Recent commentaries

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The Analysis of Gold and the USD Index Once Again Provides Key Trading Signals

Posted April 3rd, 2010

In the March 26th commentary we wrote that the USD Index rally is to stall out and retrace. In addition, a rally for PMs and PM stocks was looking more and more probable. Since this is exactly what happened, we believe you might want to read our thoughts regarding U.S. Dollar's and gold's next move and this is what we provide you this week.

Is The General Stock Market Topping and What Does It Mean for Gold?

Posted March 31st, 2010

Much has been written lately on how overvalued are the main stock indices at the moment, and how bad it is for the PM sector. Naturally, everyone has the right to believe that market is going to go in any direction, but based on how we read the charts, it seems that the main stock indices may not top very soon, and even if that is to take place, precious metals may still be able to rise. In this free commentary we explain the logic behind abovementioned points.

Gold's Performance Relative to The U.S. Dollar Provides Us with Invaluable Insight

Posted March 26th, 2010

In our previous commentary we analyzed the situation on the USD Index and since we have just seen it moving sharply higher, we believe you would appreciate an update. In this weeks free essay, in addition to covering the situation on the U.S. Dollar market, we focus on implications it may have on the precious metals sector. Additionally, we feature the up-to-date version of our correlation matrix.

News from China and the Recent Moves in the USD Index

Posted March 24th, 2010

Although the U.S. Dollar has not been recently highly correlated with the precious metals, it is still likely to influence PM prices in the future. Therefore, this week's free commentary is dedicated to the situation in the USD Index. Additionally, we provide a follow-up of the March 12th commentary on China.

Are the Precious Metals Stocks Breaking Higher or Topping Out?

Posted March 19th, 2010

In the March 5th commentary, we've summarized that signals coming from the analysis of the PM stocks' charts currently don't give us very precise signals, which may mean that they are to trade sideways for some time instead of making a sharp move in any direction, but there are other signals (...) that we may be near a local top.

Since that time PM stocks managed to correct and rally once again (almost touching the 200-day moving average), and we believe you might appreciate an update on the points made in early March.