Monthly Archives: January 2016

ATTACK ON GOLD: GOOD OR BAD?

Almost 800 million dollars worth of paper gold was dumped on the market this morning. The question we have to ask is whether the cartel is trying to cap the gold rally, or are they just trying to create temporary lower prices to scoop up some more shares before the next leg up?

CHARACTER CHANGE IN THE METALS SECTOR

The 4 year bear market in gold has programmed traders to expect failure. That is 180 degrees the wrong attitude to have this late in a bear market. At this point instead of expecting failure you have to give every rally the benefit of the doubt. The longer this bear continues the greater the odds become that one of these intermediate bottoms will turn out to be THE BOTTOM.