Divergence in Precious Metals

August 31, 2015

The price of gold has been very strong against other precious metals as well as other commodities in general. Last week the price of gold rallied above resistance on Monday and almost hit $1170 only to fall back and close the week at the $1130-$1135 pivot point. In my latest article for Seeking Alpha I explain why the upside is limited to around $65 or so while there could be $250 in downside. All asset prices fall in a deflationary environment and gold is a commodity and an asset.

Article: Divergence in Precious Metals

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s