Silver is preparing to catch up with Gold

For those of you unfamiliar with the gold/silver ratio it measures the relative strength of gold versus silver prices. It shows how many ounces of silver it takes to purchase one ounce of gold. To get this number, you divide the current gold price by the current silver price. When you have done this you […]

Gold rush or why Gold still has room to grow

Gold prices rose Monday, nearing a new 7½-year high with a recent rise in coronavirus cases lifting demand for the haven metal. Low interest rates make gold, which doesn’t pay a yield simply for holding it, more attractive for investors… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

Gold reported 1% growth on a daily basis and over 6% on a weekly basis

Gold reported its best closing since 2013, but over 6% is the growth for this week, which even outpaces that of February 2016 and October 2011 – two of the most distinctive weekly performances in recent commodity history. Gold rose 1% today, closing at $ 1,690. In the combination between the Treasury’s yield cap and […]

Have the banks and hedge funds knocked down oil prices?

It has been speculated that Wall Street strategists seeking to reduce their exposure to cheaper oil have increased sales. Within 19 days in January, oil fell by 20% from its recent peak. The fastest depreciation since 2016. Analysts blame the… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

Current position: Short GOLD after key level test and sentiment risk improvement

GOLD, weekly, our expectations: Technical comment: On a weekly basis, we have the conditions to open short positions in gold. The price is in the zone of strong resistance, 9th according to Sequential indicator, test of 61.8 Fibonacci and gold… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

Dr.Copper – Bottom formation or a temporary correction?

Fear of coronavirus is still weighing on markets. Let’s compare the decline of Asian Weighted Index and resources. Resource depletion is much faster and deeper. The actual damage to them is much higher than the shares. However, looking at the… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

Dr.Copper and the effects of coronavirus on the industrial metal

It is now time to reflect on what the markets are appreciating. Do they not appreciate too aggressively a sense of fear in the situation? In this case, there is reason to think of a deeper correction. They are more or less close to their old ones or to record new records as news of […]

JBC Energy: Very high’ chance of oil falling toward $40 if Iran sees regime change

Oil prices could plummet toward $40 per barrel if the Iranian regime collapses, according to the chairman of an energy research institute. Johannes Benigni, chairman of JBC Energy, made the comments amid continuing unrest in Iran. Demonstrations have continued for three days since, following the government’s announcement that its military was responsible for shooting down […]

China’s virus and weak oil demand drive “black gold” to 7-week low

Oil has reached a 7-week low after concerns over the deadly virus swarming in China, and that the situation will lead to lower demand for raw materials. In addition to the already lacking strong demand for oil. With the rise of the victims of the virus, the price of oil has fallen by more than […]