The Daily Gold

Gold Stocks Break to New Highs Against Equities

In our most recent commentary we wrote about the relative strength in the gold equities. Gold equities have not only bucked the downtrend in the equity markets but in relative terms are breaking to new highs against equity indices....

Gold & Gold Stocks are the Last Hope for Most

Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no!...

GLD-SPY Ratio… Tic tock

Gold vs. S&P 500 (1928-2010)

Courtesy of the Big Picture & the WSJ....

Ticky Toc Clock: Gold/SPX

My usual TTC is the $GOLD:$SPX ratio, which will not update until after hours. So here is a look at surrogate GLD-SPY. Is this a picture of impatient, momo following, non-perspective-having dumb money getting played yet again? All the...

S&P-To-Gold Ratio: On Verge Of 1.00 Breakdown

As the attached chart demonstrates, the S&P may soon take out the 1.00x ratio to gold price per oz. With the IMF facilitated Greek bailout, the euro is now a sideshow and nothing more than a political corpse in...

When Will Gold Make its Next Big Move?

In recent commentaries, we’ve focused on the macro factors that will drive acceleration in the precious metals sector. Namely, the gradual exodus from both government and corporate bonds as authorities are forced to monetize debts in an effort to...