Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This document does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.
There is no surprise that gold has seen a small reversal this morning. After trading 1661 gold has rallied to 1689. We are sellers of this rally if it reaches 1700. The price action remains […]
Through all the hate mail and the gold bugs telling me that gold was going much higher, we remain short and are on target for our next target of 1600. The price action doesn’t lie; […]
Although marginally higher this morning, gold, silver, and platinum are ugly. The big question: how low can they go? No one knows when the selling will stop however the price action is as bad as […]
Gold, silver, and platinum have fallen into a deep hole and show no signs over reversing. This has been one of the worst beatings for precious metals in a long time. Since the August 12th […]
Although many believe that gold is a protective investment for their portfolio, they would be wrong. Gold, silver, and platinum look to be headed much lower. Last week’s rally attempt was put down; we expect […]
If you remember the great movie Trading Places, one of the classic lines towards the end of the movie was “sell Wilson sell.” That would be the stance we would be taking on gold now: […]
As we watch the price action in the precious metals there is no doubt that we will see a natural bounce from oversold conditions. The speed and angle in which gold and silver are falling […]
The selling intensifies in gold, silver, and platinum. From the August 12th highs to new recent lows. The selling should continue although a rally in the next day or two would be no surprise. Often […]
The interesting thing about markets, just when you think you have figured them out, they do the opposite. Just six trading days ago the precious metals looked ready to run; we reversed our silver position […]
