Category: Weekend Newsletters


Sun, 10 Feb 2019

  After some deliberation, I altered my short-term outlook for precious metals and miners last week. The rally out of the 45-day cycle low in miners was troubling me. The 5 to 7-day thrust was robust and on expanding volume. It’s rare for a move like that to terminate abruptly; there is almost always a […]

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Sun, 27 Jan 2019

  Next week is shaping up to be pivotal. Wednesday’s FOMC announcement will set the tone. Market participants will be looking for guidance concerning interest rates and balance sheet reductions. From a cyclical and technical perspective, metals and miners are in the ideal position to form intermediate tops next week. Key resistance in gold arrives […]

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Sun, 20 Jan 2019

  Big picture time for gold. It’s easy to get lost in the daily and weekly gyrations and lose sight of the broader perspective. Gold enjoyed a healthy uptrend for over a decade before peaking in 2011 and entering a bear market. Prices began a sideways chop starting in 2013, and trading has been difficult. […]

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Sun, 23 Dec 2018

  To know where we are in the markets, first, we need to understand where we are in the broader economic landscape. The US stock market is weaker than I anticipated going into year-end. I felt stocks would reach new highs after an October slump. Instead, they have fallen to new lows. Bearishness abounds, and […]

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Sun, 2 Dec 2018

  It looks like commodities, measured by the CRB are descending into multi-year lows. If I’m correct about oil, we should see a significant bottom in the first quarter (Q1) of 2019. Precious metals typically bottom before oil and the CRB. I think gold will bottom in December – January at the latest. The indecision […]

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