On the heels of last week’s piece “Gold – Fundamentally Fabulous, Technically Torturous“, we’ve given consideration to some infamous tortures foisted upon mankind across the centuries. And how well-documented they are!
Firstly: Gold is fundamentally fabulous given its ultimate valuation is a function of currency debasement. Hardly is that news to our veteran readership, nor to anyone who fully comprehends The Gold Story. So let’s just briefly break...
Quite the inauspicious start for Gold’s fresh parabolic Long trend as otherwise herein detailed a week ago. Indeed then we were all megaphones and pom-poms about Gold now being en route to a new All-Time High … and we’re still in that...
Thank goodness, THAT’S over. “‘THAT’ being what, mmb?“ THAT, Squire, being the Short parabolic trend for both Gold and Silver having finally reached the end! For as last week herein penned: “As to the ‘when’ for these two precious metals...
This past week wherein Gold finally garnered a wee bit of grip, ’twas Sweet Sister Silver who showed how to rip! Whereas Gold settled yesterday (Friday) at 1943 for a +1.3% weekly gain, Silver settled at 24.285 for a reigning +6.8% ...
Gold just completed its 10th down week of the last 15, “spot” settling yesterday (Friday) at 1890 and the far more actively-traded December contract at 1918. Regardless, where is the bottom?
Before we graphically elaborate on this week’s double-entrendre Texas-speak title, let’s be up front as regards a mis-guided inference from a week ago. Therein we wrote with respect to Fitch’s downgrading StateSide credit from AAA to AA+...
We’ll get underway with our title’s “uhhhh….” To which you wily readers weren’t surprised a wit this past Tuesday upon “Forever First Fitch” downgrading the credit rating of the dear ol’ USA from AAA to AA+. For as herein penned 10 weeks...
Let’s start with this, courtesy of the “It’s Not About Us Dept.” A week ago we herein thoroughly vetted the state of these Big Three eventualities: Gold’s stop, Fed’s pop, S&P’s flop. Thus in the spirit of the late, great Meatloaf...
Quite the trifecta in our title: Gold, the S&P and the Fed all well in play for the week ahead. And straightaway we start with Gold — which considering ’tis still within its Short trend — had nonetheless been firming well of late, ...