Oroborean

Oroborean

Contributor since: 26 Feb 2010

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• Precious Points: Approaching the Moment of Truth

  Published 29 September 2007 | viewed 5,016 times

  There can easily still be a higher high before this move is done. Silver could also easily see an extension of this move, probably as…

• Precious Points: Is This the Big One?

  Published 23 September 2007 | viewed 4,896 times

  "A new attempt at $725 is entirely likely given the expectations for next week, but losing the psychologically important 7-handle is also a realistic possibility.…

• Precious Points: Old Number 7

  Published 15 September 2007 | viewed 3,634 times

  "The weekly chart in the yellow metal shows a little more room to run as price rockets upward from the 5-week moving average. Though silver…

• Precious Points: Sustainable Growth?

  Published 09 September 2007 | viewed 3,331 times

  "A second consecutive close above the 5-week moving average in gold bodes well for a break of this resistance level, after which $690 and $700…

• Precious Points: Notes from the Maestro

  Published 02 September 2007 | viewed 3,681 times

  "An important support for gold rallies... the $667/74 range will have to hold for a serious attempt at higher levels to be considered. The resistance…

• Precious Points: The Question of Deflation

  Published 25 August 2007 | viewed 4,284 times

  "Gold perfectly held the 50-week moving average long watched here as strong, critical support. Resistance in the 665/70 area will be crucial to any recovery…

• Precious Points: Gold Got Sold, but Should You Hold?

  Published 18 August 2007 | viewed 5,183 times

  It's not at all likely that the credit crunch which plagued the markets last week will be resolved when trading on Monday resumes. But ...…

• Precious Points: Bernanke the Maestro

  Published 12 August 2007 | viewed 3,209 times

  "The credit crunch panic has worked to the benefit of the metals and those who own them, but blindly relying on this to continue without…

• Precious Points: Tough Love from Bernanke and Co?

  Published 05 August 2007 | viewed 4,291 times

  "The extension of the bull market in precious metals may very well still be preparing to get underway... The daily chart shows gold approaching oversold…

• Precious Points: Precious Mettle

  Published 29 July 2007 | viewed 3,880 times

  "The Fed's approach to monetary policy may force it to cut rates if the subprime and credit issues reduce overall demand for base money… In…

• Precious Points: Good As Gold

  Published 22 July 2007 | viewed 3,631 times

  "There is strong overhead resistance in gold, first at $680 and again just below $700, but over the past year every consecutive weekly close above…

• Precious Points: Are Metals Next?

  Published 14 July 2007 | viewed 3,805 times

  The turning gears of Bernanke's beautiful machine continue to sound like music to the ears of precious metals investors! Given the repeated testing and holding…

• Precious Points: All's Well That Ends Well

  Published 07 July 2007 | viewed 3,585 times

  Previous tests of the 50-week moving average have preceded significant rallies over the past year. Two consecutive weekly closes above the 5-week moving average constitute…

• Precious Points: The Beauty of Bernanke's Machine

  Published 30 June 2007 | viewed 4,218 times

  The metals can't be held down forever, but that doesn't mean that there isn't one last blast up the sleeves of their opponents, that even…

• Precious Points

  Published 24 June 2007 | viewed 3,353 times

  "So as we continue to tread water in what was expected to be a period of ennui in the metals markets, we'll continue to monitor…

• Precious Points: Enjoy it While it Lasts?

  Published 17 June 2007 | viewed 4,275 times

  When it comes to the metals, bears hibernate for years, but bulls just retest the 5- and 50-day moving averages! This week's retail sales data…

• Precious Points: Dont Go Gentle Into That Goodnight

  Published 10 June 2007 | viewed 3,803 times

  "Now that both gold and silver have climbed above, the 5-day moving average becomes an important support level which, though not inviolable, signals a relatively…

• Precious Points: Why This Rebound Looks Real

  Published 03 June 2007 | viewed 4,601 times

  "With the market all but giving up on rate cut relief this week, the proliferation of leveraged buyouts and junk bond issuance, and the steady…

• Precious Points: No Lack of Support

  Published 27 May 2007 | viewed 4,303 times

  "TTC's proprietary 60min trend chart is looking for this move to continue, but that doesn't necessarily require a dramatic change in price... stocks could be…

• Market Top III: Return of the Gecko

  Published 24 May 2007 | viewed 7,804 times

  They say you'll know the precious metals market's reached its peak when old ladies are melting down their fine silver, men are hocking their gold…