Tag: Guest Bloggers

Chris Ecclestone Picks Latin American Gold Plays

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The Gold Report: The Hallgarten website says, "Over the years, the team has successfully picked trends using our macroeconomic underpinnings to guide investors through the treacherous waters of the markets." Could you give us a couple of trends that retail investors could take advantage of?

Chris Ecclestone: The chief trend I see is a change in the nature of this gold market recovery. Production is going to be king. In 2009, cash was king after the economic crash. Now it's production. If a company doesn't have a preliminary economic assessment (PEA), it is going to wallow for a fair while. The main focus is going to be if these companies can become real miners or if they are just going to be forever out there with their project generator models.

"Production is going to be king."

There are a lot more companies on the "For Sale" side then there are companies out there to buy them. A lot of them are going to be left standing alone at the wall. The only companies that are going to get the attention of majors are those that are along the continuum between PEA and production. Continue reading "Chris Ecclestone Picks Latin American Gold Plays" →

Weekly Futures Recap w/Michael 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.

 Currency Futures--- Currency markets today are trading mixed with the Euro currency breaking down 80 points currently trading at 1.2860 causing the U.S dollar to rally sharply by 46 points hitting a fresh six-week high currently trading at 80.56 right near session highs after the Labor Department released the monthly unemployment figures which added 171, 000 new jobs for the month of October with an unemployment rate 7.9%. The Canadian dollar which is been very weak in recent weeks is actually higher today by 25 points trading at 1.0052 and in my opinion is still in a bear market and I do believe will head lower from these levels while the Mexican peso which I have been bearish and wrong so far is up another 50 points 7690 following the U.S stock market today. The Japanese yen has hit a new six-month low down another 70 points at 1.24 with the next major support all the way down to the 120 level still 400 points away and in my opinion I believe that this bear market will continue. The Australian dollar is higher for the 4th consecutive trading session at 1.0357 at a fresh five week high now looking at possibly making new contract highs which were hit mid-September right around 1.0550. TREND: U.S DOLLAR—HIGHER---CHART STRUCTURE: EXCELLENT Continue reading "Weekly Futures Recap w/Michael Seery" →

U.S. Stocks On a Collision Course with Market History

Posted on by The INO.com Team

The past offers answers about the future; market patterns do repeat themselves

By Elliott Wave International

Next time you look at a clear night sky, keep in mind that what you see is the distant past.

Most stars are so distant that it takes millions of years before the light is visible to us.

Even so, astronomers can learn much about the future of the universe by studying the past.

NASA astronomers announced they can now predict with certainty the next major cosmic event to affect our galaxy, Sun, and solar system: the titanic collision of our Milky Way galaxy with the neighboring Andromeda galaxy.

NASA, May 31, 2012 Continue reading "U.S. Stocks On a Collision Course with Market History" →

Bob Moriarty's Stock Tales from the Crypt

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The Gold Report: Appropriately for this time of yearHalloween and the Day of the Deadgold's hold above $1,700/ounce (oz) seems to be reviving some junior mining stock prices that had been left for dead. What are some names with a heartbeat?

Bob Moriarty: NOVAGOLD (NG:TSX; NG:NYSE.MKT) has come back from the dead a couple of times. In 2001 or 2002, NOVAGOLD was the number one gaining stock on the Toronto Stock Exchange. It reached $20/share at one point. In 2008, it hit a low of $0.46/share; 18 months later it had bounced back to $17/share.

TGR: And today it trades at $5/share.

BM: The lesson here is to buy when stocks are cheap and sell when they get expensive. Too many investors in the junior mining space marry the damn stocks. They fail to sell and take their profit when they have the chance. If investors aren't willing to sell at a profit, the only alternative is that they sell at a loss.

"Too many investors in the junior mining space fail to sell and take their profit when they have the chance." Continue reading "Bob Moriarty's Stock Tales from the Crypt" →

Four Critical Goal Setting Tips for E-mini Futures Trading

Posted on by The INO.com Team

One of the most common characteristics among highly successful traders is being extremely goal-oriented. People are most effective, happy, and not surprisingly, physically and mentally healthy when they have clearly established goals. From the small and mundane tasks, such as cleaning your desk, to more important life issues ranging from child rearing to estate planning, having a goal and making steady progress towards that goal creates a state of mental clarity and a sense of purpose.

That’s the good news. The flip side of the coin is that poorly planned goals can have the complete opposite effect. Once we firmly establish a specific goal, our subconscious kicks in gear to “get ’er done”. This has nothing to do with will power — it’s simply the way we are wired. While establishing and pursuing goals can lead to a higher quality of life, unless they are structured properly, they can also lead to depression and an overwhelming sense of failure. So before we start flipping those switches and the synapses start firing, let’s clarify some sound and solid principles that will become the foundational structure of every goal we set both in our E-mini Trading business and other areas of our life as well. Continue reading "Four Critical Goal Setting Tips for E-mini Futures Trading" →