Przemyslaw Radomski: The recent precipitous plunge in precious metals was one of the biggest sell-offs in recent memory. The gold “Flash Crash” even prompted a serious newspaper such as the Financial Times to run a headline stating “Flash Crash Rouses Suspicions of Witchcraft.” Read more…
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Toby Connor: It seems like most analysts, and gold (NYSEARCA:GLD) bugs are now assuming that the reversal on December 29 marked the bottom of golds D-Wave decline. It’s certainly possible that we saw a bottom two weeks ago but it’s still too early to make that assumption. Gold Read more…
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Przemyslaw Radomski: If you’re looking for a post-Christmas read, take a look at a book called “The Great Stagnation” by Tyler Cowen of George Mason University whose theme is laid out in its subtitle: “How America ate all the low-hanging fruit of modern history, got sick and will (eventually) feel better.” Read more…
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Sean Brodrick: I’ve told you before that gold is showing relative strength to other commodities, and I expect it will lead the next rally. Are we seeing gold bottom right now? And if so, how should Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:IAU, NYSE:SGOL
“Around two months ago I advised my partners to look for gold to drop to the 1040-1070 area in U.S. dollars. This followed my projection in early August of a gold rally from 900 to 1250 Read more…
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