Before we get into anything heavy, let me inform you that the August 1st letter was sent out on time. Should any of you have not received it, please let me know and we will get it out to you post haste.
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.
The latest development in the gold world is highly favorable. Summarize by saying from the rooftops that GOLD LEADS THE CURRENCIES in price movement.
Another crazy week in commodities with precious metals and precious metal stocks surging higher on heavy volume, while natural gas and crude oil move lower.
Merrill Lynch Asia (Bank of America) strategists Sadiq Currimbhoy, Arik Reiss, and Jacky Tang suggest that the S&P 500 could soar another 40% by December 2010 before it collapses completely based on a un
Here is our monthly update on global indexes for our international investors.
The markets appear to be anticipating a banking crisis.
New gold investors are often surprised to learn that gold prices have a heavy seasonal component. Seasonality makes intuitive sense for commodities inexorably tied to orbital mechanics, like wheat.
25 years ago I visited Comex at the World Trade Center, watching the feverish activity in the gold pit from behind the glass wall in the gallery.
While all manner of attention remains transfixed inside the United States on a remedy and recovery of its bank sector, once again Americans make dangerous assumptions.
So far this week we have seen commodities move sideways with traders and investors waiting for the US Dollar to rally or continue dropping, which will trigger the commodities to move.
UPSIDE BREAKOUT ALERT: gold is now believed to be very close to an upside breakout to new highs, a development that should lead to a rapid advance towards the $1300 area, and it should be noted that this sce
Here we are again approaching another 10-year cycle peak. The last such peak was in 1999 while the most recent 10-year cycle bottom was in 2004.
Precious metals like gold and silver appear to be forming a bullish pennant formation, which generally leads to higher prices.
I am finally convinced that even though the Plunge Protection Team is made up of some very clever traders, it must also have a whole back up team of comedians, cartoonists, magicians, advertising wunderkind
Silver's fundamentals offer plenty of reasons to be bullish in the coming years. Relentlessly growing global investment demand coupled with reduced production is a recipe for much higher prices.
Every few months a chart comes along that needs almost no follow-on paragraphs to make the point of the issue.
Is there anyone who honestly believes that the USA has the ability to repay its foreign creditors with anything but grossly devalued paper dollars?
Everyone is talking about gold shooting to the moon because of the massive reverse head & shoulders pattern forming, not to mention the economy isn't as good as some of us would like it to be:.
In several previous commentaries, I have alluded to the extremely bright future for silver jewelry as yet one more reason to be extremely bullish about silver.
Gold's bulls and bears have fought each other to a standstill so that an eerie calm now exists in the gold market, rather like the period in Europe known as the Phony War which was an early stage of the 2nd
I hope everyone had a great weekend and is now ready for another week of trading. I have put together a few simple charts to show you what we could see with prices in the near term.
As I was scribbling notes preparing to write this missive, I came across Jim Willy's excellent latest piece on Gold-Eagle (a must read) and although I actually comfortable standing out there all alone, I was
Last Friday, the central banks of Europe extended their landmark agreement on gold sales.
Commodities continue to trade at their pivot points while the pressure rises!
The Paradigm Shift continues to displace the power centers and introduce new ones. Those bright souls who ignore the shift will be well prepared for systems that soon do not stand.
The U.S. government (and their loyal, media-parrots) has spent a great deal of time crowing that "demand has remained strong" for U.S. Treasuries.