READY TO EXPLODE

by | 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...

THE FALL OF THE EURO

by | 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...

SCAREDY CATS

by | 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...

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