Seeking Alpha

Bob Kirtley

 
View as an RSS Feed
View Bob Kirtley's Articles BY TICKER:
  • Precious Metals: Timing And Flexibility Is The Key To A Successful Trade
    Thu, Nov. 20 GLD, SLV 4 Comments

    Summary

    • Stay flexible and be prepared to trade either way, being a perma-bull or a perma-bear is far too ridged a stance to take in any market sector.
    • Decide on what you think the big picture looks like. Our opinion, for what it is worth, is that we are still in this bear phase and should trade accordingly.
    • The next bounce in prices could be another false dawn disguised as a rally and we have had many of those over the last three years in this market sector.
  • The Swiss Gold Initiative And Why It May Affect Gold Prices
    Thu, Nov. 6 11 Comments

    Summary

    • These referendums, as we understand it, have to be approved by a majority of the Swiss Cantons or member states, of which there are 26 of them.
    • The triple bottom in gold has failed to hold despite the upcoming Swiss Gold Initiative.
    • We will continue to short the weaker stocks, buy puts and retain the lion’s share of our funds in cash until gold completes its final capitulation process.
  • The End Of QE And The Price Of Gold
    Tue, Oct. 28 GLD, IAU, SGOL 56 Comments

    Summary

    • The next few days may give us an insight to what the Fed has in store for us by way of monetary policy, the single most important element for gold.
    • Precious metals and their associated producers have produced numerous of false dawns over the last few years and so we remain wary of them.
    • The HUI currently stands at 182 which is only 32 points above the low of 2008.
  • Monetary Policy Weighs On Precious Metals
    Thu, Sep. 18 GLD, SLV 8 Comments

    Summary

    • Gold has an inverse relationship with the US dollar so when the dollar declines gold rises.
    • The two most important points to come out of today’s meeting were firstly that the tapering of QE would continue and interest rates may rise earlier then expected.
    • We are now of the opinion that gold will trade lower and re-test the $1180/oz level, silver; if it breaks below $18.00/oz, would experience a drop to $15.00 level.
    • Money printing, political turmoil, terrorism, protests, demonstrations, riots, separatism, sanctions, air strikes, etc., have done nothing for the precious metals sector of late.
  • Gold: The Thin End Of The Wedge
    Wed, Sep. 3 GLD, IAU, SLV 14 Comments

    Summary

    • As optimists we can argue that the summer doldrums arrived to take the steam out of the market and that better times lie ahead.
    • The pessimists suggest that gold is struggling to gain traction and will head lower in the near future.
    • New record highs this year are just too big an 'ask' so go gently if you intend to buy gold, silver or the associated stocks in the near future.
  • Gold's Advance Is Being Capped By The Dead Cat Dollar's Recovery
    Sat, Aug. 2 GLD, IAU, SGOL 19 Comments

    Summary

    • 2013 was a disastrous year for gold as it ended the year at around $1200/oz.
    • Can gold maintain this level of progress in the second half of 2014 and finish at say $1400/oz plus or will it re-test of the low of $1180?
    • What we thought was a Dead Cat Dollar is alive and still kicking.
    • In terms of timing; the summer doldrums looked to have been by-passed, but the last few weeks has seen this sector start to rollover.
  • Will Import Taxes On Solar Panels Hamper Silver's Ability To Rally?
    Wed, Jun. 11 SLV, AGQ, USLV 10 Comments

    Summary

    • Investors are disillusioned by the inability of silver prices to rise to higher ground.
    • Today, we will look at one of the factors which we think is important - the imposition of import duties on solar panels.
    • 100 million ounces of silver are projected for use by solar energy in 2015.
  • The Effect Of Monetary Policy On Gold Prices
    Wed, Jun. 4 GLD 22 Comments

