Bob Kirtley -

We are a small group of investors who primarily invest our own funds in various trading opportunities. We first traded gold back in 1980 when our charts consisted of simple graphs updated manually on a daily basis for the calculation of moving averages, etc. These days you can find moving averages, stockastics, Relative strength Index, MACD and a multitude of other indicators at the push of button. We are of the firm belief that it is the correct interpretation of these indicators along with a good understanding of the fundamentals and market timing that are crucial to sound decision-making. We trade only on the North American markets, as this is where we see the real action being based. My qualifications include being Chartered (which is similar to being a Professional Engineer in Canada) along with a Masters Degree in Project Management from South Bank University, London, England. I spent many years working on Oil projects in Alberta including the tar sands installations in Fort McMurray.

The carnage in the gold sector could be over

There are a myriad of reasons for the volatile behavior in the precious metals sector and this post can’t cover all of them but hopefully will reflect some of the reasons that we view as important.

Gold, rate hikes and the US Presidential Election

The next ten days or so will present gold with two major events both of which could impact on gold in different ways depending on their particular outcome.

Gold Miners: The lull before the calm before the storm

The USD is up 5% in the last 3 months and gold is holding just above $1269/oz, as we write. The presidential election might be center stage but the possibility of a rate hike before the year end is being eagerly observed.

Gold miners: A correction in the wind

The Gold Miners have started the year with a cracking rally pretty much as they started last year.

Gold has two major hurdles to overcome

Interest rate rises in the US and money printing by other nations, Japan, UK, Europe, etc.; both support the US$ and put downward pressure on gold.

The Swiss gold initiative and why it may affect gold prices

The people of Switzerland go to the polls on 30th November to vote on the gold initiative.

The end of QE and the price of gold

The programme known as Quantitative Easing is due to be halted at the end of October, coinciding with the next meeting of the Federal Open Market Committee which is scheduled for 28/29 October 2014.

Gold: The thin end of the wedge

Gold had a horrendous year in 2013 disappointing many of its supporters; however, 2014 started brightly bringing with it much hope for an attempt at achieving new record highs.

Is silver the cure for silver prices?

Medical use of silver is huge, and growing.

Will import taxes on solar panels hamper silvers ability to rally?

Investors are disillusioned by the inability of silver prices to rise to higher ground as silver enters its 4th year of looking anything but sparkling.

The effect of monetary policy on gold prices gold

There are a myriad of reasons that come into play which effect the direction of gold prices but today we will look at just one of them; the effect of monetary policy as perpetrated by The Federal Reserve and the European Central Bank (ECB)

Gold prices: the coming end to this bear phase

Many believe that the bottom is now in and the bull has resumed charge, with the bears being exhausted. We would like to agree with them but we are still of the opinion that a challenge to the June lows could still lie ahead of us.

Silver prices heading lower as the bears tighten their grip

I’m not convinced that the June low was the final low for this prolonged bear period that currently exists within this precious metals bull market.

The HUI has penetrated its June lows, gold and silver to follow

The June low for the gold mining sector was believed to the bottom for gold miners and as such presented a buying opportunity for the precious metals community.

Gold, silver and the mining sector have not bottomed yet

As a bull on both gold and silver I do expect that this sector will shine once again, hopefully in the not too distant future. However we are still of the opinion that this gold […]

Gold prices search for that illusive ignition

The precious metals sector has been very good to me. However.

Junior gold nining sector: From distress to misery for investors

Is GDXJ now a buy?

Possible devaluation of the euro casts a shadow over gold’s future

Gold has an inverse relationship with the dollar

Silver looks set to re-visit previous support at $18

The demand for physical silver is alive and well with reports of people queuing to buy it.

Gold prices to re-test $1350/oz

Be nimble when gold changes direction because it can move quickly.

Is this a dead cat bounce for gold miners?

On the surface it looks as though the bottom is in and stock prices are cheaper now then they have been for some time.

A US$ retreat could ignite the precious metals market

The recent rally in the US$ was more a product of the fall in other currencies than a strengthening of the dollar.

Some political considerations for silver prices

Silver prices have now traded sideways for around 16 months.

Silver prices remain in a consolidation mood

Go gently with the implementation of your investment program.

Ready, steady, gold

In anticipation of the ECB and the Federal Reserve deciding to stimulate the economy through an infusion of newly created paper money gold prices have started to recover and head north.