LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold Market Update - Precious Metals sector investors feeling despondent
By: Clive Maund

GoldSeek Radio Nugget: Gerald Celente & Louis Navellier
By: Chris Waltzek, GoldSeek Radio

Not Just a Trade War, But a Shooting War With China
By: Doug Casey

Precious Metals Update Video: Gold needs to hold $1,266 area (monthly chart trend)
By: Ira Epstein

Are You Being Tossed Around By The China News?
By: Avi Gilburt

Far Bigger Concerns Than Game of Thrones
By: Rick Ackerman, Rick's Picks

COT Gold, Silver and US Dollar Index Report - May 17, 2019

Gold Miners’ Q1’19 Fundamentals
By: Adam Hamilton, CPA, Zeal Research

Three safe-haven reasons to own gold
By: Richard (Rick) Mills, Ahead of the herd

Trump’s China Blunder
By: Peter Schiff, President and CEO Euro Pacific Capital


GoldSeek Web

Asian Metals Market Update: September-25-2017

By: Chintan Karnani, Insignia Consultants

 -- Published: Monday, 25 September 2017 | Print  | Disqus 

Fundamentally the US economy is strong enough to withstand an interest rate hike. Central banks stance of various economic matters like interest rates also tell us their currency stance. Currency market moves in the third quarter will be the key to precious metals and base metals. The third quarter of the year favored US dollar bears. If fundamentals dictate currency markets in the final quarter, the final quarter should belong to US dollar bulls.


German election results are the key for euro. Fundamentally only Germany is on a strong footing in the Eurozone. Germany and France are the only nations which gained by the creation of the Eurozone. The rest of the Eurozone nations have lost their economic potential and sovereignty by being in the Eurozone. The UK will stand to gain in the long term by being out of the Eurozone. Job creation will be more in the UK if it is out of the Eurozone. However there can be job sector churning in the UK if they are able to move out of the Eurozone. The people of Italy, Spain, Greece and most of the small Eurozone member nations want their leaders to leave the Eurozone and be independent. The political change is happening in every election as more and more so called right wing parties get greater representation in the parliament. The changes in the Eurozone political system will benefit gold in the long term.


Trump’s travel ban to Venezuela is insane. A first step towards capturing the massive oil reserves and mineral reserves which Venezuela has. There is no country after Venezuela on earth for the USA to attack. Asia has been converted to a landmine. A war in the South China sea with China will turn American forces into ashes any time. Black Africa is already under the control of the whites. Eastern Europe and most of the South American nations have bowed to the USA. The next media battle by America will be that of aliens coming to the nation. In the garb of protecting the earth from aliens American politicians will rule the world. The Hollywood block buster film “Independence day” will have a real life role reversal. Gold, rare earth, uranium, and other metals will be the biggest winners. Fresh water will be real gold and not the physical gold. The hyper rich should invest in land, real fresh water sources and also develop that land to ensure that fresh water does not get polluted.


COMEX GOLD DECEMBER 2017 – current price $1295.80

Bullish over $1298.90 with $1307.60 and $1313.90 as price target

Bearish below $1292.00 with $1284.90 and $1277.20 as price target.

Neutral Zone between: $1292.00-$1298.90

  • Key support is at $1289.70. There will be a sell off below $1289.70 to $1281.10 and $1264.60.
  • The price region between $1289.70 and $1298.90 is a bearish zone. But still chances of pullback rallies as long this price zone holds.

NYMEX CRUDE OIL (1ST CONTRACT)  - current price $50.35

Bullish over $49.80 with 51.40 and $53.20 as price target

Bearish below $49.20 with $48.40 and $47.60 as price target

  • There will be another wave of rise if crude oil manages to trade over $50.80 to $53.20 and $55.00.
  • Sellers will be there only below $49.80.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared by Chintan Karnani

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

Trade without emotions

"Print this report only if absolutely necessary. Save Paper. Save Trees."


Follow us on Twitter @insigniaconsul1

UK session starts around 1:00 pm Indian Standard Time (+5:30 GMT) -- after the release of LME daily inventories

US session starts at 6pm pm Indian Standard Time (+5:30 GMT)




Customer care/Whatsapp/Telegram: 9311139549

You can also mail your queries at ‘s

Chat Id: (gtalk), (yahoo)

              (10:30 am to 5:30 pm Indian time, Monday to Friday)


| Digg This Article
 -- Published: Monday, 25 September 2017 | E-Mail  | Print  | Source:

comments powered by Disqus
1080-81, Ugger Sen Street,”Somani Bhawan”
Sita Ram Bazar, New Delhi-110006. India.
Ph: [O] 91-11-30919880 [M] 09811139549


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.