---
title: "Gold Breakout"
url: https://independentstockanalysis.com/gold-breakout/
description: "This spring and summer ISA monitored the gold stock double bottom. For the last six we have been noting and waiting for a gold breakout. It happened this…"
published: 2012-08-25
updated: 2012-08-25
---

# Gold Breakout

Published 2012-08-25

Posted on

by

J.J. Butler

This spring and summer *ISA* monitored the gold stock double bottom. For the last six we have been noting and waiting for a gold breakout. It happened this week. Gold, Silver ETFs Screaming Buys: Asset Managers at [IBD](http://news.investors.com/article/623305/201208231807/gold-silver-etfs-weak-dollar.htm).

Gold future traders examined at [Zeal](http://www.zealllc.com/2012/congfut.htm). Gold gets some press at [Bloomberg](http://www.bloomberg.com/news/2012-08-23/gold-bulls-strongest-in-nine-months-as-hoard-builds-commodities.html) and [WSJ](http://online.wsj.com/article/SB10000872396390444082904577605731810544636.html). Negative real interest rate policy thoughts by [Eric Sprott](http://www.sprott.com/markets-at-a-glance/nirp-the-financial-system%92s-death-knell/).

The big news yesterday was one political party forming a ‘gold commission’. Be assured they are as serious about a gold standard as the other party is about bring troops home. But it is still quite gold positive ([CNBC](http://www.cnbc.com/id/48770752)). The 10 Countries With The Biggest Gold Reserves In The World at [Business Insider](http://www.businessinsider.com/gold-reserves-by-country-2012-8?op=1).

Excellent analysis of gold vs stocks: [Gold Seek](http://news.goldseek.com/GoldSeek/1345817340.php). The gold bull market against stocks may be about half over in an unclear [chart](http://libertyblitzkrieg.com/2012/08/23/the-most-important-chart-in-the-world/dowgoldlongchart/). The two year [chart](http://libertyblitzkrieg.com/2012/08/23/the-most-important-chart-in-the-world/dowgold2yr/) shows the long consolidation.

An outstanding piece on silver: [Herbert Moolman](http://hubertmoolman.wordpress.com/2012/08/22/silver-price-forecast-silver-premium-update-6-august-2012/).

When you hear the politicians debating 10 year budgets, remember they know nothing. The 10 year budget from 2002 was off in debt held by the public as 2 is to 11. In trillions. ([Bruce Krasting](http://brucekrasting.com/wp-content/uploads/2012/08/cbo.png)) And yes, that is fundamental to the gold bull thesis.

Not gold related: *Independent Stock Analysis* is number one in industrial goods at [Stocktwits](http://stocktwits.com/signals/people), straight across from some guy named Jim Cramer.

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