In a recent post, Gold Breakout Alert Set To Push New Highs we were convinced that Gold looked ready to break out, and yesterday that is exactly what happened as it closed above $1,450. As you’ll see in the chart below, Gold will now use the previous resistance line as its new support. ... Read more
Posts Tagged ‘NG’
Gold Breaks New Highs – Could Push $1,700 By Year End
April 6 | Posted by Kevin Monaghan | Top Story Tags: ETF, GLD, Gold, NG, NovaGold Resources, PHYS, Sprott Physical Gold Trust, Technical Trade
Elite Inside Trader Weekly Market Recap
March 28 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: AFL, Aflac, American Express, AXP, Baidu, BIDU, BMY, Bristol-Myers Squibb, Capital One, COF, Discover Financial Services, Double Bullish US Dollar Index ETF, Euro, European Debt, Gold, JNJ, Johnson & Johnson, Micron Technology, MU, NG, NovaGold Resources, PFE, Pfizer, PLCN, Portugal, Priceline.com, Research In Motion, RIMM, Silver, SLV, US Dollar, UUPLast week the markets continued to push aside any bad news thrown in its path and continued its triumphant march higher. We saw the volatility index (VIX) spike during the week, before quickly returning to lower levels. With interest rates as low as they are, investors are still being forced to turn to... Read more
Gold Breakout Alert! Set To Push New Highs?
March 22 | Posted by Kevin Monaghan | Top Story Tags: GLD, Gold, Income Stocks, NG, NovaGold Resources, Shares, Silver, SLV, Technical TradeWe’ve had our radar on Gold over the last few weeks now. Gold prices are setting up for another test to push new highs, and we like the trade as the fundamentals behind Gold are still very bullish. In addition, the US markets seem to be topping out, and with an end to... Read more
Three Stocks That Stand To Benefit From Inflation
January 29 | Posted by Kevin Monaghan | Top Story Tags: Inflation, Manulife Financial Corporation, MFC, NG, NovaGold Resources, Paychex, PAYX, Shares, StocksIt wasn’t long ago that inflation would have been welcomed in the world, especially in developed countries. Now that inflation seems to be on the doorstep, our lights are turned off and the curtains are drawn. Inflation has spurred commodity prices for many nations and with the dollar as the world’s reserve currency,... Read more
