Category: Weekend Newsletters


Sat, 9 Jun 2018

  There is a cyclical nature to almost everything in life and gold is no different. During the good times (2001-2011), gold rallied year-after-year, and everyone was excited. In tough times (2011-2015) prices declined year-after-year and dreams were crushed. Where are we now you ask? I believe we are transitioning into another run of “Good […]

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Sat, 12 May 2018

  We are in the worry stage surrounding 6-month lows. Prices may have bottomed, but it’s unconfirmed. If metals and miners remain buoyant next week, I’ll give the all clear and confirm the 6-month lows. If prices weaken and close below key support, we may see one more dip. Miners are diverging positively from gold […]

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Sat, 5 May 2018

  Gold is approahing an important low and I see two potential scenarios. Scenario 1) Prices formed 6-month lows on Tuesday, and a new rally is just getting started. Scenario 2) This is just a 3-5 day bounce and prices will rollover and bottom within a week or two. The COT for gold is neutral […]

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Sat, 21 Apr 2018

  The dollar rallied on Friday and gold finished lower. We will find out next week if this is just a pullback or the beginning of a more profound correction in gold. The evidence isn’t overpowering, but I see subtle clues supporting a basic pullback. Over the last year, we’ve been conditioned to expect little […]

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Sat, 7 Apr 2018

  Gold’s COT improved with commercials reducing their short positions by 32,330 contracts. However, it remains moderately bearish at 351,473. The non-commercial (large speculators) in silver increased their net-short position for the third straight week. Again, the last time we saw this was in 2003 (see bullish silver chart). There was mild selling on strength […]

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