Video Update

In this video we comment and analyze two sentiment indicators: Sentimentrader.com’s Gold Optix and the net speculative position as part of the CoT. We assess these indicators as compared to the other major sentiment lows of 2001, 2013, late 2015 and 2018. Click Here to Learn About TheDailyGold Premium

The Federal Reserve’s preferred yield spread, the 3-month to 10-year yield inverted today. In the last 55 years there have been 8 previous inversions and 8 recessions. This yield spread is an even better indicator of recession than the 2-year to 10-year spread. According to Barry Bannister, head strategist at Stifel, the median and average … Continue reading

Commodity prices recently broke out to a new all time high for the first time in a decade. This is typically a signal of a new secular bull market in commodities and it coincides with a new secular bear market in stocks. Click Here to Learn About TheDailyGold Premium

In this video, we look at historical performance of Gold and the stock market in order to determine when the two assets will decouple. Click Here to Learn About TheDailyGold Premium

Gold and Silver had rough weeks, losing 3.5% and 10% respectively while the stock market was down only some 1.5%. The CPI reading days ago reiterated that the Fed has more tightening to do and so recession concerns were mitigated, at least temporarily. In this video we discuss potential downside targets for Gold, Silver, GDX … Continue reading

Considering the surging US Dollar and the sharp rise in the real TIPS 10-year yield (which according to studies is the best correlation Gold performance) Gold has held up better than expected. Historical comparisons suggest Gold has held up better than during 2008 and much better than in 2013. Click Here to Learn About TheDailyGold … Continue reading

Precious Metals have enjoyed a very strong rally since early last week. Previously when Gold broke $1675, we noted the non-confirmations of the breakdown. These included Silver not breaking down and Gold not breaking down in real terms. There are quite a few positives for the stocks. The GDX advance decline line is showing its … Continue reading

Last week the S&P 500 broke what I consider the most critical moving average, which is often a signal for secular trends. Although the S&P broke that average and fell to a new low, Gold rebounded and GDX and GDXJ gained 7.5% and 9%. The question is if Gold and gold stocks can continue this … Continue reading

Gold’s cup and handle pattern is broken from the standpoint of a potential breakout in the next 6 to 9 months that could launch it to the initial target of $3000. However, the cup is 9 years long and the handle typically requires one third of the time or longer. That puts a breakout in … Continue reading

In this video we look at the history of the stock market losing and then failing at its 20-month moving average as well as the current downside potential and where the next bottom could be. Click Here to Learn About TheDailyGold Premium