Commentaries

Back in mid April on Kitco.com I wrote a market forecast calling for a top in the SP 500 index and an ABC correction.  Since that time I had one intervening update on both Gold and the SP 500 index, and this is a June 5th follow-up. Gold should continue to back and fill as … Continue reading

It was another extremely volatile week sharp rallies followed by sharp sell offs. Fear is in no doubt controlling the market. The bulls and bears continue to battle it out. The charts below cover some important trends and market internals I pay attention to on a daily basis. US Dollar Index – Daily Chart The … Continue reading

One of the reasons I’m fascinated by markets is because it reveals a lot about human nature and our inherent biases. Most people don’t come into the markets with a rational and empirical mindset supported by hard data; they are too busy watching TV all day. This is fine by me because it is human irrationality … Continue reading

By Jack Chan at www.simplyprofits.org 06/05/2010 GLD – on sell signal. SLV – sell signal this week. GDX – on sell signal. XGD.TO – on sell signal. Summary Long term – on major buy signal. Short term – on sell signals. We continue to hold our core positions, now hedged to protect profits. Disclosure We … Continue reading

Will the laws and rules in place to protect individuals in their attempt to set something aside for retirement be safeguarded by the representatives elected to advocate for them in Washington?….

Source: Brian Sylvester of The Gold Report 6/04/2010 Sprott Asset Management’s Charles Oliver not only makes some bold predictions in this exclusive interview with The Gold Report, he backs them up. “I expect gold to be at $2,000 roughly two years from today. . .if I’m wrong I’ll shave the hair off my head,” Oliver … Continue reading

This essay is based on the Premium Update posted on May 28th, 2010 In our previous essay we’ve commented on the precious metals stocks, and since that time we’ve received many questions about the yellow metal itself, we would like to provide you with a more information regarding that particular topic. Let’s begin with the … Continue reading

Was looking for smaller producers to replace the departed JAG, and once again went to review the GDXJ junior gold miner eft’s holdings and I realized that I will be best to pick my own explorers and juniors. I then went and reviewed the GDX gold miner etf’s holdings. Much more to my liking and … Continue reading

In my opinion, the GSR trumps sentiment (which is very bearish and in a contrarian way, potentially bullish). But the GSR is very scary right now and is not to be argued with…..