Search Results for: gold

Are There “Values” in Gold Stocks?

Posted on April 12, 2017 by | Leave a comment

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 →

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Posted in Fundamentals, gold, Gold Stock Indicator, junk

The Definitive Dow Theory on Gold

Posted on March 18, 2017 by | Leave a comment

Dow Theory attempts to define and identify major moves in markets referenced here as the “primary trend.”  In this piece, we will outline the price of gold according to Dow Theory. We’re going to review and analyze the primary trend … Continue reading →

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Posted in 50% principle, Dow Theory, gold

Gold Bears Pull the Chair

Posted on August 29, 2016 by | Leave a comment

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Posted in bearandbull, cartoon

Gold Stock Indicator: November 20, 2015

Posted on November 21, 2015 by | 1 comment

Gold and gold stocks continue to languish as there appears to be no catalyst to propel prices higher.  The perception of no reason for gold to increase adds to the despondency of traders and investors which compels selling.  However, we’d … Continue reading →

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Posted in 3-month, Federal Reserve Bank, gold, gold bugs, Gold Stock Indicator, interest rates

Royal Gold: SRL Update

Posted on January 28, 2015 by | Leave a comment

On October 12, 2012, we posted the following SRL for Royal Gold: We said the following of the above chart: “The SRL for Royal Gold at $44.62 doesn’t seem outlandish given what has already occurred in the previous declines from … Continue reading →

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Posted in Edson Gould, RGLD, SRL

E. George Schaefer and Gold Stocks

Posted on November 27, 2014 by | Leave a comment

E. George Schaefer is most synonymous with Dow Theory and its modern application.  However, E. George Schaefer was also known for his work in the selection and timing of gold and silver stocks.  As a bit of background on E. … Continue reading →

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Posted in Alden Rice Wells, Barron's Gold Mining Index, E. George Schaefer, gold, gold bugs, Gold Stock Indicator, James Dines, Richard Russell

Gold Stocks: Risks and Remedies

Posted on September 24, 2014 by | Leave a comment

The topic of gold inspires a charged reaction from individuals seeking fiscal and monetary responsibility of their respective governments.  This article is an attempt to establish the risks of gold stock ownership in an investor’s portfolio.  We will cover the … Continue reading →

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Posted in gold, gold bugs, Gold Stock Indicator

Dow Theory and the Gold Stock Indicator

Posted on December 3, 2013 by | 2 comments

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Posted in Dow Theory, Dow Theory Bull Market indication, gold, Gold Stock Indicator, precious metals

Gold Stock Indicator: October 9, 2013

Posted on October 9, 2013 by | Comments Off on Gold Stock Indicator: October 9, 2013

Although gold and gold stocks declined, the Gold Stock Indicator (GSI) increased above the level from yesterday.  we’re currently sitting slightly above the “stage 4 buy” level which is based on the 2008 low. Our use of the 2008 low … Continue reading →

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Posted in Charles Dow, Charles H. Dow, gold, gold bugs, Gold Stock Indicator

Gold Stock Indicator

Posted on August 9, 2013 by | 7 comments

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Posted in ABX, gold, gold bugs, Gold Stock Indicator, kgc

Review: Royal Gold (RGLD) Speed Resistance Lines

Posted on July 12, 2013 by | 2 comments

On October 12, 2012 (found here), when Royal Gold (RGLD) was within 11 trading days of the all-time high at $89.27, we said the following:

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Posted in Edson Gould, RGLD, speed resistance line, SRL

Gold Price: Affected by Gold ETF Outflows?

Posted on July 10, 2013 by | 3 comments

Subscriber F.H. brings our attention to a comment made by a gold fund manager.  The manager suggested that the reason for gold’s weakness is primarily due to the liquidation occurring in gold ETFs.  This implies that if there weren’t gold … Continue reading →

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Posted in ETF, gold, gold bugs

Gold: 50% Principle

Posted on July 1, 2013 by | 3 comments

From a Dow Theory perspective, downside targets rely heavily on the concept of the 50% principle. Although mistakenly attributed to E. George Schaefer by Richard Russell, the 50% principle is derived from Charles H. Dow’s “great law of action and … Continue reading →

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Posted in 50% principle, Charles Dow, Charles H. Dow, gold, gold bugs

Emerging Markets and Gold

Posted on July 1, 2013 by | 2 comments

Drawing from the work of Bhartia and Seto in the article titled “Present and Emerging Risks to the Gold Trade” (found here) and “Emerging Consumers Drive Gold Prices: Who Knew?” (found here) it is claimed that the driver for the … Continue reading →

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Posted in gold, gold bugs

Gold Stock Indicator: Now is the Time

Posted on June 25, 2013 by | 1 comment

On June 24, 2013, the Gold Stock Indicator (GSI) declined below the 2008 low for a brief moment.  Today, June 25, 2013, the GSI is at the 2008 low. Any activity in the gold stock arena below the “stage 4 … Continue reading →

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Posted in gold, gold bugs, Gold Stock Indicator