Author: Chris

Fed Rate Hikes Unlikely Threat to Gold – XAU/USD Moves Off Monthly Low

March 17, 2022 - Despite yesterday’s 25 basis points rate hike announced by the US Federal Reserve, gold has regained its positive traction and risen above $1,940.  Fed Chair Powell has indicated that additional rate hikes are under consideration in the coming months and the consensus is for a total of seven rate hikes by year’s end. Contrary to the belief that an increase in interest[...]


March 2, 2022 - Following a powerful move through $1,900, gold eased a bit early Wednesday and is now trading around $1,930 per ounce.  Front-month silver futures advanced 4.8% Tuesday to $25.54 an ounce on Comex and is up 6.4% so far this week. Silver surged 8.8% in February after dropping 4.1% in January. It fell 12% in 2021. The big show in the precious metals complex is[...]

Russia Ukraine Tensions Put Strong Bid in for Commodities

February 22, 2022 - The escalating tension between Russia and Ukraine is roiling global markets across the board. Equity markets are pointing to this geopolitical situation as today's reason for stocks continuing their 2022 decline. Conversely, commodity markets are adding to their already robust gains this year, as Russia is one of the largest suppliers of commodities globally. The[...]

GOLD’S DECISIVE BREAKOUT – Silver, Platinum and Palladium Rally in Tandem

February 14, 2022 - Our February 3rd post pointed out that gold was in a consolidating wedge, and would need to breakout to either the upside or downside soon. To the delight of the gold bulls, the ultimate store of wealth has broken out decisively to the upside, as illustrated in the char below. Not to be left behind, the other metals which comprise the precious metals complex powered[...]

Gold Holds Above $1,800 – PMC Index Clocks Big Gains

February 3, 2022 - After a brief dip below $1,800 on the surprisingly positive January jobs report, Gold quickly rebounded and again climbed above $1,800 per ounce.  US nonfarm payrolls saw a gain of 467,000, which massively outperformed Wall Street’s estimate of 150,000. Following this shocking report, which reveals a very strong economy despite the effects of omicron, investors will[...]

Palladium and Platinum Rocket Higher on Crime Wave and Flight to Real Assets

January 19, 2022 – The surge in crime and its impact on all aspects of life is not limited to US cities alone.  The niche platinum and palladium mining industry is feeling the effects of this lawlessness in the critical market of South Africa.  The impact from this violence, along with increasing general operating costs, is likely a primary factor in today’s big move up in prices[...]

US Consumer Prices Soar At Fastest Rate Since 1982. Real Wages Tumble For 9th Straight Month.

January 12, 2022 - This morning's consumer price index printed at an astonishing 7.0% YoY rate. As an indicator of how persistent (not transitory) inflation is, 7 of the last 9 releases have come in above consensus. Today's 7% print is its highest since June 1982. Checking the Consumer Price Index, this is the 19th straight monthly rise in headline CPI. Core CPI also surged to its highest[...]

Neptune Global Holdings LLC Announces Launch of Neptune-GBX® Mobile App

Neptune-GBX releases its first mobile app to bring key precious metals and crypto pricing and market information to clients Wilmington, DE – Tuesday, January 11, 2022 – Neptune-GBX, operator of a dynamic trading platform and full-service precious metals dealer serving individual investors, the wealth management industry, broker dealers, and institutional investors is proud to announce the [...]

Gold and Precious Metals Rally on 2022’s Failure to Return to Normal

January 5, 2022 - Three days does not a trend make, but all four precious metals kicked-off the new year with healthy and welcome rallies.  The impetus for this positive action rests on gold’s safe haven status in times of uncertainty and the probable decline of the dollar due to sustained inflation, among other influences.  Economically and socially speaking, 2021 was a[...]

Santa Rally Visits Stocks, Precious Metals, and Cryptos

December 23, 2021 – Santa paid a visit to markets today, giving an across-the-board lift to most major markets.  Stocks, precious metals, oil, and Bitcoin were among the beneficiaries of this year end gift.  Of particular interest, gold breached resistance at $1,800 and Bitcoin has inched above $50,000. Helping to support this move up is a sense that the messages of fear regarding [...]

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