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The precious metals sector has held recent lows and a rebound is underway. Gold held $1080/oz for three straight weeks and has pushed as high as $1126/oz this week. The gold miners (GDX and GDXJ) surged the first half of the week and Silver has also gained. We believe that this move is more likely … Continue reading
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We discuss in our video update…
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Recently we’ve been writing about the downside potential in precious metals and the danger for precious metals bulls. The gold miners and Silver have led the rout while Gold finally cracked support ($1140-$1150/oz) last week. That led to a severe selloff across the complex. As we pen this on Thursday evening it appears Friday could … Continue reading
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Full time professional trader Dan Norcini discusses his near term outlook for precious metals.
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Where is the support for Gold, Silver & Gold Miners..?
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The precious metals sector is enduring losses for the third straight week. The gold miners and Silver have led the way down, though Silver has rallied over the past two sessions. Gold has also rallied yet remains dangerously close to making a new weekly low for the bear market. While the metals recovered some losses … Continue reading
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A look at Gold, Gold’s bear market, Gold sentiment & US equities…
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Hong Kong fund manager Tiho Brkan has understood this bear market in precious metals as well as anyone else I’m aware of. That is why we interview him regularly. Listen below for his latest insights..
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Everyone knows that this has been a devastating bear market for the gold mining sector. If you have followed our work you know that it is the second worst cyclical bear market in at least 80 years. Obviously, gold mining stocks have been crushed. Then they became cheaper, then cheaper and then really cheap. Yet, … Continue reading
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Our latest comments on Gold & Gold Stocks…
