Gold

Editor's Note: This article originally appeared at Marketurningpoints.com   Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged...

While today's $45 plunge in spot gold has violated the monthly low at $1612.47 and pressed the price structure to a new 9-week reaction low at $1595.32, let's notice that the pattern emerging from the very big picture continues to carve out a massive high-level congestion area in the form of a...

  Editor's Note: This post originally appeared for the week at Marketurningpoints.com Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over)there will be another steep and...

By Helen Burnett-Nichols, Minyanville While the gold price moved higher in the first quarter, gold equities had a tougher start to the year. Tom Winmill, portfolio manager of the Midas Fund ("MIDSX") says gold mining equity valuations haven't been this attractive in years and points out the most...

Gold and Silver have been correcting multi-year advances. In this article we illustrate what ultimately develops as these corrections progress into consolidations. Namely, volatility declines, general interest in the market evaporates and this produces sentiment that is conducive for an...

Since 2000, gold bugs have had been laughing at the yellow metal's naysayers. Legendary investors including Warren Buffett and George Soros have taken turns criticizing gold, whether it be to say the precious metal is a bubble waiting to pop or to note gold really has no utility. Even with an...

Polymetal International PLC reported a 74% surge in silver production in the first quarter. It also reported a 24% rise in gold production. Polymetal's quarterly silver production climbed to 5.7 million troy ounces, while gold production gained to 101,000 oz. Its copper production dropped 11% y/y...

By Helen Burnett-Nichols Metals analysts and one of the world's most famous gold critics outline what a bubble would look like -- and whether or not gold is heading there. Although gold prices have been climbing over the last decade and reached a record in mid-2011, and investment demand is...

The leading gold mining stocks have plummeted lower since since February 29, 2012. At that time, the highly traded Market Vectors Gold Miners ETF (NYSE: GDX) was trading around the $58.00 level. Yesterday, the GDX traded below the $50.00 area which is a sharp decline in such a short period of...

With Gold’s failure at $1800, it should be obvious that the market is in a protracted consolidation. This is actually similar to 2006-2007 and it is something we wrote about in a missive in early January. At the time, Gold had bottomed and had the luxury of very strong support nearby. We believed...