» Metals

On the weekly chart below, we can see that, after making a new, all-time high back in August of 2011, gold went into a correction/consolidation mode, ultimately forming a descending triangle. While this formation suggests lower prices (the flat line is the weakest), price broke up through the top of...

Early in gold’s secular bull, contrarian investors looked to real interest rates as one of this metal’s primary drivers.  Eleven years ago when gold still languished under $300, mainstreamers scoffed at the notion that there would ever be sizable gold investment demand.  But then, as now, nega...

Gold spiked up week before last, supposedly on concern that the fiscal cliff will not be resolved and Armageddon will follow. But we told our subscribers that although the spike-up had our attention, that with our intermediate-term indicators still on the October sell signal, and gold short-term ove...

With the US stock markets falling sharply since the elections, shell-shocked investors are scrambling for the exits.  And this mass exodus is certainly rational in light of 2013’s record tax hikes looming for American investors.  But with interest rates near record lows, cash yields nothing and ...

Whenever I make the case for a stronger US dollar (USD), the feedback can be sorted into three basic reasons why the dollar will continue declining in value: The USD may gain relative to other currencies, but since all fiat currencies are declining against gold, it doesn’t mean that the USD is ...

Well, Americans voted and the winner is inflation.  Half our voting populace inexplicably decided to award a second term to Obama.  Four more years of mind-boggling record deficits and record national debt growth!  Obama’s Administration spent roughly 50% more than the government took in, whic...

Silver is no doubt tiny on the grand commodities scale.  But its attractiveness, spearheaded by a 1000%+ bull-to-date gain to its latest high, has spawned a wide range of products for investors to partake in.  And one of the most unique and powerful is the SLV iShares Silver Trust ETF.   This E...

Here is an excellent interview at The Economist Buttonwood Conference featuring Hugh Hendry. You may have to enter your email address to play, but I doubt it has to be accurate as there was no verification process. The interview is well worth a play in entirety, covering Gold, Hyperinflation, Tre...

After a vigorous rally that began in August gold hit a wall this month when it reached the resistance line drawn across the February high. Since then it has dropped nearly 5%, moving at a faster rate than would be justified by the recent strength of the dollar. We can see support from the next risin...

After experiencing a remarkable bull market run from $250 an ounce in 2001 to $1,900 an ounce last summer, gold has not had an easy time of it since. Three times it plunged as much as 19%, and rallied back, only to run into resistance each time at $1,800. It is potentially doing so again. That’s ...

After surging sharply in August and early September, gold stocks have been consolidating sideways ever since.  Naturally this loss of momentum has sapped the nascent trader enthusiasm for this sector.  But stalling out temporarily certainly doesn’t negate gold stocks’ dazzling fundamentals.  ...

After the Federal Reserve launched QE3 last month, investors and speculators are growing excited about its future impact on gold and silver.  Though the Fed’s QE3 campaign started out relatively small, its open-ended nature is utterly unprecedented.  Thus an unknown amount of future inflation wi...