Gold News Reviews 

Gold Daily Review October 20, 2017

Gold Daily Review for October 20, 2017 Goldman Sachs CEO is trolling Britain over Brexit Lloyd Blankfein took a shot at the U.K. on Thursday, singing the praises of Frankfurt in a tweet that underscores the economic impact of Brexit.   Gold Prices Snap Bearish Sequence Ahead of More Fed Rhetoric Gold prices may continue to recoup the losses from earlier this week as the precious metal snaps the recent series of lower highs & lows.   Goldman Sachs just signaled a terrifying turning point for Nike Citing a challenging…

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Crypto News 

Bitcoin is not the new gold, Goldman Sachs says

“Cryptocurrencies like bitcoin are not the “new gold,” Goldman Sachs said in a note, advising investors that precious metals “remain a relevant asset class” in portfolios” writes Arjun Kharpal for cnbc.com. In a note to clients earlier this week, Goldman detailed the benefits of holding gold in a portfolio.Goldman concluded that bitcoin is not a good store of value versus gold. “Gold wins out over cryptocurrencies in a majority of the key characteristics of money,” Goldman said.Many commentators have dubbed bitcoin “digital gold” because of the fact it has a…

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Gold News Reviews 

Gold Daily Review October 19, 2017

Gold Daily Review for October 19, 2017 Silver Prices Targeting Low-16s, Gold 1260-ish Precious metals reversed course rather sharply the past couple of days, bringing downside targets into focus as long as recent highs hold.   Technical Outlook for US Dollar, Cross-rates, Gold & More In this webinar, we discussed what looks to be a bottom forming in the US dollar, posturing of various cross-rates; a peek at commodities & indices. @PaulRob…   Earnings Strength On Goldman Sachs, Morgan Stanley Is Opportunity To Reduce Holdings Goldman Sachs and Morgan Stanley…

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Futures News 

Gold futures build on week’s losses as dollar gains, inflation risk in focus

“Gold futures on Wednesday deepened their retreat from the key $1,300 level, as a stronger U.S. dollar weighed on precious metals prices” writes Rachel Koning Beals for marketwatch.com. New York Fed President William Dudley and Dallas Fed President Rob Kaplan are due to take part in a panel discussion about economic growth, with the event taking place in New York City at 8 a.m.Gold futures on Tuesday suffered their steepest one-day percentage decline in nearly four weeks amid signs of rising inflation in the U.K. and its threat for higher…

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Gold News Reviews 

Gold Daily Review October 18, 2017

Gold Daily Review for October 18, 2017 Technical Analysis for Gold Price, US & UK Oil, DAX, S&P 500, and More In this webinar, we discussed the technical outlook for several major commodities and equity indices.   Here comes Goldman Sachs … Goldman Sachs will report third-quarter earnings results Tuesday at 7:30 a.m.   Technical Analysis for Gold, US & UK Oil, DAX, S&P 500, and More In this webinar, we discussed the technical outlook for several major commodities and equity indices. @PaulRobinsonFX   Goldman Sachs Q3 Results Top Estimates…

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Gold News Reviews 

Gold Daily Review October 17, 2017

Gold Daily Review for October 17, 2017 Global Warming Aids Gold Miners’ Pursuit Of Cold, Hard Cash In Northern Canada Global warming is helping to make some of the multimillion-ounce gold deposits once trapped under glaciers and permafrost in or near northern Canada into some of the most attractive mining M&A targets in North America.   Webinar: Price Action Analysis for DJIA, EUR/USD and Gold Prices Price chart analysis and Elliott Wave forecast for DJIA, EUR/USD, and Gold prices.   Gold Trades With Mixed Bias The combination of current sentiment…

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News 

What cosmic crash confirmed: Einstein was as good as gold

“Astronomers thought they came from two neutron stars colliding, and when they saw this crash they confirmed it” writes Seth Borenstein for seattletimes.com. Astronomers weren’t quite sure where short gamma ray bursts came from, but figured that a crash of neutron stars was a good bet.WASHINGTON (AP) — When two extremely dense neutron stars crashed together in a distant galaxy, astronomers struck scientific gold, confirming previously unproven theories, including some from Albert Einstein.Measurements of the light and other energy that the crash produced helped them answer some cosmic questions. Source: seattletimes.com…

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