GDXJ | The Daily Gold

Gold Stocks Stuck in Consolidation

May 10, 2011

Though Gold and Silver were able to make new highs in recent months, the gold stocks (as evidenced by GDX (large caps) and GDXJ (larger juniors) never did. We wrote of their relative weakness and how it was a...

Why Gold and Gold Shares have Consolidated for Five Months

Mar 25, 2011

Yes Gold has been flirting with all-time highs. Sounds strong, right? Wrong. In reality, Gold has been in a consolidation or running correction since October of last year. In recent weeks Gold has flirted with all-time highs but hasn’t...

Gold Stock Seasonality

Mar 22, 2011

Many analysts focus on the seasonality of Gold and Silver. Why? It plays out most of the time. The metals tend to peak in the late spring and then bottom in the early summer before moving into the sweet...

Bifurcation in Precious Metals Complex and the Implications

Mar 08, 2011

Silver has been red hot lately and the silver shares have joined in the fun. Yet, we haven’t seen a corresponding breakout in Gold or in the gold shares (as evidenced by GDXJ and GDX). In the chart below...

Accumulate Gold but Be Cautious on Silver

Feb 15, 2011

Why is Silver continuing to outperform Gold? The Silver/Gold ratio tends to lead or follow the stock market. Risk assets are outperforming. Silver is outperforming Gold as a risk asset. It is not outperforming for monetary reasons. That occurs...

Gold Stocks a Buy, Declares Dan Amoss

Jan 25, 2011

Gold begins a new week up a touch from where it ended last week. The spot price as we write is $1,348. Silver is off a few pennies, to $27.45.

Gold Stocks: Stick with Juniors and Avoid Large Caps

Jan 18, 2011

In covering the gold sector for my premium subscribers, I have noticed something lately. The large-caps really suck! Ok, that is harsh but it is the truth. In the chart below I show the large-cap indices. What do you...

Gold & You: Topping Out or Topping Up

Dec 14, 2010

1. Gold war update from the front lines: The Gold Community retook $1400 last night. Silver is close to retaking $30. I won the battle as to whether gold would take out $1424 on the upside or $1315 on...