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After falling for weeks, breaking to new lows and constantly being regarded as a useless asset…

From ShortSideofLong:   S&P is now on the verge of breaking its tight range and trading below the 200 day MA Source: Bar Chart   Will it or won’t it? We have been discussing S&P 500 over the last few months on this blog and focusing on whether the US large cap index will finally drop below … Continue reading

Gold miners are the cheapest ever relative to Gold and now are inches away from being the cheapest ever relative to the S&P 500. Note how similar the past four years are to the period of 1996-2000.    

The precious metals complex has attempted to stabilize over the past few weeks. Some markets have had more success than others. Gold has been able to hold $1080/oz while GDXJ has also held its recent low. The large cap indices (GDX, XAU, HUI) have grinded lower to new bear market lows this week. This leads … Continue reading

Gold remains in a $1080-$1100 range. Which way will it break?    

..Eventually, they will become so cheap, that a bottom will be formed…

Chart of the Day…

We discuss in our video update…

Recently we’ve been writing about the downside potential in precious metals and the danger for precious metals bulls. The gold miners and Silver have led the rout while Gold finally cracked support ($1140-$1150/oz) last week. That led to a severe selloff across the complex. As we pen this on Thursday evening it appears Friday could … Continue reading

This interview was conducted Tuesday. We share our latest thoughts on the precious metals sector. Go Here to listen to the mp3 file at Mike Swanson’s website. Here is the interview on our YouTube Channel….