THE MOVE TO $1,000

Things are looking good, dear gold bug. Characteristically gold hits its seasonal low in late summer, often in August, and then begins to rise as the month comes to an end. This late-August drift higher is a sign of the exhaustion of selling pressure and a precursor...

Gold Breakout…Or Shakeout?

Kitco.com contributor Clive Maund provided an interesting Gold Market Update on August 9, 2009. Gold’s technicals have been looking very promising in the recent past, but there have been two worrying developments over the past couple of weeks which suggest that...