The stage is set for an epic rally. The catalysts are in place.
Yet messy conditions persist as we await ignition and blast off.
Regardless, we can use the current environment to find the most buoyant and promising names.
Check it out… [Read more…]
Gold Mining Stocks and the Beachball Effect
From the Desk of Ian Culley @IanCulley
With the dollar beginning to rise, gold and silver are coming under some selling pressure.
Nevertheless, these shiny rocks and their related mining stocks are hanging tough.
Instead of getting bent out of shape, I plan on using the recent bout of selling as an opportunity.
When markets come under pressure, it’s time to identify the most resilient names.
Why?
The strongest stocks will likely lead the next leg higher.
Some call it the “beachball” effect. These names tend to rip higher after sellers fail to submerge these stocks.
And I have a potential beachball of a gold mining stock I want to share with you today…
[Video] Gold Rush: COT Positioning Paints a Bullish Picture
It’s the weekly Gold Rush!
This week Strazza and I dig into the COT profile for Gold and Silver, revealing the sentiment behind the smart money.
Check it out… [Read more…]
Tracking Commercial Attitudes Toward Gold and Silver
From the Desk of Ian Culley @IanCulley
What will ignite a precious metal rally to new all-time highs?
We often discuss the dollar and real yields as critical catalysts for a sustained uptrend for gold and silver. It’s simple: These shiny rocks will struggle if the dollar and rates continue to rise.
But there’s more.
I want to share another crucial piece of the puzzle – commercial positioning.
[Video] Gold Rush: Levels to Watch as Metals Correct
It’s the weekly Gold Rush!
This week Strazza and I highlight critical levels to keep on your radar in the coming days and weeks.
Check it out… [Read more…]
Gold Hits Supply: Precious Metals Levels to Know
From the Desk of Ian Culley @IanCulley
The dollar is back and on the move.
After falling for four straight months, the US dollar index $DXY is up three days in a row. Whether the near-term dollar strength turns into a more sustained trend is anyone’s guess.
Regardless, risk assets feel the pressure as many areas begin to correct, including precious metals.
Despite this recent selling pressure, we have clear levels to trade against when it comes to Silver and mining stocks. [Read more…]
[Video] Gold Rush: The Rally Broadens
It’s the weekly Gold Rush!
While Gold futures digest overhead supply, strength broadens across the metals space.
Check it out… [Read more…]
Diversify Your Metals
From the Desk of Ian Culley @IanCulley
Plenty of gold bugs have Krugerrands buried in their backyard or basement – if not secured in a safety deposit box at their local bank.
It’s no wonder gold falls under the “end-of-the-world” category of assets.
Regardless, gold prices can also rise with risk assets.
I raise this point not only as an important reminder but because it’s pivotal to understanding our bullish thesis for precious metals.
It’s a metals story…. [Read more…]
