Silver

The precious metals sector is enduring losses for the third straight week. The gold miners and Silver have led the way down, though Silver has rallied over the past two sessions. Gold has also rallied yet remains dangerously close to making a new weekly low for the bear market. While the metals recovered some losses … Continue reading

A look at Gold, Gold’s bear market, Gold sentiment & US equities…

Hong Kong fund manager Tiho Brkan has understood this bear market in precious metals as well as anyone else I’m aware of. That is why we interview him regularly. Listen below for his latest insights..  

Gold and Silver rebounded following the Fed minutes released last Wednesday. However, one week later both metals are back below pre-Fed levels and moving dangerously close to important support. Silver fell 2% on Tuesday to $15.81/oz, which is only 2.2% above its lowest weekly close of $15.46 which occurred seven months ago. Meanwhile, Gold closed … Continue reading

Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold bounced from $1162/oz and could close near $1170/oz while Silver traded below $16/oz and may close at $16/oz right on the dot. Both metals are now dangerously close to their … Continue reading

Last week we wrote that the precious metals complex had not broken out yet and had more work to do before it could attempt a true breakout. The metals had some more upside and so did the shares. However, the poor performance of the shares this past week could warn of a larger reversal. … Continue reading

There is some talk among traders about precious metals breaking out. Silver broke a trendline dating back to summer 2011 and will make its highest weekly close in more than three months. Gold will make its highest weekly close in three months and gold miners had a very strong week. However, do these moves really … Continue reading

Is this the final bottom or just another short squeeze before another leg down?…

Today’s chart of the day focuses on the current bear market in Silver…

Our latest comments on Gold & Gold Stocks…

A technical update on precious metals…

The precious metals complex has established support & resistance….