Bulls are about to move the markets higher
September 8, 2010 by goldguru · Leave a Comment
By David A. Banister, Market Trend Forecast I’ve been busy counting the months of correction since Mid-April this year when I forecasted a top in the U.S. Markets following a massive 13 month rally off the March 2009 lows. The theory I had at the time was that the % of bulls in sentiment surveys [...]
WHO WOKE THE DRAGON
October 22, 2009 by goldguru · Leave a Comment
WHO WOKE THE DRAGON China is a sleeping dragon. Let it sleep. If it wakes, it will shake the world.Napoleon Bonaparte It has been said God doesn’t speak to mankind because mankind doesn’t listen. Be that asit may, it is certainly true that England didn’t listen to Napoleon’s warning regardingChina. Contrary to Napoleon’s advice, England [...]
Dow Breaks 10,000 for the 26th time, gold shines
October 22, 2009 by goldguru · Leave a Comment
Here is another piece of information which investors would never receive on market-pumping outlets like CNBC, and Fox ‘News’: the Dow Jones index has now broken 10,000 on 26 occasions, with the first time being more than a decade ago. If you think this means that the Dow index has produced a net return of [...]
Gold at $2,000 Becomes Inflation-Adjusted Bullseye for ‘80 High
October 19, 2009 by goldguru · Leave a Comment
By Pham-Duy Nguyen Oct. 19 (Bloomberg) — Gold’s rally to a record means prices are still 53 percent below the 1980 inflation-adjusted peak. While gold rose 19 percent this year to $1,072 an ounce on Oct. 14, consumer prices almost tripled in the past three decades, eroding the metal’s value. Bullion hasn’t kept pace with [...]
Dow Breaks 10,000 for 26th Time While Gold Shines
October 18, 2009 by goldguru · Leave a Comment
Jeff Nielson submits: Here is another piece of information which investors would never receive on market-pumping outlets like CNBC, and Fox ‘News’: the Dow Jones index has now broken 10,000 on 26 occasions, with the first time being more than a decade ago. If you think this means that the Dow index has produced a [...]
Copper, consumers and the double dip scenario
October 17, 2009 by goldguru · Leave a Comment
Conflicting earnings reports and surprisingly good copper demand numbers out of China have recovery bulls and bears fighting for ground Read more….
China/Russia Gas Deal Changes Dynamics
October 14, 2009 by goldguru · Leave a Comment
With China closing multi-billion dollar trade deals on a near-daily basis, it would be easy to overlook the most recent energy deal which China and Russia have agreed upon. However, there were some interesting details in a Reuters article which caught my attention. The most significant item is that under the terms of the deal, [...]
Why It’s Not the Time to Buy Gold
October 13, 2009 by goldguru · Leave a Comment
Jeff Nielson submits: I was asked by a reader yesterday if now was a good time to buy gold. This is always a deceptively simple question with any investment. After writing a fairly lengthy reply, it struck me that this was probably a topic worthy of a commentary, itself. The starting point with such a [...]
Beware Fortune’s Gold Warning
October 8, 2009 by goldguru · Leave a Comment
It was hardly a surprise to see a Wall Street mouthpiece come out with an anti-gold attack on the day that gold reached a new, nominal record-high. What is a surprise is how utterly pathetic was this counter-attack. For those that missed it, Fortune magazine put out a piece yesterday titled “Beware the Gold Bubble”. [...]
Gold stocks ran more than 5% Tuesday on gold price record
October 7, 2009 by goldguru · Leave a Comment
Gold bulls see runaway inflation and U.S. dollar weakness sparking a stampede into the metal Read more….