Fed Caves on Tightenings
At mid-December’s Federal Open Market Committee meeting, Fed officials began discussing quantitative tightening. Effectively selling previously-monetized bonds to unwind quantitative-easing money printing, this revelation from the minutes rattled markets in early January. But hawkish-jawboning talk is cheap, as the Fed’s last QT campaign proved. It was prematurely abandoned after stock markets threatened a bear. The…
Gold Stocks Surge Back
The gold miners’ stocks surged back this week, blasting higher out of early-year weakness. Those big-and-fast gains were fueled by gold’s own, which shot up without any news catalyst. Seeing battered gold stocks showing signs of life has piqued traders’ interest, starting to shift sector sentiment back towards bullish. These leveraged plays on gold have…
Gold weathers hawkish Fed
Gold looked on the ropes heading into this week’s major Fed decision. With the Federal Open Market Committee expected to double the pace of its quantitative-easing tapering and pencil in more rate hikes sooner, gold-futures speculators were on a hair-trigger. The FOMC indeed proved every bit as hawkish as feared, yet gold rallied! Successfully weathering…
Gold mining stocks’ futures ride
The gold miners’ stocks continue to vex contrarian traders, toying with herd psychology. They blasted higher to a key technical breakout in early November, building bullishness. But that was soon dashed on the rocks as they plunged into late November, fueling bearishness. While such schizophrenic action seems capricious, it is all driven by how gold-futures…
Silver investors remain undaunted
Silver has suffered a series of sharp selloffs since mid-June, serious collateral damage from gold-futures speculators’ fears of Fed tightening. Naturally silver bearishness has steadily mounted in recent months as this precious metal cascaded lower on balance. But interestingly this chronic silver weakness hasn’t seemed to faze investors. They’ve apparently largely held on to their…
US stocks fundamentals and analysis
The US stock markets continue to power ever higher to an endless series of new records. Leading the way are the big US stocks, with extraordinary gains fueled by the Fed’s radically-unprecedented money printing. The winding-down Q2’21 earnings season illuminates how these massive companies are faring fundamentally. While their results were spectacular, their valuations are…
Gold investors ignoring the Fed
Gold was just hammered lower after the latest FOMC decision. Heavy gold-futures selling erupted after a third of top Fed officials implied they saw a couple potential rate hikes way out into year-end 2023. While leveraged gold-futures speculators panicked, gold investors ignored these faint tidings of slight tightening way off in the distant future. Their…
Silver stocks: What investors need to know
The silver miners’ stocks have mostly been consolidating high since last summer. While they’ve enjoyed some sharp rallies, those have been within that sideways-grind trend. That lack of overall upside progress has left this tiny contrarian sector out of favor, with apathy reigning. But as their recently-reported Q1’21 operating and financial results revealed, silver stocks’…
Gold miner stocks fundamentals
The mid-tier gold miners’ stocks are in this sector’s sweet spot for upside potential. After a spectacular upleg out of last March’s stock panic, they have mostly been correcting since early August. That is doing its necessary work of rebalancing sentiment, paving the way for mid-tiers’ next bull upleg. These great miners are thriving fundamentally…
Are gold stocks heading for a bull-market?
Following a necessary correction, the gold miners’ stocks have spent much of recent months bottoming. This healthy basing process is rebalancing sentiment, preparing the way for this sector’s next bull-market upleg. That is looking to coincide with gold stocks’ spring rally, one of their strongest times of the year seasonally. That stiff tailwind blowing behind…
