Trader’s Narrative

Guest post by Nico Isaac:
As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame skirts, shiny gun-metal dresses and glittery sequined gowns all basking in the golden shadow of the final […]

To the amazement of the perma-bears, the US dollar is enjoying a huge rally (again). I’m sure many would like to know exactly why since the US economy doesn’t look like it is doing that well. I don’t pretend to know either but remember that during the bear market in almost everything, the US dollar […]

Guest Post by Jeff Clark, Editor of Casey’s Gold & Resource Report:
Many conventional U.S. brokers are relatively clueless when it comes to gold stocks. If you asked them to name one, chances are it would be a domestic producer, one with assets located primarily in North America. But that’s not where the big money […]

I don’t want to harp on gold too much but since we discussed the various gold sentiment measures recently and the Rydex traders rushing out at the shallow correction, I wanted to also provide a long term perspective.
Back when taxi drivers were becoming daytraders and when any public corporation could depend on a pop in […]

A few weeks back we looked at the precious metal sector because the Rydex traders had suddenly dropped their enchantment with the gold sector in response to the small weakness in gold and gold stocks. Usually when these myopic traders hop off a sector with such alacrity we have the makings of a good contrarian […]