Silver has come down in price to the point where 6 different support lines have come into play coupled with a silver short situation where silver has rallied in similar situations over the past 8-years. The aforementioned suggests that silver is ideally situated to soar again soon. Take a look at the chart and decide for yourself if this is the day to get (further) invested.
Read More »Current Stock Market High Is NOT a Bearish Signal – Here’s Why
The Dow has begun a major rally 13 times over the past 112 years which equates to an average of one rally every 8.6 years so, as it stands right now, the current Dow rally that began in March 2009 would be classified as well below average in both duration and magnitude.
Read More »Goldrunner: Fed’s Review of Banks Trading In Physical Commodities A Pivotal Moment For Gold (+2 K Views)
Gold has busted up on the open to take out the $1300 resistance. This article explains the reasoning for that move, why it is so pivotal in nature and what to expect in gold pricing action over the short term.
Read More »Noonan: NO Evidence of Change in Downward Trend In Gold & Silver…Yet (+3K Views)
You will read more and more articles touting how gold and silver have bottomed. They have not, at least according to price behavior as determined by actual buyers and sellers in the market.
Read More »European Debt Problems Continue to Escalate
With stocks at record highs and the U.S. economy improving, the European debt crisis seems like a distant memory....[While] Europe is no longer the market’s focal point, however, that doesn’t mean the euro zone’s financial problems have gone away.
Read More »I’m Looking for Gold to Drop to Between $1,000 & $900/ozt. Here’s Why (+2K Views)
As the U.S. economy continues to improve steadily, the Federal Reserve prepares to dial back its QE policy, and investors continue to rotate into stocks, the price of gold is poised to fall further. Look for another down leg in the range of $1,000 to $900 an ounce. That's another 20% to 25% loss.
Read More »How Low – and How High – Could Gold Go?
Is gold undervalued or overvalued?...[Unfortunately,] there's no good way - and definitely no universally accepted way - to determine a "fair value" for gold. Unlike a stock, gold doesn't have a price-to-earnings ratio that we can easily compare to the market. [That being said, I offer in this article] a logical, real-world price target. Words: 700
Read More »Good Luck Growing Your Nest Egg! The Best and Worst Savings Account Rates By State
Good luck growing your nest egg with the rates the average savings account pays in America! Below is a savings account rate heat map state-by-state.
Read More »These 8 Signs Suggest Silver Has Bottomed & Will Head Higher Soon (2K Views)
The waterfall decline...[in silver prices] has resulted in many silver investors throwing in the towel and exiting their positions. However, this is herd mentality and every successful investor knows it is almost always a failing strategy. With sentiment near all-time lows and blood still running in the streets, I am doing the exact opposite and wading into the waters once again. [Below are 8 reasons why I think that silver has bottomed.] Words: 1570
Read More »Does the Collapse In Gold Prices Represent a Vote of Confidence In the Global Economy? (+2K Views)
From the onset of the global financial crisis, the price of gold has often been portrayed as a barometer of global economic insecurity (in principle, holding gold is a form of insurance against war, financial Armageddon, and wholesale currency debasement) so does the collapse in gold prices - from a peak of $1,900 per ounce in August 2011 to under $1,250 at the beginning of July 2013 - represent a vote of confidence in the global economy?
Read More »
munKNEE.com Your Key to Making Money