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Gold Above $2,000 For The Week

27 Oct 2023 2 minute read 0 comments SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! Gold jumped more than $20 per ounce this afternoon after news related to Israel / Gaza filtered through. The yellow metal has been steadily climbing since the Hamas incursion into Israel. U...

My Thoughts on Current Markets-26

27 Oct 2023 2 minute read 1 comment Perfectionist25

Euro - Dollar parity is at 1.0548 level. Since my expectation for the Euro-dollar parity is still upward, I think the declines are a buying opportunity. An ounce of gold is at the 1982 dollar level. An ounce of gold has persistently targeted $2000. I...

My Thoughts on Current Markets-25

25 Oct 2023 2 minute read 0 comments Perfectionist25

Euro - Dollar parity is at 1.0591 level. We have seen a pullback here. My target was an increase up to 1.07 level. It decreased from 1,680 levels. We saw a one point drop to 1.0565. It is at 1.0590 level again. Again, I will continue to follow the 1....

My Thoughts on Current Markets-24

23 Oct 2023 2 minute read 0 comments Perfectionist25

Euro Dollar parity has a positive outlook at 1 0585 level. I will follow the resistance at 1.650 - 1750. If I had dollars in my hand, I wouldn't be too late to buy euros today. Especially if the investor who is preparing for 2024 asks whether he shou...

My Thoughts on Current Markets-22

21 Oct 2023 2 minute read 0 comments Perfectionist25

Euro - Dollar parity was at 1.0592 yesterday. I will follow the 1.0650 resistance. There is resistance at 1.0720 above. I will follow these places. We saw a significant increase in ounce gold this week. I have often stated that the band gap we will f...

Bitcoin Flirts With $30K... Again

20 Oct 2023 2 minute read 0 comments SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! In the last 24 hours, the Bitcoin price has jumped over $1,000 from a low of $28,526 to $29,541 at time of writing.  At one point, it had gained some $1,500. Between 6 and 8 am this morning...

My Thoughts on Current Markets-21

19 Oct 2023 2 minute read 0 comments Perfectionist25

Euro - Dollar parity was at 1.0538 yesterday. Inflation figures from Europe were announced yesterday. Although the inflation rate decreased below expectations, we did not see an attack in the euro-dollar parity. This offers a good opportunity to thos...

My Thoughts on Current Markets-20

17 Oct 2023 3 minute read 0 comments Perfectionist25

Hello, we started a new week. We are keeping our eyes and ears on the news flows coming from the Middle East. We continue to closely follow the statements and developments on the foreign diplomacy side compared to the slightly calmer week. There are...

Gold Skyrockets Back Above $1,900

13 Oct 2023 1 minute read 1 comment SweptOverNiagara

Thanks for dropping by. Please subscribe if you haven't yet! I don't think I need to explain why gold is suddenly rising this morning. Gold has shot up about $30 per ounce since about 4 o'clock this morning after steadily rising all week. Gold was sm...

My Thoughts on Current Markets-18

11 Oct 2023 3 minute read 0 comments Perfectionist25

  We are on the third day of the Palestine-Israeli War and there is serious tension and uncertainty in the markets. You should not open a short-term position. But how should investors behave in this environment? Which investment instruments would be...