So, if there's no inflation anywhere, why have gold prices rallied 11% in six months?
The market can still go higher, but the time has come for the slope of price discovery to normalize a bit.
We tend to be contrarians in the gold market, and we see a looming opportunity for the bears in the coming weeks.
China's central bank announced a bill swap mechanism late Thursday aimed at slowing down the nation's economic slowdown.
Consider buying these dirt cheap GLD puts.
The gold miner is a little stretched to the upside at the moment, but should present a buying opportunity on a modest pullback.
Let's see what's in store for TLT, WTIC and GLD early in the new year.
Risking below $22, traders could approach the long side of Kirkland Lake Gold look for gains to the upper $30s.
While AU looks extended, that does not mean we will get a dip to buy.
Precious metals could rally a lot more if the U.S. dollar weakens.