Category Archives: Gold/Silver

It’s good that today gold price is finally starting to correct. Based on the cycle of gold, it should bottom in 1 to 2 weeks. Silver however may make the final low at 30 or even 26. I wouldn’t touch … Continue reading →

The precious metal stocks have gone through a roller coaster ride like always. It looks like it probably have made the bottom for this down wave, but I don’t think the wave 2 of major wave 3 is over yet. … Continue reading →

This is just my hunch. I could be wrong, but I might as well take some guesses. First of all, an important thing happened today. Gold appears to be entering a similar parabolic phase just like silver. The only things … Continue reading →

Gold has broken $1500, and silver is almost at $45. While the rally in silver has been more than amazing, the rally in gold is quite within its normal trading range. I have been reading Cara’s trading blog at caracommunity.com, … Continue reading →

Check out the two articles: http://www.zerohedge.com/article/if-cme-hikes-gold-and-silver-margins-50-and-nobody-cared-did-tree-fall-central-banking-pm-pr http://tfmetalsreport.blogspot.com/2011/02/wow.html 50% raise in margin requirement, and silver broke new high?!! Why shouldn’t silver/gold be in backwardation? The reason is very simple (but many people don’t understand and deny it). The fact is both … Continue reading →

My best guess is that precious metals have made a short term bottom. But I can be wrong. Intermediate term however I am still wary of a mid-year dip. A bull market often tries to shake off as many people … Continue reading →

I’m always interested in finding out exactly how big is the public participation on the precious metal investment. Here is just some status check: 1. A few months ago, my relative who laughed at me before about buying the “barbaric” … Continue reading →

There seems to be a short squeeze in precious metal market. It looks like it’s going to go a bit higher. I actually sold some, and then get back into the market again. So what’s going on with QE2? Since … Continue reading →

“Gold closed at new high!” That was the Tuesday headline on Marketwatch.com. I checked right away, but didn’t see gold cash price breaking new high at $1265. After reading the article, it’s really just a new high in the nearest … Continue reading →

There may be a short-term top after this, but not before setting more new record prices. Again and again. That is the pattern of a solid bull market in progress. Yeah, I managed to invest 24% of my cash since … Continue reading →