Euro and Yen Make Up 71.2% Of Dollar Index Which Is Why I Am Dollar Bullish

Posted by on Jan 24, 2012 in Economy | Comments Off

How many times do you hear someone who sells gold and silver be dollar bullish? Probably not very often. But when you look at what the Dollar Index represents, a basket of other currencies, it’s quite easy to be dollar bullish right now. This doesn’t mean that the dollar is any stronger as far as it’s purchasing power mind you. It just means that it will be stronger versus the...

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I’m Calling a Top On Gold and Silver Trades

Posted by on Sep 29, 2010 in Gold | 0 comments

Gold reached a high today of $1314.10 and is presently has an ask price of $1310.40. The HUI is at 512.56, down $1.00. Below is the data as of the writing of this article. Everyone who is a gold bug is screaming “Gold on FIRE!” like a recent email I received from Weiss Research, Inc. Or if you follow Lew Rockwell’s site, you see almost every other week an article promoting Jim...

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Does the HUI Index Lead Gold? If So, Gold Could Fall

Posted by on Aug 13, 2010 in Gold | 0 comments

When an investor buys stocks, they do so in anticipation of the underlying company or asset performing well into the future, thus allowing the investor to make a profit on the dollars allocated to it. Stocks are supposed to be a leading indicator of how well a company will do. In deciding on whether to buy a stock, there are many things to consider including management of the company, sales,...

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Buy Gold Now or Wait? What Will Gold Do Next?

Posted by on May 12, 2010 in Gold | 8 comments

As the price of gold moved to it’s all-time high yesterday, people are wondering if now is the time to finally buy gold.  To answer this question, one must understand what phase gold is in.  In this article I’ll give my thoughts on what I think will occur next with gold. The U.S. Dollar Is Key But Other World Currencies Are Influencing the Price of Gold Imagine you’re in...

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Money Magazine and a CFA Criticize Gold With Flawed Analysis

Posted by on Jan 23, 2010 in Gold | 0 comments

Money Magazine joined the ranks of gold critics recently when journalist Stephen Gandel wrote an article “Coming Down With Gold Fever.” Also recently, a CFA wrote an article for Investopedia “5 Reasons Gold Is The Next Bubble To Burst.” As is typical of those who try and criticize gold as a necessary ingredient of a well diversified portfolio, they use flawed analysis in...

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