Are you tired about not knowing anything about today’s commodities. Read these posts to find out what you’ve been missing out and learn more about commodities.
Gold Awaits Fundamental Shift
The following post was originally published on TheDailyGold.comLast week we wrote that Gold’s poor performance in real terms could reflect its worsening fundamentals. Real interest rates are rising because the rate of inflation has peaked and bond yields are rebounding. It is a double whammy for precious metals. This is not permanent but something that could last a few … [Read more...]
Gold is Weak in Real Terms
The following post was originally published on TheDailyGold.comIntermarket analysis is a rather new field in technical analysis but one of my favorites because it is critical in understanding Gold. Asset classes like stocks and bonds are enormous and aren’t as influenced by as many factors as Gold. Trends in stocks, interest rates, commodities and currencies impact Gold in … [Read more...]
Gold & Gold Stocks Nearing a Big Move
The following post was originally published on TheDailyGold.comGold and especially gold mining stocks rebounded on Wednesday and trended higher into the weekend. This is giving some investors renewed hopes that the bull market that began roughly 18 months ago is about to reassert itself. We cannot know for sure yet but what we can say is precious metals are nearing a big … [Read more...]
Return Of The Gold Bear?
The following post was originally published on TheDailyGold.comIt was exactly one month ago we discussed our posture as a “bearish Gold bull.”The gold mining sector hit a historic low nearly 18 months ago but this new cycle has struggled to gain traction as metals prices have stagnated while the stock market and the US Dollar have trended higher. Unfortunately recent … [Read more...]
David Rolfe on Accidentally Turning Your Stock Portfolio Into a Sector Fund
I just came across this David Rolfe interview about common investment mistakes people make with stock portfolios. You can watch it, I’ll wait. Then we can talk about it after.Welcome back.Rolfe’s advice is pretty simple, but it speaks to a consideration that tens of thousands of investors never ponder. In short, if you have a portfolio of 30 stocks, and six of them … [Read more...]
Gold Miners Weak But Not Oversold
The following post was originally published on TheDailyGold.comIf looking at Gold only in a vacuum, it looks good. Its uptrend since the start of the year remains intact and it has pushed above its 50 and 200-day moving averages. It closed the week at $1280/oz and could test $1300 next week. But looks can be deceiving. Considering the US Dollar index closed at a 7-month low … [Read more...]
Is Peter Schiff Full of It?
Who is Peter Schiff? If you don’t know who Peter Schiff is, feel free to stop here and continue your life blissfully ignorant of his place in the investing and macroeconomics landscape. If you must know, however, Peter Schiff is an investment author, talking head, Youtube personality,host of the Peter Schiff Show podcast, and CEO of Euro Pacific Capital. Schiff’s star began to … [Read more...]
Gold Somewhat Ignores Dollar Weakness
The following post was originally published on TheDailyGold.comThe precious metals complex rebounded as expected after becoming very oversold just a few weeks ago. The rebound has been aided by weakness in the US Dollar, which plunged roughly 2% over several days. However, upon further inspection Gold’s rebound has been entirely dollar-centric. Gold has remained weak in … [Read more...]
The Bearish Gold Bull
The following post was originally published on TheDailyGold.comThe Bearish Gold Bull was the title of my presentation last weekend at the Metals Investor Forum in Vancouver, British Columbia. While the title could be ascribed to me personally for my recent tendency towards conservative and cautious views, it more importantly describes the current dichotomy in the gold … [Read more...]
Gold Stocks & Silver Nearing Relief Rally
The following post was originally published on TheDailyGold.comThe past few weeks have been rough for precious metals. Gold had climbed all the way to $1297/oz but the other parts of the sector (Silver and the gold stocks) failed to confirm the move. They have since fallen off a cliff. Over the past 14 days, GDX has lost 15% while GDXJ has declined 20%. Silver during that … [Read more...]
