Chart yenGOLD   Chart yenSILVER  
 
Food for thought
Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.
H.L. Mencken  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1344.30-3.97
Silver 21.33-0.13
Platinum 1443.508.00
Palladium 734.00-0.20
WORLD MARKETS
DOWJONES 15354120
NASDAQ 349934
NIKKEI 15361223
ASX 518526
CAC 40 400122
DAX 839828
HUI 246-10
XAU 97-3
CURRENCIES (€)
AUS $ 1.3161
CAN $ 1.3209
US $ 1.2841
GBP (£) 0.8454
Sw Fr 1.2456
YEN 131.8500
CURRENCIES ($)
AUS $ 1.0252
CAN $ 1.0285
Euro 0.7788
GBP (£) 0.6585
Sw Fr 0.9700
YEN 102.6750
RATIOS & INDEXES
Gold / Silver63.02
Gold / Oil14.04
Dowjones / Gold11.42
COMMODITIES
Copper 3.31-0.01
WTI Oil 95.77-0.25
Nat. Gas 4.120.07
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Technical Analysis
Most read articles
Adam Hamilton - Zealllc
SPX Topping Valuations
As the US stock markets keep on levitating, the bulls continue to rationalize this inexplicable melt-up by claiming stocks are still cheap.They use this as a justification to buy high.But is this true?Not by a long shot!Today the US stock markets are just as expensive in classic valuation terms as they were back in late 2007 when the last cyclical bull topped.That led to a brutal cyclical bear, the same risk faced today.When investors talk about stocks being cheap or expensive, they are referrin
Friday, May 10, 2013
Adam Hamilton - Zealllc
SPX Topping Extremes
The levitating stock markets continue to seductively entrance traders, powering to new nominal record highs day after day after day.  No one believes a meaningful selloff is even possible anymore, thanks to the vast deluge of central-bank monetary inflation.  Sheer euphoria has set in as all perception of risk has vanished.  This makes these stock markets extraordinarily dangerous, they are truly at topping extremes. As of Wednesday, the flagship S&P 500 stock ind
Saturday, May 18, 2013
Clif Droke
How to spot (and avoid) market manipulation
We often hear investors complain of financial markets (and the gold market in particular) being "rigged" or manipulated.  The sad yet somewhat humorous tale of Henry Gribbohm recently brought this accusation to life.  The 30-year-old Gribbohm infamously lost his life savings of $2,600 on a carnival game in an attempt at winning an Xbox Kinect valued at $100.  For his efforts, he walked away with a giant stuffed banana sans his $2,600 life savings.Gribbohm's tale is instructive if only because it
Friday, May 10, 2013
Warren Bevan - Precious Metals Stock Review
Stocks Soar, Metals Lag 
While the precious metals didn't fare so well this past week, many super moves in stocks did occur making it another just fantastic week for us.We're on a huge roll here and I'd like to see it continue but that is up to the market, not me.All we can do is stay in buy the dips and breakouts mode until it stops working.The force is strong with this market now and we must stay with it but that can change quickly and it's as important to be able to recognize a change as it is to know what to do.We w
Tuesday, May 14, 2013
Clif Droke
Margin debt and the next stock market crash
The latest fear on Wall Street is that record levels of margin debt may end up toppling the stock market rally. NYSE margin debt recently reached its highest level since 2007 before the last major stock market peak and credit crash.  Stephen Suttmeier, technical research analyst at Bank of America, noted that margin debt, rose 28% in March from a year ago to $380 billion. That figure is slightly below the July 2007 peak of $381 billion, although analysts speculate that April's margin debt totals
Tuesday, May 14, 2013
Chris Vermeulen - GoldandOilGuy
Top 3 Trading Indicators for Profitable and Simple Trading
Many investors and traders make the same mistakes assuming that one needs a complex trading system to consistently profit from the stock market. On the contrary, some of the top performing strategies are the ones with the least amount of moving parts and are simple. Because their simplicity they can be easily and consistently followed. The methodologies we use for timing the market, picking stocks and option trades are very simple because we focus mainly on price, volume and mome
Tuesday, May 14, 2013
Dan Dontrose - The Fundamental View
UPDATING THE WEAKEST OF THE METALS–SILVER
I wanted to follow up on my updated silver chart yesterday because some might say that silver had an outstanding reversal yesterday which confirms a higher price move is imminent.  I think that frame of mind is pre-mature and while silver may spike up, it may also wash out again to the downside given that it is STILL in a bearish pattern. There are a couple of points I want to highlight.  First, while yesterday’s price action was good, (silver was down hard overnight and rallied intraday to cl
Sunday, May 12, 2013
David Petch - Treasure Chest
Update of the AMEX Gold BUGS and SP 500 Indices
This article was published for the benefit of subscribers on April 30th, 2013 AMEX Gold BUGS Index The daily chart of the Gold Miner's Bullish Percent Index is shown below, with the HUI denoted in green. The ratio has managed to rise to 6.67, accompanied by a small bounce in the HUI. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K above the %D in all three instances. Although there is somewhat of a bounce, trends suggest that one more leg down is pending...