    Summary

    • If on Thursday the ECB do reduce rates then the Euro could fall exerting upward pressure on the dollar which would be negative for gold.
    • We can look to the summer doldrums or ‘sell May and go away’ investors to account for gold's fall but the truth is that this tiny sector is in decline.
    • The NFP numbers and the actions of the ECB will make for a volatile end to this week.
  • Gold Prices: The Coming End To This Bear Phase
    Wed, May. 7 GLD, SLV, AGQ 26 Comments

    Summary

    • It’s been almost 30 months since the gold bull hit the dizzy heights of $1900/oz back in August 2011, sending many of us into raptures.
    • Many believe that the bottom is now in and the bull has resumed charge, with the bears being exhausted.
    • We would like to agree with them but we are still of the opinion that a challenge to the June lows could still lie ahead of us.
  • Gold, Silver And The Mining Sector: Prepare For A Severe Fall
    Thu, Apr. 17 GLD, SLV, GDX 118 Comments

    Summary

    • China and India remain huge purchasers of physical gold.
    • Mints around the world occasionally run out of coins and bars, and are unable to meet demand.
    • As logical and sensible as these arguments are, the fact remains that gold and silver are not heading to the moon just yet.
  • The Federal Reserve, Janet Yellen, QE And Gold
    Thu, Feb. 27 GLD, IAU, PHYS 39 Comments
  • The Dead Cat Dollar Outperforms Gold, Silver And The HUI
    Dec. 18, 2013 GLD, SLV, IAU 53 Comments
  • The HUI Has Penetrated Its June Lows, Gold And Silver To Follow
    Nov. 29, 2013 GLD, SLV, IAU 42 Comments
  • Gold, Silver And The Mining Sector Have Not Bottomed Yet
    Nov. 19, 2013 GLD, SLV, GDX 76 Comments
  • The U.S. Dollar, The Euro And Their Influence On Gold Prices
    Nov. 6, 2013 GLD, IAU, FXE 26 Comments
  • Agnico-Eagle Mines Limited: One For The Future
    Nov. 5, 2013 AEM 7 Comments
  • Gold Prices Still Dependent On The U.S. Dollar
    Oct. 24, 2013 GLD, DBV 10 Comments
  • Silver's Summer Rally Fizzles Out
    Oct. 17, 2013 SLV, AGQ, GLD 22 Comments
  • The Federal Reserve Surprises With 'No Taper' Announcement
    Sep. 19, 2013 GLD, PHYS, IAU 21 Comments
  • Gold Mining Rally Or Bear Trap For Investors
    Sep. 10, 2013 GDX, GDXJ, GLDX 8 Comments
  • The U.S. Dollar Outperforms Gold, Silver And The HUI So Far In 2013
    Aug. 13, 2013 UUP, GLD, SLV 4 Comments
  • Possible Devaluation Of The Euro Casts A Shadow Over Gold's Future
    Jun. 6, 2013 IAU, SGOL, GLD 9 Comments
  • Silver: A Bulls' Game Of Patience
    May. 24, 2013 SLV 13 Comments
  • A Dead Cat Bounce For Gold Prices
    May. 21, 2013 GLD, SLV, GDX 15 Comments
  • Gold Prices To Re-Test $1,350
    May. 14, 2013 GLD, GDX, IAU 18 Comments
  • A U.S. Dollar Retreat Could Ignite The Precious Metals Market
    Apr. 10, 2013 SLV, AGQ, GLD 22 Comments
  • Some Political Considerations For Silver Prices
    Feb. 27, 2013 SLV 11 Comments
  • Gold And The U.S. Dollar
    Feb. 13, 2013 GLD, UUP, UDN 11 Comments
  • Is 2013 The Year For Gold Stocks?
    Jan. 17, 2013 GDX 14 Comments
  • Junior Gold Mining Sector: Distress For Investors?
    Dec. 9, 2012 GDXJ 63 Comments
  • Gold Prices Experience A 'V' Shaped Bounce
    Nov. 27, 2012 GLD 10 Comments
  • Gold And Silver Prices Set To Rocket To Higher Ground
    Nov. 8, 2012 GLD, IAU, SGOL 23 Comments