Gold Stocks: Climbing A Very Steep Wall Of Worry

The reason these gold stocks are not moving higher is because we are climbing a very steep wall of worry. Because there is not a lot of conviction in the gold traders, they still do not get it. They still think that the interest rate hikes are bullish for the U.S. Dollar and bearish for gold. (Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))

Gold: The Correction Is Over

I think the correction in the price of gold is over but I do think there is some psychological resistance around this 1,300 level but we are going to blow through it and have a quick march up to 1,350. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

The U.S. Dollar Is Overvalued

I believe Donald Trump is correct. The U.S. Dollar is overvalued but he is wrong in his view of how the overpriced U.S. Dollar impacts the U.S. Economy. Because the dollar is overvalued we have an artificially high standard of living and when the dollar starts declining is going to take the American standard of living down with it!

Trump Rally, Recession

We are not getting the Obamacare repeal, we are not getting the comprehensive tax reform, I mean we are not getting anything and still the stock market has not surrounded any of the gains from the Trump rally that was based on the expectation of a bunch of things that will not happen. What is going to happen is a recession! (SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))

Trump Rally Was Based On Things That Aren't Materializing

We had this huge stock market rally based on repealing Obamacare, that did not happen, based on comprehensive tax reform and that did not happen either! (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Geopolitical Uncertainty Is Bullish For Gold

In uncertain times, investors and traders are drawn to the gold market. The precious metal proves it once again as the price of gold rose after the United States launched an attack on a Syrian airbase. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))