Current Market Rates Per Ounce September 02, 2010 4:57:25 PM PST USD $  CAD $ Gold (AU): 1,250.68  1,318.22 Silver (AG): 19.58  20.64 Platinum (PT): 1,544.50  1,627.90 Palladium (PD): 519.25  547.29 USD-CAD Exchange Rate: 1.054 J&M Coin & Jewellery Ltd. 127 East Broadway Vancouver, BC, V5T 1W1, Canada Tel: (604) 876-7181 Toll Free Ordering: 1-888-244-9999 Fax: (604) 876-1518 e-Mail: jandm@jandm.com Web: www.jandm.com

This page provides assorted current year (2010) stories and articles relating to precious metals as written by a panel of contributors and by industry and independent investment consultants. Click on the title of the article to read the full story. See also 2007, 2008, or 2009 archived articles. Disclaimer: The views and information provided in these articles and commentaries do not necessarily reflect the views of J&M Coin & Jewellery Ltd. and are provided as a free service to our clients. Silver About to Break Out Big! By David Banister September 2, 2010 I believe silver is about to stage a pretty large advance based loosely on the Elliott Wave pattern I see unfolding after a 9 odd month consolidation. Silver needs to bust through $19.50 per ounce to confirm but I suspect we will see this fairly soon. Precious Metals Trading at Key Resistance Levels By Chris Vermeulen August 29, 2010 It looks as though everything is trading just under or at resistance levels. That means sellers will start to enter the market and cause prices to stall or reverse lower. Proposing an Overnight Gold Fund By Sam Kirtley August 28, 2010 There is much debate within the precious metals industry regarding the alleged suppression, or at least manipulation to an extent, by either central banks or the proprietary trading divisions of large banks, or a combination of the two. If a discrepancy exists can one take advantage of it and use it for profitable trading strategies? Gold Bullion Likely to Pull Back then Rocket Higher By David Banister August 27, 2010 I'm changing my views to BULLISH intermediately after a pullback, from BEARISH intermediately. Obviously the fundamentals for gold have never been stronger but I was expecting a deeper correction off the 21-month rally and it looks like gold buyers are really stepping up their gold purchases. How To Trade Gold and Silver's Volatility By Chris Vermeulen August 25, 2010 Gold is the safe haven when it comes to actively trading. I do trade silver here and there but the size of my position is much smaller because of the difficulty level and volatility associated with it. Why the US Dollar is Key By Toby Connor August 23, 2010 After the aggressive collapse we've seen in the dollar over the last couple of months, there seems to be little question the dollar has begun working its way down into that yearly cycle low. The only question now is how long before the current intermediate cycle tops? Is Gold Topping Out Here? By Chris Vermeulen August 23, 2010 Last week we saw gold move higher by 1% but I cannot help but think a sharp sell off is only days away from being triggered. Either we get another pop into resistance which would eventually trigger a wave of sellers and cause a sharp drop or the price of gold will drift lower to eventually break a key support level and trigger stop orders. Gold and the US Dollar at Key Pivot Points By Chris Vermeulen August 16, 2010 I feel the dollar and gold will have some profit taking and trade sideways or down at the beginning of the week. After that it looks as though the dollar and gold will rally. US Dollar to Fade as Gold Heads Higher By Sam Kirtley August 14, 2010 One of the key technical signals we were looking for in anticipation of a new major rally in gold was a close above the 50-day moving average. Well, last week gold delivered that signal -- twice. What Just Happened? By David Banister August 11, 2010 The market dropped unexpectedly today -- or did it? A week ago we were calling for a top around 1130 on the SP 500 for the past few weeks as a bearish wedge pattern was in the process of completing. Panic Selling Slams the Market but Will Gold Hold? By Chris Vermeulen August 11, 2010 Gold was left on the side of the road today as traders and investors focused on the equities market. I was actually a little surprised that it didn't make a big move today because the US dollar rocketed higher for the entire session. Gold Prepares to Make Yet Another All-Time High By Sam Kirtley August 9, 2010 The summer doldrums are normally a weak time for gold, with July and August historically being two of the worst months for the yellow metal. July followed this pattern with there being a great deal of weakness in the gold price. However gold prices have bounced back this month, with gold now only $60.00/oz off its high. Meet Someone Who is 90% Invested in Gold and Silver! By Peter Degraaf August 2, 2010 Nations rise when through inventions and technology they become economically prosperous. They grow as they enlarge their borders and increase in influence, through conquests or by trade. They fall when the growing need to pay for promises made and the cost of foreign wars drains the treasury. Stocks, the US Dollar, Gold, and