All Star Charts Gold Rush The Silver-Gold Ratio Hits a Fresh Six-Month Low January 8, 2024 Ian Culley From the Desk of Ian Culley @IanCulleyA risk-off tone is blanketing the precious metal space as a key data point suggests more pain ahead…Silver is underperforming gold.Check out silver undercutting a shelf of former lows relative to gold: The breakdown signals a lack of interest or risk-seeking behavior in the higher-beta vehicle.When silver fails to catch a relative bid, the entire precious metals space tends to follow. Read More
All Star Charts Gold Rush New All-time Highs on Gold’s Horizon January 2, 2024 Ian Culley From the Desk of Ian Culley @IanCulleyThe first day of trading is full of uncertainty and excitement. Aren’t they all!Yet the new year brings one promise: events that have yet to come.As corny as it sounds, it’s true.Sure, precious metal bulls see new all-time highs for gold on the horizon.I’m right there with them.But let’s not get ahead of ourselves on day one.Instead, let’s start the year with a long-term chart of gold…Here’s a monthly candlestick chart zoomed out roughly 30 years: Read More
All Star Charts Gold Rush Silver Miners Break Out December 26, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyThe buzz around gold’s new all-time high is growing – and for good reason.New all-time highs will likely become a regular occurrence in the coming quarters. But while gold makes headlines, my attention is on silver mining stocks…Check out the Silver Miners ETF $SIL carving out a potential double bottom: SIL is printing fresh six-month highs as it trades back above its June peak. Read More
All Star Charts Gold Rush What’s All This Palladium Stuff? December 18, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyI’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…Check out the longer-term chart of palladium futures with the COT in the lower pane: Commercial hedgers posted a new record-long position back in April. Read More
All Star Charts Gold Rush How To Play Gold’s False Start December 13, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyLast 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…Check out the weekly chart of gold futures, highlighting the breakout in question: Read More
All Star Charts Gold Rush Charting Silver’s Golden Journey December 4, 2023 Louis Sykes From the Desk of Louis Sykes @haumichartsWe’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.Just check out the chart of BlackRock’s Silver ETF $SLV rallying into this key inflection point near 23: Read More
All Star Charts Gold Rush Don’t Leggo This EGO November 27, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyMining 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…Eldorado Gold $EGO is carving out a classic inverted head-and-shoulders pattern: Read More
All Star Charts Gold Rush Silver Dons Its Dancing Shoes November 21, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyThe 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…Check out silver bouncing higher relative to gold: Read More
All Star Charts Gold Rush Silver Must Join the Party November 14, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyMiami 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…Silver!Gold wants to party like a rock star until the wee hours as it twists and turns toward a new all-time high.Unfortunately, silver doesn’t want to dance.Check out gold futures overlaid with the silver-to-gold ratio: Read More
All Star Charts Gold Rush Alamos Gold Breaks Out November 6, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyPrecious 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!Check out Alamos Gold $AGI ripping to a new five-month high: Read More
All Star Charts Gold Rush Gold Posts New All-Time Highs Overseas October 30, 2023 Ian Culley From the Desk of Ian Culley @IanCulleyInvestors 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.Gold priced in euro terms closed last week at its highest level in history. Read More
All Star Charts Gold Rush Breakout Alert: 3 Gold Mining Stocks to Track October 23, 2023 Ian Culley Gold and silver are pushing higher after posting potential failed breakdowns earlier this month.If the October lows mark a critical inflection point – and it’s still a big “if” – the following three names will be ripping above our risk levels…First up is a $5B gold mining company headquartered in Toronto, Canada.This is Alamos Gold $AGI: AGI provided profits in the spring, launching it to “fan-favorite” status. Read More