Posted by Gabriel Neama
The US dollar's 50 day moving average (dma) has crossed above its 200 dma, a technical maneuver known as a Golden Cross. A Golden Cross usually leads to a sustained rally. You can also see from the chart, courtesy of stockcharts.com, that the dollar has also broken abov...
Posted by Gabriel Neama
As you can see from the above chart, gold's 200 day moving average (dma) and long-term trendline have been acting as good long-term support since the infamous Lehman Brothers instigated crash in the fall of 2008, which also marked the bottom of the decline in gold. A...
Posted by Gabriel Neama
I recently wrapped up an interview with James Turk of GoldMoney.com. James is a true...
Posted by Gabriel Neama
Palladium has worked off a lot of its overbought condition. It's recent consolidation pattern since February looks very similar to that of the consolidation in the March- August 2010 period right before it really took off. In fact, it was the intersection of Pa...
Posted by Gabriel Neama
Is the HUI about to roll over? Maybe. As we can see from the above chart, courtesy of stockcharts.com, for the first time since the inception of this trend in early 2009, the 50 day moving average, or dma, has crossed below the 200 dma. In technical lingo, whe...
Posted by Gabriel Neama
Before you beat down my door claiming I work for the Fed, try and understand that I let chart patterns tell me where prices are going to go rather than trying to fit my beliefs and expectatoins to the chart. Having said all that, I am bearish on Treasury bonds...
Posted by Gabriel Neama
Silver is flirting with the recent trendline at $34.65 level. If the trendline is breached, you could see silver have a nice correction here. The 200 dma is at 31.36 and long-term support is at $22. Silver COULD correct and come down to $22 if the 200 dma at $31.3...
Posted by Gabriel Neama
In 1975, Lion Mines was priced at $.07 per share. By 1980, its share price had increased to $380, a whopping 542,757% gain in under 5 years time! Every $700 invested in 1975 became $3,799,300 in under 5 years. You might be thinking that this was a one-off situation and that you had to h...
Posted by Gabriel Neama
As you can see from this chart (courtesy of stockcharts.com), Gold has been trending along nicely since the crash of '08. It recently hit an all-time high of 1577.40 on May 2nd. Long-term support on the trendline is currently around $1390. A violation of the tren...
Posted by Gabriel Neama
The USD determines the direction of virtualy all financial assets because all financial assets are priced in dollars. Therefore, if the dollar falls, you can usually bet that commodities and the stock market will rally and conversely, if the dollar strengthens, it usually su...
