Posted on
Video: Gold Stocks Next Low in October..?
A 5-minute video update covering gold stocks…
Posted on
A 5-minute video update covering gold stocks…
Posted on
Gold stocks remain in correction mode and we believe the odds favor downside before upside. This video update contains three charts.
Posted on
The failure of Gold and gold stocks to sustain recent gains coupled with a strong selloff to close the week dashes any hope that the correction ended last week. The charts and probabilities argue that the sector remains in a larger correction and perhaps has started the C portion of a typical A-B-C (down-up-down) correction. … Continue reading
Posted on
Gold and gold stocks bounced to end the week thanks to an oversold condition coupled with a softer than expected jobs report which likely delays Fed action until December. At one point this past week the market had priced in a 64% chance of a single rate hike by December and a 42% chance of … Continue reading
Posted on
Mike and I discuss the current correction in the precious metals sector….
Posted on
Last week we projected 5% to 10% downside in the gold stocks. Well, not to butter my own bread but GDX and GDXJ both lost 9% on the week. That being said, I believed that the weakness would be limited and miners could rebound to new highs in September. While that possibility remains, there is … Continue reading
Posted on
The gold stocks are trading around their highs but have failed to breakout this August. Is that due to the dog days of summer, the upcoming Fed conference or something else? We aren’t sure and don’t think it matters a great deal anyway. With that said, let’s delve into the current technicals. The weekly … Continue reading
Posted on
Gold and Gold Stocks are trading at or below some resistance….
Posted on
Why buy juniors instead of JNUG…
Posted on
My favorite indicator for real time Gold demand is the amount of Gold in the GLD and its fluctuations over time. As we wrote in our book, the driving force for Gold is investment demand which is driven by changes in real interest rates. Western-based investment demand from big money (i.e Stan Druckenmiller and George … Continue reading