Commentaries

Weekly Gold Review

All eyes are on Greece which is heading toward national elections six weeks after the last vote

Once every year gold and stocks form a major yearly cycle low.

GDX gained by 4.50% while GDXJ gained by 3.97%  and SIL  gained by 2.62% Today’s best performing silver and gold stocks:

Around the year 1650 A.D. the word highwaymen entered our language.

Even after the blow off in silver and gold’s euro hysteria-induced blow off I did not expect a repeat of the 2008 crash in the HUI Gold Bugs index to happen given the state of the real price of gold (RPG) today as compared to the run up to 2008.  Wrong sir, the black boxes … Continue reading

Why Read:  Because now that Spain’s economic woes are close to the center of world economic attention you need to focus on Italy – while still keeping Greece, Portugal, Spain and the Netherlands squarely on your ever more crowded radar screen. Featured Article:  A May 15 article focuses on Italy’s current debt levels and debt … Continue reading

We now have a Bullish Extreme in the USD. Over the last 5 years, Bullish extremes have been very good indicators that a top was within a hand’s reach.

So far, 10 European political leaders out of 17 have been ousted out of office like a falling dominos in a little more than a year.

There are signs in the recent jobs and ISM reports that the previously inflated economy is decelerating. Late last week, the clown running JP Morgan said stupid things about the smart [read: talented] people he has running his high risk trading operations. Europe is of course front and center as it continues to fall apart, … Continue reading