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.
Silver has endured a rather tough June so far. After peaking just under $16 on the 2nd, this white precious metal plunged 12% to just over $14 by the 15th.
Gold has provided two excellent trades for us this year; both had less than 3% downside risk. With any luck we will have another trade soon.
For nearly 5,000 years, the price ratio between gold and silver has averaged approximately 15:1.
China is directing their mountain of reserves away from acquired mining firms and toward managed hedge funds.
Let's talk about China.
In Part I of this series, I provided a brief exposition on the birth of silver mining, and explained how and why silv
Yesterday this analyst had the bizarre experience of watching two consecutive and conflicting items on the evening Television news:
While helping one of the younger ones study for finals yesterday I ran across a word I haven't heard in quite some time. Mercantilism.
Today's essay details the ongoing collapse of the US economy with a focus on why this coming fall will prove the "worst is over" crowd wrong yet again.
Thanks to "Bullion Bulls" contributor, Paul, for supplying me with a link to an exciting, new opportunity for U.S.
Earlier this week, a friend asked me if I thought this stock bear was over. My first thought was "which bear?", for there isn't just one.
With so much happening in the market, emotions flying high and from being blinded by fear and greed many investors are wondering What do I do now?
The rising long-term USTreasury Bond yield continues to capture attention. The breakout chart for the 10-year Treasury shot up to 3.75% last week, but zoomed to touch 4.0% this week.
The excitement in the stock market these days is not whether the economy will rebound the later part of his year, but by how much.
Commodities have been driving up the past few months and now it looks like Natural Gas is going to be joining the party.
The Dow rose 3.09% over the week while the S&P 500 lagged only rising 2.28% but the Nasdaq rose 4.23%. Up in Canada the TSX rose only 1.92% and the Venture was up 1.24%.
Gold did embark on a new intermediate uptrend as predicted in the last Gold Market update posted towards the end of April, however, the uptrend was not as strong as expected and it failed to break out to new
At the height of the stock panic in late November, the flagship S&P 500 stock index had plunged 49% year-to-date. Fully 2/3rds of this decline happened in the 9 weeks leading into the panic lows!
There is no doubt that the equity markets have been rising in recent weeks. It would be foolish to argue with that fact.
Global statistics were recently released by the “precious metals research and consultancy” firm GFMS Limited, based in London.
The rising long-term USTreasury Bond yield has captured attention. The breakout chart for the 10-year Treasury was pointed out here when it rose over 3.1%, hardly a high level.
The precious metals are on fire literally and the green in our portfolios is a sight to behold and enjoy.