Commentaries

By Jack Chan at www.simplyprofits.org 06/19/2010 GLD – on buy signal. SLV – on buy signal. GDX – on buy signal. XGD.TO – on buy signal. Summary Long term – on major buy signal. Short term – on buy signals. We continue to hold our core positions, and adding to positions. Disclosure We do not … Continue reading

Source: Brian Sylvester of The Gold Report 6/18/10 http://www.theaureport.com/cs/user/print/na/6573 The U.S. dollar may only look good because its fiat currency brethren look bad, but declining confidence in paper money has thrust gold toward a position it hasn’t enjoyed for a century or so— freedom from its seesaw relationship with the U.S. dollar. In this exclusive … Continue reading

1. Gold blasted out of the ascending triangle I highlighted this morning right before the breakout. 2. GOLD ASCENDING TRIANGLE 3. Gold blasted off leaving a crowd of top callers and gold worriers behind.  The target of the triangle is 1320. The worst traders I know are pretty much out of gold. 4. The reality … Continue reading

It is not exactly groundbreaking analysis to say that whats good for Gold is generally good for Silver. As observers of the precious metals know, Silver tends to lag Gold but eventually catch up quickly. In the long-term sense, Silver is still a year or two behind Gold as Gold has broken above all resistance … Continue reading

This essay is based on the Premium Update posted on June 18th, 2010 Back in early 2000, during the euphoria of what later became known as the Dot.Com Bubble, one well-known professional investor stuck his neck out and predicted the bursting of that bubble. Jeremy Grantham was a bit early and was willing to give … Continue reading

The True Strength Index is a low lag-time momentum indicator that can be used at www.FreeStockCharts.com.  Generally, it is bullish when the indicator is above ZERO and bearish when it is below ZERO.  As the indicator is very sensitive and responsive to movements of price, it can be effectively interpreted for buy and sell decisions. … Continue reading

By Sean E. Blair Hello All, GOLD – Below the market there are some lows on the Weekly Bar Chart that are rather close together. The arrows point to the lows of the bars where the Sell Stops are.Although it is difficult to predict exactly when these lows will be taken out, I would suggest … Continue reading

It’s been a bright week so far for stocks and commodities. It appears that the down trend could have ended as of yesterday (Tuesday June 15th). In this mid-week report I figured I would bring back the 80’s colors to see if I can spice things up! Below are some charts I did showing my … Continue reading

Another month and another release of UK inflation data at far above the Bank of England’s target of 2% and above the upper limit of the Banks 1% to 3% range by reporting CPI of +3.4% for May. Thus the BoE Governor, Mervyn King will write another letter to repeat that the high rate of … Continue reading

By Neil Charnock www.goldoz.com.au Europe is not “all better” by a long shot and the net result will be more turmoil and attraction to gold as a safe haven investment.  Volatility is the other most important trend this year as we ebb and flow between risk aversion and risk appetite. Each new “revelation” about German … Continue reading