Gold, Silver & Other Commodities

While the odds may favor a rally in gold and silver, the trend could very well negate that interpretation. Always go with the trend - the charts do not lie - and this is what they are saying about the current situation.

Lorimer Wilson @munknee has an active Twitter account providing links to the BEST gold & silver articles to be found on the internet. They have all been edited/abbreviated to provide you with a fast and easy read. Check them out!

The trend continues down in gold & silver irrespective of all the positive news, charts, graphs, and other news writers specializing PMs present. The major players may be setting up one more trap to take the price of silver down to levels most do not expect. After all, how many expected crude oil to go from $105 to $45?

If you think precious metals are expensive you are sorely mistaken. They are, in fact, dirt cheap (relatively speaking, I must admit!) when compared with the equivalent cost of the gemstones identified below. Take a look.

The price of oil is currently undergoing a major decline but it is nothing compared to other famous oil slumps in history. Let's take a look.

When will gold and silver rally? We would say the best answer comes from a reading of the charts. Has a bottom been confirmed? Not by our standard of confirmation. Let me explain.

An inordinate build-up of short positions in silver by the "smart money” or “insiders” implied lower gold and silver prices and the charts shown here confirmed that.

Over the years only 14 pundits have been bold enough to provide a specific date as to when their forecast for the future price of silver would be realized. This article provides that information along with the criteria & rationale for their determinations.

Gold is up significantly in 4 of the 7 top currencies (the euro, British pound, Australian and Canadian dollars), up respectably in 2 others (U.S. dollar and Japanese yen) and down slightly in the last (Swiss franc) demonstrating amply the value of gold as a hedge, not just against inflation, but against sudden currency devaluation and systemic financial and economic risks as well.

In spite of the fact that gold has rallied from a price of $1,140 last November, my long-term empirical model suggests it is still undervalued and has the potential to rally to $2,000 by late 2015 or 2016 and quite possibly to between $5,000 and $10,000 in six years time. This article explains why that is the case.