From the Desk of Ian Culley @IanCulley

The US Dollar Index $DXY has posted its tenth week consecutive in the green. 

And with the dollar off to a...

From the Desk of Ian Culley @IanCulley

Precious metals represent an opportunity cost.

The entire complex – gold, silver, platinum, and palladium – has gone nowhere for the past few years.

Yet I can’t overlook the...

From the Desk of Ian Culley @IanCulley

Precious metals deserve the benefit of the doubt.

These shiny rocks are in the early stages of their next secular bull run. But I won’t let my bullish bias detract from the obvious: Gold...

From the Desk of Ian Culley @IanCulley

It was do or die for the yellow metal a couple of weeks ago.

Gold chose “do.”

Buyers sprang into action, defending a...

From the Desk of Ian Culley @IanCulley

I’ve had the pleasure of driving cross country multiple times, covering every inch of I-10. 

I made so many memorable moments on those drives …

I pushed through white-out conditions...

From the Desk of Ian Culley @IanCulley

Gold is hanging on for dear life.

Rising interest rates and a strengthening dollar create formidable...

From the Desk of Ian Culley @IanCulley

One of my favorite scenes from "Forgetting Sarah Marshall" is when we get to meet the in-house surf instructor, played by Paul Rudd.

Rudd’s character, Chuck, a transplant local, imparts...

From the Desk of Ian Culley @IanCulley

The stars have not aligned for gold bugs.

Rates and the...

From the Desk of Ian Culley @IanCulley

I find the general distaste for precious metals amusing.

It cracked me up when a close friend referred to gold as “hot garbage” at the start of the year. The Nasdaq 100 was trading almost...

From the Desk of Ian Culley @IanCulley

Here comes the Fed.

Another FOMC decision is upon us.

But the market has the central bank’s number this time, or so it seems.

The fed fund futures are pricing in an almost...

From the Desk of Ian Culley @IanCulley

The US dollar is approaching a slippery slope. 

And few markets embrace a falling dollar quite like precious metals....

The two major catalysts that will propel gold to new all-time highs are veering in different directions. 

US real yields are challenging fresh...

From the Desk of Ian Culley

Healthy retest or failed breakout?

These are the scenarios rolling through my mind as I watch the Gold Miners ETF $GDX.

It’s easy to lean toward further weakness based on...

From the Desk of Ian Culley @IanCulley

Buyers are holding the line. 

The former 2011 highs remain front and center for gold futures – and ...

From the Desk of Ian Culley @IanCulley

I left gold bugs an urgent message last week.

“This mess could turn downright ugly for the entire precious metals...

From the Desk of Ian Culley @IanCulley

Gold can’t do all the heavy lifting.

I believe a generational rally for gold has already begun. But my structural outlook hinges on...

From the Desk of Ian Culley @IanCulley

What will it take for gold to make new all-time highs?

A weaker US dollar and falling real yields...

From the Desk of Ian Culley @IanCulley

All-time highs remain out of reach for gold bugs.

But not all is lost. In fact, I still see constructive consolidations on longer time frames. 

It’s messy. But I’m impressed with...

The bears have found a new home: gold mining stocks.

Silver’s breakdown earlier this month raised the caution flag for the entire precious metals space...

The caution flag is flying.

Broad selling pressure is hitting the markets as gold, silver, and mining stocks slide.

Will the Fed hike? Will it cut? Or will it finally pause?

I have no idea, and nor does anyone else.

But...

From the Desk of Ian Culley @IanCulley

There’s a mountain of bullish evidence supporting an upside...

From the Desk of Ian Culley @IanCulley

It’s still messy out there, no matter where you look.

Signs of strength are fleeting, whether we’re discussing gold, the S&P 500, or US Treasuries. It’s one of the few observations...

First palladium, now platinum?

Platnuim broke out of an inverted head and shoulders pattern last week, printing fresh 52-week highs.

The bullish data points continue to roll in despite the waning strength in gold and silver.

Check...

From the Desk of Ian Culley @IanCulley

Our precious metals index is hitting fresh 52-week highs despite the waning strength in gold and silver.

Only three markets comprise the index. That leaves only one possible culprit –...