By Eric McWhinnie After remaining quiet for much of the day, gold and silver received a sharp pullback on Wednesday after the Federal Open Market Committee released its latest statement. The Fed’s April minutes closely resembled the March minutes, but precious metals still experienced a very brief and sell-off. Members of the Federal Reserve’s policy-making committee [...]
As a general rule, the most successful man in life is the man who has the best information Today I’m speaking with Christopher Taylor, M.Sc, P.Geo, President and Director of Planet Mining Exploration TSX.V – PXI Rick: Tell us a little about yourself Chris. Chris: I was a project geologist with Imperial Metals. I [...]
From Gold Seek / April 23, 2012 Many forces influence the gold markets today, sometimes producing confusing indicators of what may lie ahead. In this exclusive interview with The Gold Report, John LaForge, commodity strategist at Ned Davis Research Inc., talks about the numerous and sometimes not-so-obvious factors that he considers in his research and [...]
Willem Weytjens www.profitimes.com I have written (and warned my readers) several times about the weak performance of the HUI index compared to the price of Gold. Despite general stock markets approaching pre-crisis highs and Gold holding up quite well so far, the HUI index has dropped quite substantially. The combination of weak performance of HUI [...]
Gold and Silver have been correcting multi-year advances. In this article we illustrate what ultimately develops as these corrections progress into consolidations. Namely, volatility declines, general interest in the market evaporates and this produces sentiment that is conducive for an important bottom. Because these are long-lasting, sustained corrections, the bottoms take time to develop. There [...]
By Eric McWhinnie The World Gold Council, the global authority on gold and its uses, recently released its overview of the first quarter of 2012. While there are many factors affecting gold these days, the report breaks down three key themes for gold that took place in the first quarter. It was a challenging quarter for [...]
By Rick Rule After a reasonably long period of sustained and occasionally dramatic escalations, commodity markets in general, and precious metals markets in particular, have declined. This is normal and healthy behavior, even if it is uncomfortable for some market participants. Readers with a long memory will remember the 1970s gold bull market, where the [...]
From Silver Vigilante / April 20th, 2012 History is just that: HIS-STORY. It is a play conjured by entrenched interests who have time and history on their side. The macro-events of daily life are not the effect of democratic processes or chance, but, instead, the execution of all things by powers-that-be, with 24 hour think-tanks [...]
In the face of a correction or poor price action, we’ll often hear analysts proclaim the bullish fundamentals of precious metals. While this is true on a structural and secular basis, it doesn’t mean the market always advances every year or two. We’ve written about the wall of worry phase and how progress in the [...]
Stock Tiger This longer term gold chart shows the bounce at support at 1613 and the inability of it to get back over the 50 day moving average at 1678. Gold futures did have a nice rally though ran in that down trend line at the 78.6% retracement and has fallen from there. The longer-term [...]