Physical demand for gold and silver is strong as investors seek protection of wealth against uncertainty in the Middle East. It has already been reported that Col. Qaddafi has been a wise gold
It’s very difficult for a trader to stick to a plan and not let news events dictate decisions. But every once in awhile there are news items that come along and attempt to trip investors up, forcing some
At some point in any bull the market finally “catches on”. That recognition phase shows up as an explosive expansion in volume on the weekly charts.
As the Federal Reserve continues to maintain its short-term nominal interest rate target near or at zero and political and social unrest continue to spread in North Africa and the Middle East, the
The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run!
Political and social unrest in the Middle East was the most discussed topic during the week. Restlessness and riots could inflate food prices in the region and worsen the economic balance
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold
Financial history teaches that market prices are not just subject to cyclical fluctuations — mainly following the business cycle. They are also liable to much longer lasting secular trends, often
I’ve noted in the nightly updates that gold is now deep in the timing band for a daily cycle low. My best guess is gold should tag the 38% Fibonacci retracement before bouncing out of that short term
In our previous free essay we’ve mentioned that mining stocks are at a particularly important crossroad, and whichever they decide to move is likely to determine the way for the underlying
It’s still too soon to jump back into the precious metals sector. Gold is now due for a yearly cycle correction. A correction of that degree should take gold down to $1300 or lower. Maybe even as
I was chatting on the phone earlier this weekend with one of my readers about the shocking drop in the price of gold earlier this past week. We agreed that the mini-crash seemed to be the result of a
Let’s face it almost every trader or investor dreads a draw down. Traders do everything they can to avoid them, even if it means they drastically reduce their ultimate gains.
History has been peppered with financial bubbles and we’ll get to that, but first, is gold in a bubble? So far it’s been the amazing, runaway investment of the past decade. If you’d put your money into
Monday morning I was greeted via my inbox with a Bloomberg report on Gold. Bloomberg has a series called “The Dark Side of Gold.” Its important to note this isn’t the first time the news