Recent Articles

Bullish reversal in miners but metals remain in question

Posted on December 19, 2014

The gold and silver stocks have put in a bullish weekly reversal but Gold and Silver have not confirmed it.

Precious metals starting to show bullish signs

Posted on December 12, 2014

Relative strength in Gold has preceded important bottoms in the Gold price during 2001, 2005 and 2008. That relative strength is starting to show.

Black Friday for precious metals

Posted on November 29, 2014

Today wasn’t that bad for precious metals but it was a Black Friday given the severe sell-off and the particular day and time of year.

Close to the bottom but not there yet

Posted on November 10, 2014

The selloff in precious metals intensified over the past week.

More downside ahead for precious metals

Posted on November 2, 2014

Last week we argued that the underperformance of the gold miners during Gold’s rebound was a bad sign.

Leading indicators for gold’s turnaround

Posted on October 17, 2014

It’s safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of the already long in the tooth bear market.

Precious metals to face more body blows

Posted on October 5, 2014

There is more downside ahead and bulls should continue to stand aside before a favorable buying opportunity emerges.

Gold miners consolidate and hold support

Posted on August 29, 2014

Precious metals miners have successfully digested their sharp gains from early summer. The miners have continued to hold above key retracements as well as 200-day moving averages that are now sloping up.

Miners’s next move: Break out or break down?

Posted on August 10, 2014

We need to remember that gold is an anti-conventional type of investment or speculation.

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.

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