Commentaries

Reprinted from Short Side of Long Blog Before I start writing about Gold Miners, which is the topic of today’s article on the blog, I would like to lead into the story with a currency introduction. I have been a bear on the US Dollar since middle of January 2012 (Articles: Dollar Rally Ending – Part … Continue reading

The struggle of the mining stocks has surprised many including us. We thought record profits and a bullish environment would catapult the miners out of a consolidation and into a major breakout. The perception of an enduring recovery and the endurance and persistence of the wall of worry stage has left the gold stocks unloved … Continue reading

The last time I called an important bottom in the precious metals sector was on December 29, 2011 (as documented here). Well, it’s time for another important bottom. I believe the late December lows in the precious metals (PM) sector were THE lows for the metals, for the GDXJ ETF (a rough representation of the … Continue reading

It’s tough being a lone voice saying that gold prices will go up when they have tumbled and the financial press is writing obituaries for the gold bull market

 GDX gained  by 2.09% while GDXJ gained  by 2.58%  and SIL gained  by 2.44% Here are today’s best performing Silver and Gold stocks:

We use our own proprietary indexes to help us and subscribers track these markets. The Gold index was up 2%  today and the Silver index up 4% . Here is the Gold index as of yesterday: Here is the Silver index as of yesterday:  

Today was a down day for the Precious Metals Sector. GDX declined by -2.03% while GDXJ declined by -2.28% and SIL  declined by -2.94%   Here are today’s worst performing Silver and Gold stocks:

The broad market, supported by the glorified boiler rooms on Wall Street, the glorified infomercials in the mainstream financial media and the glorified monetary clerks at the Fed, operates to its own set of rules and cycles.  For instance, now we have conventional investors who used make cracks about their 401k’s becoming 201k’s actually becoming … Continue reading

 GDX fell by -0.20% while GDXJ fell  by  -1.01% and SIL fell by 0.88% Here are today’s best performing Silver and Gold stocks:

According to a Bloomberg survey at a precious metals conference this week, gold is poised for a 21 percent gain in 2012, extending its bull market to 12 consecutive years. Bullion may rise to $1,897 an ounce in New York by Dec. 31 from $1,566.80 at the end of 2011.