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Looming Currency War Drives Investors Once Again to Gold

As the United States continues to suffer from weak economic growth, talks are beginning to circulate about a looming currency war. In this article, we will look into how the US has responded to China’s undervalued currency, what other options it has, and how these will affect individual investors.

In Gold We Trust - The Fed Can’t Print It

It seems that gold will need to consolidate before going higher, but once it corrects, it's not out of question that the price will reach $1,500. We’re looking forward to several more years of the precious metals bull market, especially in silver. We compare previous breakouts in silver order to measure and estimate probable target levels for the near-term. We also examine how Phi, known as the golden number, helps us analyze the markets.

Do Huge Volumes for Gold Indicate More Upside or Is Caution Needed?

Gold seems relentless. It has moved above its previous high and it has done so on huge volume. But the RSI indicator points to caution. What do one do? Should we heed the old adage "When in doubt, stay out?" This week we look at two important developments in the long-term GLD SPDR chart and we compare the spikes in volume to similar spike that we saw this past May. What can we learn from that?

The Dollar’s Dominance: Is This the Beginning of the End?

Is the dollar losing its dominance in the global trade? In this article, we will look at the rising importance of the Chinese yuan in Asia and what this would mean for the US dollar.

USD Index Likely to Move Lower - What’s the Impact for Gold Prices?

Famous professor Nouriel Roubini says the dollar, the yen and Swiss franc may be better investments than gold if the world economy slips back into recession. Taking a long-term view we disagree. This week USD Index might be completing bearish head-and-shoulders formation and gold stocks failed to break above the rising resistance line, just like gold did. We analyze the Euro and USD Indices and clearly see that precious metals have been driven by euro weakness, a fact that speaks volumes about the influence of the European investors on world-wide prices of gold, silver, and other precious metals.