No News from Jackson Hole

On August 30, 2012   /   General Market, Gold, Silver  

No News From Jackson Hole Gold surged 3.3 percent last week.  Prices this week have been basically flat. The S&P 500 Index has declined modestly from its highs of a week ago (can anyone tell me why the markets are trading at these levels – are things

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Taking a Breather

On August 29, 2012   /   Daily Market Watch, General Market, Gold, Silver  

Taking a Breather After a very impressive rally in the precious metals over the last week, all four were taking a breather yesterday (Tuesday) as they consolidate and become accustomed to these higher trading ranges.  It would not be surprising to see a bit more of a

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The Golden Triangle

On August 3, 2012   /   Daily Market Watch, General Market, Gold  

The Golden Triangle All Things Considered – John’s Commentary: The trend in Gold (and Silver) is still up.  NEVER buck the trend.  This market will reverse and we will be off to the races. Two actions to take:  1) Patience   2) Accumulation Quote of the day:  “The more

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