Gold Editorials & Commentary

Silver has been drifting in a rather lackluster summer. Ever since surging to $19.50 in mid-May, this often-popular white metal has been grinding sideways to lower. By late July it had fallen over 10% to about $17.50.

Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader.

Gold and the Dollar: Going Higher Together?

The Federal Reserves announcement this past week that they will monetize their debt sent markets reeling initially, but they seem to have somewhat stabilized, at least for now.

GLD - on buy signal.

Precious-metals stocks really haven't had a great summer by any means. After rallying initially in June, they started relentlessly drifting lower in July. The net result of this lackluster summer trading is a lethargic drift sideways.

The article of July 22nd on "Smoking Guns of USTreasury Monetization" hit more desks, raised more dust, and brought more attention than expected to the heightened malfeasance in progress using USGovt debt securities.

WILL THEY EVER LEARN?

I took some stick over the past week for my predictions that the market was about to "come a cropper", in the Message to Wall St and Friday's Candlestick Warnings articles.

I find it amazing how many traders do not use volume as a factor in their trading decisions.

Anyone who has kids or has been around them whatsoever knows this weeks title is Buzz Light years oft repeated phrase.

GLD - buy signal this week.

Commodities have been shining recently as the US Dollar loses its luster for investors. Also the weakening dollar has helped boost equities as a lower US dollar helps the large multi national companies.

A theme of frequent mention has been the Paradigm Shift in the financial world. It refers more specifically to the global shift away from a USDollar-centric alignment.

It doesn't have to play out, but a note of warning of the possibility is to be forewarned. Recently, I suggested that the fractal surrogate chart I have from the 70's played out with a final sharp drop in that PM stock surrogate.

I need a vacation like I need my morning coffee. The never ending barrage of lies, fudged numbers and attacks on gold are wearing me down. Along with the long hours.

As we all know there is an unlimited amount of ways to trade the financial markets. Each person sees the market in a different way, has different skill sets, trading experience and risk tolerance levels.

GLD - on sell signal.

Lots of traders like to buy breakouts as, across those resistance lines, shorts are flushed out and overhead price resistance dwindles. We're not of that mindset when considering buying gold and prefer to buy along technical support.

Double Dip used to pertain to ice cream cones, but now to dreaded return to economic recession. Green Shoots used to refer to gardening projects, then to deceptive economic viewpoints.

Most traders I have been talking with are feeling the same thing. Something big is brewing for the equities market but most do not want to get heavily involved until there is a clear direction.

The second half of last week we saw some strong price action in the equities market. The S&P500 broke through the 5 and 50 day moving averages closing the week just under key resistance levels.

Ben Bernanke spoke this past week and was quite frank during the first day of testimony. The markets plunged as a result of his talk of the economy being "unusually uncertain".

GLD – on sell signal.

Oil stocks have to be one of the most unloved sectors in the markets today.

A significant feature of fiat money systems is the privilege for the custodian of the reserve currency to engage in regular practices of ham-fisted monetary management, even permission for fraudulent centers to flourish, surely developing a debt monster that an

While we’re convinced gold and gold stocks are destined for much higher levels, buying when prices are low can mean the difference between a double or triple and a ten-bagger... a week in Malibu vs. a week in Milan.