Commentaries

…In our previous essay we mentioned that although it was not clearly visible in the past weeks, looking at the charts with the RSI and stochastic readings in mind, silver’s historical cyclical tendencies point to a downturn…..

…In this exclusive interview with The Gold Report, Mike Kachanovsky, aka ‘Mexico Mike’, (Investor’s Digest of Canada), discusses why he believes the market is better than ever for precious metals, as well as the abating political risk for mining companies in countries such as Mexico, Colombia and Vietnam….

…I look at many things to track sentiment. In terms of Gold we have COTs and various sentiment surveys among other things. The ISE put-call data has been the most reliable…

…Bottom line: Call me a broken record, but I remain wildly bullish on Gold and Gold stocks at current levels. I still believe we will be making new highs in the Gold price and Gold stock indices before the spring is over….

..Gold is a time-proven wealth preserving asset in periods of economic depression. Government-sponsored cash is also a time-proven wealth preserving asset in such periods as long as your timing is right. In other words, as long as you get rid of the government cash….

For this exclusive interview, The Gold Report caught up with Kaiser Bottom-Fish Report editor John Kaiser on the last day of the 2010 PDAC last week in Toronto. John finds that the bigger the event gets, the more patience and effort it seems to take, but those who are persistent and willing to dig can still cart away useful information and insights. Read on as he shares his takeaways…..

….Here is a quick video I did of my trade in gold on March 9th. This video shows a trade using the 5 minute spot gold chart profiting $6.00 per ounce with minimal downside risk….

…..Some of our recently entered positions were stopped out at breakeven this week. But as long as we remain on a major buy signal and the cycle is up, we continue to look for set ups to accumulate positions, while managing risk at the same time….

…”The greatest bull market in history, beginning in 1982,” he says, has trained people “to believe things will do well and get better”—training he considers lethal—and conditioned them to “buy the dips.”….

…Investors and newsletter writers (we among them) have long speculated that China has a pressing need to start buying gold to reduce its giant hoard of U.S. dollars. We conjectured that China might buy the 191.3 tons that the IMF wants to sell. After all, what could be more logical than to buy the gold off-market?…

…Interestingly, the best value is now at the very bottom of the food chain. Some people call these the crap juniors or the garbage juniors. I refer to them as the lower tier juniors…

Great post from “Gordon Gekko” at Zero Hedge….