A sudden urge has come to address an overwhelming list of critical gritty questions.
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.
A sudden urge has come to address an overwhelming list of critical gritty questions. They crop up with clients, colleagues, and friends.
There is strong empirical evidence of a direct relationship between long-term price inflation and money-supply growth.
A prominent feature of the stock market recovery since 2009 has been the declining trading volume trend. NYSE trading volume has visibly diminished over the last four years after reaching a climax
Gold dipped below $1,600 last week, falling to a six-month low, much to the chagrin of gold investors.
The Dow Jones ended the week with a small gain, but this is no big deal as it did so because the Federal Reserve made sure it did. Here is an article which quotes the President of the Dal
There is now such an overwhelming array of technical evidence that the Precious Metals sector is forming a major bottom, that by the end of reading this update you will, or should unless you are stupid, unde
We had a very weak week in the precious metals and later on, the general markets and many stocks also broke down.
Gold got crushed this week in what can only be described as a capitulation. Cascading selling took on a life of its own as the yellow metal knifed through multiple key support lines. Newsflow exacerbated
Gold and silver along with their related miners have been under a lot of selling pressure the last few months.
What is going on with the Dow Jones? See in the BEV chart below how currently the Dow Jones has yet to rise up to the red line for a new all-time high. It’s been 1,350 trading days since the Octo
A curious thing happened last week. The prices of both monetary metals have been falling for a week and a half through February 15. No, that’s not the curious part. There is no law of nature that says t
The financial markets have begun 2013 in remarkably similar fashion to how they began 2010, 2011 and 2012.
We haven’t looked at the US Dollar in a while so let’s see what it’s been up to in the last month or so.
If this is the best that the Precious Metals sector can do when the broad market is rising, as it has been, then what is likely to happen when the broad market drops?
The ‘race to debase’ is on and the majority of nations are now involved in competitive currency devaluations. For instance, in addition to America, Euro zone and Switzerland, even Japan has now affirmed th
We had a very quiet week all in all in terms of the markets and most stocks with some moving well but many failing their moves higher.
UNSOUND MONEY: Master thread of Economic and Societal destruction
Gold has suffered a tough slog lately, unable to advance despite central banks aggressively inflating their money supplies all over the world. Seeing gold stuck in the mire despite very bullish fundamental
CHINA SUFFERS A DIRE NEED TO DIVERSITY ITS FOREIGN RESERVES
Many investors are wondering what has been behind the relentless rally in stock prices. Look no further than corporate profits.
The morning ‘news’ rarely fails to disappoint when it comes to churning out Machiavellian double-talk which is more convoluted than your average pretzel. Today was no exception.
Summary And Conclusion
All in all it was another kind of strange week with some weak breakouts occurring Friday but I don’t trust them. The volume and action/conviction just isn’t there to push markets higher right now from what