Chart c/o of sharelynx.com & Nick Laird.
The Gold/Silver ratio has just broken in favor of Silver. In other words, the ratio has broken to the downside. This development along with persistent strength in Gold has prompted the mainstream gurus and “experts” to talk up Silver. We’ve been writing about the potential in Silver on more than one occasion. See here and … Continue reading “Gold/Silver Ratio Analysis”
In our last commentary we quickly covered the current outlook of Gold, Silver, the mining shares and the juniors. The breakout in the sector continued today as Gold reached a new high and the mining shares (as per the HUI or GDX) closed near a nine or ten month high. The juniors (GDXJ) and Silver … Continue reading “Precious Metals: Your Game Plan Going Forward”
Dave Skarica and I talk about Precious Metals (11 minutes)
The precious metals sector is at an important juncture. Let’s take a look at the potential upside targets. First lets start with Gold. Gold has formed a bullish cup and handle pattern, which is more bullish than usual due to the handle being formed at a higher level than usual. The pattern projects to $1450. … Continue reading “Technical Targets for Gold, Silver & the Gold Stocks”
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This time it’s on inflation investing…..
Jordan Roy-Byrne, CMT The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are some gold stock indices like the Barron’s Gold Mining Index and others, which show a 30-year base … Continue reading “How to Invest in Junior Gold and Silver Companies”
This nugget comes from Peter Spina and GoldForecaster.com UBS, in its annual poll of central bank and sovereign wealth funds found nearly a quarter of central banks believed gold would become the most important reserve asset in the next 25 years. At its annual seminar for sovereign institutions, UBS surveyed more than 80 central bank … Continue reading “UBS Poll of Central Banks & Sovereign Wealth Funds…”
Both the gold stocks and Silver had big 3% gains today. As you can see from the chart below, both markets are nearing a test of 2008 resistance. A move past the 2008 highs would be an important breakout. However, it is important to note that in both Silver and various large-cap gold stock … Continue reading “Gold Stocks and Silver Nearing Huge Breakout”