Gold has been in a holding pattern for over a month now. Prior to the small rally we've seen so far in November, Gold had fallen for 2 months after a nearly straight-up performance for 2017.
Articles by Bob Iaccino
Path Trading Partners
Bob Iaccino has spent the last 24 years in commodities, futures, FX, and equity options. He appears weekly on media outlets including CNBC, Bloomberg Television, CNN, and Fox News and has done over 900 interviews. He started with Nikko Securities as a phone clerk and went on to become Chief Market Strategist for Commerzbank Futures and for a proprietary trading firm in Chicago. In 2008, Bob began teaching his techniques to the public. Bob has taught over 7000 individuals and given seminars in many countries in the Americas and Middle East. In 2013, Bob Join Tethys Partners as Chief Markets Strategist. In 2015, Bob and his trading partner, Mike Arnold launched Path Trading Partners to continue teaching their trading strategies and launch an international proprietary trading group.
After a week of virtually no economic data, preceded by a week with a full of data we come to a week again filled with useful economic data.
By Bob Iaccino, November 13, 2017
This past weekend, Saudi Crown Prince Mohammed bin Salman who was put in charge of an anti-corruption task force by his father, King Salman bin Abdulaziz, had 11 princes, 4 ministers, and dozens of
By Bob Iaccino, November 10, 2017
Non-farm payrolls were released on Friday capping a very heavy data week with arguably the most important release for most markets.
By Bob Iaccino, November 05, 2017
Not to be confused with a balsamic reduction (1st food reference), QE reduction in the US, QE reduction and extension is the Eurozone, and rate hikes in the UK.
By Bob Iaccino, November 03, 2017
There are three kinds of news events that move markets; scheduled news, loosely scheduled news and "that was a complete surprise" news.
By Bob Iaccino, October 30, 2017
Maybe comparing Mario Draghi to Romeo in William Shakespeare's play Romeo and Juliet is taking hyperbole too far, but I submit to you, the reader: Equity markets love him even though he is not Jeff
By Bob Iaccino, October 27, 2017
Japanese Prime Minister Shinzo Abe took a gamble and came up aces, taking a play from Theresa May's failed playbook but with much different results.
By Bob Iaccino, October 23, 2017
The Bank of England (BOE) is set to tighten policy for the first time in over a 10 years. So their economy must be doing great right? Wrong.
By Bob Iaccino, October 20, 2017
Inflation is either coming back soon, or it’s not.
By Bob Iaccino, October 13, 2017
Inflation has turned up in the U.S, but not quite enough for everyone to agree that rate hikes are needed. The Fed, however, is convinced.
By Bob Iaccino, October 09, 2017
In the current climate, the dollar is the only fundamental factor one needs to look at when analyzing precious metals.
By Bob Iaccino, October 06, 2017