We don’t hear much about gold and silver anymore on the news. This time last year you could not go 5 minutes without a TV or radio station talking about them. Why is this? Simple really, precious metals have been building a Stage 1 Basing Pattern for the last 12 months. This boring sideways trading [...]
Gold and Copper Rising Due to QE3 Hopes
August 27, 2012 by
There should be an inverse relationship between gold (NYSEARCA: GLD) and copper (NYSEARCA: JJC). Most of gold is used for investment purposes. As a result, it rises when there is economic weakness and investors lose confidence in the fiat currency of a country. Most of copper is used for industrial purposes. Therefore, the price of [...]
Chris Vermeulen of TheGoldandOilGuy.com Discusses the Potential Bull Flag for Gold Stocks and Key Pivot Points for the S&P 500 – Mike Swanson
June 26, 2012 by
I just did this podcast with Chris Vermeulen of www.thegoldandoilguy.com in which we discussed his outlook for the stock market and gold. In this interview Chris discussed a potential bull flag in gold stocks and key pivot points he is now watching for the broad market. [audio:wsw062612chrisv.mp3] You can get on Chris’s free list and [...]
Special Gold Report
Global Market Comments - Macro Millionaire Featured Trades by John Thomas What’s Up With Gold? Have you ever held a basketball underwater in a swimming pool and let go? It flies to the upside and pops you in the nose. That is exactly what gold is doing now. After the barbarous relic peaked at $1,922 on August [...]