Gold’s Bearish Pattern Trying to Change
When we last left off with the gold market (and the chart below), I offered that “Unless the metal quickly regains the $1350 level, we are most likely looking at further selling and even more record setting negative sentiment before a sustainable rally can begin.” Gold continued its collapse from the time I hit the send button at $1292 all the way down to $1179 a week later. From $1179, it rallied all the way back to $1303 this […]
Read More
Date: July 26, 2013
Gold Skeptics Have Peaked but Gold Prices Haven’t
The other day I spent some time with my friends at Yahoo Finance recording several segments. Here is the one I did on why I have become more bullish on gold recently after watching the metal fall from $1900 to $1320. http://finance.yahoo.com/blogs/breakout/gold-skeptics-peaked-gold-prices-haven-t-paul-155320270.html
Read More
Date: May 28, 2013
What would Thomas Jefferson Say to the Architects?
The latest Street$marts is out, “What would Thomas Jefferson Say to the Architects?” http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120625.pdf Topics in this issue include a little known, but important economic indicator, the latest pullback in stocks and where gold is headed.
Read More
Date: June 26, 2012
Once Again, It’s About Europe
Socialist candidate Francois Hollande won the election in France, throwing the Eurozone into a tizzy as Germany no longer has a fiscally conservative partner in France. This is going to get very interesting as we have Germany favoring austerity and a more hard line fiscal path, while France will look to curb the expense cuts, raise taxes and possibly increase spending. Markets cratered overnight, especially in Asia, but by the time the US opened, losses were more muted. And by […]
Read More
Date: May 7, 2012
Gold to $2000 and Beyond
Here is the second video I did with the folks from Yahoo! at their beautiful new studio in the city. Anytime there are bold statements on gold, people come out of the woodwork to comment. And I would be surprised if they aren’t at least 100 comments by the time you read this. One of the great myths is that gold goes up when there is inflation. I think the 1990s is the perfect example of why that isn’t true. […]
Read More
Date: April 19, 2012
