Everyone is talking about commodities as the place to be in the coming months. I tend to agree, but……
Precious Metals ETF have gone wild the past 2 weeks. Last week we saw gold and silver prices drop sharply as it shook out short term trader’s stop orders before breaking out and moving higher. Also there is a disconnect between the gold and the dollar.
Below are some charts showing my analysis on gold, silver, oil, natural gas and the S&P 500 index along with a seasonality chart proving that……..
The Gold and Oil Guy gives a quick technical look at the short-term prognosis for stocks and commodities.