Posts tagged GOLD

Are Commodities an Asset Class?

Gold ($GLD, $GC_F) is off over $11 today after getting routed last week. Silver ($SLV, $SI_F) is also moving lower. When metals move, generally silver moves several times faster than gold. It’s whippier. Since 2000, many have plowed a lot …






Gold is Parabolic

The rally in gold ($GC_F) is a feeding frenzy. If you are long gold, remember pigs get slaughtered. I know all the reasons to be long gold. Fear. Countries are debasing their currencies. But does your local grocery store have …






Gold, When Can You Think About Selling It?

Everyone is plowing into gold ($GC_F) at an increasingly faster rate. It’s pure momentum at this point. Fear does that to gold. A lot of times the rallies in gold resemble breaks in other markets, and conversely, the breaks in …






Only Write on the Blue Side of The Card

Silver just made a new high.  Gold is rallying again on worldwide unrest.  Cotton, corn and other commodities won’t sit down, and seemingly scream ever higher each day. In the old open outcry days, trading cards were printed with a …






GOLD, Stay Gold Johnny Boy

GLD Stock Chart by YCharts Sometimes as a trader you feel like a complete idiot. I feel that way about the Gold trade. In 2000, guy standing next to me dumped all his money in gold. I thought he was …






Gold, Congressman Anthony Weiner, Glenn Beck and You

No doubt that you have seen ads or heard ads in the media touting GOLD!! What should you do? Are you missing something? Congressman Anthony Weiner(D-NY), and media personality Glenn Beck have gotten into a big tiff over GOLD.  Of …