Commentaries

Seems like everyone has now jumped back on the energy band wagon.To be precise energy, solar’s, uranium and rare earths. I hear it constantly in the media. However if something has gone up long enough and far enough to garner the attention of the media it’s usually closer to a top than a bottom. For … Continue reading

Future generations will no doubt wonder how we missed back to back crises that were staring us in the face. The housing crisis exposed to the whole world how ignorant professionals and average investors alike could be.  Without a taxpayer-funded bailout, too big to fail institutions  (which ironically have since become too bigger to fail) … Continue reading

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While a majority of investors, analysts and experts dwelt on gold and (to a lesser extent silver) in 2010, sister precious metals platinum and palladium notched up significant gains matching gains in the investment safe havens

By Don Miller, Associate Editor, Money Morning The United States’ AAA credit rating may be at risk sooner than previously thought as the nation fails to deal with its growing debt, Moody’s Investors Service warned last week. Moody’s said December’s extension of the Bush-era tax cuts, combined with results from the November elections, may lead … Continue reading

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

My more recent forecasts for Gold were intermediately bearish from the $1390’s area as we saw a clear triple top breakdown from the 1425-1430 ranges about 8 weeks ago.

One of the notes that I keep stuck to my computer reads “remember seasonality”. For those just now becoming familiar with options, you may assume I am reminding myself not to forget deer season or the opening of the season for striper fishing.

The other night, watching the State of the Union address, I couldn’t help but be confounded by what I saw on the TV—a bunch of men and women, dressed like they are going to a wedding, hugging each other, smiling, laughing—and then it hits me. What are these people celebrating?

Gold is stuck between a bottom of $1310 and resistance at $1350. It has tested $1350 six of the past seven trading days. Should it breakthrough then we’d turn our focus to $1380 as the next key resistance. Silver is performing better. It held $26.50 last week (clear support dating back to November) and has … Continue reading