I am relishing the fact that gold and gold stocks are ‘correcting’ as profit taking takes hold and many private placements become free trading – resulting in price drops on some great stocks. As an investor, you have to be screaming with joy….
Overview Technical systems are calling for continued weakness in Gold and strength in the USD. Technical analysis being what it is, that is correct until it no longer is. What matters is the risk/reward scenarios presented by such analysis. As Statistical traders and….
Today we have to contemplate whether consumer confidence, that is the public’s “attitude” toward cutting loose and stoking the fires of higher spending, is an idea or a reality. After all, broad consumer spending is based on higher employment levels, higher wages, and….
As I’ve been warning for some time, the silver spot price was due to correct. And that’s playing out this week. Recent silver spot price action has dragged the precious metal below its narrow consolidation range and below its 50-day moving average. That….
Gold and wealth is often viewed hand in hand, with gold no longer being a modern measure of wealth alone, many people still believe that buying gold is only an activity for the rich, the reality is nothing could be farther from the….
The price of gold was down about fifteen Federal Reserve Notes this week. The price of silver was down sixty-two copper-plated zinc pennies. Is the Federal Reserve Note a suitable instrument with which to measure gold? Can one really use debased pennies—which aren’t….