Gold Editorials & Commentary

Last week we saw the financial market including commodities move higher which was great to see. But the recent run up has brought both equities and commodities to their key resistance levels.

Markets rallied in the US late into the week with most gains coming on Thursday. With options expiry coming in the week ahead we have be aware and not read too much into the moves.

GLD - on buy signal.

Oil stocks have been hammered especially hard in the recent stock-market correction. With both the general stock markets and price of crude oil falling sharply, the oil stocks didn't stand a chance.

Market volatility continues to shake things up making it profitable for traders who are quick to spotting key reversal points, manage risk and taking profits before it evaporates.

"You cannot multiply wealth by dividing it."

Adrian Rogers                    

WHAT HAPPENED AND WHAT DO I DO NOW?

The following is a transcript of an interview requested by a gold-friendly hedge fund.

It's now begun. Countries are falling, in economic speak, at an increasing rate. We will see currencies fail sooner rather than later. Gold remains the ultimate currency and must be a part of everyone's portfolio.

It was another extremely volatile week sharp rallies followed by sharp sell offs. Fear is in no doubt controlling the market. The bulls and bears continue to battle it out.

In this article we are going to consider the implications of gold's new highs of late last year and a month or so ago not being confirmed by new highs in either silver or the Precious Metal stock indices, and consider other factors having an important bearing o

GLD - on sell signal.

Natural forces are at work in Europe, powerful forces, in fact forces that are not evident. It is amazing how little the financial analysts notice the forces at all.

Last week looked and felt like a pivotal week for both stocks and commodities. The past two weeks have had investors and traders in a panic as they try to find safe investments for their money.

Last week looked and felt like a pivotal week for both stocks and commodities. The past two weeks have had investors and traders in a panic as they try to find safe investments for their money.

It was a strange week indeed as markets appeared to move higher, only to lose gains near the end of the day giving false confidence to market participants. The question remains whether this is the start of the second leg of the bear market.

I know that it is not polite to beat one's own drum, but I don't know what better way I can use to highlight the differences between what I have been writing about over the last few years and the backward looking dribble that has been permeating our TV screens.

GLD - on sell signal.

Let me start the article with a personal note. For the last six years, my pen has put forth a public article almost every week. Since the end of 2009, a change has come from that pattern, for four reasons.

It's been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo.

The great Professor Roubini has recently declared on television that "gold has no intrinsic value" and that "if anyone is concerned about inflation they would be better off buying spam."

The stock market topped in April which was expected from analyzing stocks and the indexes.

Drastic times call for drastic measures. I have made major changes this past week to my portfolio. I am scared, and have taken appropriate actions. Safety first is now the motto I embody.

GLD - sell signal this week.

The condition of Europe has become the psychological linchpin governing the world's financial markets. Even the notoriously insular American investors are fretting about Europe's woes on an hour-by-hour basis, which is incredible.

I'm not sure where this will all end, but today we saw a Dow Theory sell signal.

It has been an interesting week in the market as stocks and commodities push to extreme support levels. Below I have posted some charts showing where the market is currently trading at and what I think is likely to unfold.

"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.

Last week was amazing for both gold and index traders as gold surged higher and the SP500 tested a key resistance then fell 4% in our favor.

GLD - on buy signal.

With the European sovereign-debt troubles dominating financial news, the euro has taken quite a beating lately. The majority consensus opinion even believes that the euro's very existence is threatened by this crisis.