Commentaries

2011 certainly was a difficult year for gold bugs. Gold barely held onto its gains for the year while Silver went parabolic and eventually fell to negative on the year. Mining stocks? Don’t ask. The large caps (gdx) are currently down 17% on the year while the mid-tiers (gdxj) are down 41% and the explorers … Continue reading

We are on the cusp of a new year, and this is the time that we take a look at those brave (or foolhardy) financial analysts who take out their crystal ball and predict where precious metal prices will go in 2012.

Rarely has such technical destruction been visited on stalwart sectors such as gold, silver and the mining stocks(GDX).

With the move below $1535 this morning gold has confirmed that it is still moving down into a D-Wave bottom. There has been some question as to whether or not the D-Wave had bottomed in September. The penetration of that intermediate low this morning confirms that the D-Wave did not end during the overnight selloff on September 26.

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Held captive by the low volume holiday week, gold sector investors look as if they will get dunked again upon the US market open today.  There are a few different potential scenarios in play with regard to the gold stocks, but gold itself has been pretty clear since the momentum-fueled ‘channel buster up’ last summer. … Continue reading

James West isn’t interested in timing the precious metals market—that’s a good way to end up butchering perfectly good investments. As the editor of The Midas Letter and portfolio advisor of the Midas Letter Opportunity Fund, West doesn’t even check the daily trading of the stocks he’s following. He’s more interested in making sure … Continue reading

Are Bonds about to plunge? And if so (or if not), what are the implications for stocks and precious metals?

“The American economy has enjoyed … low-hanging fruit since at least the 17th century, whether it be free land, … immigrant labor, or powerful new technologies

Weekly Gold Review