Zero Hedge The congressional candidate is the latest to chime in on perspectives of where gold is going. This ties in with our expectations that the Fed’s generous excess liquidity, coupled with a declining dollar, will likely see gold as the primary focus on new capital flows. If gold does really hit $5,000 expect a [...]
Courtesy of The Mad Hedge Fund Trader SPECIAL GOLD AND SILVER ISSUE Featured Trades: (GOLD), (ABX), (GLD) (KGC), (JAG), (RGLD), (SLV) 1) Of course you knew it was going to happen like this. After churning around just below the old high, and sucking in as many profit takers and short sellers as possible, gold blasted [...]
Peter Schiff on Yahoo Tech Ticker Unlike the “legitimate bull markets” of many foreign markets, Peter Schiff believes the U.S. is merely experiencing a “rally in a bear market,” and is lagging the rest of the world “for a reason.” The worst is not over, according to Euro Pacific Capital’s Schiff, who predicts the Dow [...]
By David Galland, Managing Director, Casey Research Inside sources have recently confirmed the Chinese government is actively promoting gold and silver investment to the masses. Some analysts now contend that China can no longer afford to let the gold or silver price slump. The rationale behind that contention is that with the Chinese government now [...]
Gold is back in the spot light as it flirts with the $1000 per ounce level. This closely watched commodity looks as thought it will rocket higher because of the multiple trading time frames indicating breakouts. I mainly focus is on trading the daily chart but I always refer back to the longer time frames [...]
I wanted to update everyone on the current Trade Triangle and GOLD situation…if you have any questions please feel free to head over to The Market Club Trader’s Blog and join in on the Gold chat. It is FREE.
Vitaliy: I was on BNN-TV, a Canadian version of CNBC, discussing my take on American Express – a good company but not a good (fairly valued at the most) stock (click here to watch). Gold just ran through a $1,000 mark. I’ve been getting emails asking me if my thoughts on gold have changed, they [...]
Joe Weisenthal of Business Insider With gold inching up once more, longtime fan Peter Schiff is brimming with confidence, still predicting doom and gloom from all the so-called money printing. On Fox Biz today, he said we’re at the start of a big bull, and that the metal would blast through $2,000 and $3,000 IN [...]
Courtesy of Vincent Fernando of Business Insider Gold rallied 2.2% against the British pound last week, which could be the beginning of bad news for the currency. The pound has been particularly strong year to date, as the only major currency to appreciate versus gold. This happened despite UK fundamentals looking worse than many of [...]
By Susan C. Walker AIG just made a BIG comeback: it announced its first profitable quarter after seven quarters of losses on Friday. (Let’s all light a CIGar and celebrate, since taxpayers helped bail it out to the tune of $180 billion.) So why shouldn’t the rest of us DIG into our pockets to show [...]