Gold Still Sluggish: Technical Analysis from Swenlin

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by Carl Swenlin On April 27 I wrote an article titled, Gold At A Decision Point, wherein I observed conditionally that things looked favorable for the start of another leg up. Since then, the technical picture has improved slightly, but it still feels like a struggle. (This is a recent excerpt from the blog for Decision […]

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The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents.  IF we returned to a gold standard, would all our problems be fixed?  No, contends monetary expert (and parter of the late great Harry Browne) Terry Coxon – but the reality of the current monetary situation would […]

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With gold successfully holding the $1520 mark after three tests, David Galland believes savvy investors should use this pullback as an opportunity to purchase gold and gold stocks.  I agree with him on gold, though I’m not yet convinced about the mining stocks themselves (more on this later today). Gold’s “Contrarian Moment” By David Galland, […]

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Here’s another interview with Rick Rule (also see his recent interview with Jim Puplava) – the subject of this one is heavily focused on junior resource miners, as he sits down with Louis James at the recent Casey Research Summit.  I always love his catchphrase that you’re either a contrarian or a victim. Rule likes […]

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What better way to capitalize on this epic bull market in gold than to own the junior miners – a highly volatile call option – right? If the past two years are any indication…maybe not.  While gold, even with the recent pullback, has had quite the move: There’s been no mistaking the trend in gold […]

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If you’re interested in buying and storing physical gold, you probably want to do so outside of your home country.  If you’re a US citizen, and the government goes FDR on you, you’re not going to want your bullion on US soil! But what’s the sanest country available for this purpose…now that the Swiss appear […]

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China is projected to surpass India as the world’s largest consumer of gold this year.  The South China Morning Post reports: China is poised to surpass India as the world’s largest gold consumer this year, with demand projected to climb 20 per cent, while India’s bullion buying will remain dampened by the weak rupee and […]

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Analysts agree – they’re wildly bullish on gold!  From Hard Assets Investor: The analyst community remains overwhelmingly bullish when it comes to gold in 2012. Respected precious metals consultant GFMS came out Tuesday with its call for $2000/oz gold within the next year. “Concern over nearly all currencies’ long-term value remains acute, and this includes […]

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The fascinating story of Marion Szablicki, as reported in Marc Faber’s Gloom, Boom and Doom Report *** My economics education was started as a child by my grandfather, Marion Szablicki, who was a living testimonial to the value of gold. Notably, toward the end of his life at 99 years of age in 2010, he felt […]

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By Carl Swenlin Whenever possible it is best to look at a price index in the long-, medium-, and short-term time frames. For me that means analyzing monthly, weekly, and daily bar charts. ————————– (This is an excerpt from the October 21, 2011 blog for Decision Point subscribers.) Click here for FREE TRIAL! ————————— First, […]

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