Gold & Silver

If the U.S. economy weakens in the second half as a result of higher energy prices, that could cause interest rates and the dollar to fall — fueling a rally in metals.

Below are the 30 reasons, 23 new and 7 set in cement, of why the Bear phase in the bull market for gold ends this summer without any new lows.

Since the start of June, typically the worst month for precious metals when looking at seasonal charts, gold is up $75 or 6% and silver is up over $2 or 11% while many of the mining stocks that we track are up 30% or more in the past 3 weeks. Prices normally start to gain momentum after June and close the year very strongly so, while a pullback tomorrow would not be surprising, I believe the trend will be towards higher prices for the remainder of the year.

We live in an Alice In Wonderland, circa Orwell’s 1984 world. Everything is upside down, and that includes the price for gold and silver.

With the price spike in gold this week (spot gold up nearly 3% and gold stocks up around 7%) some of the perpetual gold naysayers are suggesting the metal had shifted to overbought status but that just is not the case. Below I explain why gold has taken off.

When we look at the price of silver and gold, especially when adjusted for inflation, we see a lot of upside potential. Because we believe that the most exciting part of a bull market is at the end of the move, we believe that the best may still be ahead of us. Let us explain with the use of a number of very enlightening charts that support our contention.

The short-term outlook for gold is promising. However, with the golds having moved so far so fast, they are a little extended here. I would like to wait for more conclusive evidence of upside breakouts before jumping on the gold bull story. Let me explain why I hold that view

The charts below make it crystal clear that we are on the verge of a major bull market advance across the PM sector. While these charts are for the Market Vectors Junior Gold Miners ETF, what happens to the GDXJ has major implications for the whole sector, for the simple reason that it is not going up without the entire sector going up too.

James Turk and John Rubino are well known figures in the gold industry and they’ve just published a new book, ‘The Money Bubble’ in which they argue that the price of gold is about to soar to $10-12,000/ozt. - and silver to $500/ozt. Here's why.

Get ready for an incredible bounce higher in the gold & silver junior miner sector. Here are five reasons why.