Stewart Thomson

Just as no technician (or fundamentalist) knew gold junior stocks would suddenly form a big top pattern in October, none knew the juniors would suddenly form a powerful bottom formation now.

When you are involved in a roaring bull market, a great number of imaginary views come into existence around you. Great care must be taken so you don’t become enveloped in these imaginary dreams, and then find yourself destroyed by nightmares of reality.

Into the month of “Feb”, here we go. Towards month 4 of getting richer, here you go.

There you sit. In Happy Land. You lean back in your armchair, with your golden friends. You sip a glass of wine and puff on a high quality cigar, toasting the good times for gold. You raise a glass for a number of recent new highs for many junior gold stocks.

“…Some governments will topple….” –Jim Rogers, referring to the effects of coming rising food prices….

Gold blasted through $1380 early this morning! Your gold bullion pile, marked to paper currency model, just rose by approx. 1.5% in value from the $1360 area lows.

The former head of Shell Oil warns that oil could almost double in price, in a year.

Golden Crystal. Whether you buy breakouts (difficult) or price weakness (best), it is important to keep your charts simple and clear.

What’s in your stocking? It’s four days to Christmas! Is it a selection of beautifully wrapped gold bars and gold stocks, or is it a toy US dollar photocopier wrapped in a pig’s tail?

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 the downside.  Most thought $1315 would fall.   It didn`t.  Gold soared to $1430 basis dec futures … Continue reading