The resource sector, aka the miners, appear to be in the midst of a downtrend that has turned into a capitulation phase. It is important to note that like parabolic rises that forecast major tops, fishing line charts, panic selling and capitulation selling indicate bear market bottoms. Seasoned investors that understand market psychology try to [...]
I am tired of the manipulation in the gold market and I am really tired of this battle over $1,600 per ounce. With that being said, I am not surprised that it is happening now, because this market is about to get much uglier. The Cypriot deal was the shot across the bow that should [...]
The news cycle is beginning to move on to the next “big story”, the fate of Italy in the continuing saga of the financial implosion of the Euro-zone. What is being glossed over is probably the biggest story of the decade: the implications of the solution that has been instituted for the Cyprus bailout! The [...]
Gold looks to be ready to turn to the upside, because the major support at $1,525 has held solidly. There is still a small chance that the price could once again turn down for another test of the $1525 support level because there are really big interests that do not want gold to start moving [...]
How do you know when a company is a good investment? Can you improve your odds of picking a company that is on the move and know if that movement is going in the right direction? In a lot of cases, the answer is a definite yes. One tool that you have available to you [...]
As we head into the the final 72 hours before the “great intellects” in Washington take us over the fiscal cliff, I am completely bored with the subject, the news coverage and both party’s attempts to blame each other. There is nothing so vapid as the mental midgets in Washington expounding on how they plan [...]
U.S. gold eagle coin sales took off to the upside after the results of the election became clear. Small and large investors alike, realized that America’s spending and penchant for debt was not going to abate in the next four years under the rule of “The Community Organizer In Chief”. Any chance of reigning in [...]
Markets rise and markets fall and sometimes they wait patiently to see which way the wind is blowing before they begin to advance or decline. This action is commonly called trading within a range. Stocks tend to rise to a point and then decline to another without breaking out in either direction. More often than [...]
This is a quick update on a story that should be headline news, but as we all know, the media is not involved with actually reporting the news. Their job is to insure that the public has no clue what the regime is doing. This is a story that lays out what the future holds [...]
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Recent Comments