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Precious Metals

Focusing on Gold… For Now (June 21, 2019)

What a week for gold! Surprisingly (or not), the yellow metal has been on a tear as we enter into the heart heat of the summer months, and things certainly got a whole lot more interesting shortly after the most recent Fed FOMC meeting took place.

At the close of this week, the spot price of gold is now trading [continue reading…]

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Gold -$1,400/oz (FINALLY)!

Being a contrarian isn’t easy at all… but these are the moment’s that you hope and pray for…

 

Gold just broke through $1,400/oz… FINALLY!!!

 

Hold above that level, and it’s game on…

 

BRIM NATION let’s go!!!

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Yup, we are certainly getting there with the spot price of gold currently trading at $1,390/oz… The first “real” test? $1,400/oz of course. Now, will gold be able to get there and take it out in one [continue reading…]

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Gold on the Verge of Breaking Out (June 19, 2019)

Gold is getting awfully close to knocking on the door of $1,400/oz. Today, after the Fed FOMC meeting, gold started it’s next leg up breaking through heavy resistance around ~$1,350/oz range… Surprisingly (or not), the yellow metal managed to rise up and above $1,380/oz (briefly), but has since lost some steam and is cooling off a bit…

We’ll see what tomorrow brings, but like I’ve been saying, anytime [continue reading…]

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Gold and Silver (June 14, 2019)

Gold and silver have been ranged bound for so long, precious metals have become a rather boring sector to follow in recent years… And even though the gold/silver ratio is skewed like crazy right now, my own personal belief is that [continue reading…]

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