Most gold analysts think that gold is in a bull market, or a bear market. They use charts and US economic reports to try to prove that the gold price is ready to move substantially higher or lower. In contrast, I’ve argued that the world...
The pressure on the US stock market continues to grow. Note my red annotations on this key S&P500 earnings chart. With QE gone, rate hikes on the horizon, wage pressures growing, and the business cycle peaking, it’s a “no brainer”...
As the crisis in Greece (and now Puerto Rico) intensifies, Global markets (except gold) are tumbling. Greek banks are closed, and the situation looks grim. Incredibly, the enormous volatility seen in US stock markets yesterday could...
I realize that most analysts in the gold community are nervous about gold, and nervous about China’s stock market. In contrast, I think this is the greatest time in history to own both gold and the Chinese stock market.
The latest COT report is very good news for professional gold investors. The world’s largest banks dominate gold trading. They are the “commercials”, and it’s clear they have been very aggressive buyers into the tail end of gold’s...
That’s a seasonal chart for gold. I’ve highlighted my key buying and profit booking areas. June is the most important time of the year to buy gold.
The month of June is typically a boring one for gold and silver price action, although the latter half of the month tends to be a bit better for gold.
Today is gold options expiry day on the COMEX. As expiry day approaches, gold has a tendency to trade sideways to lower. Option traders tend to focus on round numbers, like $1200. As they battle amongst themselves for higher or lower...
In the Western gold community, there seems to be a fairly widely held view that gold prices can’t rise much higher, unless confidence in central banking is lost.
The first four months of 2015 have seen many gold stocks stage tremendous rallies. In many cases, but not all, the gains appear to be “here to stay.” When some individual gold stocks rise by 100% - 400% in just four months, investors can...