Year: 2010

Bob Moriarty: 2010—The Year for Gold Shares Source: Interviewed by Karen Roche, Publisher, The Gold Report  01/05/2010 321gold founder Bob Moriarty returns to The Gold Report for a lively exclusive interview about what he sees as the best investments for 2010. “Last year it was gold,” says Bob, “and this year I believe it will be … Continue reading

This year will initially see a continuation of the trends established in 2009. I understand that this seems like a bland statement. The stock market reads future trends and outcomes at times and has factored (government sponsored) growth this year. Thanks to the vast overflow and after effect of the stimulus capital flows this will come to pass initially and therefore I consider that the highest probability is that the stock market rally will continue in the first half.

Nonfarm Payrolls This Friday Could Dampen Commodities Overall this week has not been that exciting. Volume is below average as the big money traders slowly get back into action and wait for Fridays economic data to come out. We have seen gold, silver and oil put in a nice rally this week but they are … Continue reading

Courtesy of http://marcfaberchannel.blogspot.com/ I am not a perennial gold bug. But, when governments spend far more than they collect in taxes (large fiscal deficits), and when central bankers engage in reckless monetary policies and, instead of treating the causes of the problems (excessive debt growth), treat the symptoms (deflationary forces), gold as a currency does … Continue reading

Spot 60 Minute Trends for Gold, Oil, Nat Gas, and Indexes Welcome back everyone! It’s time to buckle up and get ready for another exciting year of trading. When the market is moving on light volume I tend to focus on very short term plays to minimize my exposure to volatility. The past couple of … Continue reading

This past week in gold By Jack Chan at www.simplyprofits.org 12/31/2009 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

Introductory Summary: When gold reached our short-term target of about $1200, we closed our gold and silver futures trading positions.  We have since been looking to reenter our long gold and GDXJ junior gold miner trading positions whenever gold traded close to its 10 week (50 day) moving average (currently around $1117), and we did … Continue reading

I have a feeling we are going to see the dollar test the 80 -81 levels before rolling over and heading south again.

If this happens then gold and silver will continue to pull back. I am actually hoping the dollar moves higher and gold drops back to test the $1000-1060 level. This would clear the way for gold and the dollar to continue with their longer term trends with increased momentum (dollar collapses, gold goes parabolic).

The White House estimates that the government will have to borrow about $3.5 trillion more over the next three years. On top of that, the U.S. Treasury has to refinance, or roll over, a huge amount of short-term debt that was issued during the financial crisis. Treasury officials estimate that about 36% of the government’s marketable debt – about $1.6 trillion will mature in the next 12 months.