Silver

Silver has broken below $15…

Gold’s reversal from $1130 to $1200 combined with sharp rebounds in the gold miners has given precious metals bulls some hope that the bottom may be in. A few weeks ago we noted that the sector was extremely oversold and a snapback rally could begin. Gold has been the tell for the bear market and … Continue reading

While I remain fully hedged in Silver and also continue to hold my naked short positions in Gold, I believe that….

While I eventually see huge upside for both precious metals in the coming years, I do admit that the current trend is lower and the correction needs to bottom out first…

Precious metals are very oversold but the bear market is not over yet. More downside is ahead…

I believe that the long term secular bull market in this sector is not yet finished, especially the way central banks continue to act with currency devaluations. However….

Several weeks ago the entire precious metals space was extremely oversold and due for at the least, a reflex rally. Gold was down in nine of twelve weeks with Silver down in eleven of those twelve weeks. The miners experienced a nasty September and were down five consecutive weeks. With Gold rallying from $1185 to … Continue reading

Here is our brief analysis of Gold, Silver and the HUI Gold Bugs Index….  

We discuss short-term thoughts on Gold, Silver and the mining stocks….

As predicted, precious metals have been weak as of late. During the price reversals in early July, I warned that sentiment became overly optimistic while prices remained in a technical downtrend. Even though I hold large core Silver investment, I decided that a smart thing to do was to hedge this investment with Gold and … Continue reading