Miners By Toby Connor July 31, 2010 I expect, barring some kind of catastrophe, next week should be another good week for the market. We are now at that point where it's time to be greedy. Is the Market Topping Again? By David Banister July 29, 2010 The pullback so far only lasted about eight weeks relative to 13 months of rally, so I think there is another several weeks yet before we can call a bottom in 2010. Gold on the Move By Chris Vermeulen July 28, 2010 Gold has been sliding lower for several weeks now and it looks to be showing selling exhaustion. The 5th wave down with the volume spike indicates panic selling as investors cannot hold onto those positions any longer and exit. This is a bullish sign for gold. Hoping For a Break By Toby Connor July 27, 2010 Gold has now reached levels more bearish than at the February bottom. That means gold is at risk of running out of sellers. It's simply too late in the intermediate cycle for gold to have enough time for a significant drop. Gold is about to move into the strong demand season. Like clockwork, gold invariably puts in a major bottom in July or August before the run up into the strong fall season. Time to Rally: SP-500 and GLD By John Townsend July 21, 2010 I am very concerned that today's gold movement was not accompanied by high volume. And I believe today's intra-day $1175 low was completed pre-market of opening trade in New York -- so stock investors were treated to a rising gold price at the start of trade and really were never subjected to a plunge in price. Both these issues make me suspicious of this bottom. Carpe Aurum (Seize the Gold) By Toby Connor July 19, 2010 We are on the verge of getting one of the best buying opportunities we ever get in a bull market sometime in the next week or two. Are you going to seize the opportunity or are you going to let the bull trick you into losing your position? Gold Trading Pattern By Chris Vermeulen July 18, 2010 It was an interesting options expiration week for equities that's for sure. We saw some very choppy price action with large waves of buying and selling as the bulls and bears fought for control. Gold closed lower for the week which is not a good sign considering the US dollar dropped like a rock along with them. Bears Should Beware By Toby Connor July 13, 2010 Bear markets don't begin because of lines on a chart. They begin because something fundamental is broken in the economy or financial system and bear market rallies don't end because of lines on a chart. Can the Stock Market Keep Rising? Gold, Too? By John Townsend July 11, 2010 Gold is in a secular bull market and going to go much higher over time but gold has got itself in a bit of a tough situation at the moment and I do not see how it will be able to wiggle free until it first heads south. Is Gold About To Rocket and the S&P500 Tank? By Chris Vermeulen July 11, 2010 It looks as thought the market is at a critical pivot point. We could see prices stall out here and continue the down trend or see strong buying step in sending prices higher in the equities market. We need to wait and see what type of price action unfolds in the coming days. The S&P 500 and Gold Still Have a Good Bit of Downside to Come By David Banister July 9, 2010 I have been gold bull since late 2001, but it does appear that after eight years and a recent 21-month rally that the bull will need to rest and recover strength. Gold and Silver: There's Bad News and Good News! By Peter Degraaf July 7, 2010 This trend is bad news for people on fixed incomes and those holding fixed rate investments. It is good news for people who own pure gold and pure silver. Bears Should Beware By Toby Connor July 2, 2010 I'm going to go through some signs that rabid bears might do well to pay attention to because I think the market is very close to a major bottom. (That doesn't mean we are guaranteed to make new highs, although we might. Just that we can probably expect an explosive rally soon, even if it ultimately turns out to be a counter trend rally in an ongoing bear market). Market Meltdown and Metal Missiles By Chris Vermeulen June 30, 2010 What a nutty week for the equities market! The bleeding has not led up with almost two weeks of straight selling. There has been nothing but negative news for the past month and its not looking like there is much light at the end of the tunnel for a long time still. The only places which people feel some safety is in gold and silver. Is Gold About to Peak and Nobody Knows It? By David A. Banister June 28, 2010 Gold has risen from $681 to $1265 so far, with potential to run to $1300 an ounce on this final leg up. It stands to reason, as with any bull market, that the bull gets tired and at some point has to hibernate. GLD, GDX and SLV - Does November 2009 Repeat in July 2010? By John Townsend June 25, 2010 The current setup for GLD is practically identical to that which existed in November 2009. Not only can we say that of the price movement, but also the movement of the True Strength Index (TSI) indicator below price. Gold Bubble? What Bubble? By Toby Connor June 20, 2010 We continue to hear pundits describe gold as a bubble. Certainly