-
By Adam Hamilton |
January 14, 2013
A real comparison shows silver’s current secular bull is far from over. This metal’s latest interim high a couple springs ago was relatively low in real terms, and resulted from an upleg that was nothing like a popular speculative mania.
-
By Adam Hamilton |
January 7, 2013
The US Mint continues to sell lots of gold and silver Eagles to coin dealers, who would only be ordering them if they had demand from investors. Actual coin volumes look fine, but the capital being poured in at today’s prices is quite impressive.
-
By Adam Hamilton |
December 21, 2012
Silver has been selling off relentlessly since the Federal Reserve expanded its third quantitative-easing campaign last week. As that decision was highly inflationary, silver’s subsequent weakness has really vexed traders.
-
By Adam Hamilton |
December 14, 2012
Although you wouldn’t know it from listening to all the bearish commentary out there, silver is actually enjoying a strong young upleg. Its technicals are very bullish, contradicting the prevailing pessimism gripping traders.
-
By Adam Hamilton |
November 26, 2012
Negative real interest rates create the most bullish environment possible for gold. They force prudent bond investors to shift capital into gold to stay ahead of the ravages of monetary inflation.
-
By Adam Hamilton |
November 19, 2012
The bottom line is the precious-metals technicals are very bullish today. Gold, silver, and the HUI gold-stock index are all low relative to their 200-day moving averages following long consolidations. In the past, these very conditions have ignited major uplegs.
-
By Adam Hamilton |
October 12, 2012
Fundamentals always trump psychology in the long run. The gold miners are making profits hand over fist at recent gold levels, driving this sector deep into value-investment territory. Eventually new investors inevitably take notice of extreme values.
-
By Adam Hamilton |
September 21, 2012
Because this surge looks nearly vertical on short-term charts, some traders are getting nervous about this rally’s staying power. While silver may indeed be temporarily overbought, its recent strength actually looks like the vanguard of a major new upleg.
-
By Adam Hamilton |
September 14, 2012
Silver is mined year-round at a fairly constant rate across the globe. Thus it is somewhat counterintuitive that this metal would exhibit marked seasonal tendencies tied to the calendar. But it sure does. Silver’s seasonality is driven by fluctuations in demand rather than supply.
-
By Adam Hamilton |
September 7, 2012
Gold stocks are on the verge of a major upside breakout. Once the HUI gold-stock index climbs decisively above its summer resistance and 200-day moving average, the shift in sentiment from bearish to bullish should accelerate dramatically.