Elliot Wave Theory can add a lot to your trading and provide helpful hints that can mitigate your greed on the upside and calm your panic selling to the downside. Both of these concepts are something that all serious traders need to learn if they want to make money trading stocks and commodities. Hopefully this [...]
Before we get into Fibonacci numbers and how they are useful in determining the moves of stocks, I want to comment briefly on the Fed’s latest statement on the possibility of QE3 (Quantitative Easing). This week, they stated that the QE spigot has been turned off and not likely to open up in the future. [...]
Picking undervalued gold and silver stocks is not a difficult process that requires magical powers. (For the sake of this discussion, I am including silver anytime I mention gold.) There are many tools that are available to us that can make the whole process relatively simple. Once you get that “gut” feeling that you are [...]
The World Gold Council data showed Chinese gold consumption totaled 207.4 tons in 2003. It had more than doubled to 457.7 tons by 2009. The most recent report shows gold imports from Hong Kong tripled in 2011. Since China does not report their gold trade figures until long after they become statistics, the Hong Kong [...]
This Christmas we are being handed the silver Christmas present. Silver below $30 per ounce produces one of the best opportunities to enter the market in both physical silver and in the silver stocks that we have seen in some time. We should not look this gift horse in the mouth, because in a very [...]
When your country is run by “a community organizer,” who idolizes Hugo Chavez and is doing everything in his power to destabilize the Middle East while running up his own country’s debt at the fastest pace in history, it would be wise for you to learn how to hide your gold from an oppressive government. [...]
Everything was moving along in the right direction for gold as it was slowly becoming recognized as money that could not be printed, in other words, a real store of value amidst the turmoil of the world financial markets. Then, with very little warning, if you were not paying close attention to the charts and [...]
Well, I have talked about the volatility of the gold market that would surface as the fiat currencies weakened and gold’s rising curve steepened. Do you think that we have seen some of that volatility in the last couple of weeks, or are we witnessing the gold crash of 2011? I will say yes to [...]
Monday should be a really interesting day for the general equities markets and gold for that matter as we wait and see what the results of the downgrade dust up will be. For the first time in its history, the U.S. has been downgraded from Triple A to Double A+ by Standard & Poor’s, which [...]
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