it will turn into a bubble before this is all over but we are hardly in the bubble stage yet. Owning Gold and Silver By Vincenzo Desroches June 18, 2010 With the price of gold and silver going up at such an alarming rate every investor seems to want a piece of the action. With the economy not doing so well, and unemployment remaining high, many feel gold silver and other precious metals are the best investment. A Gold Trade for This Week By Sean E. Blair June 10, 2010 August gold is leaving little "technical" gaps all over the place. Classical technical analysis suggests that gaps on a chart will be filled. I will not worry about the gap on the downside being filled and instead, focus on the upside. Finding Gold and SP500 Low Risk Setups By Chris Vermeulen June 2, 2010 Trading against the masses can be very profitable during certain situations but more times than not it's a great way to lose money which is why I focus on taking the opposite side of these moves. Gold and Silver Progress Report By by Peter Degraaf May 31, 2010 More and more people worldwide are becoming aware of the fact that 'all is not well' with the financial system. Fraud and corruption are evident in government and the banking industry. Gold will be seen as a beacon of safety. Trend Trading Gold and Silver By Chris Vermeulen May 31, 2010 There are equal arguments for saying the market has bottomed with all the panic selling and that we should start another large rally lasting 8-12 months ... or one could argue this is capitulation volume signaling massive distribution of shares and now every rally/bounce will be sold. The Gold and Silver Correction By Chris Vermeulen May 27, 2010 Volatility levels are through the roof and the broad market is moving up and down like a yoyo. Metals have held strong with very little volatility because of the economic fears of a possible financial collapse looming for the US and other countries. How Are Gold and Silver Shaping Up? By Bob Kirtley May 27, 2010 These are volatile times with the financial markets in turmoil as what were perceived to be sound and secure governments now toil under the strain of their own excesses. The borrow and spend philosophies are coming back like a bad penny, to haunt not just those who caused this mess but also for the rest of us who are expected to clear it up. Focus on What Matters By Toby Connor May 20, 2010 I seriously doubt the world will ever see sub $850 gold again. Just like we've never seen sub $250 gold after the breakout in the 70s. So anyone forecasting $700 gold just doesn't understand how bull markets work. Gold and the US Dollar By Chris Vermeulen May 19, 2010 I feel gold and the dollar will bounce in the coming days from their support levels. Once the dollar forms a possible right shoulder, we will most likely see them pop and rally. Where Next for Gold? By Sam Kirtley May 18, 2010 We are in uncharted waters. Volatility should be expected and in large doses. Short term, gold could drop back to $1185. Ideally, however, we would like prices to consolidate at these current levels so that $1225 will become a support level and a base for the next move up. Gold and Silver Trading By Chris Vermeulen May 18, 2010 The market is trading on increased volatility making it difficult to find low risk setups. At the moment we are long gold and short the SP500 with both position deep in the money. Are Precious Metals Going Parabolic? By Chris Vermeulen May 12, 2010 It's been an exciting couple weeks in the market with gold now making new all time highs as money floods into this shiny safe haven but the big question is when should some money be taken off the table to lock in gains and lower your overall risk during these crazy times? Brother, Can You Spare a Trillion? By Bill Downey May 10, 2010 Should gold rally hard from here it will be a major signal that the government has failed. Will this action be enough to end the spring rally in gold and cause a seasonal pullback into the July timeframe? We just don't know yet. Broad Market and Gold Projections By David A. Banister May 10, 2010 I'm looking again for the SPY to work its way down to 94-97 and probably over 4-5 months from mid April. My projections are for a bottom on or around September 15th, plus minus a few days. Gold and Silver Trading Strategy By Chris Vermeulen May 10, 2010 Last week's stock market blip/mini crash was very emotional for those of you watching or trading it live. A lot of money changed hands last week and you either lost a bundle or made a bundle. Optimizing Your Gold Investment Vehicle By Sam Kirtley May 10, 2010 The key aspects that we as investors and traders look for are the vehicles relationship and correlation with gold prices and how much that correlation is or isn't leveraged to the gold price. More leverage is not always the objective of an investor. Gold and Silver -- Big Moves Ahead! By Peter Degraaf April 23, 2010 Since the end of January, the US dollar has lost its influence over gold. This indicates fundamental strength in gold. As recently as December 2009, a rise in the US dollar caused gold to drop sharply. Gold and Silver Mid-Week Update By Chris Vermeulen