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Bitcoin Daily Chart Alert- New High Wed.; Parabolic Move Continues – Dec.6

Bitcoin-U.S. dollar on Wednesday morning has hit another record high.

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This Gold Miner’s Shares Jump Over 200% After Switching To Bitcoin

As bitcoin continues to break price records this week, one gold company’s shares soared over 200% on the news that it is shifting its focus to cryptocurrencies.

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Ignore 2018, Get Ready For A Gold Rally In 2019 – ABN Amro

Gold prices might not have a great year in 2018 as the U.S. dollar is looking to recover, said ABN Amro, forecasting a 2019 rally for the yellow metal.

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BAML Is Cautious On Gold and Silver As Real Rates Pick Up In 2018

(Kitco News) – Next year could be difficult for the precious metals markets as interest rates rise along with the global economy, according to analysts at Bank of America Merrill Lynch (BAML).

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Gold Prices Slump To 4-Mo. Low As Chart-Based Sellers Emboldened

Gold and silver prices ended the U.S. day session solidly lower Tuesday.

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Gold Prices At Four-Month Lows; Analysts See Room For More Pain

(Kitco News) – Gold prices have finally broken from their tightest trading range in more than a decade, and unfortunately for gold bulls, the break has been on the downside and now analysts see further downside in the near term.

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Kazak Company Slashing Output Of Uranium

A state-owned company in Kazakhstan is cutting output of uranium, which analysts say will dent global supply and lead to higher prices.

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Gold Sinks To 4-Month Low On Technical Selling In Futures Market

Gold prices are trading solidly down, near their daily lows and have hit a four-month low in late morning action Tuesday.

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Gold Prices Remain Near Session Lows Following Drop In ISM Non-Manufacturing Sector

(Kitco News) – Gold remains under pressure, near session lows as the U.S. service sector showed weak growth momentum last month, according to the latest data from the Institute of Supply Management (ISM).

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INTL FCStone: Gold To Stay Range-Bound Despite Softer Dollar

INTL FCStone looks for gold to remain range-bound this month even though the U.S. dollar may soften once Congress passes tax legislation and the Federal Reserve hikes interest rates again

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