http://www.nonstopgold.com Daily Gold News, Views and Analysis Sun, 14 Mar 2010 18:53:42 +0000 http://backend.userland.com/rss092 en Last weeks price action unfolded just as we expected. Money poured into stocks with the focus being on small cap, banks and technology stocks. The fact that these sectors are showing strength while utilities, health care and consumer staples lag is a good sign that ... http://www.nonstopgold.com/2010/03/technical-view-of-what%e2%80%99s-next-for-precious-metals-stocks-the-dollar/ Last week was an exciting one for intra-day traders who follow the spot gold and major stock indexes. Actually, since early November 2009 the market has been performing very well for us day traders. As we all know the market is consistently changing its price patterns and ... http://www.nonstopgold.com/2010/03/video-on-how-to-day-trade-spot-gold-the-indexes/ GLD Gold ETF – Daily Trading Chart The price of gold looks to be setup for a nice bounce off support and the timing could just work out if the US Dollar starts to drop over the next few days. There could be a low risk setup just around the corner. SLV ... http://www.nonstopgold.com/2010/03/mid-week-trading-charts/ By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report On February 24, Reuters reported that the Reserve Bank of India was “set to be a buyer” of the 191.3 tonnes (6.74 million ounces) of gold the IMF is selling. Although the bank wouldn’t comment directly on the possibility, they ... http://www.nonstopgold.com/2010/03/competition-for-the-imf%e2%80%99s-gold/ Gold Scents The rally out of the February intermediate and yearly cycle low has now traveled far enough and long enough that it is due to take a short breather. That breather would be in the form of a short term pullback into the midcycle low. The initial move out of the ... http://www.nonstopgold.com/2010/03/crucial-test-approaching/ Tim Iacono Reuters reports on comments made by China's top foreign exchange manager at the annual gathering of the National People’s Congress in Beijing on the subject of gold purchases. Yi Gang, head of the State Administration of Foreign Exchange, said that while gold was "not a bad asset," it would never ... http://www.nonstopgold.com/2010/03/china-on-gold-stating-the-obvious/ I can virtually guarantee that what I’m about to suggest isn’t on anybody’s radar screen. But before I share my prediction, a little background analysis is in order. There have been seven previous bull markets that were born in the depths of vicious bear markets similar to what we just ... http://www.nonstopgold.com/2010/03/on-the-brink-of-an-asset-explosion/ Courtesy of JESSE’S CAFÉ AMÉRICAIN If another author had said this I might not pay it so much attention. Lately some have been given over to a tabloid approach to overstatement and sensational headlines to attract attention. This is a strong temptation as the blogosphere expands, similar to the development and evolution ... http://www.nonstopgold.com/2010/03/are-traders-demanding-us-credit-default-swaps-payable-in-gold/ Joe Weisenthal of Money Game Peter McGuire of CWA re-emphasizes the fundamental reason to be bullish on gold: all global currencies are getting printed more and more. While he acknowledges that in the meantime the US dollar is looking strong, it only has one way to go in the longterm. And ... http://www.nonstopgold.com/2010/03/europe-is-not-out-of-its-crisis-gold-is-heading-to-1300-this-year/ By Jeff Clark, Casey’s Gold & Resource Report In a recent conversation with a fellow gold analyst, he was emphatic that the price one pays for physical gold should be ignored. “What’s far more important,” he insisted, “is how many ounces I own in relation to the total value of ... http://www.nonstopgold.com/2010/03/what%e2%80%99s-more-important-price-per-ounce-or-ounces-owned/