A few weeks ago, gold looked like it was headed south.  For several days, the gold ETF (GLD) hugged the bottom of its trading channel, and appeared as if a breakdown was imminent.
But today’s action changed the picture entirely.  The high-volume 23 point rally shot gold through the upper bound of congestion.  Dozens of gold [...]

In the back of our minds, we all knew Helicopter Ben Bernanke would eventually begin to monetize debt.  I just thought he would do it slowly and quietly.
I was wrong.  In a tribute to Johannes Gutenberg, Bernanke announced that the Fed would print money to buy Treasuries.  Its also ramping the presses to fund purchases [...]

Though I was stopped out of  them a few times earlier this year, I now have approximately one quarter of my speculative portfolio allocated to long positions in junior gold miners.  Here’s why:
The fundamental backdrop is extremely supportive.  A few weeks ago, I expected the dollar to soften as the U.S. government stretched its balance [...]