Technicals for Gold Miners Remain Weak

Last week we wrote that precious metals should see upside follow through but to be wary of the 200-day moving averages and February highs before becoming excited. The metals did follow through as Gold gained 1.5% and Silver gained 1.9% (for the week) but the miners disappointed. GDX gained only 1.1% while GDXJ finished in … Continue reading “Technicals for Gold Miners Remain Weak”

Precious Metals and 200-Day Moving Averages

The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5% for the week. Gold gained 2.4% on the week while Silver gained 2.9%. The miners enjoyed massive gains following the previous two rate hikes and … Continue reading “Precious Metals and 200-Day Moving Averages”

Mickey Fulp Comments on Metals & Shares a Stock Pick

Mickey Fulp, the Mercenary Geologist, comments on a number of metals markets including Gold, Copper, Uranium and even Phosphate…

Underperformance in Gold Stocks Argues for Interim Peak

The early stages of Gold bull markets (this one included) are characterized by strong outperformance from the miners. They will lead the metals and turning points and register strong outperformance. We saw that in the early 2000s, late 2008 to early 2009 and we have seen it again over the past year. During the recent … Continue reading “Underperformance in Gold Stocks Argues for Interim Peak”

Greg Weldon Analyzes Gold, Silver, Currencies & More

Listen Here…. Play / pause 1x 1.5x 2x 0:00 0:00 27:31 volume Greg Weldon Analyzes Gold, Silver, Currencies & More iTunesGoogle PlayShare Leave a ReviewClammr ItListen in a New WindowDownloadSoundCloudStitcherSubscribe on AndroidSubscribe via RSS Powered by the Simple Podcast Press Player   Gregory Thomas Weldon is in his 31st year observing and analyzing the global … Continue reading “Greg Weldon Analyzes Gold, Silver, Currencies & More”

Gold’s Fundamentals Strengthen

The January headline consumer price index (CPI) came in at 2.5%, which is near a 5-year high. What happened to deflation? As a result, real interest rates declined deeper into negative territory or in the case of the 10-year yield, went from positive to negative. No this isn’t a commodity-driven story. The core CPI (ex … Continue reading “Gold’s Fundamentals Strengthen”

Dan Norcini Shares Traders Perspective on Gold & Silver

Dan Norcini joins us to analyze factors driving Gold & Silver…

Gold & Gold Stocks Hit Upside Targets. Now What?

The precious metals sector has reached the upside targets we’ve written about since the start of 2017. Gold has touched almost $1250/oz ($1246/oz high) while GDXJ exceeded our $41 target and GDX nearly reached $26. The glass half empty case is the sector is now at strong resistance levels and any immediate upside will be … Continue reading “Gold & Gold Stocks Hit Upside Targets. Now What?”

Video: Gold Follows Gold Stocks Higher

Gold reversed its breakdown and followed the miners higher. GDXJ is leading. We update our targets and discuss Gold’s performance in relative terms. Click Here to Learn More About & Subscribe to Our Premium Service  

Weaker US$ Could Send Gold & Gold Stocks to Higher Targets

Gold has underperformed both in nominal and real terms. Last week it formed a bearish reversal in nominal terms and against foreign currencies. However, the good news for bulls is the US Dollar Index lost support at 100, due to the Trump administration’s tough talk against Germany (and the Euro). Couple that with no movement … Continue reading “Weaker US$ Could Send Gold & Gold Stocks to Higher Targets”

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