Blog/Precious Metals

Money Laundering & Gold

I have warned that if you are going to buy gold, make sure it is common date $20, $10, or $5 gold coins since bullion is going to become a dirty word. As of April [...]

Read More

Gold – the Bounce

Of course those biased toward gold will relay the rally as big volume, as if this were some sort of fresh buying that warrants cheering when in fact it is a [...]

Read More

Gold & the Perpetual Nasty E-mails

Gold closed at 1094.10 holding the Weekly Bearish Reversal at 1084 once again. The nasty emails have come in already asking, “Where’s the bounce?” It [...]

Read More

Gold – Still Holding For Now

The trading range is defined by our Daily Bearish Reversals at 1080 below and 1109 above. The Energy Models are improving and a closing outside of this range will [...]

Read More

Hedging vs. Trading – What Really Makes the Low?

The lack of understanding with respect to market development is astonishing. The gold promoters desperately continue to argue that demand is somehow rising for [...]

Read More

Gold & the Commodity DEFLATIONARY Wave

Gold remains extremely weak. We need a daily closing above 1108 to say the low is temporarily in place and a bounce back up is possible. The 1080 level is critical [...]

Read More

The View on Gold and Silver

QUESTION: Thanks for the latest posts.I have 3 queries if you care to consider them. Some years ago you used to say $5000 and $12000 when contemplating [...]

Read More

Gold – What Now?

Gold elected the Monthly Bearish at 1155 and we did so well below that level, holding the 1084 number both weekly and monthly. Our energy models are turning [...]

Read More

Gold: How High is High?

QUESTION: Mr. Armstrong; Your timing has been incredible. It is becoming clear that your forecasts are time and price which are separate. You have opened my eyes to [...]

Read More

Gold Has NOT Bottomed Yet

Gold elected a Monthly Bearish Reversal today at 1155. We have some support down at the 1042 level for now. Technical support for August lies at the 1029 level. We [...]

Read More