
Wow beautiful animation. And I bet China is not exporting any of the gold it produces. Infact I would not be surprised if it still imports some more of the Yellow shiny metal.
Animation: Top 20 gold producing countries
- swagtrading commented Jul 9, 2019
Exactly! well said. Why does a man need bangles?
Millions In Jewelry, Golden Iphone Seized From Corrupt Nigerian Ex-Oil Minister
- swagtrading commented Jul 9, 2019
I agree with TD. This is currently a consolidation after the leg up and another leg up is due after a while.
Gold's Next Massive Rally Will See The Metal Head Towards $1,500, Says TD Securities
- swagtrading commented Jul 8, 2019
Good move I think. Why should Poland (and other countries) store their Gold at the Bank of England and not locally? Makes no sense.
Poland joins Hungary with Huge Gold Purchase and Repatriation
- swagtrading commented Jul 8, 2019
Chinese copper consumption down however the price needs to move out of 2.60 and 2.75 range for a big swing trade. Currently its headed towards lower end of the range.
Falling demand from home appliances, cars slows operation across copper rods processors in Jun