Market Alert sent on August 18th 2009

• Read more

The long term gold chart confirms a 60% chance that gold prices are going higher above the $975 level, and possibly above $1000. However, two key drivers of PM prices - the U.S. dollar and the Stock market - are now vulnerable to a strong move in either direction.

• Read more

The dollar moved higher, but no worries, gold declined only half as much. This is bullish for the entire precious metals market. The fundamental situation justifies a move above the $1000 level. Still, we must proceed with caution as the situation in the USD market has become vague, making specific calls for the PM sector very risky.

• Read more

Even the conservative Wall Street Journal is beginning to like gold’s gleam. Last week’s brief correction didn’t catch my Subscribers by surprise, since they got a heads up the week before. This week we look at a head and shoulders pattern forming in the precious metals stocks, which indicates where one might expect the PM sector to head next.

• Read more

This week we report on subtle clues about improving fundamental situation on the precious metals market, and discuss the short term outlook. We put the emphasis on the most important markets and additionally we mention what one of the leading stocks on the market is suggesting at the moment.

• Read more