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We Discuss Gold and Gold Stocks with Palisade Radio
My latest comments on precious metals amid the recent carnage…
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My latest comments on precious metals amid the recent carnage…
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A 5-minute video update covering gold stocks…
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There were some hopes that a non-move by the Fed would end the current correction in precious metals and spark a move to new highs. Unfortunately, the Federal Reserve cannot override the supply and demand component of the market. Gold and gold stocks popped higher but less than two days later the sector (and specifically … Continue reading
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The interview was conducted at the Precious Metals Summit in Beaver Creek…
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A look at the CPI and its components…
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Gold stocks remain in correction mode and we believe the odds favor downside before upside. This video update contains three charts.
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My most recent interview…
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The failure of Gold and gold stocks to sustain recent gains coupled with a strong selloff to close the week dashes any hope that the correction ended last week. The charts and probabilities argue that the sector remains in a larger correction and perhaps has started the C portion of a typical A-B-C (down-up-down) correction. … Continue reading
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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
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Mike and I discuss the current correction in the precious metals sector….