Gold, Silver & Other Commodities

What’s going on with the price of gold? It would be nice if gold always went up in a crisis but short term it can get just as burnt as everything else. [It begs the question, however,] if gold is the great anti-asset, the thing to hold when everything else is in collapse, why is it now trading…[below $1,700 and] not $2,000? What is next for gold? Words: 765

As I see it, worsening financial crises lead initially to lower gold prices which are followed by some form of government intervention to alleviate the crises and that action, in turn, eventually results in renewed appreciation in the price of gold. The basic steps in such a transition are really quite straightforward. Let me explain. Words: 686

Daily and monthly gyrations in the price of gold are nothing to fret over...The price will recover and, in time, fetch new highs...Here’s proof. Words: 264

Gold is in the bump phase of a seven-year Bump-and-Run Reversal Top pattern which typically occurs when excessive speculation drives prices up steeply, and is now at a critical juncture which could change the long-term trend of gold. Silver is already in the run phase which does not bode well for its future price. Let me explain. Words: 743

The current volatility in the precious metals market doesn't necessarily indicate a change in secular direction. [In fact,] if today's gold price was to rise by the same degree over the next 14 months [as it did from the beginning of 1979 into 1980, it would hit $4294/ozt. by Jan 2013! Let me explain.] Words: 420

After a very turbulent year, silver now looks set to take off again. The best entry point of the last 5 years was in 2008... and currently we are in a similar situation, which means that silver...is ready for take-off. In this article I will tell you why I think [that is the case illustrating my views with the use of 7 charts. Words: 1200

Psychologists tell us that there are five stages of grief over loss of whatever kind, usually death, or breaking up with a loved one, which are: denial, anger, bargaining, depression, acceptance. I've applied these to the loss of the dollar, as I see most people today are still stuck in denial, and here's how to deal with that. Words: 1100

Many market participants are wondering why [gold] is not responding more positively to Europe's never-ending sovereign debt crisis and other worrisome economic and political developments around the world...Technical analysts say that gold must build more support in the $1,750 to $1,800 an ounce range before it can muster enough strength to sustain a meaningful and lasting rally. Sooner or later, [however,] thanks to a continuously improving fundamental picture, gold will register a sustainable advance above $1,800 an ounce, possibly never again to see prices below this level. [Let me explain why I believe strongly that that is the case.] Words: 800

The chief economist at HSBC Bank, Robin Bew, suggests that the price of gold will correct down to $1,390/ozt by the end of 2012 and to $1,000 per troy ounce by 2013. [Let's examine Bew's views more closely.] Words: 731

Gold is in a bull market and, [believe it or not,] so are the gold stocks despite their struggle as a group to outperform gold... but [neither] is anywhere close to a bubble, nor the speculative zeal we saw in 2006-2007. Thus, it begs the question" "What lies ahead and when can we expect the initial stages of a bubble?" To figure this out we first need to get an idea of how long the bull market will last and then where we are now based on various indice analyses. [Below I do just that.] Words: 785