April 21, 2010 I think the market is ready to finally take a breather. What I am looking for another sell off which will break the low for gold and silver last week. Precious Metals Trend Trading By Chris Vermeulen April 18, 2010 Last week was exciting with broad market and gold forming an intraday reversal pattern after a long overbought rally, then broke down though short term key support levels. While this move lower was tough on the pocket book for those who chased the market up the past few days and/or were not moving their protective stops up, this move is good for the health of the market. How to be Disciplined Trading Gold with Cycles Analysis By Chris Vermeulen April 11, 2010 Trading can be a lot of fun and profitable or a nightmare and very costly. It really just comes down to understanding the key areas, which will make or break your trading. ETF Trading Setups for Gold and Silver By Chris Vermeulen April 7, 2010 This week has been playing out as expected with prices grinding their way higher and lots of sharp intraday sell-offs and rallies which is indicative of a market getting toppy. Seems like the masses feel as though they are getting left behind which is why we are starting to see the panic buying in the market (new money buying at these lofty overbought prices). There is a Way to Beat JP Morgan at Their Game By Peter Degraaf April 6, 2010 The revelation at last week's CFTC meeting -- that JP Morgan was the prime instigator behind the repeated takedowns of the price of gold and silver -- came as no surprise to those of us who study the markets on a regular basis. Unless and until the CFTC and Congress stop JPM from their price fixing the practice will likely continue. Gold Chart Unfolds By Chris Vermeulen April 4, 2010 The market is in the same situation as we saw going into the January earning season. I do not think we will have a huge pullback but I think a 3-5% correction is likely in the coming days or week. Gold Trading in a Congestion Zone By Chris Vermeulen March 28, 2010 The stock market is over-bought and about to roll over. I do not chase prices higher simply because down side risk increased when buying into a over extended rally. I feel gold and silver will move together and at this time I don't like their charts for trading. JP Morgan Silver Price Manipulations Exposed By GATA (Gold Anti-Trust Action Committee) March 25, 2010 GATA has just broken a major story, in which a London metals trader-slash-whistleblower exposes JP Morgan's silver price suppression/manipulation scheme. Weekly Gold and Silver Analysis By Chris Vermeulen March 21, 2010 The overall market is trading at level were there is not much to we can do. Day traders are able to take advantage of this price action but not swing traders. The market is on the edge of some exciting moves as I can feel something brewing. With any luck there could be some great opportunities in the coming days. What's Next for Precious Metals and the US Dollar By Chris Vermeulen March 15, 2010 It is very important to wait for the market to confirm a move higher before taking a position with this type of setup. The market could go either way quickly and jumping the gun is not a safe bet. Gold and Silver Mid-Week Trading Charts By Chris Vermeulen March 11, 2010 Stocks and indexes are trading at resistance levels with many of them making new highs. A lot of things are trading in limbo waiting to see what the US dollar is going to do. Weekend Gold and Silver Charts By Chris Vermeulen February 28, 2010 Overall, last week started on a negative note but ended strong after forming a reversal pattern. It looks as though stocks and commodities have formed an ABC retrace pattern and are now ready to move higher. Market Rallies Getting Weaker and Weaker By David A. Banister February 27, 2010 The bulls have less and less power and volume and money, pushing the market higher. This last market rally has been the weakest in months. The Dollar and Gold: What's Next? By Chris Vermeulen February 23, 2010 Last week was strong with stocks and commodities moving up sharply. As nice as it was to see a rally, I still have my doubts whether this move has legs behind it. The 13-Year Gold Bull Has Much More Room to Run By David A. Banister February 18, 2010 What many market pundits do not understand about gold and it's ascent since 2001 is that gold is real money. Since most world currencies are nothing more than "burning matches" in a debt ridden world. Stock Market Trends for Indexes and Precious Metals By Chris Vermeulen February 18, 2010 The market did top in January and has formed an ABC retrace (3 wave correction). The question everyone wants to know is, is this market topping out or just a bull market correction? A Cyclical Bear Should Not Be Feared If You Trade It Correctly! By David A. Banister February 10, 2010 The trend is your friend as they say on Wall Street, but the key is identifying the trend before everyone else rushes into the trade. Have Metals and Stocks Bottomed Yet? By Chris Vermeulen February 10, 2010 Everyone is wondering if gold, silver and the indexes have bottomed after last week's heavy selling. To put things into