Gold has been on a tear this year, but the yellow metal is presently encountering potential resistance stemming from the 2011 highs. Following more weak…
Tagged $GDX
Is Resource Reflation For Real?
A number of key charts pertaining to the basic resources sector have scored important breakouts in recent days. As large-cap averages break into all-time high…
Rally In Gold Stocks Hitting First Big Challenge
A key index of gold stocks is hitting its first level of major potential resistance since its false breakdown to all-time lows in January. Flashback…
Have The Dollar Excesses Been Worked Off Through Time?
While the U.S. Dollar has suffered very little price damage since topping a year ago, “smart money” commercial dealers have unwound much of their record short…
Gold Stocks At Key Juncture?
Gold stocks are testing the level of their recent breakdown to all-time lows; will it be a false breakdown, or the start of a new…
Gold Stocks Hit Lowest Levels. Ever.
A popular gold equity index closed at the lowest level in its 30-year history today. It has been a rough ride for gold bugs in…
Good News: Gold Speculators Haven’t Been This Gloomy In 13 Years
Gold sentiment may finally be getting bearish enough to support a durable bottom. Gold bugs may finally be getting the good news they’ve been waiting…
It May Finally Be Time To Buy Gold…With An Asterisk
It’s been a rough stretch for gold, to say the least. After being the star asset class of the previous decade, the last few years…
Gold Stocks At Lowest Levels Since Goldmember
On Friday July 26, 2002, the film Austin Powers In Goldmember was released in theaters. While I can’t recall whether it won any Academy Awards,…
“Everything Is Awesome” Brought To You By The Fed
Some days, the stock market soars at the expense of bonds. Other days, it is commodities like oil or gold that shine. And some days,…