Recent Articles

More weakness ahead for miners

Posted on July 25, 2014

No pain, no gain. That is one comment regarding this seemingly terminal bottoming process in the precious metals complex.

Gold and silver stocks begin next leg higher

Posted on June 13, 2014

The miners have begun another leg higher because the evidence strongly supports the view that they have formed a higher low. Only time will tell for sure but the evidence is quite strong. It seems that every analyst was calling for a July low.

Gold’s key fundamental driver

Posted on June 6, 2014

Barry Ritholtz is out with another article spelling more doom for the precious metals sector and the gold bugs.

Precious metals moving closer to bottom

Posted on June 1, 2014

Though precious metals are rallying on the day we penn this, we expect more downside before a final bottom or at least before we’ll exit hedges and begin buying. Since the hard reversal in March we’ve had the view that …

Potential catalyst for precious metals

Posted on May 18, 2014

Precious Metals continue to be in a long bottoming process that began last summer.

Gold stocks rolling over to early summer low

Posted on May 8, 2014

Regardless of the cause, the charts for the miners (and Gold) continue to urge caution as lower prices are likely ahead before the next major turn.

Gold & silver stocks begin oversold bounce

Posted on April 23, 2014

The bottoming process for gold and silver shares has been arduous as they’ve oscillated back and forth for almost a year.

More weakness ahead for precious metals

Posted on April 13, 2014

Be on alert as the short-term trend for precious metals (especially the miners) could resume to the downside.

A golden opportunity coming in silver

Posted on March 28, 2014

Silver has been in a bear market for almost three years and the recent lack of strength suggests the metal could be headed for new lows. New lows are always bearish until the last one. Our technical work suggests that we should watch for a final low and end to the bear market in the coming months.

Failed breakout marks interim top in miners

Posted on March 22, 2014

Unless you’ve been living under a rock then you have witnessed the now false breakout in Gold and gold stocks.

Cyclical bear in equities, a catalyst for precious metals

Posted on January 30, 2014

The mainstream is entirely oblivious to the fact that gold stocks (and precious metals) can have rip-roaring bull markets when equities are in a bear market.

Why gold stocks are leading gold

Posted on January 24, 2014

At the start of the year we asserted that the mining equities could lead the metals higher. Since then, the shares have roared higher while the metals have remained subdued.

Gold and silver stocks to lead metals higher

Posted on January 3, 2014

The bottom line is the action in the stocks is very encouraging with respect to a recovery in the entire sector. In fact, most quality producers and juniors bottomed in June and have not made new lows

Gold stocks nearing major bottom

Posted on December 11, 2013

The worst is over for the mining stocks but we don’t know that to be the case with Gold.

Fanatical gold bugs losing sanity

Posted on November 14, 2013

This sector is headed for trouble in the near term but it is likely to be the end of the bear market. There will be a huge and fantastic rebound.

Gold bear to end with a bang

Posted on November 7, 2013

At present Gold looks eerily similar to both Gold in 1976 and the SYP in 2009 prior to their major bottoms.

The outlook for mining M&A

Posted on November 2, 2013

Despite difficult conditions, some companies have remained active.

Precious metals: Today's similarities with 1976

Posted on October 19, 2013

Gold, gold stocks, the stock market and commodities appear to be in a similar position today compared to 1976.

Precious metals need equity market weakness

Posted on October 6, 2013

Given the scope of the decline in precious metals, some generalist or mainstream money needs to come in for the sector to sustain a rebound.

The bottoming process for precious metals

Posted on September 29, 2013

The bad news is we are already five months into this bottoming process and it can continue for several more months.

Another chance coming to buy gold and silver stocks

Posted on August 29, 2013

The bottom line is the current correction or consolidation is quite healthy for the sector.

Final capitulation coming

Posted on June 21, 2013

Our recent calls for a bottom have been proven wrong as precious metals plunged to another new low.

Major summer rebound in the gold stocks

Posted on June 7, 2013

The rebound is just about here and will pay big rewards to those who are long.

Six reasons why gold stocks will begin a huge rally

Posted on May 22, 2013

It’s been a tough road for precious metals but the path ahead has strong potential.

When will gold bull resume?

Posted on May 13, 2013

Precious metals won’t sustain a rebound until the S&P 500 completes its cyclical bull market.

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