How Low Can Gold and Silver Technical Support Go?
Gold (NYSE:GLD) was not as overbought as Silver (NYSE:SLV) and didn’t enjoy the hot-money flows that Silver, Oil (NYSE:USO) and equities did. The price action shows support at $1425-$1450. The previous...
View ArticleHow to Play the Gold Stocks Consolidation Phase
Though Gold (NYSE:GLD) and Silver (NYSE:SLV) were able to make new highs in recent months, the gold stocks (as evidenced by GDX (large caps) and GDXJ (larger juniors) never did. We wrote of their...
View ArticleU.S. Dollar Rebound Puts Heat on Gold, Silver and Mining Stocks
The US dollar has been reacting very bullish to the death of Osama bin Laden, the figurehead of Al Qaeda. Short-term investors have shown a renewed interest in the US dollar (NYSE:UUP) as near-term...
View ArticleGold Stock Technical Trade Support You Must Know in Today’s Market
The gold stocks (NYSE:GLD) are in a correction which could turn out to be the largest and deepest since the crash of 2008. Now is not the time to panic but to evaluate where the gold stocks may go and...
View ArticleGold Dump: Here’s George Soros Updated Gold Positions
Yesterday we noted how George Soros took the axe to a huge position in his the SPDR Gold Trust (NYSE:GLD), eliminating 99% of his position in Q1, according to his latest 13F. But that ETF isn’t the...
View ArticleThe Key Reason Behind Silver’s Parabolic Rise
Most mainstream pundits and reporters have assumed that it was speculative buying that caused Silver (NYSE:SLV) to go parabolic. After all, its always the dumb money or the public that gets in at the...
View ArticleJohn Paulson: My Latest Mult-Million Dollar Gold Stock Investments
John Paulson has been riding the gold bull and profiting in a huge way. Following is a list of the gold companies held by his hedge fund, Paulson & Co., held as of March 31st, 2011: 1) Spdr Gold...
View ArticleIs Gold Preparing for a Breakout to the Upside?
While the financial media pronounced the end of the Commodities bull and the end of the Gold (NYSE:GLD) trade, the market didn’t listen. The financial media apparently forgot that there is no solution...
View ArticleGold Outperforms Ahead of Inflation
My favorite form of technical analysis is intermarket analysis which is the comparison of various markets and sectors. All markets relate in one way or another. The current market cycle is being...
View ArticleIs the Rare Earth Stock Marathon About to Take Off?
The front page headline in the Wall St. Journal a couple of weeks ago read, “Goldman Sachs (NYSE:GS) warns of surplus with rare earths (REMX), rare earths seen growing less rare.” If there was ever a...
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