Proceed With Caution

Lynn On September 6, 2012 / Daily Market Watch, General Market, Gold, Silver

Proceed With Caution We are off to the races. Gold just broke the $1,700 ceiling as it prepares to move higher. Silver has settled nicely above $32 where it will probably (or should) pause to catch its breath. Too much too fast is not good for anyone,

No News from Jackson Hole

Lynn 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

Taking a Breather

Lynn 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

Off to the Races??

Lynn On August 23, 2012 / Daily Market Watch, General Market, Gold, Silver

Off to the Races? All Things Considered – John’s Commentary: Action to take: We all have to accept that the primary trend in both gold and silver is up – resulting in higher prices. We all want bargains, but if you believe in higher prices,

“Where Else Am I Going to Put It?”

Lynn On August 15, 2012 / General Market, Gold, Silver

Where Else Am I Going to Put It? I have a series of questions I always ask prospective clients as part of my commitment to offer the very best advice, even if it does not result in a sale. One of those questions is “What has caused

The Golden Triangle

Lynn 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

Can We Find More Gold?

Lynn On July 26, 2012 / General Market, Gold

Can We Find More Gold? Gold prices are slated to go higher, much higher. One of the many reasons is the fact that we are not replacing the gold reserves that we are depleting. As a result, there is less gold per capita being mined. And the

Central Banks on Buying Spree

Lynn On July 25, 2012 / General Market, Gold, Silver

Central Banks on Buying Spree Central banks are buying more gold than any year since 1964. Why do central banks buy gold? Because they know that gold is the only protection for their reserve deposits against the relentless printing of all world currencies, including their own. Now,

Gold and the Wedge

Lynn On July 20, 2012 / Daily Market Watch, Gold

Gold and the Wedge Gold looks set to yet again take on the lower boundary of resistance just above 1520. It would be good at this point to break 1600 -1620 – 1640. This will then cement in place the prior low on May 17th and more

My #1 Biggest Mistake

Lynn On July 18, 2012 / General Market, Gold, Silver

My #1 Biggest Mistake The one mistake, that I have made more than once, was being hesitant to buy when the market was down. Take for instance in 2008 when silver fell from essentially $20 to $9 (see chart below). Candidly, I was eager to buy at

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