Gold trading today reminded me of a song growing up by Maxine Nightengale; Right Back Where We Started From. Many who are holding gold and silver at higher prices are wishing they got back to where they started from. Unfortunately before we get there, at least according to this analyst, we need to have one more washout. Why one more? …
Read MoreGold and silver are down in Asia after having a bounce on Friday. It was a tough week for the gold bulls as gold had its worst weekly fall in a month. Even though the fear index has moved higher, gold is not reacting the way it should as a safe haven overall. I can possibly attribute this to the …
Read MoreGold and Silver Current Thoughts 8-27-2015
From the Trading Desk The intense volatility and bearish outlook that characterized the beginning of the trading week has subsided a tad as the week has progressed. The Shanghai Composite Index managed to stage a 5.40% recovery overnight and the Dow Jones put in its second big up day. The Vix index has backed off the lofty 50 level and …
Read MoreGold and Silver Current Thoughts 8-26-2015
We finally got our answer on direction for gold and silver with the push higher in the dollar today, which was a good amount for a one day move, pushing past 95 on the Index. Sometimes it pays to be patient and see which side it will break to and at least for now we see gold down and dollar …
Read MoreGold and Silver Current Thoughts 8-25-2015
From the Trading Desk What a week so far… and it’s only Tuesday! The Shanghai Composite index started off the week down 8.50% and US equities followed suit with the Dow Jones having over 1,000 point range yesterday. The Vix index, a measure of volatility, exploded to trade all the way in the 50s, a level it hadn’t touched since …
Read MoreIf yesterday was a bloodbath, today was complete stomping on the corpse on whatever was left of the market. All one can do when they see the DOW down 1000 points in one day is say WOW! Overall it was a bad day for gold, silver, dollar, oil and the stock market. Here is the crazy part, and this happens …
Read MoreGold and Silver Current Thoughts 8-23-2015 – Sneak Peak at ETF Research Trading Service – 2 Week Free Trial
This is the 3rd day in a row for a sneak peak at the ETF Research Analysis Service we are offering. Many of you have signed up and some of you might be confused as to what it really is. In my next book I address the fact that investors need to take more control of their investments and not …
Read MoreGold and Silver Current Thoughts 8-20-2015 – Sneak Peak at ETF Research Trading Service
We are in the midst of a dead cat bounce in gold and silver. Why a dead cat bounce? The research I am doing for my next book shows we are in a deflationary credit contraction, the likes of which is still to hit us hard. The Federal Reserve knows this. CNBC mouthpieces don’t. Zerohedge writers don’t. But it is …
Read MoreGold and Silver Current Thoughts 8-19-2015 – Sneak Peak at ETF Research Trading Service
Today I am giving you another sneak peak at the ETF Research Analysis trading service we offer. If you would like to try a free trial of 2 weeks, you can do so here: https://buygoldandsilversafely.com/etf-research-trading-service/ ETF Research Trading Analysis for 8/19/2015 I don’t know if anyone has noticed this or not, but even with all the volatility we had this week, …
Read MoreGold and Silver Current Thoughts 8-18-2015
From the Trading Desk Chinese equities made headlines yet again overnight with the Shanghai composite index selling off by more than 6%. The commodity space as a whole was dragged lower and copper and crude made six year lows. Gold managed to hold on surprisingly well given the broader pain commodities were feeling. Gold was trending lower heading into the …
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