Gold Hits $1,325. Will $1,407 Be Next?

Gold continued its surge higher last week, hitting our first near-term target of $1,325 per ounce on Thursday before backing off a bit on Friday. January and February are typically very good months for gold,… Read More

Gold & Silver Looking Strong

Big rallies in gold and silver on Friday added excitement to the bullishness that has defined price action in the precious metals for the past two months. Because they are priced in dollars, both metals… Read More

“Sell the Rip” in the S&P 500

In our first blog post of the New Year we identified the current condition in stocks as a bear market and explained some of the differences between bear markets and bull markets. The way to… Read More

3 Observations: Stocks, Dollar, Gold & Silver

The New Year brings hope that those unmet goals will, with the right amount of effort and planning, become reality. The New Year also brings a flood of prognosticators who have dusted off their crystal… Read More

Don’t You Want to “Strangle” Silver?

Like people, markets have personalities. Take silver. Silver is rude. Silver is cantankerous. Silver can be fickle. But folks LOVE silver anyway. The “poor man’s gold” has an allure that has stood the test of… Read More

Ready to Defuse the Bond Bomb?

Interest rates measure the price of money. That makes them the world’s ultimate commodity. Like most commodities, the price of money has been falling for a long time. The yield on T-year Treasury notes topped… Read More

Key Commodities Bottoming: Part 1

The winds are shifting. Critical commodities like corn, soybeans, sugar, hogs and coffee appear to be taking a cue from the energy sector and forming what we believe could be multi-year bottoms in the entire… Read More