Gold (GLD) has been the star performer this year in the precious metals arena as it’s up about 27% on the year and appears poised to move higher. the silver etf (SLV) was briefly the star last spring before flaming out after reaching the 1980 high of roughly $50. Gold had a similar parabolic run [...]
Both silver and gold have joined the risk asset plunge as the U.S. Dollar once again becomes the safe haven of choice. Gold which has been the safe haven most of the year is currently down over $80 after making a double top in the $1920 area. Deflation is back on the table as the [...]
It seems like the emerging markets have been struggling for a long time already. China, India and Brazil all topped out in the beginning of last November and had been struggling long before the U.S. market rolled over. Russia soared with QE2 then topped out in January and has given back all the gains. Now [...]
With the stock market under pressure and the S&P 500 ETF near it’s lows for the year it seems like a good time to take a look at the various sectors of the market in a search for value. The energy sector has been absolutely pummeled the past couple weeks so having been stopped out [...]
Ever since we asked whether or not precious metals had bottomed back in May we have seen a persistent uptrend in gold. Other than the last week of June gold prices have been extremely resilient even during times of declining silver and Euros. Silver has been in a bit of a funk comparatively after hitting [...]
