GDX

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Want Leverage to Gold and Silver? Avoid the Large-Caps

Days ago I was watching Peter Schiff on Yahoo Tech Ticker. Normally, I find myself in agreement with Schiff. This time, however I disagreed with his comments on the gold stocks. He was saying to buy GDX because the large-cap stocks were priced for a decline in Gold. He also said the speculative juniors were … Continue reading

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Institutional Money Hasn’t Participated in Recent Gold Advance

In regards to technical analysis, we usually discuss (in our public commentaries) price patterns, intermarket relationships and sentiment. I can’t remember I wrote something about volume. This may be the first. Volume can be interpreted in a number of ways which can make it less reliable in my opinion. However, in today’s commentary we want … Continue reading

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Correction in Precious Metals – How Low and How Long?

  This essay is based on the Premium Update posted on October 8th, 2010 The International Monetary Fund’s annual meeting at the weekend failed to ease currency battles roiling markets, pushing the dispute off to a summit next month of leaders of Group of 20 countries, with no clear resolution in sight. Meanwhile, the lines … Continue reading

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Junior Gold Mining Stocks Surge

Another update of the chart below that last appeared in this section about four months ago (see Volume V, Issue 22) is in order after the recent rise in the price of gold to a new all-time high, the surge in gold and silver mining stocks in general, and the near vertical course that has … Continue reading

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Precious Metals: Your Game Plan Going Forward

In our last commentary we quickly covered the current outlook of Gold, Silver, the mining shares and the juniors. The breakout in the sector continued today as Gold reached a new high and the mining shares (as per the HUI or GDX) closed near a nine or ten month high. The juniors (GDXJ) and Silver … Continue reading

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Why Gold Stocks are Certain to Go Higher

Certain may not be the best word to use in a post-bubble world. Is anything truly certain? Ok maybe not. If you don’t like certain then lets replace it with “highly probable.” So why is it highly probable that gold stocks will go higher? Let me digress for a moment. Making big money isn’t all … Continue reading

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