From the Desk of Ian Culley @IanCulley

Precious metals bulls have plenty to be excited about.

Major headwinds have abated as rallies cool in real yields and the...

From the Desk of Ian Culley @IanCulley

Investors love a good gold debate.

"Is it a commodity, or is it a currency?"

I’d argue it's both.

But, today, I want to focus on gold as a currency in light of a series of...

From the Desk of Ian Culley @IanCulley

Gold and silver are pushing higher after posting potential failed breakdowns earlier this month.

If the...

From the Desk of Ian Culley @IanCulley

Buyers drove home their precious metals stance for a second week.

Gold and silver posted wide-bodied bars, rocketing higher...

From the Desk of Ian Culley @IanCulley

One day of buying pressure doesn’t change the situation with precious metals. 

Gold bugs were out in full force Friday,...

From the Desk of Ian Culley @IanCulley

Precious metals no longer deserve the benefit of the doubt.

They no longer represent...

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...