A healthy gold stock correction
The sector is pulling back from the overbought risk area, as anticipated for a healthy gold stock correction Let’s take a look at a rarity for me; a public article…
The sector is pulling back from the overbought risk area, as anticipated for a healthy gold stock correction Let’s take a look at a rarity for me; a public article…
Pre-market snapshots... Gold is holding support #1 in what could be a bear flag with fading volume. It did, however, hold a valid support area. I'd still ultimately think about…
Please, if updates like these make your head spin, consider taking them with a grain of salt or putting them in the 'low priority' file. We are simply managing the…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
In that they are rallying with the broad global macro, gold and silver - along with the miners - are still nothing special. I expect them to be special in…
Here is a snapshot of what gold and silver are doing pre-US open. Also, pardon me while I experiment with a new post editor (actually, it's not new but I've…
With reference to previous updates on GDX and Gold and Silver, let's bring things up to the moment. Gold (futures) is breaking through the 1920 area resistance this morning. It…
Gold price is trending up vs. major global currencies The corrections will come to the nominal gold price, but a real bull market will need participation vs. all major currencies…
Yesterday we reviewed a potential halt (and pullback) area that GDX has risen toward. Today, let's take another look at the daily charts of gold and silver (futures). Gold hit…
Copper and Gold miners are leading the Q4-Q1 rally in broad asset markets Back in October we began to plan the prospect of a relief rally that would be fueled…
Just a quick end of day snapshot of the HUI/Gold ratio. The gold stock world could end tomorrow. But it sure did not end today.
I know a lot of subscribers read Tom McClellan, an analyst/newsletter writer who looks for market clues in market correlations and relationships, much like your letter writer does. In his…
The copper price is up big today vs. the gold price, but... ...unfortunately for cyclical inflation bulls, it got croaked the last two days and broke down from an already…