Commentaries

This week’s events are like theater, with shades of a Greek tragedy. In a play the audience knows that if there is a gun in the first act, it will be fired in the third. Now we’re in the second act and so far, the plot is predictable. The script was written back in 2008 when the subprime crisis hit.

GDX declinedby -0.84% while GDXJ gained by -0.84%  and SIL   declined by -1.49%   Here are today’s best  performing Silver and Gold stocks:   Here are today’s worst  performing Silver  and Gold stocks:

Italy has wrestled Greece out of the top spot in the Euro Trash Sweepstakes and I wonder if the gold-silver ratio will finally turn up from its consolidation.  If so, liquidity is going to go bye bye.  But aside from the ifs – as in ‘I wonder if the US Fed is going to … Continue reading

Gold is in a bull market and so are the gold stocks despite their struggle as a group to outperform Gold. This is nothing new though. We’ve written about this in the past and Steve Saville has before us. Nevertheless, the miners are in a secular bull market and investors need to pick better stocks … Continue reading

Weekly Gold Preview

Is Greece the canary in the coal mine? Less than a week after European leaders crossed the T’s and dotted the I’s on the debt-restructuring plan for Greece, the prime minister’s ruling party called for a surprise referendum on the E.U. debt deal.

Gold’s nominal price worked off the euro hysteria excess for the most part, and its real price (vs. broad commodities) is still healthy and back up against resistance.  A rising real price of gold is of course generally indicative of economic deceleration and bad market stuff.  More and more the indicators are pointing to … Continue reading

Great Post from the Short Side of Long: I’m not really sure if you want to classify Gold and Silver as commodities or currencies – that is upto you. I am a strong believer that these two assets are in a secular bull market that will eventually go so high, even I will be surprised… … Continue reading

Last week we discussed the concept of relative strength. Again, relative strength is the measuring of one market against another. There are perhaps 1000 mining companies and maybe 5% of them are worthy of your research and investment. Fundamental analysis should lead you to the best companies while technical analysis (relative strength analysis in this … Continue reading

Weekly Gold Review