Chris Vermeulen

A look at Gold & Silver in the very near term.

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

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

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).

A look at Gold, Oil, Natural Gas and the DJIA during this holiday season.

December 13, 2009 The past three weeks have been interesting to watch as the Dow (DIA ETF) has broadened causing traders to be shaken in and out of positions. Commodities have been under pressure as the US dollar has risen. Below are some charts of these investments and what I think could happen in the … Continue reading

ETF Trading Gold, Silver, Oil, Natural Gas and the Index December 9th, 2009 Etf trading has made it so easy for traders and investors to get maximum exposure to the entire market without the high fees of mutual funds and manager. There are now etfs covering almost every investment type whether it’s stocks, indexes, sectors, … Continue reading

Chris Vermeulen’s weekly update

As we can see gold has broken its 2008 high and is starting another rally which we have seen several times before. I figure we could see gold rally for another 3-5 months and possibly reach the $1500 -$1600 level before forming a multi month or year consolidation.

So far this week has been slow in regards to commodity etf funds. Gold continues to shine while silver refuses to make a move higher.