From the Desk of Ian Culley @IanCulley
I’ve had palladium on my mind for a while – long before gold posted a new all-time high.
Why palladium?
It all started with an extreme Commitment of Traders (COT) profile…
Expert technical analysis of financial markets by JC Parets
by Ian Culley
From the Desk of Ian Culley @IanCulley
I’ve had palladium on my mind for a while – long before gold posted a new all-time high.
Why palladium?
It all started with an extreme Commitment of Traders (COT) profile…
by Ian Culley
From the Desk of Ian Culley @IanCulley
Last week’s fresh all-time highs left many gold bugs empty-hearted.
The market continues to torment precious metal bulls as they wonder what could have been.
But hopes and dreams aren’t a viable strategy.
The only “what if” that concerns me is whether the yellow metal flashed a failed breakout.
Or are we simply dealing with a a premature move?
Let’s dig in…
by Louis Sykes
From the Desk of Louis Sykes @haumicharts
We’ve been all over this one.
Two weeks ago, we couldn’t help but discuss the impressive move out of the silver/gold ratio, pointing to risk appetite in the precious metals space.
Now, gold’s crazy little cousin is pressing up against new 52-week highs.
by Ian Culley
From the Desk of Ian Culley @IanCulley
Mining stocks are breaking out.
All four names we outlined in last week’s Gold Rush Video have triggered buy signals.
The tide appears to swing in favor of the gold bugs.
And, based on Monday’s bullish price action, perhaps it’s just the beginning.
Check out the next gold miner most likely to break loose…
by Ian Culley
From the Desk of Ian Culley @IanCulley
The wait is over.
Goldbugs, rejoice.
Silver has finally found its dancing shoes!
Will it stop there? No one knows.
But, based on last week’s price action, gold’s crazy cousin may have slipped into party mode…
by Ian Culley
From the Desk of Ian Culley @IanCulley
Miami is pure gold.
It sways to its own beat, enticing and intoxicating even the insular traveler.
Incidentally, I was engulfed by the city’s rhythm as I attended a family wedding last weekend.
And it was wild!
I danced with family and friends and sipped bubbles at sunset in Key Biscayne straight through to the early morning hours along South Beach.
But this old dog would never have made it to dawn without my wife’s crazy cousins.
They displayed an appetite for reckless abandon that gold longs to witness from its own crazy cousin…
by Ian Culley
From the Desk of Ian Culley @IanCulley
Precious metals bulls have plenty to be excited about.
Major headwinds have abated as rallies cool in real yields and the dollar.
Gold futures are trading above their former commodity supercycle peak.
And the yellow metal is printing new all-time highs priced in every significant currency except the US dollar.
Even mining stock stocks are breaking out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
Investors love a good gold debate.
“Is it a commodity, or is it a currency?”
I’d argue it’s both.
But, today, I want to focus on gold as a currency in light of a series of new all-time highs versus fiat overseas.