Tag: Gold

Daily Video Update: Debate shocker - It's what America is talking about today

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 4th of October.

I would be remiss if I didn't make a comment on last night's debate. If you didn't watch the debate, I think it's universally accepted that Governor Romney brought in his "A" game, while Pres. Obama did not seem up to the challenge.

I mention this only because we made a comment earlier in the week that "politics and markets make strange bedfellows". Based on what the world saw last night, the election just got tighter.

Today, we are seeing the markets vote on the debate and we are seeing a strong movement in equities and in precious metals. It is too early to say if this trend will continue for the rest of the day.

We'd like to hear your thoughts! Be sure to vote on the debate in today's poll. Continue reading "Daily Video Update: Debate shocker - It's what America is talking about today" →

MarketClub TV for 10/03/12: Zero hour, 9 PM ET

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 3rd of October.

All eyes will be on the presidential debate this evening at 9 PM, Eastern Time. We expect the markets will be little moved until after the first debate.

According to our poll yesterday, it would appear that Ben Bernanke has more power over the markets than both Pres. Obama and presidential challenger, Mitt Romney.

As an independently registered voter, I take my vote very seriously. I always do as much research as I can on both candidates. This video link on President Obama found its way into my mailbox. I found it very interesting and wanted to share it and I believe no matter what your political persuasion it is worth watching. If you have any interesting videos on Mitt Romney, feel free to share them with us.

Be sure to watch the debate tonight. Continue reading "MarketClub TV for 10/03/12: Zero hour, 9 PM ET" →

Gold Rush!

Posted on by The INO.com Team

By Mike Landfair

I’ve recommended buying Gold since 2004 and I always get the look.  Are you crazy? Or Gold? Isn’t that risky? Or, How do I buy it? Or, Hasn’t it already moved? They may ask how much should I buy and I’ll give them a percentage and they will say, Where do you I buy it? Should I buy Gold or stocks?  What are you doing with your money?

Then a year or two later, I’ll meet them again and they’ll say, “Do you still own your Gold?”  I’ll say yes I do.  And they will say, “I wished we’d bought it when you told us.  We just took a big hit in the market.  Of course Gold is too high now, isn’t it?”

Here we are at $1775 as I write this and I think Gold will double from here and Silver could be at $100 or more, maybe in 2013.  When I suggest this to anyone who asks me what I’m doing to get better returns than CDs, I always get the look. Continue reading "Gold Rush!" →

Daily Video Update: Politics and markets make strange bedfellows

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 2nd of October.

Not to get too political, but I believe the markets are going to be in a holding zone for the next day or two waiting for the first presidential debate between Pres. Obama and Mitt Romney, that takes place on Wednesday.

Here's a question for you... Who, in your opinion, is more important? Pres. Obama, Mitt Romney, or Ben Bernanke?

From the market's point of view, I would have to say that Ben Bernanke is more important than either President Obama or Mitt Romney. Bernanke and the Fed are committed to pouring more money into the equity markets with their "QE3-print-more-money-and-to-H#ll-with-the-future-plan". I guess they figure that we can find another solution to the problem later … YEAH RIGHT!!

Equities based on the FED are still in a bullish phase and we have an upside target of $1,550 on the S&P 500 some time next year.

Most traders have written off the Euro, but our Trade Triangles are saying that we are in a bull market, at least for the moment, and the dollar is the one with the bigger problems.

Inflation Watch: Pressure is building on the Reuters/Jeffries CRB Index. Inflation will be arriving in 2013.

Wild Card: Without a doubt, the wild card for everything is the Middle East. We see no positives on that front.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video

Gold Chart of The Week

Posted on by The INO.com Team

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (October 1st through October 5th)

“Better late than never” comes to mind as I prepare this week’s Weekly Gold Report. Just as I sat down to capture the weekly chart for December Gold, the market erupted after another perfectly timed announcement from a US FED official.

After dismal news from the European Manufacturing sector overnight, a European Union Commissioner made upbeat remarks about Spain, followed by FED member Charles Evans stating that he would like to see “Operation Twist” continue past the December 2012 deadline and go on for another calendar year. The remarks from Olli Rehn in Europe and supportive comments from Evans in the US were enough to offset the worst Manufacturing number that Europe has seen in three months. Continue reading "Gold Chart of The Week" →