The Fed added $500 million to the liquidity pool on Wednesday with $4 billion in 8 day repos against expirations of $3.5 billion. While the…
Long term charts and indicators show no sign of significant changes since the last review in December. Click here to download complete report in pdf…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
The market that refuses to die got a little help today when FCBs took down a huge chunk of the 20 Year TIPS auction, sending…
The FCS issued buy signals on both the HUI and XAU after today’s strong close. A buy signal was issued on gold itself last week, Wednesday. I will be opening a long position in GDX at the market open tomorrow.
Break outs from triangular patterns are frequently high momentum moves, often referred to as thrusts. I project this one could reach the area […]
The Fed drained $2.25 billion from the liquidity pool on Tuesday. At the same time the Treasury is raising $18 billion in new cash this…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
The market flashed a few more hints of where it might be headed in the months ahead today. The question remains, as always in this…
The Fed added a net of $3.75 billion to the liquidity pool on Monday with $5.75 billion in overnight repos against expirations of $2 billion.…
Gold has been consolidating since May of last year. From May of 2005 to May of 2006 gold experienced the largest move up since the gold bull market began in 2000. In my last post, I explained that a Neowave pattern called a running double combination had completed in May of 2005 with very bullish implications; when subsequent FCS buy signals confirmed the bullish pattern, I bought aggressively […]