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September 19, 2018 | Precious Metals Sector: It’s 2013 All Over Again

We have some good news and some bad news for both: precious metals bulls and bears. Based on new developments it’s even more likely that we are just before the huge price decline in gold, silver, and mining stocks, but at the same time it also appears likely that the final bottom will take place […]

September 17, 2018 | Gold’s Ultimate Confirmation

Although it didn’t appear to be a breakdown, silver just closed the day (and week) at a new yearly low. Remember the day when silver moved briefly below $14? Ultimately, silver futures closed at $14.15 on that day, and they just closed at $14.14 on Friday. So little, yet so much. Breakdown confirmed by weekly […]

September 12, 2018 | Gold, Silver, and USD Index – Three Important “Nothings”

Today’s analysis is going to be different than the other ones. We usually discuss what happened on a given day, week, or month and we elaborate on what it changed and what it didn’t change in case of the outlook for gold, silver, and mining stocks. But not today. Today, we are going to focus […]

September 4, 2018 | Gold and Silver’s Stormy September

There were only a few analyses that we started with a quote, and there were even fewer that we began by quoting a song. It may even be the first one ever. I am the storm and I am the wonder And the flashlights, nightmares And sudden explosions Royksopp, “What Else Is There” And you […]

August 29, 2018 | Preparing for THE Bottom in Gold: Part 7 – Buy-and-Hold on Steroids

All investors start their adventure in the capital markets with dreams of immediate wealth, luxurious cars, yachts, holidays in five-star hotels and making all the people around happy in a million ways. Virtually all investors have to lose a lot of money before they learn hubris and realistic expectations. Some give up investing completely, others […]

August 22, 2018 | Preparing for THE Bottom in Gold: Part 6 – What to Buy

Welcome to the 6th part of the Preparing for THE Bottom in Gold series. In the previous articles, we discussed the following issues regarding the final bottom in gold: staying alert, the likely timing of the bottom, the gold to silver ratio, the ratios between gold, bonds and gold stocks, and finally, we elaborated on […]

August 16, 2018 | Gold to Soar Above $6,000

In our regular gold trading alerts, we focus on the short- and medium-term outlook and we rarely discuss the very long-term issues or price targets. The reason is simple – the long-term issues and price targets don’t change often, so usually there’s little new to say about them. Consequently, it’s been a long time since […]

August 13, 2018 | Key Factors for Gold & Silver Investors

Briefly: Gold is likely to plunge below $1,000 this year and we’ve been writing about it for months. This article provides a list of critical long-term factors that one should be aware of if they want to invest in or trade gold, silver, and/or mining stocks. We include links to our previous premium analyses and […]

August 8, 2018 | Even More Cracks in the Golden Dam

We’re getting there. Inch by inch, we’re moving closer to the tipping point of the decline when the slow, regular, and somewhat boring move lower turns into a violent drop. Yesterday’s session was still in line with the less exciting manner of declining, but we saw another crack in the dam that’s still somewhat holding […]

August 6, 2018 | On the Verge of the Next Major Decline

On Thursday, the HUI index just broke below the December 2016 lows (in terms of daily closing prices), but it reversed on Friday and closed the week back above this important support. Invalidations are often more important than breakdowns, so did Friday’s action just tell us that we’re going to see a major reversal? Both: […]

July 30, 2018 | Gold Stocks’ Breakdown, Platinum’s Invalidation, Gold’s CoT and Seasonality

And so it happened. After a breakdown that might have appeared accidental as it was triggered mostly by one company’s decline, we saw a weekly close below the key 61.8% Fibonacci retracement level in the HUI Index. There was no analogous breakdown to new lows in gold and silver, but what happened in these markets […]

July 25, 2018 | Supposedly Bullish Gold’s CoT Signal

At first sight, yesterday’s session was quite boring – gold ended the session practically unchanged while silver and mining stocks were only a little higher. The USD Index was practically unchanged. But just because nothing happened in the market in terms of the daily closing prices, it doesn’t mean that we don’t have anything interesting […]

