Silver

The Fed's change of tone offers a different outlook for precious metals: with the dollar weakening, fears of recession, lower rates and the threat of renewed inflation that a Fed pivot would generate, gold has every chance of resuming its upward trend as early as next year.

Gold's resistance, which prevented any monthly close above $1,995, was breached, closing at $2,035 on Thursday 30 November. Taking advantage of the gold rally, the silver price broke through the oblique resistance that has held it up since its 2011 high.

After falling into the mid-$1,800s this fall, the Gold price has taken off and is once again threatening its All Time High. With all eyes on Gold, Silver is quietly flying under the radar as it usually does prior to big advances.

The world is now witnessing the end of a currency and financial system which the Chinese already forecast in 1971 after Nixon closed the gold window. Again, remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.”History tells us th...

The hope of a "pivot" by the Fed curbed the appreciation of the dollar, which had just set an all-time record against the Japanese yen. The depreciation of the dollar is benefiting the gold price, which is once again approaching its $2,000 resistance level.

This week, I'd like to look at some big picture charts of gold and silver fractals. I'm dedicating this week's analysis especially to those who believe that technical analysis works only on smaller time frames to see if these charts might make you reconsider.

The reshaping of the world economy and the global order is in full swing. There are powerful factors, such as the shift in economic, demographic and military weight, that are driving the readjustment in the (geo)political arena. And this readjustment is also reflected in the change in gold flows.

The price of gold falls in London while it rises in China. The divergence reported in my last article continues this week. The Chinese gold and precious metals market seems to be following its own trajectory.

We first looked at Gold and Silver priced in World Currency Units (WCU) back in March, and it's time for an update to see how those charts have been tracking.

The Western world economy is now as close to being terminally ill as it has ever been and its population is continuously getting unhealthier.