Commentaries

Recently, the gold (GDX) and silver (SIL) miners have been outperforming the S&P 500, indicating that we may be seeing the rotation from overvalued equities into the undervalued miners.

The reasons for the gold’s decline given in the press were a case of “round up the usual suspects.”

Weekly Gold Review

There is all the talk of Greece leaving the eurozone and we are already seeing a slow-motion runs on Greek banks.

Since the beginning of the year we have seen increasing levels of interest in Turkey’s gold market.

We are witnessing a few cautionary signs that indicate a radically overbought U.S. equity and bond market.

Gold, traditionally a safe-haven asset, has been moving in tandem with riskier assets such as equities, industrial metals and oil this year, as investors for some reason which is difficult to fathom, have turned to the supposed “safety” of the dollar.

s time to update our long-term weekly charts showing how the gold sector, as represented by the Barrons Gold Mining Index (BGMI), has performed in US$ terms, gold bullion terms and S&P500 (SPX) terms.

Since the original article was very long, I hereby provide an excerpt of the article “Gold Tripple Bottom & Stocks Oversold (Short Term) – Now What?”

Last April gold investment analysts where excited to see a new institutional player enter the gold market.