The precious metals sector moved higher yesterday, but it's already down in today's pre-market trading, so yesterday's PM moves seem to have little meaning overall. There is much more going on behind the curtains than in front of them. Silver's very long-term cyclical point is here, copper just broke below critical support level, and the USD Index is making a very important test right now. In fact, yesterday's move higher in the PMs was likely caused by traders' assumption that the breakout above the May high would be invalidated. It wasn't, so the prices reversed. What's next?

• Read more

Yesterday's Alert introduced you to the very relevant analogies from the 90s that apply to today's precious metals market. Both silver and the miners have shared their lessons. Today, we'll cover some key ratios, bonds and non-USD perspectives. Don't get lulled by the relative calm in both the yellow and white metals. It's misleading, and we'll start with a long-term overview.

• Read more

Michael Jordan is no longer the key NBA player, Britney Spears and Backstreet Boys are no longer winning in the top charts, and the new movie hits are not about gigantic cruising ships crashing into icebergs (Leonardo DiCaprio continues to enjoy his fame, though), but there is something about the 90s that one needs to be aware of. At least if they are interested in making money in the precious metals market.

• Read more

In yesterday's analysis we commented on the major precious metals ratios and we discussed the most important technical developments in the USD Index and how they are likely to translate into gold prices. We wrote about two specific gold-USD situations similar to the current one and we highlighted which one of them is the key one. Today, we will go into greater detail regarding the most similar case. Taking a closer look reveals that there are many more similarities than apparent at first sight.

• Read more

Gold bulls appear to be shaking off Tuesday's steep plunge. In today's gold Alert, we'll look under the hood of yesterday's upswing. This ties well with the detailed analysis we've brought you yesterday - we'll look at several key gold ratio. Such 360-degrees view will reveal what has changed with this gold rally, and what has not. Get ready for some illuminating parallels!

• Read more