After being sucked into the general commodities correction, silver has been relentlessly drifting lower since late February. But this weakness has forced the white metal down to a very bullish place technically.
Gold Editorials & Commentary
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July 20, 2012
After being sucked into the general commodities correction, silver has been relentlessly drifting lower since late February. But this weakness has forced the white metal down to a very bullish place technically.
July 17, 2012
Although it probably won't happen within the next couple of months, it's a good bet that the ECB will eventually be prodded into monetising a large amount of European government and commercial bank debt.
July 14, 2012
It's not easy to make a buck in this type of market so we're sitting and waiting for the right setups to form mainly with the odd little trade here or there.
GLD - on buy signal.
Buy/sell signals within a consolidation are potential whipsaws.
July 13, 2012
"We have reached a profound point in economic history where the truth is unpalatable to the political class - and that truth is that the scale and magnitude of the problem is larger than their ability to respond or comprehend - and it terrifies them
After making new highs about a year ago we have seen Silver and Gold consolidate for roughly the last twelve months.
Investors are worried that this summer will witness a repeat of the summer debacles of 2010 and 2011. The stock market has itself vulnerable to negative news from overseas as well as earnings disappointments.
With gold, silver, and their miners' stocks drifting listlessly near correction lows, the sentiment in precious-metals land is even more pessimistic than usual. Bears abound while bulls are now an endangered species.
July 12, 2012
Gold and stock market forecaster have been using cycles in price that repeat every certain amount of trading days to help them spot key reversal areas in the financial market.
In recent public articles, the USTreasury Bond bubble was described, supported by Interest Rate Swaps to produce artificial demand and to create an illusion of a flight to safety in toxic USGovt Bonds.
July 10, 2012
The media is now fixated on an apparently new feature dominating the economic landscape: a "fiscal cliff" from which the United States will fall in January 2013.
July 9, 2012
Summary and Conclusion
July 8, 2012
The term Stock market predictions is a very controversial topic and does seem to give off a negative/non-credible overtone to most traders, investors and the general public.
Here is a chart I've never before published. It's a Step-Sum Symmetry Chart with a gold bias. What in the heck is that? Well, as we all know, during bull or bear markets there are about as many up days as there are down days.
July 6, 2012
After the US Supreme Court inexplicably redefined Obamacare to uphold its constitutionality, politics are very much back in the news. And with the all-important US elections only 4 months away, it's only going to get worse.
July 3, 2012
Friday's strong move to the upside caught a lot of traders on the wrong side of the market. Regardless of whether financial pundits refer to it as a short-squeeze or simply panic level buying is largely irrelevant.
Major peaks in the gold market tend to follow major shifts in the monetary backdrop -- from a high to a low monetary inflation rate -- with a lag of more than two years.
July 1, 2012
June 30, 2012
GLD - on sell signal.
What is a derivative? A financial instrument whose value is derived from an underlying asset. For example, the US paper dollar is a derivative.
June 29, 2012
Most investors are aware that the 4-year cycle peak comes into play this year. What few realize is how both Washington and Wall Street are using this cycle as a fulcrum for gaining political as well as economic advantage.
June 27, 2012
Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena.
Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena.
Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena.
Gold and "risk" assets rally whenever traders get the faintest scent that more QE (a central bank program designed to increase the money supply) is coming.
June 26, 2012
In the Wednesday stock report we took an indepth look at gold to see what the chart patterns were telling us. Tonight I want to look at silver as there is a chart pattern similar to the gold rectangle that no one is seeing at the moment.
In the Wednesday stock report we took an indepth look at gold to see what the chart patterns were telling us. Tonight I want to look at silver as there is a chart pattern similar to the gold rectangle that no one is seeing at the moment.