Powell’s comments triggered a substantial rally in gold, silver, and mining stocks simultaneously causing a decline in the USD Index. If the Fed really changed its approach toward raising interest rates, shouldn’t gold rally from here?

• Read more

Gold, silver and mining stocks declined in a quite visible way yesterday, which is in tune with our previous expectations. In the previous days it was only silver and miners that declined in a meaningful manner, but yesterday gold joined them, making this a sector-wide decline. Is this the groundbreaking decline that we’ve been writing about for so long? Time will tell, but the earth is already shaking.

• Read more

Some signals are profound even if nothing is taking place at the first sight. That’s currently the case with the gold market. We have just seen a very important signal that is not possible to see without connecting the dots that are not visible on the regular charts. The key “dot” is not visible on any chart, and yet, there’s no doubt that it should be taken into account even by the pure chartists.

• Read more

Following our regular procedure while preparing the Gold & Silver Trading Alerts, we went through more than 100 charts (close to 150) in order to find game-changing, important, and interesting developments. There were no game-changers and the outlook remains intact, but there were couple of interesting developments that we would like to comment on. We will also take this opportunity to reply to a question that we received about waiting for the decline in the precious metals market to finally take place. Just how long can one wait for it?

• Read more

In the previous Alerts, we let you know that the next few Alerts will be shorter than usually, but even if we hadn’t made this announcement, today’s analysis would have been short anyway. The reason is that nothing really changed, and what changed simply confirmed our previous analysis.

• Read more