Gold, silver and mining stocks moved a bit higher on Friday, so the question is if this daily rally changes anything. The move higher took gold above the declining resistance line - meaning that we just saw a breakout, but on the other hand the move materialized on low volume. In the past, this quite often meant that the next move would be down. On top of that, we saw an invalidation of the breakdown below the previous 2013 lows in case of mining stocks. What is the significance of these events for gold and silver investors? You'll find details in today's Market Alert.

• Read more

This week in precious metals:

• Gold gets oversold on short-term basis
• Dow-to-gold ratio raises above 13.01 (after a major breakout above 12.5)
• Gold and silver "should" have rallied, but they didn't. Can we expect a rally now, or will we have to wait some more?
• The situation gets tense for the junior mining sector
• US Dollar forms a hammer candlestick right after the cyclical turning point
• Mining stocks perform differently that the underlying metals — why this is likely to affect you.

If Ben Bernanke was only suggesting that tapering is not on the horizon as long as two key variables remain at specific level, Janet Yellen is clearer in her statement: we print until unemployment is over 6.5 and as long as the official inflation rate does not reach unacceptable levels. How this affects short-term and long-term outlook for gold is revealed in today’s Premium Update.

• Read more

• Read more

The intra-day reversal that we've seen in gold, silver and mining stocks on Monday is a MAJOR factor as far as discussing the outlook for the precious metals market is concerned. The reversal took place on big volume, which amplifies its meaning. Yesterday's price action was almost just as interesting. Spot gold moved temporarily above the declining resistance line, but reversed soon after that and ended up moving back to the declining support line (based on the August and October lows) - there was no breakdown either. How should investors position themselves given such contradictory signals? You will find details in today's Market Alert.

• Read more

The intra-day reversal that we saw in gold, silver and mining stocks is a MAJOR factor as far as discussing the outlook for the precious metals market is concerned. The reversal took place on big volume, which amplifies its meaning. You can read more about its implications for gold, silver and mining stocks investors in today's Market Alert.

• Read more