Stewart Thomson

Into the month of “Feb”, here we go. Towards month 4 of getting richer, here you go.

There you sit. In Happy Land. You lean back in your armchair, with your golden friends. You sip a glass of wine and puff on a high quality cigar, toasting the good times for gold. You raise a glass for a number of recent new highs for many junior gold stocks.

“…Some governments will topple….” –Jim Rogers, referring to the effects of coming rising food prices….

Gold blasted through $1380 early this morning! Your gold bullion pile, marked to paper currency model, just rose by approx. 1.5% in value from the $1360 area lows.

The former head of Shell Oil warns that oil could almost double in price, in a year.

Golden Crystal. Whether you buy breakouts (difficult) or price weakness (best), it is important to keep your charts simple and clear.

What’s in your stocking? It’s four days to Christmas! Is it a selection of beautifully wrapped gold bars and gold stocks, or is it a toy US dollar photocopier wrapped in a pig’s tail?

1.   Gold war update from the front lines:  The Gold Community retook $1400 last night.  Silver is close to retaking $30.  I won the battle as to whether gold would take out $1424 on the upside or $1315 on the downside.  Most thought $1315 would fall.   It didn`t.  Gold soared to $1430 basis dec futures … Continue reading

The five day weekend. Readers should know I refer to Friday as “report card day” and Monday as the start of your “five day week-end.”….

1.   $1424 or $1315? Which price does gold touch first?  Gold is leaping higher this morning, up $9 to approx. $1375. 2.   My unchanged view has been that gold takes out 1424 first, and I bought into the lows at 1315, all the way down in a pyramid formation of buys. 3. The reason I … Continue reading

A substantial debate is emerging around the Gold $1315-1424 zone. Is Sir Gold overbought and due for a big fall?  Or do you ride your holdings above 1424 on a new leg higher! 2.   I guess if you used the marked to model numbers of the OTC derivatives (OTCDs) for your calculations, you could, maybe, make an argument that … Continue reading

I cannot overemphasize the critical importance of factoring the bond market into any analysis of the crisis now.”  That was the sentence I started yesterday’s update with, and it’s probably the sentence I should start every update with, for the next six months! 2.    I see a lot of gold analysts trying to gauge the … Continue reading