Gold, Silver And The Gold:Silver Ratio

As a reference, below is a monthly chart of Gold, Silver, the Gold:Silver ratio, and the S&P500, from January 1, 1980 through February 12, 2016 with price labels: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author) _____ The Special Note summarizes my overall thoughts about our economic situation SPX … Read moreGold, Silver And The Gold:Silver Ratio

The Current Gold Price And Its Broader Significance

Gold has recently been in a correction (or consolidation) after a very steep rally. It appears as if Gold is at a critical juncture at present.  As seen in the chart below (which depicts Gold on a daily basis, LOG scale, since 2008) Gold, at $1594.60/oz, is currently right below both the 200dma (depicted in … Read moreThe Current Gold Price And Its Broader Significance

Market Overview – Part II: U.S. Dollar, Japanese Yen & Gold

(this is the second in a series of five posts concerning the markets) I would like to start by featuring a couple of long-term charts of the U.S. Dollar. U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken … Read moreMarket Overview – Part II: U.S. Dollar, Japanese Yen & Gold