I wrote "progress" in the title because the short-term correction in gold and silver is ongoing but also has not compromised the technical standing of either of metal. The pullback…
The chart of gold futures does not readily show gaps but for the purposes of identifying emotional points the chart of GLD works well, just like any other stock. Gold…
Today long-term interest rates are jumping with the political backdrop. The precious metals are selling off. The story goes that rising interest rates are bad for gold. Just look at…
A look at this morning's futures with brief thoughts on each. The US dollar index is down again, to 89.38 with the next support target at 88 +/-. That is…
We have been noting silver taking up leadership from gold as the sector hinted at (and yesterday made) a breakout. Here is the daily view of this morning's Silver/Gold futures.…
I chased CEF a bit this morning without much apprehension. While I have actual gold and a little silver I like to tuck the bullion funds into the IRA on…
It's no great shakes, but the Gold/SPX ratio has been holding the gap fill support area for a month now and has an upward bias over that period. If this…
The caveat is that it is still Santa season and the market is subject to the machines on a daily basis. In other words, in my opinion the market's signals…
It is a post-FOMC holiday week with Stimulus news out. What better time for some confusing market moves? The FOMC week bounce in gold stocks, which has the potential to…
Just a quick update to show that the TSX-V/TSX ratio and the Silver/Gold ratio are still on the forward inflationary view and not buying the bearish impulse in the markets…
I don't want to sound like a pom pom waving cheerleader, but I do want to be plugged into reality. The reality is that the 'best' HUI target of 280…
We have shown the TSX-V/TSX ratio to move in positive correlation with inflationary market phases and today it continues to be constructive for more upside as it continues to hover…
So above you see a sensational headline that thinks it is making a grand prediction for you. Well, it does not know any more than you or I. But it…
A look at the in-day views of gold and silver using daily charts. Gold halted at the down-turned SMA 50 after previously using the up-sloping SMA 200 as support. The…