Silver

The precious metals sector has held recent lows and a rebound is underway. Gold held $1080/oz for three straight weeks and has pushed as high as $1126/oz this week. The gold miners (GDX and GDXJ) surged the first half of the week and Silver has also gained. We believe that this move is more likely … Continue reading

After falling for weeks, breaking to new lows and constantly being regarded as a useless asset…

Recently we’ve been writing about the downside potential in precious metals and the danger for precious metals bulls. The gold miners and Silver have led the rout while Gold finally cracked support ($1140-$1150/oz) last week. That led to a severe selloff across the complex. As we pen this on Thursday evening it appears Friday could … Continue reading

Full time professional trader Dan Norcini discusses his near term outlook for precious metals.  

Where is the support for Gold, Silver & Gold Miners..?

Will metals test last week’s lows?…

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