» Metals

While gold and silver bullion have fallen considerably since the highs reached in 2011, and mining stocks have fallen even more, I believe the weakness behind much of this move is due to the transition from the bull market in precious metals to its next phase. It is my contention that the move in pr...

While gold is still maintaining a long-term consolidation, gold mining stocks have signalled still lower prices to come.  A quick look at the weekly gold chart shows that the metal is holding above a line of support that goes back over a year. ———————̵...

It’s well known that a huge chunk of global gold production is performed by a small group of very large mining companies.  These mega-miners own the world’s biggest mines, possess the deepest pipelines of projects, and for the most part have large coffers that easily support reserve renewal via...

The loathed and left-for-dead gold miners look to have begun their usual spring rally.  This sector has actually exhibited strong seasonality for its entire secular bull.  For well over a decade, most years have enjoyed a major gold-stock rally between mid-March and early June.  These favorable s...

Gold miners have to be the most hated sector in the markets these days.  At best they’ve been forgotten as the hyper-complacent general stock markets continue to inexplicably levitate.  At worst they’re utterly despised.  But the breathtaking bearishness choking them has left gold stocks incr...

Gold bulls have been suffering through the longest, but not largest, decline in gold since its latest 12-year bull market began in 2001. Gold has now been down for 19 months since hitting a record high in August, 2011.  Gold bulls are not worried that the bull market might be over. But they are ge...

Gold’s technical breakdown suffered in its recent capitulation selloff naturally unleashed a flood of bearish sentiment.  Traders are totally convinced that the gold woes are just starting, that the worst is yet to come.  This pessimistic worldview is largely universal, even among futures trader...

It’s hard to believe that gold’s bull market is nearly a dozen years old.  And boy has it been a delight watching it mature from its 2001 infancy.  It’s also been fun observing the ever-changing dynamics of gold’s structural fundamentals, particularly how the supply side of this metal’s ...

Silver closed Friday`s trading session at $28.46 an ounce, capping off what has been an auspicious start to 2013. On January 23rd Silver was trading at $32 and has been in a downtrend ever since trying to find a support level that will hold. There is some real minor support at the $28 level, but no...

Gold has gone nowhere since peaking near $2,000 an ounce back in 2011 and with the recent slide this month many gold investors are questioning their resolve. I’d like to look at gold from multiple points of view and identify some lines in the sand which will hopefully allow investors to make some ...

Gold got crushed this week in what can only be described as a capitulation.  Cascading selling took on a life of its own as the yellow metal knifed through multiple key support lines.  Newsflow exacerbated gold’s free fall, as extreme fear tainted everything with a heavy pall of bearishness.  G...

Gold has historically been considered a hedge for inflation, dollar devaluation and economic stress.  Since the end of the last recession gold has been an asset class of choice by those expecting hyperinflation due to the ongoing activities by Central Banks worldwide.  As for us , and our client...