A short commentary and answer to the question…
Last week we focused on the gold stocks. There was more initial evidence of a new bull market there than in Gold. However, Thursday Gold erased some doubts as it rocketed above $1200/oz and to as high as $1264/oz before settling a bit lower. That move puts Gold’s recovery on par with those following past […]
What do Gold & gold stocks have to do to confirm a major turn?…
Worth Wray, chief economist with Evergreen GaveKal discusses China’s current economic problems and the potential for a Renminbi induced shock to global markets and the implications for stocks, bonds, commodities and gold.
Last week we said nothing has changed. This week figures to be the week something did change….
There is no excerpt because this is a protected post.
We interviewed Greg Weldon on Friday…. Greg’s Website
With each passing rally hope has bloomed that the bear market in precious metals may be over. The long and deep “forever bear” has to end but it hasn’t yet. Under the surface, the bear market is getting weaker and Gold is growing stronger. It’s showing strength against foreign currencies and has broken its downtrend […]
Gold and Silver have held up well during the recent selloff in equities. From December 28 through Wednesday the broad NYSE lost 10.4% while the S&P 500 lost 9.6%. Precious Metals gained strength during that period. Gold advanced 3.0% while Silver gained 1.7%. Gold relative to the NYSE broke its downtrend and touched an 11-month […]
A look at Gold against Stocks and Foreign Currencies, Silver, and the gold miners GDX and GDXJ.