Search Results for: Silver

On This Date: IPO of a Nation

On this date in 1620, the (Plymouth) Council for New England was chartered by the king of England as a joint stock company with monopoly rights on (found here): “…all the Breadth aforesaid throughout the Maine Land, from Sea to … Continue reading

1970-2019: Debt, Deficit, Gold/S&P 500 Perspective

see also: 1924-2001: Gold and Silver Stocks 1920-1940: Homestake Mining 1900-2019: Silver/Dow Ratio

1899-2020: Dow Industrials and Transports

Bear Markets for the Dow Jones Industrial & Transportation Averages from their peaks to their ultimate lows. see also: 1900-2019: Silver/Dow Ratio December 2010: Real Estate Has Bottomed August 23, 2009: Recession is Over (link is active)

Rising Secular Trend in Interest Rates

As we have long advocated, the declining trend in interest rates is coming to an end and the secular trend in rates is up.  To provide a decent level of analysis on what might happen going forward, we have a … Continue reading

…And Then They Collapsed

If you have to prove it then it probably isn’t true. “As Walter Bagehot, the British financial journalist and historian, wrote in 1873, ‘Every banker knows that if he has to prove that he is worthy of credit, however good … Continue reading

Gold Market Review: March 2020

In our last Gold Stock Indicator, published October 28, 2018, we offered up $1,755.41 as the extreme upside resistance level for gold.  When the same level is drawn to the most recent price, we find that gold has struggled at … Continue reading

Chart of the Day: Alio Gold

According to Yahoo!Finance, “Alio Gold Inc., through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. It primarily sells gold and silver. The company’s principal assets include its 100% owned and operating San … Continue reading

Gold Stock Indicator: October 2018

On April 14, 2011, in our very first attempt at understanding Edson Gould’s Speed Resistance Lines, when the Philadelphia Gold and Silver Stock Index (XAU) was within 6 trading days of the top, we said the following: “Based on the … Continue reading

Tesla: Downside Targets

In this posting, we’ll covered the topic of downside targets for Tesla (TSLA).  We’re going to apply Speed Resistance Lines [SRL] and George Lindsay’s “Three Peaks and a Domed House.”  The SRL downside targets are fairly conservative, in our view, … Continue reading

Gold Stocks: Hedge Free

We have been quoted here on many occasions saying that when the general equity market takes a dive of –10% or more, so too does gold stocks by a greater margin.  Our point, gold stocks are not a hedge from … Continue reading

The Hidden Story of Gold

Gold is currently languishing in a trading range between $1,366 to $1,049. This trading range is thought by many to be a pause before the eventual increase above the previous high at $1,895.  After all, the price of gold had … Continue reading

The Power and Lessons of Speed Resistance Lines

We are not big fans of charting as a means to make decisions about where the price of a stock or index will go. However, when a charting strategy has a high level of consistency while taking away our own … Continue reading

Wanted: Real Gold Experts

Experts on the topic of gold are a dime a dozen.  However, few, if any, are actually experts at all.  With the ability to be quoted day in and day out, there is little or no accountability when it comes … Continue reading

Are There “Values” in Gold Stocks?

Looking at any analysis of gold stocks, you would think that fundamentals matter.  The companies have quarterly reports that reflect operating expenses, pre-tax profits, estimates reserves, sometimes earnings and in rare instances dividends.  However, when it comes to gold stocks, … Continue reading

Dow Theory, This Is Not

Dow Theory is only a theory.  Therefore, it is necessary to take all indications with a tremendous grain of salt.  However, it has been our endeavor to determine the qualitative nature of the work as presented by anyone who writes … Continue reading