Is this still a top? Deflation or Inflation ahead?

Sorry I don't update more frequently but not much has changed. Gold looks to hold trendline suppport however we may have downside.

Jr. miners still best value.

see www.jsmineset.com
www.financialsense.com
goldseek, 321gold, and howestreet.com for some of my favorite reads.

TOP gold 975 - 1000 ?

Silver / Gold ratio...
Speaks volumes to me. perhaps it goes higher but how much?








Below is a daily chart of gold. I believe that the attempt of this breakout has failed. Note the MACD Cross which for many is a sell signal.

Exciting Times Gold $960

Here's Gold from Jan 1, Nice bullish wedge and a break up today





You can create these charts at
www.netdania.com
click on quote list, then click on the instrument you choose.

Chan on Buy signal for Gold, Accounts only 3 4 % from ATH.

GOLD trading round number suppport 900

Here's the current look at GOLD.
What is happening here is a typical pause at the 900 level. The weekly looks over bot and MACD weekly could roll over to sell cross, but for now in bullish mode.

I know you regular viewers would appreciate more updates so if you wish to be on my mailing list just send a note to
jimak1 @ gci . net

For now I am adding to JR positions.

Shorting DBA

I have synthetic long positions on HMY and GFI that being short march puts long april calls for a net credit.

Best, Jim

GOLD 860+ nice!!

Gold blasts off in 2008...
I guess everyone was waiting for the new year to buy.

Not a bad consolidation and breakout.

Do not sell your valuable gold and mining shares except to buy better value.

GOLD A COILED SPRING

GOLD $794
A coiled spring, these charts zoom out to a daily with macd and 9 day rsi...

GOLD BATTLE FOR 800 what's your bet?

Which will be hit first 750 or 850?

Gold 822+ Looks like another leg up

Here's the latest study... enjoy

Have been adding this past week to positions.

Gold has moved up to 821 since this was created last night.

chart created via
www.netdania.com

Gold 790

Some Gold Charts from early November.

Gold 742 on the way to 800 +

Well a month has gone by since the last post. Gold continues to fly as Gov'ts inflate.

Long and strong many little miners.

Gold 700 Still on buy...

Since my last post in late July that call still holds. I have been busy trading the short side of the markets and re loaded my small gold stocks over the past few weeks.

Here are your gold daily and weekly charts.

Breakout or Fake out?

GOLD is going up...

Gold is going up and may turn up hard.

Hidden Pivot based on BC of the last week.
A 638.9 (touch of trend line)
B 687.75 C656.57
Gives Entry 668.7825
Pivot 680.995
Target 705.42

We will go thru 705

638.9	687.75	656.57	668.8	680.995	705.42

GOLD WEEKLY WITH TREND LINES

Gold Weekly with Trend Lines.
An important test of the TL. Looks promising.










Gold Daily
Important Bottom, also at the 200 day moving average. I say Buy and Buy JR. miners


Next update will be Wednesday.

Update June

Well it's time to hit the beach... Apologies for those of you who are regular lookers here that I have not updated recently.

I was lucky enough to have sold many positions on the last run up in Gold, now better than 50% cash and holding many jrs. And my accounts are near high valuations

Let me suggest a free trial to www.weldononline.com he has a very good read on things.

Bob Hoye also is excellent.
Instutional Advisors.com

Jim Puplava www.financialsense.com weekend radio show is excellent.

If are confused about these markets, well, join the party... I think everyone is

My sticky note says "Relax on the Markets till Fall"
Good trading, and feel free to email or join our little yahoo room, lots of good comments in there.

Memorial Day Gold 655 not much to say

Gold continued it's drop, continues to be hit by the banks in NY. Many expect to see 640 (red line) or less, I would not be suprised.

So long as we don't take out the other lows to the left we may be ok. Others on the gold sites are buying buying.

For me I am long and waiting with mostly jrs.

I suppose there is blood in the streets... look at IAG and VGZ for example. Forced selling?

Be careful out there.

Also recommend www.financialsense.com check the third hour part II broadcast and ofcourse Hoye on www.howestreet.com

Have a good week.

Weekly update Sunday TYO open Gold 662.80

This chart says it all.
Note each test of the Fib Retrace of the full move on this chart.

The trend line break is just another fake out break out?

Pivots point lower but I don't think any lower targets will be reached which will be bullish.

Buy.

Gold 671 Weekend Update

Gold traced an ABC down to nearly the exact pivot point at 664.30 basis cash on Net Dania.

I was suggesting in our live room that the correction and bump was not enough of a correction.

A closer look showed an extreem over sold, (outside the bolband), a hit on trendline support and the pivot touch produced an intra-day buy for me.

The CCI indicator also reached an over sold point.

NOTE: go to howestree.com
and listen to Bob Hoye.

Weekend Update

I would like to thank the few of you who visit regularly looking for updates. Here's the gold chart in a daily and 8 hour with BolBands and trendline.
I like the MACD cross and lower low on the histogram.

Near term hidden pivots point to 704 and 724 as areas to watch. A break of 724 will take us higher.

Recently GSS had a near perfect pivot from the top down to 4.22
(no chart here)

The Canada Dollar vs the US Dollar is making new highs, I wonder if it will be news worthy when the $Canada = $ US.

Gold update 690 Wall of worry

Gold 8 hour bars with trend line

We appear to have some room.












Gold Daily Bar 1 year

Somethings Up? "gold and silver"

Gold has passed the 675 area and is looking up. We are up at the channel where Sinclair says to sell 1/3... I note the speculative issues are all popping up, feels like a short term top?

Note the MACD does not confirm this move.










Silver, mid channel.
Macd has a ways to go, yes?

















A different view of Silver



















Zoom in on the Silver channel.


Uranium stocks look tired, had a top figured on CCJ, what a run.

General markets also look anemic.