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Key Support Levels in Metals & Gold Miners

One should wait a day or two after a Fed day to know if a move is real because the reaction (to the Fed) can be reversed in 24 to 48 hours. Now, 48 hours later, we know the move wasn’t real, and the sector correction continues. Last week we noted that gold and silver … Continue reading “Key Support Levels in Metals & Gold Miners”

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Interview: As Stock Market Pulls Back Is It Time To Buy Gold Stocks?

Today the DOW fell over 1000 points following yesterday’s FOMC announcement and economic outlook from Jerome Powell that predicts more of a bounce than a massive economic recovery. Today everything is down though including gold, which has fallen about 20 points. How should those interested in gold investing and watching the price of silver take … Continue reading “Interview: As Stock Market Pulls Back Is It Time To Buy Gold Stocks?”

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Interview: Comparing Correction to 2008-2009

Jordan Roy-Byrne joins me for a close look at the current 2+week correction in gold stocks. We compare the current correction to 2008 which has many similarities to this time in terms of economics and other factors. We wrap up the call with comments on silver and the recent run to almost $19. Click Here … Continue reading “Interview: Comparing Correction to 2008-2009”

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Healthy, Bullish Correction in Gold Stocks

Corrections are a good thing. As we wrote last week, they pave the way for new buyers and new adopters of the trend. In turn, the trend strengthens. During the bull market of the 2000s, the corrections in gold stocks were mostly long, multi-month consolidations.  The brief cyclical rebound from 2008 to 2011 was the … Continue reading “Healthy, Bullish Correction in Gold Stocks”

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