Search Results for: XAU

1985-2021: XAU Velocity Indicator

Posted on July 16, 2021 by | Leave a comment

Below is the Velocity Indicator for the Philadelphia Gold and Silver Stock Index (XAU).

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Posted in Velocity Indicator, XAU

Gold Market Review: March 2020

Posted on March 17, 2020 by | Leave a comment

In our last Gold Stock Indicator, published October 28, 2018, we offered up $1,755.41 as the extreme upside resistance level for gold.  When the same level is drawn to the most recent price, we find that gold has struggled at … Continue reading →

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Posted in gold bugs, XAU

Gold Stock Indicator: October 2018

Posted on October 28, 2018 by | Leave a comment

On April 14, 2011, in our very first attempt at understanding Edson Gould’s Speed Resistance Lines, when the Philadelphia Gold and Silver Stock Index (XAU) was within 6 trading days of the top, we said the following: “Based on the … Continue reading →

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Posted in Gold Stock Indicator, The Study of Failure

Tesla: Downside Targets

Posted on September 8, 2018 by | Leave a comment

In this posting, we’ll covered the topic of downside targets for Tesla (TSLA).  We’re going to apply Speed Resistance Lines [SRL] and George Lindsay’s “Three Peaks and a Domed House.”  The SRL downside targets are fairly conservative, in our view, … Continue reading →

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Posted in 3PDh, Speed Resistance Lines, SRL, Tesla Motors

Gold Stocks: Hedge Free

Posted on February 17, 2018 by | Leave a comment

We have been quoted here on many occasions saying that when the general equity market takes a dive of –10% or more, so too does gold stocks by a greater margin.  Our point, gold stocks are not a hedge from … Continue reading →

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Posted in DJIA, gold, gold bugs, Gold Stock Indicator, XAU

The Power and Lessons of Speed Resistance Lines

Posted on February 4, 2018 by | Leave a comment

We are not big fans of charting as a means to make decisions about where the price of a stock or index will go. However, when a charting strategy has a high level of consistency while taking away our own … Continue reading →

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Posted in NFLX, William X. Scheinman, XAU

Are There “Values” in Gold Stocks?

Posted on April 12, 2017 by | Leave a comment

Looking at any analysis of gold stocks, you would think that fundamentals matter.  The companies have quarterly reports that reflect operating expenses, pre-tax profits, estimates reserves, sometimes earnings and in rare instances dividends.  However, when it comes to gold stocks, … Continue reading →

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Posted in Fundamentals, gold, Gold Stock Indicator, junk

Gold Stock Indicator: November 20, 2015

Posted on November 21, 2015 by | 1 comment

Gold and gold stocks continue to languish as there appears to be no catalyst to propel prices higher.  The perception of no reason for gold to increase adds to the despondency of traders and investors which compels selling.  However, we’d … Continue reading →

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Posted in 3-month, Federal Reserve Bank, gold, gold bugs, Gold Stock Indicator, interest rates

Royal Gold: SRL Update

Posted on January 28, 2015 by | Leave a comment

On October 12, 2012, we posted the following SRL for Royal Gold: We said the following of the above chart: “The SRL for Royal Gold at $44.62 doesn’t seem outlandish given what has already occurred in the previous declines from … Continue reading →

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Posted in Edson Gould, RGLD, SRL

Gold Stocks: Risks and Remedies

Posted on September 24, 2014 by | Leave a comment

The topic of gold inspires a charged reaction from individuals seeking fiscal and monetary responsibility of their respective governments.  This article is an attempt to establish the risks of gold stock ownership in an investor’s portfolio.  We will cover the … Continue reading →

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Posted in gold, gold bugs, Gold Stock Indicator

Gold Stock Indicator: October 9, 2013

Posted on October 9, 2013 by | Comments Off on Gold Stock Indicator: October 9, 2013

Although gold and gold stocks declined, the Gold Stock Indicator (GSI) increased above the level from yesterday.  we’re currently sitting slightly above the “stage 4 buy” level which is based on the 2008 low. Our use of the 2008 low … Continue reading →

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Posted in Charles Dow, Charles H. Dow, gold, gold bugs, Gold Stock Indicator

Review: Royal Gold (RGLD) Speed Resistance Lines

Posted on July 12, 2013 by | 2 comments

On October 12, 2012 (found here), when Royal Gold (RGLD) was within 11 trading days of the all-time high at $89.27, we said the following:

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Posted in Edson Gould, RGLD, speed resistance line, SRL

Gold Stock Indicator: Now is the Time

Posted on June 25, 2013 by | 1 comment

On June 24, 2013, the Gold Stock Indicator (GSI) declined below the 2008 low for a brief moment.  Today, June 25, 2013, the GSI is at the 2008 low. Any activity in the gold stock arena below the “stage 4 … Continue reading →

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Posted in gold, gold bugs, Gold Stock Indicator

Bitcoin Downside Targets

Posted on April 10, 2013 by | Comments Off on Bitcoin Downside Targets

After seeing a discussion of Bitcoin on Bloomberg (found here) we decided to run Edson Gould’s Speed Resistance Lines (SRL) on the “currency.” The most important feature regarding this SRL analysis is precedence.  Without precedence we could not ascribe any … Continue reading →

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Posted in Bitcoin, Edson Gould, speed resistance line, SRL

Avoid These Ratios on Gold Stocks

Posted on February 19, 2013 by | Comments Off on Avoid These Ratios on Gold Stocks

When attempting to put the current market moves into perspective, it makes sense to look at the various market ratios like Price-to-Earnings, Price-to-Book, Price-Sales as guideposts for market direction.  Ratios help to put the numbers that are constantly being generated … Continue reading →

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Posted in Gold Stock Indicator