Thursday, May 09, 2013
Florian Grummes - The Silver GoldSpot
Gold and Silver
Update 6th May 2013 Arguments for lower prices: Gold broke down from huge descending triangle and out of 2 year sideways zone. The old support between US$1,520.00 and US$1,540.00 now is massive resistance. It will take more time to regain this level. Recent recovery in mining stocks seems to be kind of muted (but could also be bottoming phase..) Movement out of Gold ETFs might just have started Seasonality for precious metals until end of July unfavorable
Thursday, May 09, 2013
Chris Vermeulen - GoldandOilGuy
How to Trade Gold, Silver and Precious Metal Miners
How to trade Gold and other precious metals related investments is not that complex. But you must be willing to wait for price to provide low risk entry points before getting involved. Precious metals are like any other investment in respect to trading and investing in them. There are times when you should be long, times to be in cash and times to be short (benefit from falling prices). Since 2011 when gold and silver started another major bull market correction the best position has b
Wednesday, May 08, 2013
Chris Vermeulen - GoldandOilGuy
Gold Traders and Investors Get Ready To Rumble!
On April 2nd and again on April 12th I wrote a blog post titled Precious Metals Melt-Down, and How To Manage It. I talked about how gold, silver and gold mining stocks have been flying under the media radar for over a year and that they were not catching the attention of traders, investors and the public anymore. I also said it would take some sharp price action (breakdown or rally) for it to be front and center again on TV, Radio and Newspap
Wednesday, May 01, 2013
Jordan Roy Byrne - The Daily Gold
When Will Gold Bull Resume?
While Gold has seen a decent rebound, Silver and the mining shares (the more speculative side of the complex) have failed to sustain any rebound despite tremendously supportive sentiment amid an extreme oversold condition. Is the failure to rebound bearish? Not really. This is a sector that is completely sold out but there are yet to be enough buyers to generate a sustained rebound. The combination of strength in conventional asset classes (stocks and bonds) and poor performance over
Monday, May 13, 2013
Chris Ciovacco - Ciovacco Capital Management
Stocks Could Continue Surprising Ascent
Stocks Break Above Twelve Year Base The market's recent shift back into economically sensitive assets tells us stocks could continue their surprising march higher despite the ongoing calls for "sell in May". As shown in the chart below, the S&P 500 made no progress during the last twelve years. The "no progress" pattern was recently broken, which could lead to head-scratching gains in the months ahead. Market Has Responded To Economic Data The financial markets were pleased with the
Monday, May 13, 2013
Przemyslaw Radomski CFA - SunshineProfits
Will the Breakout in the USD Index Hurt Gold?
We haven’t touched on currencies for quite some time (our latest essay was dedicated entirely to gold: Gold Price in May 2013) now but last time we did, we mentioned the long-term breakout in the USD Index, which at that time was starting to take shape, but as the time wore on it became more and more significant. This is why in today’s essay we’ll focus mostly on the U.S. currency, review its current technical situation and its implications for gold and silver. Let us then jump straight into the
Saturday, May 04, 2013
Clif Droke
How the Fed creates bull and bear markets
Bull and bear markets don't just happen - they're created by the Federal Reserve.  While few investors dispute the power that Fed interest rate policy has on the market, the extent to which it influences the direction of stock prices in both directions is often downplayed.  Moreover, the health of the economy is often decided by the Fed's interest rate policy.While it's no secret that loose monetary policy on the Fed's part benefits stocks and can lead to credit bubbles, researchers tend to unde
Friday, May 03, 2013
Gary Tanashian - Biwii
Macro Sleight of Hand is Working, for Now
Right in plain site, the Federal Reserve is doing this to the US money supply. It is a hockey stick with the blade pointing up, but will one day turn into a big, bloated chicken and come home to roost. The Fed's global counterparts continue apace with inflation as well.Meanwhile, economic data like M2's velocity would give out of control monetarists free license to provide more of what they say is good for us, because newly printed money is not getting out into the economy to a sufficient degree
Monday, May 06, 2013
Jordan Roy Byrne - The Daily Gold
Gold Stocks to Rebound in May
Sell in May and don't go away. Sell and buy gold stocks. We all know gold stocks have been a disaster for weeks and months. The HUI gold bugs index kept falling below support levels until finding support near 260 which we consider to be very strong support and probably the major low. In the nine trading days since the bottom the gold stocks have recovered only slightly and gradually. However, after Tuesday's reversal, we see plenty of evidence that augurs for a strong recovery in May.
Wednesday, May 01, 2013
Chris Ciovacco - Ciovacco Capital Management
Markets Forecasted Favorable Employment Report
It is an understatement of grand proportions to say the financial markets are complex and have a lot of moving parts. Therefore, looking at what is actually happening vs. being overly concerned about what may happen next is a good way to stay in line with the forces of supply and demand. Employment Data Aligned With Markets The bullish employment report may have come as a surprise to many, but as we describe below, the markets were dropping bullish hints prior to Friday's announceme
Friday, May 03, 2013

Advertising