Despite long market Gold powers ahead

  • Posted by Allan Lederman
  • On June 28, 2016
  • 0 Comments
Reports of historically overbought long conditions in  gold, the metal defies convention and has broken resistance and is attempting to power forward. Reports of a grand washout in gold have left many “pundits” confused. The underlying malaise in the world economic system is becoming harder to hide. Witness all the media jawboning about “Brexit” to […]
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We have crossed the Rubicon

  • Posted by Allan Lederman
  • On June 16, 2016
  • 0 Comments
Today’s breakout above 1307 signals that gold has further to go. Even printing unlimited amounts of money isn’t helping. This implies instability ahead. Watch for the real breakout in silver. PGM’s will probably remained subdued unless events spiral out of control in SA
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Marking time for the next leg up

  • Posted by Allan Lederman
  • On June 6, 2016
  • 0 Comments
Friday’s shocking NFP report has highlighted the Fed’s predicament & lack of options. The debt bomb keeps ticking and the only way to defuse it will be devaluation of some kind, either outright dollar devaluation a sharp rise in interest rates that will cripple the world economy. Gold and silver will be safe havens. The […]
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