There are three different forecasting models for gold I have created. Depending how things play out in the next couple years the low target is $5,000 oz, and highest is $12,000 oz.
Gold Investing and Gold Stocks News
From looking at the price action among the precious metals sector and the dollar it looks and feels like these markets are very close to repeating what happened in the year 2000.
I did this interview with Palisade Radio giving them my updated views on gold and the US stock market.
Gold is in a stage one base that will lead to a giant new bull market. We must prepare for...
After falling for several weeks gold prices bottomed last week to begin a new rally.
Usually I do my weekly podcast every Friday, but due to some big things that happened today I decided to do it now for you instead of wait until Friday.
Marc tell us what he why he believes this is the year that people will lose confidence in central banks.
A look at what gold & gold stocks need to do to confirm a new bull market.
Marc Faber talks to CNBC's bubble girl about gold who tells him that people tell her that gold is going to "peter out at the 1300 level."
This morning gold prices are trading up above their $1,240 resistance level and December highs on a 2% pre-market rally.
"We have said in our TMTF forecast service to watch 1190 as KEY support and 1241 would also need to be taken out on a closing basis before we could confirm a new uptrend in Gold and the end to the 5 wave bear cycle."
What is important is that we certainly appear to have seen a big turning point in gold from a bearish trend to an overall bullish trend.
There goes Yahoo Finance again this morning pretending to be a bastion of journalism as it acts as a paid mouthpiece of Merrill Lynch and other Wall Street firms that advertise on their channels.
In this week's podcast I talk about the meltdown in mining stocks and how it actually will create an opportunity to buy stocks at valuations level so low that they are priced as if they are going bankrupt.
Consider the average recommended gold market exposure level among a subset of short-term gold market timers tracked by the Hulbert Financial Digest....
Gold and mining stocks are now in the process of forming a bottom.
I think what we are going to see is a new trading range for the mining stocks for a few weeks...
I just interviewed Jordan Roy-Byrne of thedailygold.com about the coming few weeks in gold and mining stocks. I wanted to talk with him because of two interesting articles he wrote showing why he believes September is going to be a critical month for both gold prices and the stocks that mine gold.
I did this interview with Palisade Radio about gold and mining stocks. In it I described them as a rocket being fueled up with an ignition switch that can now be pressed at any moment.
Gold mining stocks are acting stronger than gold. No one can doubt that. You can see the charts of this yourself in this video update below.
There is a battle going on between gold bulls and bears and it is intensifying. That's because gold prices are approaching a critical juncture.
Over the past few weeks we have seen mining stocks make a transition out of a stage one base and into a new bull market. This transition is likely to be complete this week.
As this historic new bull market begins CNBC talking heads ignore and deny it.
When it comes to gold it is clear that the small fry does not believe it has bottomed and is selling out.
If this newfound momentum continues, gold stocks have the potential to achieve a record summer. With their exceptionally-bullish technicals this is certainly possible, but remains a tall order unless gold’s rare summer rally resumes.
In this podcast I talk about the gold move and interview Ike Iossif about his thoughts on gold and his projections for the S&P 500 and the US stock market for the next few weeks.