Back in 2002 Gold was a hated asset. No one wanted it. Even though the tech wreck and dot-com bubble had burst no one wanted Gold. As I’ve said many times Gold is a crisis hedge more than an inflation hedge. And it is a good barometer for the fear of financial catastrophe. Contrarian newsletter […]
Trading the GDX Fibonacci Butterfly
July 13, 2011 by Leave a Comment
There is a great deal of interest in trading Gold these days. And many different ways to do it. One method is using the Market Vectors Gold Miners ETF, symbol $GDX. Of course once you decide on the medium you still need a method of determining entry and exit points. In today’s article JW Jones […]
Gold Elliott Wave- How Long and How High?
November 11, 2010 by 2 Comments
In today’s editorial, David Banister takes a look at Gold and where it could be going. He provides an excellent possible scenario that matches with my views and experience exactly. He is projecting a rally to the $1500 range with a pull back from there and a major take-off for the final wave to the […]
Beginner’s Guide To Understanding Market Charts
October 9, 2010 by Leave a Comment
You don’t need computerized technical analysis to understand market trends Being able to “read” a market chart is a rare skill even among professionals. Most investors focus on “the fundamentals”: Things like unemployment numbers, earnings, Fed statements, etc. But just like a picture is worth a thousand words, a chart can tell you a lot […]
