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At the end of December we posted a commentary titled “Three Things that could Halt Gold’s Run.” We theorized that strength in conventional markets pressures Gold. When stocks perform well, mainstream gurus and stock jocks can ignore Gold. Here is a snippet of our comment: Currently, stocks are performing well as are commodities led by … Continue reading

Jason Burack joins us to put the recent volatility in perspective. Jason Burack is an Investor, Entrepreneur, Financial Historian, Austrian School Economist, and Contrarian. Jason co-founded the startup investor education and financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, … Continue reading

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The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold trade,” as if its an aberration that needs to be reversed or corrected. That aside, we know … Continue reading

Gold is stuck between a bottom of $1310 and resistance at $1350. It has tested $1350 six of the past seven trading days. Should it breakthrough then we’d turn our focus to $1380 as the next key resistance. Silver is performing better. It held $26.50 last week (clear support dating back to November) and has … Continue reading

Dave Skarica joined me to discuss Gold and the gold stocks and the possibility of a bottom in the coming days. This was recorded Monday evening. David Skarica is the founder and Editor of the newsletter Addicted to Profits and is the editor of a Gold service published by Newsmax. Skarica entered the financial markets … Continue reading

There are many ways to measure market sentiment. We use surveys, put-call ratios, fund flows data and for commodities especially, the commitment of traders reports (COT). Lately, we’ve noted the improving sentiment picture for Gold. As a market weakens sentiment will naturally become less bullish. In this case, sentiment has weakened considerably yet Gold is … Continue reading

In covering the gold sector for my premium subscribers, I have noticed something lately. The large-caps really suck! Ok, that is harsh but it is the truth. In the chart below I show the large-cap indices. What do you see? The Dow Jones Precious Metals Index hasn’t gone anywhere for five years, while Gold has … Continue reading

An upward sloping consolidation in Gold that began in October has, despite a lack of any real losses, been enough to improve various sentiment indicators. Mark Hulbert of MarketWatch gives an update on his Gold sentiment indicator: Consider the average recommended gold market exposure among a subset of short-term gold market timers tracked by the … Continue reading

Yesterday I came across a clip from one of the business channels. The discussion was about “king dollar” and Gold. (The king dollar probably gives it away). Anyway, one of the guests quipped, “I’m on record that Gold is a dumb trade. It is rising based on fear and confusion  and when that subsides, the … Continue reading