Category: General

Picking Undervalued Gold Equities Is Akin to Picking Strawberries

Posted on by admin

The Gold Report: A 10-year U.S. bond yields 2% currently. How is that changing the market?

Randall Abramson: We typically view the markets and our investment process through top-down and bottom-up lenses. Our top-down tools are telling us that all systems are "go," and that there are no immediate hurdles ahead. This low-growth environment has allowed the broader markets to remain in a bull phase for longer than is typical. In fact, we've not had even a market correction of 10% or so for way longer than normal.

TGR: The World Gold Council (WGC) reports that central banks bought 477.2 tons of gold in 2014, which was nearly a 50-year high. What do you make of central banks buying gold at peak Cold War-era levels? Continue reading "Picking Undervalued Gold Equities Is Akin to Picking Strawberries" →

Poll: Which of the 3 Indexes will finish the highest?

Posted on by The INO.com Team

This year has been a record setting year for the indexes so far with no end in sight.

I thought I would ask the question...

Which of the 3 Indexes will finish the year with the biggest gain?

View Results

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As always, I would love to hear from you. Please take a moment to vote and leave a comment.

Every Success,
Jeremy Lutz
INO.com and MarketClub.com

Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the June contract are closing down $18 this Friday afternoon to settle around 1,176 an ounce hitting a 5 week low as I’m now recommending a short position while placing your stop loss above the 10 day high which currently stands at 1,209 risking around $32 or $1,000 per mini contract plus slippage and commission as the chart structure is solid at the current time. Gold futures finished down about $25 for the trading week as all the action is back into the S&P 500 which is hitting all-time highs once again this Friday afternoon as money is coming out all precious metals and into the equity market and that trend is going to continue as I’m recommending a bullish position in the equities at the current time as well. Continue reading "Weekly Futures Recap With Mike Seery" →

Silver Price Could be Headed to $12

Posted on by The INO.com Team

Written by: Octafinance.com

Even though we are long-term bullish on gold and silver we are negative medium-term. The Silver chart shows a technical setup with a possible target of a $12 per ounce.

Long-Term Silver Price Chart Still Positive

There is so much to see on the silver chart that we feel obligated to share our interpretations for the future price movement. We will start with the big picture. The whole move of 180%+ from $18 to $50 between 2010 and 2011 had only a minor correction. When the price crossed the upper channel of the long-term chart going back to 2002, it alerted us that silver is out of sync with normal markets.

Source: Rightedgesystems + Octafinance Interpretations

Of course as with any parabolic movement, the trend was not sustainable. Silver couldn’t break $50 per ounce barrier and sellers' came. The CME also increased the margins which forced all longs to cover (sell), as the sentiment was more than positive “98% of all traders were bullish silver” according to the Daily Sentiment Index (DSI). What happened after that is obvious from the chart, silver experienced a few technical setups that all broke down, reverting the parabolic movement to the upside down. Now based on the long-term support line formed during the last 13 years, we have a support around $11-$12 per ounce. Continue reading "Silver Price Could be Headed to $12" →