Gold

Gold and gold stocks bounced to end the week thanks to an oversold condition coupled with a softer than expected jobs report which likely delays Fed action until December. At one point this past week the market had priced in a 64% chance of a single rate hike by December and a 42% chance of … Continue reading

Mike and I discuss the current correction in the precious metals sector….

Take a look at this brief video…

..Gold remains strong against foreign currencies and that often is a leading indicator for the sector at large…

Gold and Gold Stocks are trading at or below some resistance….

TheDailyGold Podcast is back…

Updated bull analogs for Gold, gold stocks and junior gold stocks…

Why buy juniors instead of JNUG…

My favorite indicator for real time Gold demand is the amount of Gold in the GLD and its fluctuations over time. As we wrote in our book, the driving force for Gold is investment demand which is driven by changes in real interest rates. Western-based investment demand from big money (i.e Stan Druckenmiller and George … Continue reading

Our research continues to argue that the current, record rebound in gold stocks will continue. Every time we’ve predicted a correction, the weakness in the sector has been only a fraction of what we expected in both price and time. New bull markets that follow epic bear markets typically show exceptional strength in their first … Continue reading

We discuss potential downside support targets for Gold and gold stocks…

Jason Zweig, who a year ago called Gold a “pet rock” is doubling down. He reiterates his belief, albeit a misguided one that Gold is a pet rock and justifies it with the usual anti gold bug propaganda. Unfortunately, Zweig along with many gold-bashers and ironically some gold bugs continue to either neglect Gold’s major … Continue reading