We took a look at the charts for Gold and Silver to see what we thought the future holds for these precious metals. Since Gold and Silver currently have no problem with demand, we turned to the technical charts to see where 2012 prices would land. GOLD 2012: $1,925 We give Gold a $1,925 price... Read more
Posts Tagged ‘Gold’
Gold Shows No Sign Of Slowing Down – Plenty Of Upside To Come
August 8 | Posted by Kevin Monaghan | Top Story Tags: GG, GLD, Gold, Gold Chart, IAU, Precious Metals, Silver, SLV, Stock Charts, Support & Resistance, Technical Trade
Commodities Pull Back! Potential Correction Or Slight Pause?
May 2 | Posted by Matthew Clark | Inside Trader Highlights Tags: Ben Bernanke, Commodities, Gold, Libya, Oil, Osama Bin Laden, Silver, SLVCommodities opened lower at the open today with Silver (SLV) leading the decline (-7%), but is this really the beginning of an overdue correction or are precious metals just taking a breather before they begin their accent again? For those of you who are long precious metals I wouldn’t start offloading just yet. ... Read more
USD Hits 3 Yr. Low On Bernanke’s Speech – Markets Rally!
April 28 | Posted by Kevin Monaghan | Top Story Tags: Americans, Ben Bernanke, Commodities, EUR, Euro, Falling Dollar, Fed, GLD, Gold, Inflation, Interest Rates, Silver, SLV, US Dollar, USDThe Chairman of the Federal Reserve, Ben Bernanke, in yesterday’s press conference gave investors no sign that interest rate raises were coming sooner than expected. With lowered expectations for GDP and slower employment growth than expected, the Fed will continue to keep interest rates low. The reaction was simple for investors. With almost ZERO... Read more
US Dollar Falls – Earnings, Metals Fly!
April 22 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: AAPL, Apple, Currency, Earnings, GLD, Gold, IBM, INTC, Intel, KFC, MCD, McDonalds, Shares, Silver, SLV, US Dollar, USD, YUM, Yum! BrandsIt’s no wonder Large Cap stocks have been beating earnings. The US Dollar has fallen against many other major currencies. This could be seen as a bad thing, but traders love it. Earnings from companies like IBM (IBM), Apple (AAPL), Intel (INTC), KFC’s Yum Brands (YUM), McDonald’s (MCD), and every other company with... Read more
Gold Breaks Another Record High! We Called $1,500 Per Oz.
April 20 | Posted by Matthew Clark | Inside Trader Highlights Tags: Bonds, Gold, Kevin Monaghan, Precious Metals, S&P Downgrade, Silver, Timothy Geithner, US DollarGold continues to smash record highs and once again it broke $1,500 per oz. in yesterday’s trading session. With the markets in an extremely emotional and volatile state over the recent wave of negative news that continues to support its case, are you really that surprised that the “King of precious metals” continues... Read more
