Search Results for: gold

Nasdaq vs. Gold

On February 19, 2024, Luke Gromen presented a chart of the Dow/Gold ratio from 1800 to 2024.

Idaho Gold?

Three years ago, it was hailed as a second coming and the dawn of a new age.  Hidden underneath was an appeal to the primal instincts of goldphiles everywhere. On February 13, 2021, Idaho Bill H0007 was passed by 51-19.  … Continue reading

Gold Price Momentum Indicator

Since our January 16, 2023 posting, the price of gold has increased less than 3%. This makes our commentary at the time seem appropriate when we said:

Money Standards: Gold, Silver, & Paper

Below is a list of money standards, starting in 1870.  Periods prior to 1870 will be added over time so please check back for updates. The goal of this list is to update the areas missing with data that informs … Continue reading

1970-2019: Debt, Deficit, Gold/S&P 500 Perspective

see also: 1924-2001: Gold and Silver Stocks 1920-1940: Homestake Mining 1900-2019: Silver/Dow Ratio

Gold Dealers Sell What?

SPDR Gold Shares Downside Targets

Below are the downside targets for the SPDR Gold Shares (GLD). $124.16 (intermediate target) $106.27 (mid-range target) $52.60 (extreme target) The $124.16 level is not an “official” downside level as it is only an intermediate point on the way to … Continue reading

Gold Market Review: March 2020

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

Chart of the Day: Alio Gold

According to Yahoo!Finance, “Alio Gold Inc., through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties in Mexico. It primarily sells gold and silver. The company’s principal assets include its 100% owned and operating San … Continue reading

Gold Stock Indicator: October 2018

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

Nasdaq v. Gold from 1971 to 2020

We like the comparison between the “freely” traded price of gold compared to the Nasdaq Composite index because it really shows the difference between the performance in the two over the years. Most importantly, gold began trading “freely” at around … Continue reading

Gold and the DJIA

Charles H. Dow, co-founder of the Wall Street Journal, once said: “For the past 25 years the commodity market and the stock market have moved almost exactly together. The index number representing many commodities rose from 88 in 1878 to … Continue reading

Gold Stocks: Hedge Free

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

The Hidden Story of Gold

Gold is currently languishing in a trading range between $1,366 to $1,049. This trading range is thought by many to be a pause before the eventual increase above the previous high at $1,895.  After all, the price of gold had … Continue reading

Goldman Plays with Numbers

On MarketWatch.com we saw the following article: In the article, it quotes Goldman Sachs analysts as saying, “We also believe that cryptocurrencies have moved beyond bubble levels in financial markets, and even beyond the levels seen during the Dutch ‘tulipmania’ … Continue reading