Tag: gold trading

Gold News: A Confused Swirl

| August 7, 2018 | 0 Comments
Gold News: A Confused Swirl

Following gold news these days is like living in a dust devil.  It appears and disappears, and when it appears, it’s swirling around with no consistency. Let’s start with prices.  Well, that story has been consistent lately – a slow downward trend.  At least that’s what it feels like as we bounce along just above […]

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Gold Miners: Something’s Wrong…

| October 22, 2014 | 0 Comments
Gold Miners:  Something’s Wrong…

After some gut churning swings last week, stocks are on the mend. Major averages are strongly higher this week as investors factor in earnings and a dovish outlook from global central banks. But one industry isn’t participating in the rally… Mining stocks. Despite the fact gold has rallied $60 an ounce since early October, miners […]

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War With Russia?

| April 4, 2014 | 0 Comments
War With Russia?

It’s been an ugly few weeks for gold… The yellow metal has dropped like a stone ever since it hit multi-month highs at $1,390 an ounce in mid-March.  What started the selloff? Investors ran for the exits just ahead of the last FOMC meeting.  That’s when Federal Reserve Chairwoman Janet Yellen announced the US central […]

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Watch This Gold Chart Closely!

| January 27, 2014 | 0 Comments
Watch This Gold Chart Closely!

Things are starting to get interesting for gold… As you’re likely aware, the yellow metal has been stuck in a decidedly lackluster trading pattern for the past few months.  Uncertain fundamentals have kept it floating in a range between $1,250 an ounce and $1,200 since mid-November. But now the metal is seeing a definitive uptick […]

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Weekly Movers: Gold Surges On Weak China Data…

| January 24, 2014 | 0 Comments
Weekly Movers:  Gold Surges On Weak China Data…

Commodity investors are witnessing some startling trading action this week.  Multiple assets are seeing skyrocketing volatility thanks to quickly changing fundamental data. Here’s a recap of some of the week’s biggest movers and what to expect from them going forward… Natural Gas Wow.  What a week for this commodity!  Thanks to another brutal round of […]

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Hostage Situation…

| September 24, 2013 | 0 Comments
Hostage Situation…

I’m furious right now. In my decade long trading career, I’ve never seen two people make such a mockery of the markets. Let me explain… As you may be aware, Federal Reserve Chairman Ben Bernanke announced he was postponing the highly anticipated wind down of QE3 last Wednesday.  He went on the record saying the […]

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