Diamond News Archives
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We recently posted Part 1 of Wealthion's interview with highly-respected fund manager John Hussman. In it, he explained why he calculates we’re in the largest asset price bubble in modern history and that a disappointing decade lies ahead for investors who don't prepare accordingly. OK, so where does it make sense to invest looking forward?
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- Category: News Archives
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Damien Courvalin, Goldman Sachs Head of Energy Research joined “Bloomberg Markets: European Close” with Alix Steel and Guy Johnson, discussing the state of the metals market. Courvalin believes gold is on the road to $2,000.
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Gold futures finished with a gain on Friday, stretching their winning streak into a seventh consecutive session, with prices scoring the biggest weekly percentage gain since May.
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- Category: News Archives
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The 2 PM GMT (9AM EST) score of 6.79 reveals continued Bullish sentiment. Significantly, the 80 Hour Moving Average of the Hanke-Cofnas Gold Sentiment Score has moved into stronger Bullish territory with a reading of 3.98 showing stronger longer term Bullish sentiment.
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- Category: News Archives
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Gold and silver are the best defensive commodities to own when goods and services start to become more dear. The yellow metal is the ultimate store of value, proven to have held its worth over time, unlike fiat currencies which are subject to inflationary pressures and over the years, lose their value.
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