Gold Bugs Face Chart Dilemma (GLD, IAU, SGOL, DGP)
It has been impossible to ignore the sideways trading pattern in gold of late. Despite a 1.5% move up on Tuesday, gold bugs, traders, and investors in the SPDR Gold Shares (NYSE:…
It has been impossible to ignore the sideways trading pattern in gold of late. Despite a 1.5% move up on Tuesday, gold bugs, traders, and investors in the SPDR Gold Shares (NYSE:…
They say there is an ETF for just about any strategy. Gold investors and other precious metal investors are now getting a new ETF that will trade as a single basket of…
Tuesday’s drop in gold may be a culmination of many things and Wednesday’s attempt at a recovery needs to be watched closely. Profit taking, China rate hike, currency extremes with reversal, and…
Gold ETFs just keep growing. Investors are going to the shiny yellow stuff in droves despite that new highs keep getting hit. As central banks race to zero on devaluing their currencies,…
After seeing headlines “The Yen at Multi-Year Highs Against the Dollar” for days, we finally saw a sudden change. Japan intervened on its currency to prop up the US Dollar. This may…
While many remain bullish on gold, the recent trading activity has been impossible to ignore. Our technical analysis affiliate, Adam Hewison of INO, has a quick yet detailed audio-visual interactive chart analysis…
The gold trade is becoming too concentrated. For a nearly free-market mentality, this almost hurts to say. The SPDR Gold Shares (NYSE: GLD) has just become too large. The company’s website now…
It has been impossible not to notice the new Gold Rush. It has also been impossible to not notice the crashing oil prices. This is simply the decline or implosion of the…
Have you noticed how so many commodity rallies in gold and oil get stopped in their tracks on what might seem as secondary or even tertiary cause and effect? This has been…
Gold needs a breather. All of the same reasons that gold ran from $900 to $1200 are still in place outside of the catastrophic meltdown scenario on every investor’s mind in early…
The US dollar and commodity prices are supposed to be inversely related, or so we saw during so much of the last 2009 gold rally. Quite simply, global commodity assets quoted in…
Gold was supposed to keep eroding, or so its chart was indicating, earlier this week. But the weakening dollar vs. euro trade coming back and variations of rumors that China was buying…
It has been hard to not notice the sideways trading action in gold of late. Sure, you have the potential decline of the Euro, the rising dollar, mixed economic data globally, China…
Gold has been on a tear and has performed better than stocks in recent years. But we have now seen a pullback and gold is back under $1,100.00 per ounce. While you…
Your wait for the platinum and palladium ETF products is over. Today marked the launch of the ETFS Physical Platinum Shares (NYSE: PPLT) and ETFS Physical Palladium Shares (NYSE: PALL). These ETFs…