Gold Editorials & Commentary

No subject related to gold is more debated than the possibility that gold may again be confiscated by the US Government during times of economic crisis.

Let's be frank here. I spend between 12 and 15 hours a day working in front of my computer screens watching markets and charts and reading news and reports from all over the world.

You'd think I'd have a clue. I don't.

Thus far in 2011 the overall stock market movement has been much different from what we had in 2010. This year we have seen nothing but sideways to lower prices with wild price swings on a day to day basis.

GLD - on sell signal.

The general stock markets' day-to-day price action utterly dominates individual stock sectors, including commodities stocks.

The months of November and December are the second strongest back to back months for the financial markets. Many traders and investors use this time of the year to reap big gains as they close the year out.

Historic and recent scientific developments add to our understanding of how the entropic force from physics may govern everything in nature, including ecosystems and economics.

Over the recent couple months the precious metals charts have made some sizable moves. Most investors and traders were caught off guard by the sharp avalanche type selloff and lost a lot of hard earned capital in just a few trading sessions.

The Elliott Wave Theory (EW) gives superb results in predicting the gold price.

We are at the edge of a major economic crisis. Our monetary system is the underlying cause of this major crisis. The massive debt bubble created by our monetary system is about to burst.

It was a fine week to head out of town to a tropical beach, sit, drink, read and swim to you hearts content and forget about this crazy market and the smashing gold and silver and most equities and indices took.

GLD - new sell signal.

After updating my gold-seasonality research last week, I heard from traders wondering how it affects gold stocks. Since the price of gold is their primary driver, gold seasonality naturally has a major impact on gold-stock price levels.

You will often read how various experts in the financial press will say that the gold price "should be" about $2000/oz., to $3000/oz., or slightly higher.

What an incredible whirlwind of crisis from seven foul winds around the globe. Most emanate from Europe, which is far from its climax in crisis.

GLD - on buy signal.

Gold has behaved as predicted in the last update, which was two weeks ago. It advanced a little further into nearby resistance, before reacting back quite sharply on Thursday.

Everyone but me seemed to be happy about how the stock market ended the week. Well, I'm a bear, and bears are more realistic about things like the approaching end of the world as we now know it. How's that?

I'll be heading out of town early this week as it's a holiday in Canada Friday as we remember our Veterans which means it's time for deer camp!!

Gold has just entered its strongest time of the year, embarking on a major seasonal rally. Naturally this is very bullish for not only this metal, but the companies that wrest it from the bowels of the Earth.

GLD - on buy signal.

Gold did exactly as predicted in the update last weekend - it dropped back briefly to touch the bottom of our short-term reaction target range at $1680 before rebounding, as we can see on the 4-month chart below, and we were buyers around $1705 and below.

Last week, the media celebrated the Dow's best October ever! But Monday was Halloween, and the first week of November more trick than treat for investors with the Dow down 248 points by Friday's close.

October was truly an epic month for the stock markets. The flagship S&P 500 stock index rocketed 10.8% higher! As its best month since December 1991 and best October since 1982's, October 2011 was inarguably awesome.

Bad habits are just that; repeating patterns of behavior that ultimately lead to some undesirable outcome. I like my tobacco and whiskey.

GLD - on buy signal.

No politician wants to end up with his head adorning the railings of some public building, and thus - possibly spurred into action by the video of the grisly end of Colonel Gaddafi - European leaders started to display qualities normally totally alien to them l

Much has been made of the volatility investors endure in the gold market. No doubt about it, the golden bull has a way of throwing off the faint hearted investor who hasn't studied how things are done in his rodeo.

It was another wild week in the markets with some breakouts higher which failed then breakouts lower which failed only to see massive moves higher coming into the end of the week, especially Thursday.