---
title: "PM’s to the Front of the Line"
url: https://independentstockanalysis.com/pms-to-the-front-of-the-line/
description: "Since inception, Independent Stock Analysis has closely monitored the precious metal markets. The bottoming out of the sector and recent breakout calls…"
published: 2012-09-01
updated: 2012-09-01
---

# PM’s to the Front of the Line

Published 2012-09-01

Posted on

by

J.J. Butler

Since inception, *Independent Stock Analysis* has closely monitored the precious metal markets. The bottoming out of the sector and recent breakout calls have been noted. **Until China re-accelerates, which is not expected soon, consider the idea gold and especially silver will lead the commodity complex**. Feel like you missed the move? It’s very early following a long consolidation according to Peter Schiff ([video](http://www.youtube.com/watch?v=XC-XZJK0qD0)).

Commentators seem focused on the Fed, including Bill Gross at [CNBC](http://www.cnbc.com/id/48860383). Perhaps the next big prints come from the ECB ([Reuters](http://in.reuters.com/article/2012/08/31/eurozone-ecb-idINL6E8JV73120120831)) or [Great Britain](http://danieljmitchell.wordpress.com/2012/08/31/a-miserable-and-hopeless-fiscal-outlook-for-the-united-kingdom/?utm_source=twitterfeed&utm_medium=twitter).

QE3 and the looming currency war: An unstable situation could worsen at [Marketwatch](http://www.marketwatch.com/story/qe3-and-the-looming-currency-war-2012-08-29-11103146?dist=countdown). Currency wars are the stuff of speculative mania’s…

The Gold Standard Goes Mainstream: “In the ferment within today’s Republican Party, there’s a growing realization that America’s system of fiat money is part of the economic problem.” [WSJ](http://online.wsj.com/article/SB10000872396390444914904577619383218788846.html) In-depth with Jim Grant at [Bloomberg](http://www.bloomberg.com/video/james-grant-on-markets-fed-policy-gold-standard-fJFcrowzQrCEZbOSat3IfQ.html).

Scott Wright takes a look at the GDX ([Zeal](http://www.zealllc.com/2012/gsetfris.htm)). I, JJ Butler, briefly considered SLW ([SA](http://seekingalpha.com/article/838791-silver-wheaton-premier-precious-metals-play)).

Key levels to watch at [King World News](http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/30_The_Decisive_Key_Now_To_Gold,_Silver_%26_Global_Stock_Markets.html).

Commentary and charts on yesterday’s gold and silver moves: [Gold Tent](http://rss.goldtent.com/?p=256283).