Jon Nadler
Jon Nadler
famous markets metals necessary performance precious repeat
The precious metals markets have all the ingredients necessary to repeat the performance they were once famous for.
aside coming community corners economic globe investment items looking news smile
Aside from the amalgam of worrisome news items coming from many corners of the globe ... the investment community is also looking with apprehension at economic news and has nothing to smile about.
arena desirable dollars investors metals precious retail returned
Diversifying away from dollars has become desirable -- retail investors returned to the precious metals arena in droves this week.
attributes gold last news nigerian oil sabotage since weaker
Buoyed by the Nigerian oil sabotage news and a weaker U.S. dollar, gold has reasserted its safe-haven attributes since last Friday.
ignore nations
When you ignore the U.N., you ignore all the nations of the world at once. This, as we have learned, is suicidal.
bailing evidence footprints funds gold impact millions opposite overnight saw tiny yesterday
We saw little evidence yesterday that the Godzilla-size footprints of funds bailing out of gold was present. We did see evidence overnight that millions of tiny (individual-investor) footprints make for an equal-size impact on gold -- in the opposite direction.
appears couple digest economic higher lower market realities remains room trading visits
While there still remains some room for a couple of visits on the lower end of the trading range, the market appears to digest geopolitical and economic realities with the same, predictable outcome: higher prices.
expect higher trading volatility
Expect volatility to go higher and trading ranges to expand.
either gold hikes increases market meaningful move rate sequence sharp
It will take either a sharp sequence of rate increases ... or a significant reversal of rate hikes ... to move the gold market in a meaningful way at this point.
buy rumor sell
They did buy the rumor and sell (or not buy further) on the fact.
assertion critical difference fed funds gold percent quarter rate stand
We stand by the assertion that a quarter percent better fed funds rate will NOT make the critical difference to medium-term and/or long-term gold investors.
almost correction definitely dip last repeating
We were definitely overdue for a correction and we are almost repeating last week's dip pattern.
apparent diversion dollar gold last pattern profits repeat run sinking traders visible watching
Traders were watching a sinking dollar and the apparent diversion of petro-dollar profits into bullion (a repeat of the pattern that was last visible in the gold run of 1980).
ahead decision district pushing share
Unfortunately, the district doesn't share that interpretation. They're pushing ahead with a decision right now.