Gold •140 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 966.40 | +0.60 | +0.06% | |
WTI Crude •10 mins | 70.16 | +1.41 | +2.05% | |
Gasoline •10 mins | 2.085 | +0.039 | +1.92% | |
Ethanol •140 days | 2.161 | +0.000 | +0.00% | |
Silver •140 days | 30.82 | +1.16 | +3.92% |
Silver • 140 days | 30.82 | +1.16 | +3.92% | ||
Copper • 140 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 74.16 | +1.35 | +1.85% | ||
Natural Gas • 10 mins | 3.380 | +0.187 | +5.86% | ||
Heating Oil • 10 mins | 2.266 | +0.040 | +1.80% |
Contributor since: 24 Mar 2010
GoldScents is a financial blog focused on the analysis of the stock market and the secular gold bull market. Subscriptions to the premium service includes a daily and weekend market update emailed to subscribers.
In this business there is no greater buying opportunity than at a bear market bottom. For those few investors able to control emotions, delay gratification,…
Analysts everywhere appear to be wondering what could possibly be the catalyst to turn the gold market around. I maintain it's the same catalyst that…
Something may have changed yesterday in the gold market. For one I think gold probably formed a minor daily cycle bottom. But what I'm really…
The blogosphere seems to have gotten the idea that I am predicting $1000 as a sure thing. Nothing could be further from the truth. I've…
At the moment gold is at a critical crossroads. If it can move above $1375 it will confirm that an intermediate degree bottom occurred last…
A rather interesting development occurred on Friday, and one that I wasn't really expecting. The dollar sliced right through its intermediate trend line on its…
My best guess continues to be that stocks will extend this consolidation on Friday and then deliver one more push higher into the FOMC meeting…
The stock market is finally beginning to show signs that the bull market may be coming to an end. Before I go into the stock…
As I mentioned in my last post there is a disturbing possibility that gold's intermediate cycle has topped, and done so in a left translated…
As I was afraid would happen, gold suffered an overnight hit that drove it back below the $1350 support zone. The drop occurred in the…
The answer to the question above unfortunately is maybe. There are definitely warning signs springing up. The first sign of trouble popped up last week…
Now that gold has broken its daily cycle trend line I think we can assume that the daily cycle decline has probably begun. My best…
First off let's go over the key cyclical points from today's action. Today gold broke above the cycle downtrend line, thus confirming August 7 as…
Today the dollar broke through 80.40. This is a major development as it signals that the current daily cycle topped in only 2 days, thus…
Last year I correctly spotted the three year cycle low in the CRB. I must admit the retest of that bottom has taken much longer…
I think the manipulation after QE4 has accelerated the bull market. We now have the necessary conditions for the bubble phase in gold to begin.…
As I alluded to in my previous report both stocks and gold are due to mean revert. Short-term the stock market is getting significantly oversold…
There's a reason why commercial traders are regression to the mean traders. In this business it is the one thing that you can absolutely bank…
I'm going to start off today and show you what Fed policy has given us over the last decade and a half. What the Fed…
The euphoria phase of the bull market that I warned about months ago is now beginning its final parabolic phase. I'm guessing we still have…