Been busy? Not to worry. Here are introductory paragraphs and links to 13 of the “best of the best”articles on gold and silver that you might have missed reading. Each article has been edited for the sake of clarity and brevity to ensure you a fast and easy read. Read just one or read them all. Enjoy!
Read More »Price of Gold Reacting to Renewed Weakness in U.S. Dollar Index – Take a Look
A month ago it looked like the U.S. Dollar Index would crash through its 1-year support line. Instead, the index bounced off it like an Indian rubber ball (remember?) and, in the process, hurt the price of gold and silver. That seems to have reversed in the past few days. Take a look at the charts. Words: 431; Charts: 2
Read More »Keep the Faith – This Bull Market in Gold STILL Promises to Be One for the History Books! Here’s Why
Seeing the S&P 500 outperform gold and seeing gold stocks get decimated...has been enough to create suicidal sentiment...in the precious metals (PM) sector...but, as the many calls for an end of the PM bull market...[are expressed,] the risk in the PM sector gets lower and lower. The bigger picture hasn't changed and isn't going to for some time [so] keep the faith and hold onto your PM sector items tight. Don't let the short and intermediate-term noise distract you from what STILL promises to be a secular bull market for the history books. The Dow to Gold ratio will hit 2 and might even go below 1 this cycle. [Let me explain.] Words: 873
Read More »Goldrunner Update: Gold, Silver & PM Stock Sentiment Sucks BUT the Fundamentals Are Off the Wall!
Sentiment in the precious metals sector is in the toilet yet the fundamentals for the sector are off the walls positive. That is not secret, but it is what creates huge market moves in the direction of the fundamentals. In fact, market management will never move price against the underlying fundamentals for too long a period of time.
Read More »Alf Field: Once $1,800 Is Taken Out Gold Will See a Vigorous Climb to $4,500 Area (2K Views)
There is a high probability that the correction in the gold price that started in early October at $1797 has been completed. Once $1800 is taken out on the upside the gold chart will look tremendous. A beautiful “cup and handle” base would then provide strong support for a vigorous upward climb in the precious metal. At this stage there is no reason to abandon the rough target of $4500 for this coming upward wave. [Below is my analysis and some charts on the situation.] Words: 434; Charts: 2
Read More »These Charts Suggest a Possible +/-60% Decline in the S&P 500 by 2014 (+3K Views)
J.P. Morgan Asset Management has developed a chart showing the past two cycles in the S&P 500 highlighting peak and trough valuations. At face value it is very alarming as it suggests a potential decline of somewhere in the vicinity of 60% over the next year or two and concurs with previous innovative trend analyses included in this article. Charts: 4
Read More »My Top 6 Stock Picks for 2013 – According to Me, Myself and I
Like Warren Buffett I don't believe that investors should diversify very much. As long as I feel comfortable with a sector or a particular stock, I don't have a problem with over-exposing myself to it. My style...[may be] more aggressive than most...[but,] as far as I'm concerned, there is no such thing as speculation, just risk reward calculations. The only question is how much risk you want to undertake to earn the yield or appreciation you are hoping for so, [and to that end, each of my top 6 picks for 2013 - according to me myself and I - include] a scale of 1 to 10 for the risks associated with each and a second number for the possible appreciation the stock could yield during the year. Here are my top picks for 2013. Words: 1180
Read More »What Do the Similarities & Differences Between the 1980 Top in Gold & the Current Situation Mean for Its Future?
The situation in the gold market today is different than the one in 1980 in a few important areas. Even if past patterns don't give you any certainty, though, sometimes they can limit the uncertainty. Let us analyze that in more detail. Words: 1260; Charts: 2
Read More »Dr. Faber and I Concur: There Are Major Reasons to be Very Cautious in 2013 – Here’s What To Do (+2K Views)
Dr. Marc Faber, the author and publisher of the "Gloom Boom And Doom" report is one of the most well-read economists out there. I am of the opinion that his suggestions and investment advice are more realistic than any other economist or analyst we hear and read regularly. The summary of Dr. Faber's latest monthly report suggests that he views 2013 as a year of capital preservation. In other words, Dr. Faber is not very bullish on risky asset classes for 2013. This article discusses Dr. Faber's views and the reasons to remain cautious in 2013. Words: 1494; Charts: 3; Tables: 1
Read More »The Charts Tell ALL and THIS Is What They’re Saying About Gold & Silver for 2013
It is impossible not to read some source...touting the “fact” that the price of gold and silver will be...["$x", "$y", etc.] in the "coming months" or in the "next year or two,” etc. The market, however, does not echo those...sentiments because that is exactly what they are, sentiments. When it comes to sentiments or opinions, regardless of how close to source or how well reasoned, the market does not care. The charts are all-knowing, and they present everything known about the price, sans any opinion(s). Just deal with the facts and plan accordingly. Trust the markets - they never lie - [and this is what they are saying about the price of gold and silver in 2013]. Words: 1889; Charts: 6
Read More »