Analysts are Just Starting to Get Bullish on Gold Again

Don’t count out gold just yet.  At the moment, it may appear to be one of the most hated metals on the market, but it’s become aggressively oversold on a pullback from $1,950 to $1,676. Analysts appear to be getting bullish on the metal again, too. Blue Line Futures chief market strategist Phillip Streible as … Continue reading “Analysts are Just Starting to Get Bullish on Gold Again”

Gold Prices May Be Done Falling, Says DoubleLine CEO

While gold has been disappointing this year, don’t write it off just yet.  According to DoubleLine CEO Jeffrey Gundlach, as quoted by Kitco.com, “Gold has really underperformed other froth assets like bitcoin by incredible amounts, almost inconceivable amounts since that peak in gold above $2,000,” adding, “Gold is very likely to bounce because the selloff … Continue reading “Gold Prices May Be Done Falling, Says DoubleLine CEO”