Lawyers and Psychologists Steve Saville has a post out called Don't Think Like a Lawyer. In the post he notes the following... "The job of a judge or juror is…
I took a short on silver on the big pop this morning because a) the implications of weak CPI and Retail sales favor gold over silver, but silver popped harder…
Just a simple view of the GLD daily chart. If the party in stocks continues aggressively, this is likely to fail the support at the convergence of the moving averages…
It is my only short position now, having taken losses on a couple market shorts (partially hedging longs) and a gain on crude oil (just because I was straight out…
It's funny, as I have talked about the risks in the precious metals (and even done some shorting), I have had 'but Keith Weiner says the implied fundamentals of gold…
Gold is ticking a 'higher high' to the February high this morning and technically, that is a good thing (implying a confirmation of an uptrend). But never do you buy…
I don't often short the precious metals other than for hedging purposes, but this time I am taking a kick at the can and buying puts against SLV, just because…
Silver miners vs. the metal they dig out of the ground are not doing well at all. Gold miners vs. the metal they dig out of the ground have a…
We are (finally) on the anticipated bounce in the miners. They will need to exceed a few key resistance levels we are watching to even think about getting bullish beyond…
Keith Weiner calculates strong fundamentals for both gold and silver (with gold's being better). His fundamental price of gold stands at around $1400/oz. and silver at $18.70. He also calculates…
We have been noting a break in the equivalent resistance in the miner indexes and ETFs, but gold and silver came close, caught a whiff of the cigar, but then…
Everybody knows gold had resistance at the nice, round 1200 number. It got through there yesterday, but can still be considered at resistance defined by the spring lows. At the…
Here is another 'day trader' chart (hourly) of GDX showing the lower (Jan. 5) gap being filled (ref. Jan. 9 post using a 5 min. chart). So that gap is…
We have been noting that it is a bounce within a downtrend for the precious metals. In subscriber updates I've gone into detail on the parameters, and publicly we noted…