Gold Editorials & Commentary

Analysis Of The Long-Term Silver Chart Suggests Significantly Higher Prices

Although it is a long way from being a mainstream view, over the past two months we've read several comments along the lines of: the financial world will soon be immersed in another 2008-style crisis, only worse.

GLD - on buy signal.

Let's turn our attention to a cycle which we've rarely discussed over the years. The Kress 24-year cycle is one of the components of the 120-year cycle series which is scheduled to bottom in 2014.

Over the past few years, the fortunes of Europe's euro currency have appeared to significantly influence the US stock markets. This rather-curious relationship has proved vexing at times to American traders, as it doesn't seem logical on the surface.

Let's turn our attention to a cycle which we've rarely discussed over the years. The Kress 24-year cycle is one of the components of the 120-year cycle series which is scheduled to bottom in 2014.

In our 11th January 2012 commentary we argued that a certain 'technical analyst' was wrong to extrapolate gold's recent price action into a forecast of imminent deflation.

It was another incredibly strong week for the US markets up until Friday when more confusion emerged out of Greece and US markets took a hit but still remain strong as many leading stocks were still up nicely for the day and that includes our swing trading posi

The Euro is now at a critical test of resistance at the old neckline of the one year H&S top. It's just as important to know when a good pattern works and when they fail.

GLD - on buy signal.

I haven't posted the Barron's Confidence Index chart for a while, so here it is.

Below, is an extract of my Silver Premium Update for 25 January 2012:

The US stock markets have been on fire lately, still marching higher even after the S&P 500 powered to its best January in 15 years. Doubted from its very birth, this latest stock-market upleg continues to inexorably climb the proverbial Wall of Worry.

The interminable extension by the US Federal Reserve on the 0% rate into 2014 represents history in the making. It is the adoption of pure heresy in monetary policy, making it mainstream.

When reading stuff about the pros and cons of investing in gold we regularly come across two misguided assertions, the first being that changes in gold's price in terms of a currency do little more than offset changes in the currency's purchasing power.

Since January 1980 the values of US Commodities have been affected by growing demand and the price increasing effects of inflation. All commodities have enjoyed price increases..... ALL EXCEPT SILVER, which is virtually flat.....

It was really another amazing week in a so far, great year.

GLD - on buy signal.

Selling pressure earlier in the week gave way to strong demand for equities as concerns over the European debt crisis have been moved to the backburner. Investors have instead been focusing on the improved U.S. economic and employment picture.

After two weeks of trying, the Dow Jones now finds itself above its high of last April, and recorded it first BEV Zero in the Bear's Eye View chart below since 29 April 2011.

Technical analysts define the "Golden Cross" as the chart feature that occurs when a security's short-term moving average (such as the 50-day simple moving average) breaks above its long-term moving average (such as the 200-day simple moving average) or

Technical analysts define the "Golden Cross" as the chart feature that occurs when a security's short-term moving average (such as the 50-day simple moving average) breaks above its long-term moving average (such as the 200-day simple moving average) or

I have received numerous emails asking about silver. This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct.

I have received numerous emails asking about silver. This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct.

"I believe that banking institutions are more dangerous to our liberties than standing armies.

What a week it was. My head is still spinning.

GLD - on buy signal.

Gold is enjoying an awesome January, rallying strongly out of its oversold late-December lows. But last month's hyper-pessimistic sentiment deserves some reflection before it totally fades from memory.

The following article appeared on the web this morning. It reports that India will be paying Iran in gold for the oil that it will be purchasing