Tag Archives: gold

As a gold bull I want to believe that gold is going to start moving higher from here, but unfortunately I think the odds remain stacked against this, and that we will see further downside before the bull market resumes. I will first go through the reasons why I think this is the case and I will then discuss how to play this.

We choose to focus on the charts because a reflection of developing market activity tells the most accurate and current story. It is not a promising one heading into 2015, however, but it is reality, and to expect anything else will lead to the same disappointments of 2013 and 2014. Forget the ego-driven predictions that have all proven wrong again and again, and deal with what is - and this article deals with what is by looking at the charts.

You have no doubt read countless articles on the price of gold costing x dollars per "troy ounce” or perhaps just x dollars per "ounce" but the difference between the two measurements is significant. For that matter, what’s the difference between a 24 karat gold ring and an 18 karat gold ring? Let me explain. Words: 963

Martin Armstrong provides a remarkable explanation of what is going on right now with the U.S. dollar, bond yields and the current price of gold. It would be well worth your time to read and reflect on what he has to say.

Every bottom undergoes a process of retesting but none is yet apparent in gold & silver. In the early part of 2014 we said that the second half could likely be more of the same as it was in 2013, and with just a few weeks away from the end of the year, prospects for 2015 can equally be brought into question regarding the price appreciation of gold and silver.

A look at the charts shows that there is no foreseeable change for gold and silver that has not already been covered in previous articles, and certainly elsewhere, and puts an end to all the pronouncements from so-called experts that PMs would be much higher.

Back in May WaveTrack International’s Peter Goodburn predicted a sharp downturn in precious metals prices...by the end of Q3 this year, which would then be followed by a massive reversal in prices which would take all the major precious metals up to new highs probably by early 2016. This article provides an update to his May projections.

As encouraging as the recent rallies in gold and silver may seem, they are still just rallies within a clearly defined down trend. For trading purposes, there is no reason to be long. For buying and holding physical gold and silver, there are too many reasons not to be long. Plan accordingly.

This article looks at 30 Dow Jones constituents and physical gold and silver and determines the risk -return ratio of each. Send it off to your financial advisor for his edification.

If poop was the exchange currency of our society people would collect it. However, if there was an abundance of poop AND gold people wouldn't bother collecting any of it.