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I am going to step out on a limb in this report and cover what I think to be an intermediate top in the precious metals sector. Everyone I speak with and from the hundreds of emails I get I would say the vast majority are bullish on gold and silver. That being said, I feel we are 3-8 days away...

Ive been busy counting the months of correction since Mid-April this year when I forecasted a top in the U.S. Markets following a massive 13 month rally off the March 2009 lows. The theory I had at the time was that the % of bulls in sentiment surveys was running at nearly 3 to 1 over Bears. 57%...

(Excerpted from August 31st forecast to our Paying subscribers, who were alerted at $18.73 per ounce, now $19.50) Silver is one asset class I do not cover very often, but have been largely bullish on since $6 an ounce many years ago. It can be considered poor mans Gold as they say. I believe...

The inevitability of further asset purchases from the Fed, BoE, ECB and BoJ enhance the case for gold and silver. ...

Wednesday was a big session with better than expected manufacturing surging the market 3%. In this article I will do a quick technical take on the current situation for the SP500 and gold as they are both trading at a key resistance level. also its important to know what type of price action we...

GOLD-SILVER RATIO http://chart.ly/g2plri3 Chart shows the G-S ratio testing the 65 level, which is the trend line support extending from the March 2008 low, which is the date of the Gold's first post 1980s record high. A break below the trendline would accompany further gains in Gold and Silver,...

AS GOLD HITS 8-WEEK HIGHS vs. all major currencies (except the yen) despite the euros broadening gains, the case for the yellow metal remains bolstered by what seems to be the inevitable path for QE2 from the Federal Reserve and the Bank of England. I made the case for $1270 in previous analysis...

Last week was a relatively strong week for stocks and commodities. Although the SP500 closed slightly lower on the week the price action Friday was strong. The recent pop in commodities has everyone feeling good and bullish again and we all know how the market works When everyone is feeling good...

US Q2 GDP REVISED down to 1.6% (vs. exp 1.4%) from advanced 2.4% reading, triggering a relief rally in equities and BROAD YEN SELLOFF, especially since the Japanese currency has been already hit by: i) fresh political fallout in Japan and ; ii) escalating signals of a looming stimulus package...

THOSE GOLD SEASONALS AGAIN; my research indicates that out of the last 8 years, Q4 proved to be the best quarter for gold, gaining in 7 out of the last 8 years. Q3 and Q1 followed behind, rising in 6 out of the last 8 years. From a multi-FX perspective, now that gold has broken above the key...

Understanding the key differences between both gold and silvers risk/volatility levels plays a large part in how I choose a low risk trade setup. Those of you who follow me already know the GLD etf is my favorite trading vehicle as it provides me with low risk trading setups along with a very high...

More disappointing US housing figures are unlikely to further boost USD on risk aversion because (i) prolonged US data deterioration bolsters the case for a fresh asset pruchases from the Fed; and (ii) of the latest upside surprise in German August IFO survey. While the latest 3-year high in...

JAPAN & GERMANY in the spot light, with the Japanese making more ineffective talk regarding the yen and German Aug IFO due at 8 am GMT. More on IFO below. Talk that the the BoJ may hold an extraordinary meeting to consider additional monetary easing is not helping to weaken the yen, while Japan...

Prices continue to churn as traders and investors try to figure if they want their hard earned dollar in cash or investments. The market is very jittery simply because no one wants to get caught on the wrong side of the market if it makes another 30-40% move, which is why we are seeing money...

Ashrafs Video for Reuters Insider detailing the multi currency dynamics of gold to explain EURUSD dynamics. following this weeks warning about the EUR 960/oz resistance. http://bit.ly/bGLhIW ......

Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader. These funds allow individual investors to buy and sell things like gold, silver, oil, the sp500 and other investments which where not available only few months ago like wheat...

GOLD vs OTHER COMMODITIES: http://chart.ly/sdcswe GOLD HITS FRESH 6-WEEK HIGHS $1232/oz, while GOLD/EUR breaks above the key right shoulder resistance of EUR 960/oz, paving the door for EUR 980/oz. On Monday, I identified the weekly gap up in GOLD/EUR, which has the ingredients of further...

YENs TRADE-WEIGHTED INDEX http://chart.ly/4dt85t the chart in the link is Deutsche Banks JPY Traded-Weighted Index, showing the currency testing the highs of January 2009. Despite the similarity of the price pattern with Jan 2009, there are differences. GLOBAL BOND YIELDS TODAY are dragged by a...

GOLD SEASONALS of the last 8 years indicate Q4 is the best quarter, showing % gains in 7 out of the last 8 years , followed by Q3 and Q1 rising in 6 of the last 8 years. The current gold rally COULD BE ESPECIALLY POWERFUL as it combines the onset of further treasuries purchases by the Fed and...

A fundamental knowledge of Theta is imperative in order to understand the mechanics and construction of option strategies. In many cases, Theta is either the profit engine or the means by which experienced option traders reduce the cost of opening a new position. Theta can even take an ETF that...

EUR BROADENING LOSSES, with USD accumulating the bulk of FX gains as JPY takes a backseat. ALL LEVELS IN THESE FOUR CHARTS http://chart.ly/n5k5k7 have been breached, with EURUSD vulnerable to a weekly close below 1.2770 (also 100-day MA) and GOLD vs. EUR further building on its WEEKLY GAPUP,...

GOLD RALLIES after EUR sell-off intensified in early European trade following concerns with Irish debt and talk that Spain would not may not implement full austerity package. Gold was muted at the early stages of yesterdays USD rally before gaining $15 ounces. Gold remains propped by any sign of...

Did you close out any long positions today? Well if not then you are one of a few! Today (Wednesday) the market gapped down 1.5% at the opening bell which set a very negative tone for the session. Volume was screaming as protective stops triggered and traders close out positions before prices...

GOLD is down $15, but the real action is the spike in GOLD/OI ratio,which hit 3-week highs. As Ive said in chapter 6 of my book, an extended rebound in the GOLD/OI RATIO Ratio is usually consistent w/ heavy selling in stocks and deterioration in the economy. ......

August 8th I find it amazing how many traders do not use volume as a factor in their trading decisions. I believe its always important to track the volume no matter which time frame you are trading simply because it tell you how much interest there is for that investment at that given time and...

Commodities have been shining recently as the US Dollar loses its luster for investors. Also the weakening dollar has helped boost equities as a lower US dollar helps the large multi national companies. This report is a quick follow up from the Weekend report showing what the odds were favoring...

As we all know there is an unlimited amount of ways to trade the financial markets. Each person sees the market in a different way, has different skill sets, trading experience and risk tolerance levels. While some individuals create and use complete systems to make money there are some very basic...

Most traders I have been talking with are feeling the same thing. Something big is brewing for the equities market but most do not want to get heavily involved until there is a clear direction. The broad market has been consolidating for almost 3 months and its important to remember that the...

Since October 2008 gold has enjoyed a steady if somewhat choppy rise higher to new all-time highs against a range of currencies including the euro and the pound. The reasons for this rise are pretty well documented given the background of money printing by central banks and risks of sovereign...

The second half of last week we saw some strong price action in the equities market. The SP500 broke through the 5 and 50 day moving averages closing the week just under key resistance levels. The SP500 futures will find resistance at the June high $1099.25, $1100 which is whole number then at...