The Pragmatic Capitalist Paul Tudor Jones appears to have shifted from the bear market rally camp to the bull market camp. As of our last update he was firmly in the position that the market had rallied too much and was due for a downturn. Late last summer Tudor Jones stated his desire not to [...]
That is the big question on many traders’ minds as gold fell from a high around $1,070 to the lows seen earlier today. Click the chart to view the video. Free Mini Email Course, I will show and explain the tools and strategies you need to increase your success rate in the marketplace. (1) The [...]
The long term view of Gold shows that as $4 dollars is to corn, and $40 dollars is to gold, the chart above suggests that the $700 dollar area is most probably the PIVOT point for gold. We can see that although 1980 did have a spike to $875, the chart reveals that 700 (or [...]
Special Wells Fargo Report on Gold What is Gold Telling Us
We could start to see a shift between the price relationship between gold and the broad market. I pointed this out last week mentioning that gold and silver are starting to hold up in value while stocks sell off on big days. For example, Wednesday’s sell-off in equities did not have much effect on precious [...]
Courtesy of Jesse’s Café Américain Starting in 1989, the world’s Central Banks became steady net sellers of their gold reserves which had been accumulated over the years. In addition to official gold sales, the banks also began to engage in gold leasing contract with bullion banks such as J. P. Morgan, Goldman Sachs, et al. [...]
Lawrence Delevingne and Vincent Fernando of Business Insider Gold may be the hottest investment in the world right now. This yellow metal now commands more than $1,000 per ounce, and many folks are making wild predictions about how far it can run. Yet there are many ways to invest in gold and each has its [...]
By Nico Isaac When prices in a financial market go from Sea Level to Outer Space in a relatively brief time, two scenarios are at work — and they both start with the letters “B-U.” When a precious metal goes from being a popular long-term investment of buy-and-holders to the quick, get-away “vehicle” of day-traders, [...]
Gold stocks have performed well in the recent couple weeks. I figure we will see some sideways price action before another leg higher. The question is how far will this pullback go? As you can see there are two trend lines which make for solid support levels. I will be looking for a low risk [...]
Vincent Fernando of Business Insider Inflation protected treasury securities are priced as if gold prices have over-reacted to dollar fears. The bond market’s current expected U.S. 10-year inflation rate is only 1.99% based on the recent Treasury Inflation Protected Securities (TIPS) yield of 1.42% vs. the standard U.S. 10-year Treasury of 3.41%. The chart below [...]