Gold

The precious metals complex is moving closer to a bottom, but it’s not there yet…

Precious Metals continue to be in a long bottoming process that began last summer. Though many quality juniors have already bottomed and while GDX, GDXJ and SIL probably won’t see new lows, the broad sector as a whole is struggling to push out of this long bottoming process. Traders always say price is all that … Continue reading

Briefly: In our opinion speculative short positions (half) are justified from the risk/reward perspective for gold, silver, and mining stocks.

Gold kicked off the week at just over $1300 before declining to a low of $1278 yesterday.

The boom/bust cycle is caused by fractional reserve banking.

Briefly: In our opinion no speculative positions are justified from the risk/reward perspective.

This video focuses on inflation, commodities, commodity stocks and Gold and gold stocks….

Gold is now extremely oversold, with emotional opinion in paper markets unanimously bearish.

In the two months since my last update on USD Fiat Money Quantity, it has increased by $292bn to $12.861 trillion and is still growing rapidly as shown in the chart below.

Yesterday’s price action in the precious metals market might seem perplexing to some investors and there’s good reason for it.