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Inflate or Die is the new mantra... Kill the Dollar or the Economy? From a political standpoint the Fed always gives in. Volcker was the exception and not the rule. The general public worries more about their jobs and housing more than the dollar or inflation. Therefore the obvious choice is...

Today marks the 4th day in a row that the London PM Fix has gold priced over $700. If we get a 6th day on Friday, then this will be a new historic record. This would likely entail that gold has entered into a new base at 700 and should propel prices much higher over the coming weeks/months...

After doing a bit more research into the current situation, gold is now trading in a historic area. I am getting the feeling that we could be sitting on the verge of a major move here. Gold could actually demonstrate a "disconnection gap" of sorts in the coming days as these prices are starting...

3rd day in a row with the London PM Fix putting in a 3rd higher close at 704.15. NY cash gold moving over 707 resistance to close at 712. Gold prices are now demonstrating extreme demand as the USDX looks set to continue lower. Even though fund interest is running fairly high right now, I...

The RSI and CCI is clearly now in overbought regions where pullbacks are likely to occur. 688-693 region looks like solid support and anxious buyers are likely looking at those levels to either add or initiate new positions imo...

So far it appears that cash gold has closed over $700 for the 2nd day for both the London PM Fix and also for the NY cash gold close. This is very constructive moving forward as this would likely indicate that gold is more prone to move higher now than lower at this point. However, if a...

gold's move in 1979 through 1980. check these articles out and remember that gold prices can move faster than anyone can fathom. this presents a double edged sword for both the bulls and bears... http://www.bullnotbull.com/archive/gold1979.html http://www.bullnotbull.com/archive/gold1980.html

partially. basis 710 breakout was significant but a new print over 750 will be much more meaningful. what I am thinking could happen here is that cash gold makes a trip up to 750-765 before October and then pushes back to 720-730 before November. From that point forward we could see a break...

I would be very weary of reading into the standard media bias during this next leg up. (chat forum opinions should also be taken with a grain of salt no matter where one reads). what I am trying to say here is that the breakout from this intermediate pennant could make history and I would highly...

In my view, it is no coincidence that NY cash gold closed over $700/oz on the same day that the USDX closed under 80. I look at this event as a "critical crossover" which will likely herald a new and very powerful uptrend in gold and a sustained downtrend in the Dollar. I am not taking this...

Silver looks better from a technical standpoint now but I am being cautious on taking a large position until cash silver closes back over its 200EMA which is about 0.20 higher from here. I am still expecting gold to outperform silver for the remainder of the year while silver should begin to...

Most account blowups are directly related to daytrading since compulsive actions are almost always required. This is akin to gambling and the odds are immediately stacked against you from the get go. More trades executed results in greater opportunities to lose your wad. Have you tried actual...

Next up phase in the gold bull market has likely begun. USDX trading under 80 again presents an omen of the future. I would like to see $700 cash hold over the next few days but I am thinking we retest the May 2006 $725 Fix High before any substantial pullback occurs. COMEX local shorts are...

As soon as GCZ broke over 698 today, stops got hit and prices began to shoot higher. We are very close to 700 cash right now (697). If gold can demonstrate a new trading range between 690-710 cash over the next week or so then gold should start to move materially higher in the coming months. The...

Gold and Silver catching some bids today on a weaker DX. I am not surprised that gold isn't up much more than $8 at the moment even though the DX is trading about 1 full point lower than where it was last week. It just goes to show us that there are suppressive forces still at work in the PMs...

For traders, there are simply much better opportunities at the moment elsewhere. Right now, margin capital can be deployed more effectively in Equity Index contracts as the SP looks set to break higher from here. Cash gold needs to break back over 694-705 in order to keep my margin tied up...

Not quite sure if 654 holds but 650 could also provide some good support as well. If 650 breaks then we could float right back down to 640 real quick. SIZ was stopped at B/E but still giving GCZ some room here...

Right, If support at 11 breaks then its better to stand aside and wait a bit. Gold still looks better from a longer term perspective. Support at 640 seems to be pretty well established with strong physical buying occurring in the 650 area...

Global markets appear to show some stability now. Gold appears to have established some good support at 654 which is also the 200EMA however we ideally need to close over 662 soon. Silver seems to show buying interest at 11.65-70 although it would be beneficial to see a renewed uptrend back over...