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What To Expect in the Final Week Of February for Precious Metals, Gold Stocks & Dollar
This morning we are seeing the US Dollar index move higher retesting a short term breakdown resistance level. What this means is that the dollar fell below support and is not slowing drifting back up to test the breakdown level. As we all know…
The Long-Term Fundamental Case for Gold
The Long-Term Fundamental Case for Gold
“No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment…
Two Short-Term Scenarios for the S&P 500 Index
For the first time since the last week of December of 2011, the S&P 500 Index closed lower on the weekly chart. Recently I have been discussing the overbought nature of stocks based on a variety of indicators. However, the real question…
Was Friday’s Price Action in Gold Signaling a Top in the S&P 500?
“You can't feel the heat until you hold your hand over the flame.
You have to cross the line just to remember where it lays.”
~ Rise Against. “Satellite” Lyrics ~
Friday morning traders and market participants awaited the…
Why Gold Is Shining Bright & What the Fed is Doing
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations…
Yellow Gold Looks Strong Again…
The stock markets had a very solid session. Most charts shot higher after Apple beat estimates Tuesday night surging over 10%. This set the tone for stocks Wednesday. Also the FOMC said they would keep interest rates low until mid 2014 and projected…
Gold Trend Forecast for 1st Quarter of 2012
Over the past five months gold has fallen sharply and is no longer headline news which it once dominated back in 2011 when it was making new highs every day. The shiny metal has been under pressure because traders and investors started to pull…
Five Best Trade Ideas for the Next Two Weeks
The last week of the year volume tends to be light due to the fact that big money traders are busy enjoying the holidays and waiting for their yearend bonuses.
I was not planning on doing much this week because of the low volume but after reviewing…