I had written a post saying Current Thought would be delayed till late this evening tonight, but didn’t hit “Publish.” Sorry about that. I did write one line to help with current thinking: Bottom line though for gold is we have not broke $1,100 and dollar has not broke below 97 on the index. Until that occurs, difficult to go …
Read MoreGold and Silver Current Thoughts 7-30-2015
From the Trading Desk The precious metals had an uninspiring trading day, taking some more time to consolidate this week after the last month’s plunge. Gold continues to find resistance and see steady offers around $1,100. This level has now more or less perfectly held for seven consecutive trading days. It is clearly the resistance level to watch while $1,070 …
Read MoreTheStreet.com Biased Against Low Priced Gold & Silver Coins
It looks like TheStreet.com’s Valerie Young came out with an article; “6 Gold and Silver Coins to Buy as Long-Term Investments — And Then Some” where she recommended Gold Proof sets for the Eagles and Buffalo’s along with Jacqueline Kennedy First Spouse Series Proof coins and expensive (although she calls it cheaper) 5 ounce silver coins and finally what she …
Read MoreGold and Silver Current Thoughts 7-29-2015
Gold is struggling to move past the $1,100 resistance. The interesting thing is the mining stocks are possibly leading gold higher and we should find out if we get a technical move past $1,100 pretty soon. Silver as we noted yesterday is acting a little stronger than gold right now. The dollar is above 97 on the index again and …
Read MoreGold and Silver Current Thoughts 7-28-2015
From the Trading Desk China has grabbed everyone’s attention this week with the Shanghai Composite equity index losing 8% on Sunday night. The equity market over there remains on tenuous ground and participants are wondering how long the government can keep the market afloat. It is interesting to note that equity weakness has not caused a safe haven flight to …
Read MoreGold and Silver Current Thoughts 7-27-2015
Today’s Current Thoughts is another free look at the ETF Research Analysis that we offer. Many of you have signed up already and have taken advantage of the great returns we have had the last 2 weeks, over 16% as outlined below. For those who are starting the 2 week free trial and reading this analysis, please read the Trading …
Read MoreFor those who are starting the 2 week free trial and reading this analysis, please read the Trading Rules to understand the color coding. Below is another free sneak peak at the trading service we are offering a two week trial period for. Please check it out and make some money instead of lurking. These calls are nothing short of …
Read MoreProviding a sneak peak at my ETF Research Trading Analysis. Compare it to the last few days where 2 out of the 3 days I gave a sneak peak as we have had some great trades. The only day I didn’t post it we got 34% out of JDST in one day and are still long, but with stops. For …
Read MoreGold and Silver Current Thoughts 7-22-2015
For those who are starting the 2 week free trial and reading this analysis, please read the Trading Rules to understand the color coding. Gold was down again today with silver. Tough going as the dollar went higher for a bounce. Below is the ETF Research Analysis I am offering a 2 week trial for and if you don’t like …
Read MoreMy latest article was just posted to Seeking Alpha: April Call To Wait And Buy Gold Below $1,000 Still In Effect http://seekingalpha.com/article/3344695-april-call-to-wait-and-buy-gold-below-1000-still-in-effect It was also Editor’s Pick http://seekingalpha.com/analysis/all/editors-picks From the Trading Desk In thin Asian trading conditions on Sunday night, gold plummeted $50 in a matter of two minutes. Over a million ounces traded on the electronic exchange in that time …
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