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We re-entered the long side of the gold market this morning at $1,429.59 basis spot gold.
From the digital studios of MarketClub
Here is a simple question for you: which would you rather buy right now, gold or silver?
Gold has incredible amounts of emotional baggage attached to it, while silver is in a different league - at least for the moment. This video will show you two indicators that can help you capture either market when and if the upward trend decides to resume.
With all of the world's troubles, there are plenty of reasons why one would think that both of these markets should be much higher. The question is, why aren't they? I think that the video you're about to watch will help answer some of those questions. Continue reading "Which would you rather buy right now, gold or silver?"
The gold and silver markets rallied dramatically to the upside as concerns and worries over oil supplies, inflation, and general nervousness in the world markets pushed both metals into new high ground.
I have just completed a new short video where I share with you my upside target zones for gold. The video only takes a few minutes to watch and emphasizes how important technical analysis is in the gold market. Our weekly Trade Triangles have been long gold from $1,368 and it looks as though that position is going to work out well.
We also refer back to a video that I made on September 20th last year, which underscores the importance of cyclic work in the gold market and, how if these same cycles hold true, can predict with a fair degree of certainty when the next cyclic high is going to occur. Continue reading "New video shows just how high gold and silver can go"
In this new 4 minute video I explain exactly what I mean by a "short gold position." It does not mean I am bearish on gold, however the scenario I point out in this video could make money by being short gold and long another important market.
The video points out what the scenario is, and which market you should be long in, against a short gold position. This is an interesting twist and a video you shouldn't miss.
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All the best,
President of INO.com
Co-founder of MarketClub