Something To Cheer About

/70 Comments/in /by

Yes , It's a Supberbowl weekend in the U.S., but there is something more to cheer about. I am currently doing several studies with very bullish implications for the GOLD & SILVER market. My readers know several of the things that I've been tracking for months, and there are other areas that I look into also. Right now I see things that indicate ... Well, I'll leave that for the weekend report. Right now look at these 2 charts. 

.

The HUI has had bear mkt rally after bear market rally since 2012, but each 'cycle' could not surpass the last one from low to high.  THIS CHART is a first, and it is just 1  sign of change to cheer about.

HUI CHEER

HUI CLOSE UP

WHOA HUI

My weekend report will likely be released by late Sunday night or Monday morning, and it will be filled with facts that will build your confidence that finally we could be seeing the Bear Market Lows, expectations, price projections, etc.  : )

Lets look at some of our trade ideas for now....

Read More

Is That Toast You Have There?

/72 Comments/in /by

2 Charts of the $USD - Can you believe that I drew this drop in the dollar a week ago? It was based on the first drop that took place in early December.  Lets look at the dollar as of yesterday.

USD 1-26

$USD Wednesday - This may be a piece of toast and what might that do for Gold?

USD 2-3

Let me give you a quick idea ...

Read More

Never A Straight Path

/56 Comments/in /by

The twists and turns of the markets continue.  There is so much going on , that this is like a weekend report, with 22 charts.  Lets take a closer look.

.

SPY -  After hitting some overhead resistance , yesterdays sell off remains within acceptable parameters, however...

SPY 2-2

The BANKING INDEX still looks ugly.

BKX 2-2

This is GS for example. 

GS 2-2

Will markets keep rising with an ugly banking sector?  Lets dig deeper...

Read More