Recent Articles

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.

Gold stocks to rebound in may

Posted on May 1, 2013

We see plenty of evidence that augurs for a strong recovery in May.

Trends in major asset classes set to shift

Posted on April 27, 2013

The latest warning sign on US equities came from the recent issue of Barron’s. A recent survey of big money managers showed extreme bullish sentiment.

Gold bears suddenly appear, more emboldened than ever

Posted on April 20, 2013

After being slaughtered for the majority of the last decade and more, they finally won a victory.

Silver is following its 1970s pattern

Posted on April 12, 2013

The cyclical bear market in silver is serving its purpose.

Charts to provide perspective for gold bulls

Posted on April 5, 2013

Most chartists use daily or weekly charts. Few look at monthly charts. I don’t know of anyone (myself included) who pays any attention to quarterly charts.

Next US-dollar peak is catalyst for precious metals, hard assets

Posted on March 25, 2013

The US-dollar tends to be negatively correlated with commodity prices, while this is true in the short-term, it is not always so over the long-term.

Gold fails to break support despite extreme negative sentiment

Posted on March 9, 2013

Despite all of the bearish sentiment, the panic and bad-mouthing, gold (and silver) has maintained its consolidation.

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