It was a week like we haven’t seen since the beginning of the crash in early 2008, but this time it was mostly in the commodity sector. Many stocks did get hit hard, as well as the major indices, but the real damage came in commodities, especially silver.

It was another wild week as silver roared and gold held its own as well. The US markets were even wilder as they bucked and jumped after news of a US receiving a forecast downgraded from a prominent ratings agency.

It was another great week for gold and silver. Both hit new highs and soon we could see silver break into all-time […]

There is no doubt my two favourite metals are stars again this year, especially my long-time favourite, silver. I’ve preached for years on the validity of owning the physical metals and hope you’ve done so. I’ve certainly put my money where my mouth is in a large way and it’s really paying off in spades.

All in all it was a great week. Markets rebounded nicely and shrugged off higher oil prices and put in very good performances.

I think an update is due for everyone. Times are unprecedented and markets are very dangerous.

It was quite a week to be sure. Markets were turbulent and have broken down slightly with the Nasdaq leading.

It was a strong week for the precious metals especially Silver. We had a few large players in the world talk about Gold and the coming further weakness of the US Dollar and it’s lessening role throughout the world.

Markets were weak this past week and not just for a day or two. Us markets have violated key levels, but are bouncing for now.

In comparison to the events in the Middle East, talking about markets seems frivolous, but it is what we are here for ultimately.

Another week marred by gaining indices who’s idea of a correction is a slightly lower close once in every six or eight trading days. It’s not like the indices are flying, their just meandering higher.

In response to two articles recently published by much greater minds than mine, I thought I’d put a little piece out showing how technical analysis does work in the gold market.