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If you’re trading or investing in gold, I’d recommend checking out this free video piece from INO.com: Is gold the last store of value? The video was shot Friday afternoon, and some of the predictions have already come to fruition – namely that gold would quickly retrace 50-62% of it’s previous move (which Dennis Gartman […]
Here’s a very funny video for your Friday. You gold/silver bulls will especially enjoy the banter.
Looks like gold may have kicked that nasty downtrend… (And phew – this rally could save my marriage!)
There is a conspiracy theory that 8 large traders, in large part, control and manipulate much of the gold and silver markets. The tale goes that these traders aim to keep gold/silver prices low by manipulating the market with their massive short positions. I never really bought into this theory – until yesterday. With the […]
Cattle’s looking good – I’m keeping an eye on the Feeder market also. Wish I still had all my Live Cattle contracts, but oh well – looking to add on a new breakout. Pork bellies are not looking good – same article linked above mentions too much supply on the market. Quite a breakout by […]
Naturally, you’d expect a guy who runs a site called GoldMoney to be bullish on the yellow relic. But James Turk is a sharp guy and his latest commentary is worth reading. Bottom line is that the bull market in gold cannot be over, because nothing has changed fundamentally.
From Marketwatch: Dennis Gartman, editor of daily financial trading commentary The Gartman Letter, said Monday that he’s abandoning his long-held bullish outlook on gold. Gartman said that “good bull markets” don’t fall in the way that gold and other metals fell on Friday, when the precious metal tumbled $27.70. Gold “has broken this well-defined bullish […]
With Gold continuing to push higher, now north of $900, here is some commentary from GoldMoney’s James Turk. In short, he argues that we are now in unchartered waters, so all bets are off and they sky’s the limit.
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