GLD Gold ETF – Daily Chart The daily gold swing trading chart is really starting to look attractive for a buy signal. Depending on what the US dollar does in the coming days will set the tone for gold. We could see gold start to rally starting tomorrow or it will become volatile and start [...]
If gold ends up rocketing higher as bulls expect, it could turn John Paulson into one of the richest men in the entire world, if not the richest. This is because much of the world’s wealthy lost money during the recent crisis and remain long the world economy, in contrast to Mr. Paulson. Money Morning: [...]
By Louis James, Senior Analyst/Editor, Casey’s International Speculator At a recent Casey Research editors’ meeting, the team took on the question of whether the somewhat steady recovery since last February’s washout bottom in the broader markets had any of us thinking that the recession might be over. The gathering of minds included: Doug Casey, Managing [...]
Gold Enjoys A 10% Bath Following Strong US Data And Weakness In Euro-Region Submitted By John Bougearel Of Structural Logic Gold Enjoys a 10% Bath
Joe Weisenthal of Money Game There are a lot of gold bulls out there who advocate playing the mining stocks, instead of the metal, arguing that through the miners you’re getting leverage. That may be true. But leverage works in reverse. In this case it works like this: one month of gold declines = six [...]
We are already in the “silly season” and what I mean by that is after December 15 most traders are not serious about the markets and they’re not committed to any large positions for the balance of the year. I’ve had a number requests to do a video on gold, so here it is. As [...]
By Jeff Clark, Editor, Casey’s Gold & Resource Report In the short term, a catastrophic deflation is quite possible. But in the long term, extremely high levels of inflation are now inevitable. The situation is very serious. Gold is the best hedge against both of these things. The better part of your financial assets should [...]
Scott Redler of T3Live.com We recently reentered the gold trade with an average price of $110.44 on the GLDs after having exited our year long position on 12/3. If GLD can get an hourly close above $111, I will add yet another tier–approximately $1,140 in the commodity itself. Take a look at the chart below [...]
Courtesy of The Pragmatic Capitalist Nouriel Roubini recently published a report claiming that gold is now in a bubble and at significant risk of a major correction (an opinion I had when gold was 10% higher and continue to maintain). He says the bubble is being driven by 5 primary factors: Inflation concerns are driving [...]
The Mess That Greenspan Made Shortly after the Market Vectors Junior Gold Miners ETF (NYSEArca:GDXJ) began trading almost exactly one month ago, the detailed data that Van Eck Global provides on a daily basis at their website was collected so as to prepare the chart below in order to get a better idea of how [...]