Gold & Silver

$1000 Gold Holds The Key To A Price Bottom

As $1000 Gold prices come into view, investors are starting to get tired. But make no mistake, $1000 gold is a key psychological level that may be the difference between a grind them out, tire them out bottom/base and a capitulation “V” bottom. It’s been well documented that the Gold…

Gold Futures Prices Decline Towards Key Price Target

After the huge bull market that ended in 2011, Gold prices have done nothing but wring optimism out of Gold bugs at every turn. As many investors are aware, Gold has been a falling asset for the past 4 years. In previous posts, I’ve mentioned a certain price level for Gold futures…

Gold Prices Oversold But In Need Of Market Catalyst

Gold bugs should be wishing the U.S. government begins to run larger deficits. There are tons of reasons why Gold prices have been languishing since the peak in September 2011, but as it turns out gold prices have a negative correlation with the federal government’s budget balance. Post-Great Recession, the U.S….

Commodity-Related Stocks and ETFs Surge As Dollar Slumps

January through much of September witnessed significant weakness in emerging markets (EEM) and essentially anything resource and commodities-related. Steel companies (SLX), the Gold miners (GDX), and coal stocks (KOL) are three of the commodities-related industries that were the hot ‘reflation’ trade coming out of the 2007-2009 bear market, but then quickly…

The Gold Rally (GLD): Price Targets And Trading Considerations

The past two months have seen the precious metals sector begin a choppy bounce higher. Several well followed traders have spoke of Gold’s promise, but success trading Gold or Silver futures or the ETFs (GLD and SLV) will likely depend on each traders risk-defined plan. Currently, traders have the July low to…

Market Outlook: Are Bond Bulls Ready To Run Higher?

In last week’s market outlook (“Stalemate“) I speculated about the potential danger of the market getting what it wanted from the Fed, namely no increase in interest rates. My view was that this could send a signal that the global economies were weaker than expected, hardly an outcome favoring the…

After Historic Decline, Silver Prices Rally Off Key Support

Since the spring of 2011, Silver prices have been mired in a persistent decline. Every rally has been sold and subsequent selloffs have been painful … let’s just say that it’s been a rough time for silver investors. As you can see in the chart below, Silver hasn’t seen this large…