Year: 2009

Short-term Gold timers have gotten very bearish and very quickly.

China and others can’t buy Treasuries at the level that the US needs it to.

This past week in gold By Jack Chan at www.simplyprofits.org 12/19/2009 GLD – on sell signal. SLV – on sell signal. GDX – on sell signal. XGD.TO – on sell signal. Summary Long term – on a major buy signal. Short term – on sell signals. A correction is in progress and we are fully … Continue reading

Could Gold and the Dollar rally together? It is possible in 2010

Weekly Update…

Source: The Gold Report. Interviewed by Karen Roche, Publisher  12/18/2009 The U.S. dollar has reigned as the world’s reserve currency for more than 60 years. That’s a real anomaly in the history of paper money, according to Stansberry & Associates Investment Research founder Porter Stansberry, but the dollar’s days on the throne are numbered. With a … Continue reading

One of the first commodity bulls, Don Coxe sounds bullish on Gold

Before I had the chance to address a recent Gold-bashing piece (Gold isn’t the best protection against inflation), Bloomberg is out with another anti-Gold piece (Gold Buying By CB’s May Send Sell Signal). The amount of misinformation in regards to Gold is bothering me and so too is this disinformation campaign, courtesy of Bloomberg. First … Continue reading

The rise and fall of paper currency notes relative to one another in the current economic setting reminds me of a seesaw – one currency goes up, then it goes down while its pair currency does the opposite. One currency may rise a little more in net terms over a period of time or vice versa based on various factors.

Time to back up the truck with gold stocks.