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Brent Cook answers the question in this video with Kitco…

We’ve believed that Gold would need to break $1100 before we thought a bottom could start to develop. While that could still be the case, we are starting to see building evidence that precious metals could be forming a bottom. In the past we’ve written about the importance of Gold’s performance against other asset classes. … Continue reading

I would like to make one final observation. Just for one second, think about this….

There is no Gold bear market outside of the USA…

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Here are some comments on recent action. This video analysis was filmed on Thursday, December 4.  

So finally, let me be crystal clear here without mincing my words….

Chart 1: Gold’s wedge is reversing its course as it tries to rally upward!   Source: Short Side of Long   Let us be honest here for a second. Almost every Wall Street Strategists has been expecting Gold below $1,100 this year and even below $1,000 next year. Every trade has been positioning for the breakdown … Continue reading

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Past performance does not guarantee future performance, as they say, but Jordan Roy-Byrne, CMT, editor and publisher of The Daily Gold Premium, is persuaded that the bottom in gold is no more than a couple of months away. And after that, look out. In this interview with The Gold Report, Roy-Byrne says that his study of gold’s history explains … Continue reading