Tag: GLD

Gold Dropped Below 1280 & Appears To Be Staying There

| April 25, 2019 | 0 Comments
Gold Dropped Below 1280 & Appears To Be Staying There

International gold prices dropped below 1280 on April 16. We’ve been pointing at the 1285/1280 price area as important support for a long time, as history shows it is significant time and again. This is the 1-year chart of GLD, with the red line indicating the GLD equivalent of the 1280/1285 price. You can see […]

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3 Gold Stocks Percolating Right Now

| February 26, 2019 | 0 Comments
3 Gold Stocks Percolating Right Now

Time to buy gold stocks as the metal hits multi-month highs? The yellow metal has been on fire, with gold hitting multi-month highs and threatening to run to new 52-week highs should its recent momentum continue. As such, gold stocks have been on the move as well, pushing higher as its underlying product gains in […]

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Has The Gold Bull Run Already Started?

| January 17, 2019 | 0 Comments
Has The Gold Bull Run Already Started?

Seems like every day brings an article by another analyst asking if the next gold bull run has already started.  Or is about to…  Your friendly Gold Enthusiast believes it has, but as with the start of all bull markets, one needs to be careful. As the old traders say, everything is timing. Put all your money in […]

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Gold News: GLD Has A Million-Share Minute

| May 8, 2018 | 0 Comments
Gold News: GLD Has A Million-Share Minute

In case you were sleeping Friday, or out enjoying some sunshine, the biggest single trade in GLD history crossed the wires at 1:22 PM.  For market watchers, seeing this gold news in real time was an interesting experience. A normal sleepy Friday trading in the gold world, then all of a sudden a huge volume spike, followed […]

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Perfect Time To Buy Gold?

| April 10, 2018 | 0 Comments
Perfect Time To Buy Gold?

Should you be buying gold (GLD) right now? With all this crazy market volatility, is it a good idea? If you look at the monthly chart of gold, it’s about to complete an inverted head and shoulders pattern. And if it does, we should see prices trend higher. What’s interesting about a break higher in […]

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Gold’s Day In The Sun?

Gold’s Day In The Sun?

I usually warn against reading too much into the financial media’s (backward-looking) explanation of a market move that just happened. But it really does seem that everyone’s suddenly worried about interest rates moving too high, too quickly. We all knew rates had to go higher. The Fed drove them to the floor, kept them pinned there […]

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Gold Prices: Are Big Sales A Sign Of Manipulation?

| January 30, 2018 | 0 Comments
Gold Prices: Are Big Sales A Sign Of Manipulation?

Gold prices tumbled Friday following some large sales starting at noon.  Periodically you’ll hear people questioning if the gold market is manipulated; the answer can be almost anything you want.  In this case, this Gold Enthusiast smells a bit of a rat.  At the time the US Dollar was flat, which fundamentally means gold price should […]

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10 Stocks That Will Beat The Market In 2016

| May 26, 2016 | 0 Comments
10 Stocks That Will Beat The Market In 2016

Ever think you could build a portfolio that can outperform the market? Many analysts point to the fact that the majority of hedge funds underperform the S&P 500 SPDR ETF (NYSE:SPY), stating that you’re better off just holding the SPY than you are attempting to build a portfolio that beats the market. However, the fact […]

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