Spot Gold Technical Analysis

Gold Is Heading to $1400 If Trade War Breaks Out

Gold Silver Reports (GSR) – Bullion could top $1,400 an ounce in 2018 as escalating trade tensions drive investors to havens and the threedecade bull market in bonds nears an end, said Rule, who’s due to speak at a conference in Hong Kong on Wednesday. Spot gold traded at $1,337.50 Tuesday after three straight quarters of gains, while exchangetraded fund-holdings are around the highest in half a decade.

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U.S. Sell-Off Hits Asia Stocks

Gold Silver Reports (GSR) – U.S. Sell-Off Hits Asia Stocks — Equities in Japan and South Korea declined, and Australia opened lower after a four-day long weekend. The S&P 500 Index closed below its average price for the past 200 days for the first time since June 2016 with fresh presidential criticism of Amazon.com and retaliatory tariffs from China rattling investors. The Cboe Volatility Index jumped 18 percent.                          

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Investors Pare Back $1 Trillion Bond Bet

Gold Silver Reports (GSR) – Across fixed income, credit funds stand out as suffering persistent outflows over the past three months, according to Societe Generale SA. That’s after money managers helped to swell assets fourfold to more than $1 trillion since 2010, according to the bank. The change in sentiment may be a turning point for a type of debt that became a must-have during an era of easy-money policies.

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Buffett Warns Investors

Buffett Warns Investors That Safe-Looking Bonds Can Be Risky

Gold Silver Reports – Buffett Warns Investors That Safe-Looking Bonds Can Be Risky — Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy.

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Investors Need Trump to Leave the Dollar Alone

Gold Silver Reports – Investors Need Trump to Leave the Dollar Alone — Donald Trump Jr. said recently that the only color his father sees is green. But dollar traders have seen mostly red since President Trump took office.

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