July 16, 2018 | How Crazy It Is to Short Gold with RSI Close to 30

Aiming to make money on gold price’s decline is always controversial. The long-term fundamentals remain favorable and gold and silver are likely to exceed their previous highs in the coming years. True, but that doesn’t mean that both metals can’t move even lower in the next several weeks or even months. Different factors govern more […]

July 11, 2018 | Gold’s & Silver’s Reversals’ Reversals

In yesterday’s analysis, we discussed how meaningful gold and silver’s pre-market decline was given a relatively small move in the USD Index. The implications were quite bearish for the PM market, especially that we had just seen a target being reached in gold stocks. And because mining stocks had just underperformed gold for the first […]

June 27, 2018 | Gold’s Signs for a June Bottom

In yesterday’s intraday Alert, we explained why the short-term outlook for the precious metals changed from bearish to neutral and we took profits from our short positions. It was not just the fact that the price targets were reached for gold and silver. The key to the change in the outlook was seeing the confirmations […]

June 21, 2018 | Gold Close to its Downside Target

The decline in gold, silver and mining stocks continued yesterday, further increasing profits on our short position. But, since gold is already in the $1,260s, and our target area is $1,250 – $1,260, one should prepare for a nearby reversal. Indeed, one should be prepared, but it doesn’t mean placing an exit order just yet. […]

June 14, 2018 | Silver Shares? Nobody Cares.

Almost nothing happened on the precious metals market yesterday, or at least that may seem to be the case as the first sight. And that’s true if one doesn’t count the spike in GLD’s volume, but there was something else that actually should have caught one’s attention and it probably wasn’t the case for many […]

June 11, 2018 | Silver’s Not-so-subtle Outperformance

Silver soared recently and white metal’s rally was accompanied by a huge volume. Those who are new to the precious metals market will probably immediately view this as bullish as that’s what the classic technical analysis would imply. Silver is not a classic asset, though, and classic measures often don’t apply to it. One way […]

June 6, 2018 | Gold’s Breakout vs. Relativity

Gold, silver, and mining stocks moved higher once again yesterday and the former even managed to move above the declining trend channel. Breakouts are bullish and thus the outlook for gold improved significantly… Or did it? Gold’s price in terms of the euro and gold’s relative performance to silver and mining stocks make replying to […]

June 4, 2018 | Unbelievable Analogy in Gold & Silver

Gold moved lower in May and it’s also down in June, but the price action is far from being spectacular. The overall volatility is still very low and the situation in the precious metals sector is simply extremely boring. But with May now being over and with a new month, new factors are likely to […]

May 30, 2018 | Topping USD’s Implications for Gold Investors

The euro plunged, the USD Index soared and gold… just stayed put. There was no meaningful action except for the big intraday volatility that ended in a rather small decline. Can one infer anything at all from the above combination of factors? Yes, if one knows where to look. Let’s start by recalling what was […]

May 23, 2018 | What if This Week’s Rally in Gold is Already Over?

In yesterday’s analysis, we explained how it’s possible for the precious metals sector to move higher in very short term and at the same time still form the next local bottom close to $1,250. The key part of the analysis was that this week’s turning point may turn out to be declines’ starting, not ending. […]

May 21, 2018 | Gold’s Near-term Downside Target

The price of gold moved considerably lower in the past several weeks, despite the pause that we saw in the final part of the previous week. The yellow metal moved below $1,300 and confirmed this move by several daily closes below it. Moreover, gold confirmed the breakdown below the rising medium-term support line that’s based […]

May 16, 2018 | No More Subtleness – It’s Show Time!

On May 1st, we knew that the precious metals sector was starting a 2-week rally based on cyclical turning points, apex-based reversals, and True Seasonality for May. The rally is over, the profits cashed in… And growing once again thanks to the new short position. What’s in store for the rest of the month and […]

May 14, 2018 | One Reversal Too Many

Friday was the day when silver and mining stocks were likely to reverse based on their triangle-apex-based turning points and today is the day of gold’s apex-based reversal. Therefore, it seems likely that gold, silver and mining stocks are forming the final top for this short-term upswing, or that it is already in place. The […]

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