by Howard Katz | May 3, 2010 | Howard Katz, Precious Metals
A discourse on the price of gold. The price is ready to explode. The signal came 4-30-10. To tell you news, I take my pen. Here we see the daily basis chart of gold for the past 6 months. This shows a head and shoulders bottom, one of the most widely known chart...
by Howard Katz | Apr 26, 2010 | Howard Katz, Precious Metals
Many a weekend since the beginning of the year has been occupied by a “crisis†in the euro. But this weekend’s “crisis†seems to be the mother of them all. As such, it will probably put an end to them, and the gold market will pull out of its funk and resume...
by Howard Katz | Apr 19, 2010 | Howard Katz, Precious Metals
Alas, poor gold bug; I knew him Horatio. He had the brains to be perfectly positioned in the great gold bull market of 1999-2020. Yet he did not make any money from his wisdom. Take, for example, the sell-off of April 16, 2010. Gold was just about to make another...
by Mac Slavo | Apr 13, 2010 | Forecasting, Precious Metals
Well known market analyst Robert Prechter, who strongly favored stocks in March of 2009, says it’s time to get out: I think this is the third best selling opportunity in the last 10 years. The first one was in 2000, the next one was in October ’07, the...
by Howard Katz | Apr 12, 2010 | Howard Katz, Precious Metals
The explosive move in gold which I have been predicting for some months is now under way. He who hesitates is not lost, but he does make smaller profits. You have undoubtedly heard of the death of a thousand cuts. You now face the death (of your profit) by a thousand...
by Howard Katz | Apr 5, 2010 | Howard Katz, Precious Metals
Well, it’s been a bad 5 months. Gold has mostly just gone back and forth, and gold bugs are wringing their hands in frustration. But this is the problem with using intuition in the markets. One intuitively remembers the recent past, and one forgets the larger...
