Gold's downtrend duly dissed? stocks’ 10 crash catalysts

As worried as we are over the wildly overvalued stock market — our 10 crash catalysts itemized herein — let's start with Gold as 'tis our mold. And from this week's title we behold Gold's downtrend for the present has instead gone on hold. Thus to the yellow metal's weekly bars and parabolic trends we straightway go:

Too, in this current "Nuthin' but Fed" trading environment this past week brought significantly disparate Payrolls' reports for the month of June.

Next as promised from the"Worry Warts Dept." comes our assessment of the state of stocks as measured by our preferred gauge: the S&P 500. As egregiously overvalued as 'tis — our honestly calculated"live" price/earnings ratio having settled the week yesterday at 55.7x — the market is never wrong: the herd has put price precisely where 'tis ; it cannot be "willed" to somewhere else.

Be that as it may, the broader fundamental picture certainly is scarier. Just as we have our Investors' Roundtable back in whatever's left of SanFran, here in MC we've expanded by respectfully meeting with some very well-established, hardened investors: and the bearishness is rife.

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kitco daily macro-economic/business digest - July 10
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Elevation Gold produces 6,788 oz of gold in Q2, reaffirms 2023 guidanceA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Gold SWOT: Gold climbed higher after weaker-than-expected jobs data was releasedCommentaries from industry expert Frank Holmes focusing on gold price movements, what's moving markets and what to expect in the metals sector. This includes his weekly Gold SWOT analysis, which is also featured in his own Kitco News show Gold Game Film
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Kitco daily macro-economic/business digest - July 11
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

New Gold increases gold equivalent production by 45% in second quarterA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Lithium and gold were the only positively performing commodities in H1Commentaries from industry expert Frank Holmes focusing on gold price movements, what's moving markets and what to expect in the metals sector. This includes his weekly Gold SWOT analysis, which is also featured in his own Kitco News show Gold Game Film
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »