Recent commentaries

The precious metals dropped hard today, which - if you read my previous essays - shouldn't surprise you. The move lower has been in the cards for some time now, but was today's move a beginning of a bigger decline, or just a blip on the radar screen?

There are many reasons for gold to at least double from here and this essay mentions five of them. However, the road to the top will not be a straight line, and since that is the case it makes sense to take advantage of the inevitable corrections. This essay provides you with the detailed analysis of the precious metals stocks.

Gold has been rising parabolically in the past several weeks, but today's price action may mark the end of this rapid upswing. There are signs that we may see even higher prices of PMs in the following days, but it doesn't seem profitable to wait for these prices to be achieved. Please keep in mind that the road to the top will not be a straight line, and since that is the case it makes sense to take advantage of the inevitable corrections. You will find more details in this week's Free Commentary.

The smart money is definitely in gold and silver right now, but that doesn't necessarily mean that the following part of the bull market will not have any corrections. Currently, silver and precious metals stocks suggest that a correction is close. Apart from analyzing these two key markets, I also explain how it can make sense to enter the market and exit it at the same time.

This week's essay includes the analysis of gold from the short-term point of view, and the analysis of the USD Index (including short- and long-term charts). Additionally, the correlation between PMs and the U.S. Dollar weakened in the past few weeks, so I also comment on the implications that this may have on the prices of metals in the future.