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.
Read More »Noonan: Everything’s Upside Down, Including the Price For Gold & Silver – Here’s Why
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.
Read More »Here’s Why Gold Has Bounced Higher – And Will Go Even Higher Over the Next 6 Months
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.
Read More »More Conclusive Evidence Needed Before Jumping On the Latest Gold Bull Story – Here’s Why
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
Read More »Get on Board – NOW! We’re On the Verge of a Major Bull Market Advance Across the PM Sector.
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.
Read More »Incredible Bounce Coming Soon In Gold & Silver – Here Are 5 Reasons Why (+2K Views)
Get ready for an incredible bounce higher in the gold & silver junior miner sector. Here are five reasons why.
Read More »What Coming Negative Deposit Rates In U.S. Mean For Future of Gold & Silver & PM Mining Shares
Before this great financial crisis ever comes to a close, you'll see the Federal Reserve copy Europe and also implement negative deposit rates to try and get commercial banks to lend money into the economy. I have absolutely no doubt about it - and it will have three chief consequences for the markets. Let me explain.
Read More »The History of the Gold Standard & Why It Likely Will NOT Be Re-introduced (+2K Views)
As the protracted correction and consolidation in precious metals continues, what better time to brush up on the history of the gold standard to give proper context to gold’s demand today and potential role in a future currency to replace the dollar.
Read More »Weak Gold Price & Falling Interest Rates Say Current Monetary Policy Is Too Tight – Here’s Why (+2K Views)
A change in monetary, fiscal, and regulatory policy is necessary to beat back the forces of recession and deflation. If the messages of falling gold prices and falling interest rates are not enough to gain the attention of policy makers, I suspect that the specter of future falling stock prices throughout the world will be. That is what is in store for us if the recessionary/deflationary bias in the world economy that gold and bonds are signaling, reasserts itself.
Read More »Is Gold Ready To Bounce? Not Likely! Here’s Why
Gold and silver have been all over the map in 2014. To figure out what’s next for the metals this article assesses their deep and long term status as speculative assets and the relationship between the two metals and determines what must happen to reverse their continuing decline. Read on!
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