Miners Must Mind Their Margins

The Gold Report: Since you last spoke to The Gold Report in March, the price of gold has collapsed. What happened?

Rob Cohen: Gold has collapsed when compared to the U.S. dollar, but not when compared to other hard assets. For instance, since gold was allowed to float in 1971, its average price ratio per ounce to the price of a barrel of oil has been 15:1. Right now, it's about 13:1, so it's not that far from the mean. We remain a little puzzled by what has happened. Going back to 2008, there's been a strong correlation between the expanding balance sheet of the Federal Reserve and the rising price of gold, but that link has been cut, at least for now.

We have also had some positive economic data out of the U.S.

TGR: Is this positive data really all that positive? Continue reading "Miners Must Mind Their Margins"

Gold Webinar: RSVP Today

We're expecting space to be tight for this week's upcoming gold webinar. Have you reserved your seat yet? If not, we're extending a last minute invitation to all of our lurkers out there.

Save your seat by registering today and find out what MarketClub co-founder and former floor trader Adam Hewison will be sharing about this ever-popular precious metal. Adam will show you how this market can be traded, what the pros and cons are, and how you can analyze all the ways to trade it with MarketClub's "Trade Triangles."

Click here to attend MarketClub's "5 Ways to Tackle the Gold Market" Webinar to be presented live on Thursday, December 2nd at 4pm EST/9pm GMT.

We promise that you won't be disappointed so register today!

The MarketClub Team

What the Gold Super Cycle means for your pocketbook

Hello all MarketClub members,

This is Adam Hewison and I am happy to say that I am back from "down under". I was visiting my daughter who just married a wonderful man from New Zealand and our family had a wonderful time celebrating the event.

Now that I have my market legs back and I'm in the right time zone, I wanted to create a video for you on gold. Before you get to that video you may want to watch this video that I recorded on 9/21 of last year. It proved to be very prophetic.

Continue reading "What the Gold Super Cycle means for your pocketbook"

It's Official Silly Season for Gold

We are already in the “silly season” and what I mean by that is after December 15 most traders are not serious about the markets and they’re not committed to any large positions for the balance of the year.

I've had a number requests to do a video on gold, so here it is. As you will see in the video, gold has fallen back to an area that should provide support, however it will remain choppy and thinly traded for the balance of the year.

I strongly recommend that if you're not in gold, to wait until we see more interest and activity coming into 2010.

As always our videos are free to watch and there is no need to register.

Enjoy the video and let us know what you think on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub