Recent commentaries

This week's free commentary is dedicated to silver. The recent performance of the white metal is far from outstanding - what does it mean for Gold- and Silver Investors? In this essay we provide you with both: long- and short-term charts along with detailed descriptions.

Additionally, we comment on the 2009 Gold Demand Trends report recently released by the World Gold Council.

In the previous essay, we commented on the recent developments in the price of gold. We summarized that the precious metals market has moved higher, and it appears that it will need to take a small breather relatively soon, and this is what we've seen so far this week.

The technical part of this week's essay is dedicated to the situation in the precious metals stocks and the general stock market. The prices of these stocks are highly correlated with the underlying metals, which means that the following analysis is useful also to Investors and Speculators following the spot prices of gold and silver.

In this week's free commentary in addition to covering the technical situation on the gold market, we focus on the IMF announcement about the plans to sell the remaining 191.3 tons of gold. Additionally, we feature one of our unique indicators - the SP Gold Bottom Indicator

It was exactly a week ago when precious metals and main stock indices formed a bottom and provided a favorable entry point for all willing to participate in the next move up in the metals. Consequently we've sent out a Market Alert, and our Subscribers were able to get back on the market during Monday's decline (with prices lower than there were at the end of the session on Friday). While it may seem that the worst is behind us, we still believe one needs to keep an eye on the situation in case it turns around in a flash - especially, if the general stock market is to move much lower from here.

In this week's free commentary we provide you with our views on the general stock market, gold, and the short-term situation in PM stocks (using the GDX ETF.)

The situation can and often does change very fast on the precious metals market, and the very recent action provides us with a perfect example of this tendency. Speaking of tendencies, the cyclical tendencies have been very helpful in determining turning points on the silver market, and since we have just reached a "cyclical bottom point" we decided to provide you with additional comments.