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Video: Pierre Lassonde’s $8000 Gold Target
Our analysis of such is in this video…
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Gold to Equities Ratios Have Bottomed
It has been a strong start to 2016 in precious metals, today notwithstanding. Gold was able to break above daily resistance at $1080 to $1090 while miners climbed higher until Friday’s reversal. Rather than focus on the nominal gains I want to turn our attention to Gold’s performance against other markets and asset classes. It … Continue reading
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Bull Trap or Bottom in Gold and Gold Stocks?
As we know, Gold and gold mining stocks have been trapped in a bear market that has been severe in both price and duration. It is seemingly a “forever” bear market as rebounds and recoveries have been followed by lower prices and more devastation. The Fed-induced strength of this week is giving bulls some hope. … Continue reading
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Gold: Bullish in Real Terms, Bearish in Nominal Terms
Last week when we covered rebound targets in the precious metals sector we also discussed the importance of Gold’s performance in real terms. It can be a leading indicator for the sector at key turning points. Since then precious metals sold off in aggressive fashion alongside global equity markets. However, Gold against equities gained materially. … Continue reading
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More Weakness Ahead for Precious Metals
The Fed minutes were dovish and this helped push Gold above $1310 to $1320. However, the miners, which usually lead the metals did little to confirm the rise. In fact, the miners have been relatively weak in recent days and had a bearish reversal on Thursday. Their rebound from an oversold condition has petered out. … Continue reading
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Gold Bears Suddenly Appear, More Emboldened than Ever
Congrats to the gold bears and stock bulls! After being slaughtered for the majority of the last decade and more, they finally won a victory. Golf clap for you gentlemen. Now you can have your day in the sun once again. US stocks are at all-time highs and Gold sucks again! You won’t have to … Continue reading
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Gold – Are We There Yet?
It has been a 1.5-2 year sideways affair for the precious metals (PM), depending on whether you look at silver (peak in April of 2011) or Gold (peak in August of 2011). PM stocks, on the other hand, have done quite a bit worse than go sideways. While the more conservative Gold has only fallen … Continue reading
