Gold Stocks

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What’s Next for Precious Metals?

As predicted, precious metals have been weak as of late. During the price reversals in early July, I warned that sentiment became overly optimistic while prices remained in a technical downtrend. Even though I hold large core Silver investment, I decided that a smart thing to do was to hedge this investment with Gold and … Continue reading

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Miners Next Move: Breakout or Breakdown?

We’ve been very bullish on the miners since January but became concerned recently with the poor technical action in the metals (specifically Gold). Last month the mining indices were very close to a major breakout yet couldn’t punch through. This signaled that Gold could begin a deeper decline and the miners would be vulnerable. However, … Continue reading

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The Miners Lead a Rising Tide

The asset relationships we have focused on over the past several weeks, is showing patterned replication in its leading proxy (precious metals miners)….

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More Weakness Ahead for the Miners

No pain, no gain. That is one comment regarding this seemingly terminal bottoming process in the precious metals complex. Multiple times as soon as conditions have strengthened enough for us to anticipate a breakout, the miners have put in a bearish reversal. At the same time, the metals and especially Gold have failed to gain … Continue reading

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Gold & Silver Stocks: It’s Old Turkey Time!

Those familiar with Jesse Livermore and the book Reminiscences of a Stock Operator know who Old Turkey is. He was Mr. Partridge, an old trader who dispensed great wisdom in few words. Those at the office nicknamed him Turkey because of the way in which he strutted around with his chest puffed out. Livermore gleaned … Continue reading

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