Posted on
Gold was not as overbought as Silver and didn’t enjoy the hot-money flows that Silver, Oil and equities did. The price action shows support at $1425-$1450. The previous breakout point was about $1435. The 300-day MA (long-term support) is at $1297 and rising. The 200-day MA is at $1356 and rising. We should also note … Continue reading
Posted on
In our premium service, we’ve advised going long the Gold/Silver ratio. We tried back in March but closed the trade as we felt Silver, which was at $39, was about to go parabolic. Now that Silver has put in a top, it is time to try the trade again. Our first chart shows the ratio … Continue reading
Posted on
Kevin Kerr, is a TV and radio investment advisor, his unparalleled expertise in futures and commodities has made him a regular contributor to news outlets like CNBC,CNN, FOX News, CBS Evening News, Nightly Business Report and many others. Recently, he was even featured on Jon Stewart’s The Daily Show. What’s more, Kevin has traded commodities … Continue reading
Posted on
Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com’s public opinion as of last week was over 90% bulls. The daily sentiment index as of last week was … Continue reading
Posted on
The Mercenary Geologist Michael S. “Mickey” Fulp is a Certified Professional Geologist with a B.Sc. Earth Sciences with honor from the University of Tulsa, and M.Sc. Geology from the University of New Mexico. Mickey has over 30 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, … Continue reading
Posted on
David Skarica discusses Gold, Silver, the juniors and other issues in the resource markets. David Skarica is the founder and Editor of the newsletter Addicted to Profits and is the editor of a Gold service published by Newsmax. Skarica entered the financial markets at a young age. At the age of 18 he became the … Continue reading
Posted on
What do you call a 12-year trend that has appreciated each and every year? Its a bull market but apparently not if its Gold. In that case, its the “gold trade” or the “gold rally.” Reporters and journalists refer to the bull market in Gold as a rally. A rally indicates a revival or renewal … Continue reading
Posted on
This is a concept that comes from Bob Hoye and we’ve written about it extensively. Bob believes that the real price of Gold is what is important for the gold stocks and not the Gold price. The real price of Gold is essentially Gold against Commodities. To be more precise, we look at Gold vs. … Continue reading
Posted on
Gold looks fantastic. It is breaking away from a consolidation which could be called a running correction. Two weeks ago Gold broke to a new high. Last week Gold retested the breakout and then advanced to another new high at the end of the week. Its textbook bullish action. Yet the gold shares have really … Continue reading
Posted on
Over the past few weeks Gold has traded at or near record highs. It has yet to embark on a sustained breakout but that is not because Gold is a crowded trade. In recent months money has moved into equities, Oil and Silver. As a result, some hot money and speculative money has moved out … Continue reading
