Gold

Read why Erik Swarts believes the commodity supercycle is about to be re-ignited…

Gold and gold miners have rebounded but remain in a technically weak position. Both markets have failed to move beyond the highs made last Friday. The same happened to the gold stocks in early October. They exploded higher one day but failed to muster anything after that. At that time Gold continued its rally for … Continue reading

While I remain fully hedged in Silver and also continue to hold my naked short positions in Gold, I believe that….

In this update we focus on Gold…

While I eventually see huge upside for both precious metals in the coming years, I do admit that the current trend is lower and the correction needs to bottom out first…

Precious metals are very oversold but the bear market is not over yet. More downside is ahead…

I believe that the long term secular bull market in this sector is not yet finished, especially the way central banks continue to act with currency devaluations. However….

Several weeks ago the entire precious metals space was extremely oversold and due for at the least, a reflex rally. Gold was down in nine of twelve weeks with Silver down in eleven of those twelve weeks. The miners experienced a nasty September and were down five consecutive weeks. With Gold rallying from $1185 to … Continue reading

Here is our brief analysis of Gold, Silver and the HUI Gold Bugs Index….  

We discuss short-term thoughts on Gold, Silver and the mining stocks….