A fair amount of interesting developments in the last 7 days, but few of them directly affecting metals markets. The fun part, I suppose, is that everything relates to interest rates and economic growth, so it drives metals trading one way or another. The craziest trading of the week, by far, ha...
October 9, 2012 4:49:01 PM EDT
Metals Thoughts: Fight the Enemy Where They Aren't Edition
September 19, 2012 11:43:30 AM EDT
He Who Hesitates Is Lost
- Markets rarely provide “total satisfaction” to investors, and when they do, it’s usually not for long. The gold and silver markets are overbought on short term charts, but they refuse to sell-off very much.
- This situation is frustrating, especially for people who want to enter the market on the ...
September 14, 2012 4:04:47 PM EDT
This Week in Precious Metals – September 14th
The “news” this week is massive money-printing on both sides of the Atlantic. However, it goes beyond that. In Europe, we had Germany’s Constitutional Court rubber-stamping the European Central Bank commitment to “unlimited” bond-buying. On this side of the Atlantic, yesterday we had the Federal Res...
September 7, 2012 3:31:52 PM EDT
This Week in Precious Metals – September 7th
The first week of September was a very good week for precious metals investors, and all indications are that we are looking at more of the same in the weeks ahead.
The pattern in metals prices this week was very similar to last week. We saw caution in the early part of the week, as prudent Bulls took...
August 31, 2012 3:38:51 PM EDT
This Week in Precious Metals – August 31st
It’s going to be a somewhat abbreviated edition of This Week in Precious Metals, for the simple reason that I ‘stole most of my own thunder’ with what I published earlier today in my formal commentary.
With price-action finally being “big news” again in the sector, readers can get a blow-by-blow acco...
August 31, 2012 2:13:42 PM EDT
Bernanke Fails To Move Gold Market Lower
Following the solid gains in the price of gold last week and the much more explosive rise in the price of silver, all expectations (even among normally bearish commentators) were that bullion prices would continue rising this week. That all changed Monday morning, however.
At that point the Corporate...
August 24, 2012 3:02:16 PM EDT
This Week in Precious Metals -- August 24th
It’s been a very eventful week in the precious metals sector, so where do we start? For the first time in a long time, our “story” begins with prices.
Just one week ago, I noted in this column that all the pieces were in place for a new, big rally in the sector: extremely supportive fundamentals, a (...
August 21, 2012 12:38:31 PM EDT
Precious metals “break-out”: is this the Real Deal?
Let me stress (strongly) that this piece is intended as an educational exercise and not as any sort of “buying recommendation.”
As the price of gold surges toward $1640/oz, and silver leaps above $29; what we are seeing in the market today is a short-term, technical break-out with gold and silver. Re...
August 17, 2012 4:02:23 PM EDT
This Week In Precious Metals – August 17th
We’re now more than halfway through August, and (for me at least) it’s impossible to view recent events as anything other than a clear warning that some major economic inflection-point lies directly ahead of us.
As a Big Picture guy, I pay very little attention to the short-term minutaie upon which t...
August 14, 2012 1:10:01 PM EDT
The Upside-down World of the Gold-bashers
In last Friday’s edition of This Week in Precious Metals; I noted how we had seen an “evolution” in how news was being reported by the propaganda-machine – and thus how the market reacted to that news.
For well over a year, the Sheep had been programmed to sell their gold and silver on “bad news” day...


