Gold, Silver & Other Commodities

No matter what you hear or read about gold and the prospects for substantially higher price levels, the trend is down, exactly opposite of what you know. When you compare what you know, an opinion, with what the market is telling you, the market is a more accurate measure, however counter-intuitive it may be to your opinion, [and THIS is what the markets are saying].

There is no need to beat around the bush: junior mining stocks have bottomed. The bear market is over...The evidence is compelling and is growing by the day.

We are starting to see some subtle changes in market behavior but the trend currently remains down for both gold and silver. For those who want to grow their capital, the best time to make a market commitment is with the trend and given how no one knows how the market will correct, it is best to wait and see first what the market reveals. Below are some daily and weekly charts on gold & silver charts to show you how things are developing.

Do not mess with Mother Nature! The natural law of supply and demand will always rise up from under the distorted efforts to contain it. The good news is that each passing week brings silver closer to its inevitable resolve: a powerful rally that will surpass all others.

Very poor sentiment towards gold and oversold conditions is reminiscent of the conditions seen in late 2008 and January 2009 [as seen in the chart below] when gold prices had fallen by more than 25% in 9 months. Subsequently, gold rose from a low on January 15, 2009 at $802.60/oz to a high less than 12 months later at $1,215/oz for a gain of over 50%. A similar move today would see gold above $1,800/oz by year end.

Following a brutal year for bullion in 2013 and an even worse year for gold miners, those bullish on the yellow metal and the companies that extract it from the earth may finally have something to hang their hats on.

Is Gold still in a downtrend or has it actually broken its downtrend? Both as it turns out, but only if viewed from the proper perspective. Let me explain.

If your perception is focused solely on where the price of gold is, as opposed to where you think or believe it ought to be, the elites would like to sell you a renewable subscription to their “Fiat Is Better” newsletter.

Below is an infographic presenting a crash course in the need for, problems with, and benefits of, building the Keystone XL pipeline from Alberta through the American midwest to the refineries in Texas.

Because the natural laws of supply and demand do not apply to gold and silver, the only way we can track the influence of endless paper supply on the market is through the most reliable source, the market itself, and the best way to track the market is through charts.Let's take a look at what they are conveying today.