Charts are not predictive in nature, rather they are instructive on how to best prepare and get an edge when deciding to enter into a position, [or exit one].
Gold Market Analysis
Technical analysis to forecast future price trends of gold and other precious metals, as well as the US Dollar and the Euro.
It’s easy to forget, especially in the excitement of the recent new market highs, that not only a cyclical bear market, but also a secular bear market began when the market topped out in 2000.
Gold cannot be printed or manufactured in contrast to the currency. That’s why over the long term it has kept its value as the ultimate currency.
Gold conspiracy theorists have a new bogeyman. Inventories of gold bars held in the COMEX warehouses are falling.
Successful investing requires buying low before later selling high. And stock prices are the lowest when they are the most deeply out of favor. That perfectly describes gold miners’ stocks these
The two most popular investments a few years ago have been dormant and out of the spot light.
Last week we introduced the theoretical â€˜taper to carryâ€™ scenario whereby the Federal Reserve would indeed â€˜have the ballsâ€™ to begin the end of traditional QE and transition the inflation via a new
Well, that’s two straight Tuesdays that U.S. stocks have fallen.
I told my subscribers back at the 2009 low that the longer the rally out of that low lasted, the more convincing it would become. At the time I made this statement, I did not truly understand how profound
The recent collapse in gold price hasn’t discouraged consumers across Asia, and in particular from China and India from buying yellow metal.
The saying, “Close, but no cigar!” could probably be used now, to describe gold & silver investors trying to call a turn in the market.
Now that the S&P 500 has crossed into new high territory (above the 2007 peak), is the U.S. index starting a new secular trend, as it did in the 1980s and 1990s?
We are very close to or at a major bottom in gold and silver now, regardless of the potential for another short term downleg. This is made plain by the charts we are going to look at in this update.
“In life we all have an unspeakable secret, and unreachable dream, an irreversible regret, and an unforgettable love.”
Markets provide an opportunity to grow one’s capital, and create a return on capital, in addition to a return of capital, its preservation being the benchmark to ensure it remains fully intact.
It never gets tiring to say how the market is the most reliable source of information in the form of developing market activity.
I took a bit of criticism after last weekend’s letter, especially on Monday with gold and silver rising. I was called arrogant and smug and worse and told to throw out the charts.
It has been a very long couple of years for the precious metal bugs.
The Percent Buy Index (PBI) shows the percentage of medium-term BUY signals for all the stocks in the S&P 500 Index, and the chart tells us if the index is medium-term overbought or oversold.
The U.S. Mint has resumed selling its 2013 American Eagle One-Tenth Ounce Gold Proof Coin at a hefty $195 per coin as of last week. The Mint has set a 20,000-coin production limit for the coin.
Futures speculators are extraordinarily bearish on gold today. Their short positions on it are extreme and unprecedented, the highest seen by far in gold’s entire dozen-year secular bull. They expect down
Silver's massive surge since late January has naturally made it wildly popular these days.
One of the simplest and best ways to ascertain gold's long-term trend is to look at its performance relative to commodities in general.
Over the past couple week’s investors and traders have been growing increasingly bearish for the US stock market.
In one of the most audacious hearings I have seen, Apple CEO Tim Cook, was summoned to Congress last week to explain why his company has not paid any corporate income tax to any national government on more