perspective there were over 30 sell orders for every 1 buy order at the NYSE. How to Trade IntraDay Gold and SP500 By Chris Vermeulen February 8, 2010 Intraday trading is one of the most over looked yet most profitable trading strategies, in my opinion. One of the reasons I like/love it so much is the fact that it provides high probability setups on a weekly basis and trades generally last 2 to 36 hours. [This article will open in a new browser window.] Where Will Gold Bottom in this Corrective Cycle? By David A. Banister February 4, 2010 This correction so far in gold is normal in a bull market and is intended to knock everyone off the back of the bull. The bull likes to make sure as few people as possible are along for the ride. Higher Highs Coming in Gold By Peter Degraaf February 2, 2010 Because of very bullish fundamentals and because of the length of this pullback in terms of the number of days, and because the bears can only control price for so long, we are much closer to a bottom than we are to a top. Are Precious Metals Melting or Firming Up? By Chris Vermeulen January 31, 2010 The past two months have been tough on the precious metals sector. We saw precious metals lead the market higher all of last year until December 2009 when prices plummeted as the US Dollar started to bounce. Gold and Silver Mid-Week Charts By Chris Vermeulen January 28, 2010 Precious metals look oversold and ready for a small bounce or sideways move; I do think they will head lower. Too many traders are still holding on to their gold positions and until a large number of them get scared out of their positions, we will not see gold rocket higher. Are Precious Metals Dead? By Chris Vermeulen January 24, 2010 It was a heart pounding week on Wall Street as traders and investors locked in profits during 2010's first round of earnings season. While it is normal to see selling of shares after good news hits the market, last weeks melt down was over exaggerated and for good reasons. "Weak"end Report By Chris Vermeulen January 22, 2010 It's been a crazy week as the gold market moved up and down like a yoyo, finally closing down sharply on the week. In short, the market was turned upside down. Buy Gold in Late Summer By John Winston January 18, 2010 A lot of investment focus for outlook 2010 is geared toward inflation based assets like gold. What a change from the turn of the last decade when the rage was totally based on paper assets such as stocks, bonds and yes folks, even the US dollar. How to Trade Gold and Silver ETFs By Chris Vermeulen January 18, 2010 Whether you are trading stocks, ETFs, or futures -- technical analysis is the preferred choice for short-term traders. Using technical analysis in my opinion really opens the door for a trader to lower his/her overall risk when investing money. Silver and Gold are Trading at Pivot Points By Chris Vermeulen January 14, 2010 There are not too many exciting things in the market right now. We continue to watch stocks and commodities work through their patterns and cycles as we just jump in and out of the market when the timing is right. Silver Futures Reversal: Can the 2008 Highs Be Taken Out? By Donald W. Pendergast Jr. January 12, 2010 Silver bulls have been rewarded for their patience during the recent sell off with a very strong bullish weekly reversal bar, one that also forms one end of a very nice up-trend line. Market Meltdowns, Inflation, Protecting Capital & Trading Commodities By Chris Vermeulen January 11, 2010 The purpose in owning commodities like gold and silver is to protect oneself from the effect of inflation that I believe will begin to assert itself in the coming months. One More Nail in the Coffin of the Gold Bears By Peter Degraaf January 8, 2010 The bears will try to hold gold down below $1145 but they are expected to fail after a while. As long as gold stays above the rising 200-week moving average, the increase is 18% per year. That's better than money in the bank -- much better! Gold Stocks and the Market Forecast for 2010 By David A. Banister January 7, 2010 The 5th wave is tough to predict because they can be extension waves or they can be truncated and short. This means you want to keep riding the bull for now and focus on the best sectors and stocks within those sectors. Trends for Gold and the US Dollar By Chris Vermeulen January 6, 2010 This is the first week of the year with light volume as traders get back in the groove and wait for the first big economic news of 2010 to hit the wires. No many of us want to stick our necks out just yet. Gold: Is a Minor Rebound Due? By Donald W. Pendergast Jr. January 3, 2010 Although December's heavy sell-off in the gold and silver market confirmed a significant set of monthly and weekly cycle highs ... there now appears to be plenty of credible technical evidence to suggest that gold may be ready to mount a minor rebound rally back up toward the $1,125 to $1,135 price zone. Home | Products and Prices | Buying | Selling | FAQ | Articles | Forms | Top Website © Copyright J&M Coin & Jewellery Ltd. 2010. All rights reserved. Pricing index programming and site hosting by Sandrix Technologies Ltd. (AXD)