Tag: Gold

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 (April 8th through April 12th)

After the worst weekly decline of the year in US equities, we are slowly on the mend as we enter a week full of FED activity.

A few standouts from last week included a terrible Non Farm Payroll number on Friday and a full throttle campaign from the BOJ to continue to crush the Yen. Fridays jobs number was a big miss as 88,000 jobs were added and some real numbers regarding the drop in individuals that are actively looking for jobs was revealed. Even after these figures were announced, the stock indexes were only rattled for a short period of time before the realization that the FED will step up Quantitative Easing set back in. Since then, the stock market seems to be holding up fairly well. Continue reading "Gold Chart of The Week" →

Today's Video Update: Confidence Might Be Running Out Of The U.S. Economy

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 5th of April.

Confidence Is a Fragile Entity
Confidence in sports, business and almost everything else in life is a very important element. The same can be said for confidence in the markets and in the economy. Today with the release of the non-farm payroll, confidence was badly shaken. The question becomes, with everyone who has a 401K program and who has made money in the last few years, will there be a rush to get out of the market with their profits?

After seeing the disappointing results of the non-farm payrolls report this morning, is Chairman Bernanke and the Fed going to keep their uncharted risky policy of pumping money into the system? With all of these uncertainties floating around in investors' heads today, I believe confidence is on the wane for any sustainable economic recovery that Washington was hoping for. Continue reading "Today's Video Update: Confidence Might Be Running Out Of The U.S. Economy" →

Today's Video Update: Facebook Is Coming Out With a Smartphone - Give Me a Break

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 4th of April.

FACEBOOK IS COMING OUT WITH A SMARTPHONE - GIVE ME A BREAK!
Is Facebook (FB) becoming irrelevant? Even Facebook said in its annual report back in February 2013 that “younger users” were engaging in other products “as a substitute for Facebook.” I can second that, as my children only use Facebook very occasionally. In fact, teens are really flocking to Twitter, Snapchat, WhatsApp, GroupMe and Kik, real-time messaging services that were born out of the mobile phone revolution. Is it all over for Facebook, or should you be in this stock at all? We will be looking at this market using our Trade Triangle technology to answer that question. Continue reading "Today's Video Update: Facebook Is Coming Out With a Smartphone - Give Me a Break" →

Today's Video Update: Don't Worry About The Price Of Gas, This Agency Has It Under Control

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 April.

Don't Worry About The Price Of Gas, This Agency Has It Under Control
Back on 8/4/1977, the Department of Energy was instituted TO LESSEN OUR DEPENDENCE ON FOREIGN OIL.
34 years ago, 30% of our oil consumption was foreign imports. Today, 70% of our oil consumption is foreign imports. Pretty efficient, huh???

And now it's 2013, 36 years later, and the budget for this "NECESSARY" department is at $24.2 BILLION A YEAR. It has 16,000 federal employees and approximately 100,000 contract employees and look at the job they have done! (This is where you slap your forehead and say, "WHAT WERE THEY THINKING?")

Ah yes, good old Federal bureaucracy.

Now we have turned over the banking system, healthcare, and the auto industry to the same government. Does that make sense to anyone besides the government? Continue reading "Today's Video Update: Don't Worry About The Price Of Gas, This Agency Has It Under Control" →

Follow the Smart Money to Undervalued Miners

Posted on by admin

The Gold Report: Gold recently witnessed some upside price support after the Cypriot parliament proposed taking money from private bank accounts to raise the 5.8 billion needed to qualify for an international bailout. What was your first reaction to that news?

Jeb Handwerger: Any confiscation of bank accounts would just highlight what I have been saying for a long timesavers are losing money in their banks. Bank deposits are supposed to be a safe haven. Investors are going to seek out alternative hedges against the deterioration of currency and financial repression worldwide. This isn't just happening in Cyprus, but all over the world where there are citizens losing money in their banks and are experiencing negative real rates. Investors need to look for the assets that will protect and grow their wealth in case public policies continue to destroy wealth and savings.

TGR: How does this differ from what happened in Greece? Continue reading "Follow the Smart Money to Undervalued Miners" →