gold trends

Peter Ginelli writes: Lately we have been seeing the term “stagflation” used in many headlines, by many respected analysts as well as the former and longest serving Federal Reserve Chairman Alan Greenspan in recent months . . . .

Gold has now recovered from being negative to close the day higher on three occasions in as many days since Friday . . . .

The CPM Group has prepared a report on the short and long term price of Gold . . . .

Gold remains one of the more "normal" trades this year - following seasonal patterns rather well. It has always been a case that gold tends to strengthen ahead of the Chinese Lunar New Year, and this year seems no different . . . .

Goldman Sachs raises their forecast for gold, from a report by analysts Michael Hinds and Jeffrey Currie . . . .

Expectations around which way the precious metals will be heading in 2018 have changed for the better, according to an informal survey conducted by nonprofit Professional Numismatists Guild (PNG) . . . .

Stocks have now opened the year up 6%.  Global interest rates are on the move, with the U.S. 2-year Treasury trading above 2% for the first time since 2008.  Oil is trading in the mid $60s.  And base metals are trading toward the highest levels of the young, two-year bull market in commodities . . . .

The yellow metal ended the year up a little more than 13% – its best year since 2010 – while gold stocks, as measured by the NYSE Arca Gold Miners Index, gained more than 11% . . . .

Gold prices should see a steady rise in 2018 as inflation picks up and competition from equity markets slows down, according to George Gero, managing director at RBC Wealth Management . . . .

The equity market may have robbed it of its sheen, but several factors may spur investments into gold and gold stocks . . . .