Precious metals have been on a tear for much of the last year, no doubt delivering huge profits to some of the hedge fund managers who began stocking up on bullion in early 2010. Read more…

NYSE:DGZ, NYSE:DUST, NYSE:DZZ, NYSE:GLL

While I don’t think gold is likely to head back down and make a lower low I’m going to lay out a simple strategy to protect against getting caught in case it does. Read more…

IAU, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL

Political and social unrest in the Middle East was the most discussed topic during the week. Restlessness and riots could inflate food prices in the region and worsen the economic balance Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

Gold and silver are sliding sharply just as I predicted, even though the long-term fundamentals remain as bullish, if not more bullish, than ever! Read more…

NYSE:DGZ, ZSL

Financial history teaches that market prices are not just subject to cyclical fluctuations — mainly following the business cycle. They are also liable to much longer lasting secular trends, often Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

Gold, silver, oil, and other commodities — are all starting to slide, just as I predicted. Gold down almost $100 from its recent record high. Silver down more than $3.40, nearly 10%. Read more…

NYSE:DGZ, ZSL

I’ve noted in the nightly updates that gold is now deep in the timing band for a daily cycle low. My best guess is gold should tag the 38% Fibonacci retracement before bouncing out of that short term Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

In our previous free essay we’ve mentioned that mining stocks are at a particularly important crossroad, and whichever they decide to move is likely to determine the way for the underlying Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

It’s still too soon to jump back into the precious metals sector. Gold is now due for a yearly cycle correction. A correction of that degree  should take gold down to $1300 or lower. Maybe even as Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

I’ve often come out with bold forecasts and have been told I’m nuts. I’ve been scoffed at by most other analysts and certainly those from Wall Street or those with any other traditional financial Read more…

NYSE:CNY, NYSE:DGZ

I was chatting on the phone earlier this weekend with one of my readers about the shocking drop in the price of gold earlier this past week.  We agreed that the mini-crash seemed to be the result of a Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

Let’s face it almost every trader or investor dreads a draw down. Traders do everything they can to avoid them, even if it means they drastically reduce their ultimate gains. Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

History has been peppered with financial bubbles and we’ll get to that, but first, is gold in a bubble? So far it’s been the amazing, runaway investment of the past decade. If you’d put your money into Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL

Monday morning I was greeted via my inbox with a Bloomberg report on Gold. Bloomberg has a series called “The Dark Side of Gold.”  Its important to note this isn’t the first time the news Read more…

IAU, NYSE:DGL, NYSE:DGP, NYSE:DGZ, NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL, UBG, UGL