Tag Archives: gold
Precious Metals Outlook: Another Gold Watershed Event Occurs Confirming the Secular Bull Market is Alive and Well
The Economic and Monetary Affairs Committee of the European Parliament has approved gold to be used as collateral If you listen closely you will be able to hear the crickets. Not a word about this story in the typical financial newspapers. I’ve unfortunately been listening to Bloomberg TV and CNBC all day and have yet to hear a discussion about […]
Japan Tragedy & Gulf of Mexico BP Spill Follow Similar News Cycle / Precious Metals Outlook
The Japanese tragedy continues to unfold and I, like the rest of you, watch on in horror. Meanwhile, the toxic sludge spewing from the traditional financial media outlets is at full throttle with spigots wide open. Nothing like a good tragedy to create hysteria and boost ratings. I’d like to take it down a notch and offer a reality check: […]
Precious Metals Outlook: Newmont(NEM) Takeover of Fronteer(FRG) Evidence of Phase II
Update: Three Phases of the Secular Bull Market in Gold – By Gary Rosenthal In our first installment of the ‘Three Phases’ manifesto I wrote: Phase II: During phase II the rising pattern of gold will begin to accelerate . However, the gold mining stocks will experience rising relative strength verses the metal as explosive quarterly earnings reports bring attention to the sector. Takeovers […]
Precious Metals Outlook
The Three Phases of Every Secular Bull Market in Gold – By Gary Rosenthal Phase I: In the early years a rising gold price is greeted with suspicion, doubt and often complete disbelief. The market is dominated by speculators and traders seeking relatively quick short term profits. Although gold may double or even triple in price during this phase(which can last five or […]
A Study of the Seasonality in Gold Prices
Precious Metals Outlook: A look at seasonality suggests the best of 2010 is in the offing… My last post, A Trifecta of PBOC Announcements Gives Owners of Gold a Winning Ticket, focused on the compelling fundamental developments emerging in the precious metals arena. We have witnessed a 3.5%+ increase in Gold prices since that post on August 4th. Today, I’d like to add […]
Precious Metals Outlook,Stock Market Strategy and Worldwide Liquidity Update
Precious Metals Outlook: Bloomberg TV Headline: Goodby Gold Bloomberg TV ran the above story yesterday morning, interviews were conducted and a consensus was formed. Based on this simple indicator I would say that Gold Prices bottomed yesterday at around $1159. We will call this indicator the ‘Fin. TV’ indicator. You may recall how unbelievably accurate the Fin. TV indicator was in […]
Precious Metals & Credit Report: A Refresher Course & An Update
Guest Post by Don Coxe (courtesy of Zero Hedge) Don Coxe Dissects Gold, As “The Oldest-Established Store Of Value Moves To Center Stage” …We think that future historians may well report that the moment when gold once again became a store of value was when the dollar began soaring in response to the stench of seared Greece—and gold climbed right […]
Understanding Recent Equity Market Mayhem: A Tidal Wave of Liquidity Creation Meets a Cavernous Trench of Debt
Over the last couple of weeks we have witnessed a series of conflicting reports from all over the media complex as to why equity markets are under pressure. Predictably, as soon as the markets recover a bit these same pundits come up with all sorts of reasons to cheer. Needless to say these hysterical reports, bullish or bearish, are entirely […]
Is Quantitative Easing Alive and Well? Evidence Mounts Suggesting the Answer Is Yes
Today, I’d like to address a curious phenomenon developing in the Treasury market. March 31st supposedly marked the end of the Fed’s quantitative easing (Q.E.) phase. We were told the Fed would no longer print money and buy mortgage backed securities. There was, of course, no discussion about the Fed printing money and buying other assets. However, ‘ending Q.E.’ carries […]
Stock Market Strategy / Precious Metals Outlook: Reprint of RCM October Letter to Limited Partners
We disseminated the following letter in October. Due to the events of this week and subsequent market behavior I feel a reprint is in order. The Gold price approaches $1,400/oz and the Silver price is poised to breach $27/oz. A paradigmatic shift is occuring in the precious metals arena. Understanding and awareness will be required for those wishing to enjoy the parabolic […]