Commentaries

Posted on

This past week in gold

This past week in gold By Jack Chan at www.simplyprofits.org 12/25/2010 GLD – on sell signal. SLV – on buy signal. GDX – on sell signal. XGD.TO – on sell signal. Summary Long term – on major buy signal. Short term – on mixed signals. We continue to hold our core positions with a hedge … Continue reading

Posted on

THE BEAR WILL RETURN IN 2011

It’s almost impossible to find anyone who is long term bearish on the stock market or economy at this time.

Posted on

Gold and Precious Metals Update

Gold and Precious Metals US Dollar Chart US Dollar Analysis: The Dollar rally has been plagued by distribution volume, and now looks like it will rally only slightly higher before declining again! Study the volume on my chart.  The power volume of this move is happening on dollar selling!  Big Volume equals Big Money Flows. … Continue reading

Posted on

Gold in 2011

Now that 2010 is coming to a close, it’s time to start thinking about how various assets will fare in 2011. Considering that gold has consistently risen for a decade , it makes sense that more and more eyes are fixed on gold. It will eventually be gold’s time to absolutely dominate the headlines, but in … Continue reading

Posted on

PHYS – Play the premium

Who on earth buys anything at a 20% premium?  Why, because it’s GOLD and because Ben Bernanke is blowing a monetary gasket?  That is no reason to be a dupe.  Today’s 2.38% is much more palatable. Source: PHYS – Play the premium

Posted on

Gold Has Been A Terrible Investment?

How many of you hear these financial advisor morons get on CNBC and discuss what a lousy investment has been over the years?  What?  Oh, it doesn’t pay interest?  Junk bonds paid tremendous interest all thru the 1980’s and then the market crashed hard.  99% of the world lost substantially more in capital loss than … Continue reading

Posted on

Bloomberg Counters Gold’s Run with Absurd, Baseless Hit-Piece

Monday morning I was greeted via my inbox with a Bloomberg report on Gold. Bloomberg has a series called “The Dark Side of Gold.” Its important to note this isn’t the first time the news organization has attempted a hit-piece on Gold. I wrote about this exactly one year ago and identified the cases and … Continue reading

  • As seen on: