Bullish tone for gold set to continue
Gold’s recent bullish momentum appears to be holding firm for the time being, and indeed February has been a positive month with only minor pullbacks and reversals denting the move higher.
SPDR
The sun starts to shine again for gold bugs
As I have written many times before it has been a torrid time for gold bugs, who have seen the precious metal collapse from the dizzy heights of almost $2000 per ounce to plumb the lows of $1200 per ounce.
An analysis of gold for speculators and investors
In writing any market analysis, I am always conscious of two things. First, it is very easy to forget that the associated buying and selling in any market embraces the full spectrum, from long term investor, to the short term speculator.
ETF Outlook for Thursday, January 9, 2014 (USO, JO, XRT, TAN)
ETF Outlook for Thursday, January 9, 2014.
Are we seeing a paradigm shift in gold?
For gold bugs, 2013 was certainly a year to forget with the precious metal continuing its remorseless journey lower, a journey punctuated with minor rallies which promised much, but delivered little. To say it was a gloomy end to the year would an understatement.