Tag: Gold

Closing the 2008 'Gap'

Posted on by admin

A disclaimer:  I am long and/or trading several regular 'bull stocks' (as well as short a couple).  Don't interpret the sober message below as a 'sell your stocks right now!' style bearish warning.  Indeed, after an expected choppy start to December I think more bull market mania, errr… rally, could still be ahead.  But it would be just dandy if people would keep their perspective along the way.

From the December 1 edition of Notes From the Rabbit Hole (NFTRH 267):

In 2008 market and economic participants suffered a hard downside 'gap' in the prices of their assets and in the levels of their expectations.  The bull market that began in March of 2009 is doing a fine job of closing that gap and fully resetting the herd from the utter fear mode of Q4, 2008 to a 2007 or even 1999 style greed mode today. Continue reading "Closing the 2008 'Gap'" →

Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (December 2nd through December 6th)

We begin the final month of 2013 with a week full of important economic data. From every major market in the world, there are reports and interviews scheduled that collectively should provide some nice volatility over the next five trading days.

In the United States, we will hear from multiple FED Members throughout the week, including Bernanke, Fischer, and Evans. There are also scheduled releases of manufacturing, GDP, Consumer Confidence, and most importantly Unemployment figures from the Government and the Private Sector. Continue reading "Gold Chart of The Week" →

Could Bad Data Be Depressing the Gold Price?

Posted on by admin

The Gold Report: Eric, you published an Open Letter to the World Gold Council saying that the massive imbalance between supply and demand is not reflected in prices because available statistics are misleading, and that is the most important obstacle to a healthy gold mining industry. Why has it been so difficult to get accurate statistics and what should be measured to get a better picture of demand, particularly in emerging markets?

Eric Sprott: I have always had a dispute with the data that Thomson Reuters GFMS Gold Survey puts out, which the World Gold Council uses as the basis for its analysis of gold. Since I've been involved in the gold market, the supply always magically equals the demand. Of course, we know that's almost impossible. Continue reading "Could Bad Data Be Depressing the Gold Price?" →

Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (November 18th through November 22nd)

Welcome to another week that have the US FED in the drivers seat from beginning to end. I would love to take time to forecast a few economic figures released this week in Europe and the United States, but there is little reason to do so.

Last week we heard from Janet Yellen regarding the FED and the economy, and her dovish rhetoric stole the show. Traders and investors began buying equities the day prior to her speech and that continued during and after she made it clear that her stance was one that would be supportive of further easing. Continue reading "Gold Chart of The Week" →

It's Friday and You Know What To Do

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 15th of November.

It has been quite a week! It's Friday and time to look for new 52-week highs in the markets. It was a strong week for the indices and several of the markets I am following, so after a quick recap of the major markets, I will show you how to find new 52-week highs and the rules you need to trade them.

Here are the only three rules you need to trade "The 52-Week New Highs on Friday": Continue reading "It's Friday and You Know What To Do" →