Gold Chart of the Week

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 SERIES (August 27-August 31)

After three months of a painfully rangy trade, Gold Bugs were finally rewarded for their patience. Last week, after December Futures traded above $1630, the technical buy was on. Not only did the futures price test the 200 day moving average (what I suspected would be the short term target), it traded straight through before finally topping out over twenty dollars an ounce higher!  Furthermore, we begin this week with Gold printing another new high overnight.

It seemed last week that Gold prices were once again trading the fundamentals that once dictated direction. Here are a few factors that were baked into last week’s rally: Continue reading "Gold Chart of the Week"

The Only Way to Win with Gold Stocks

By David Galland, Casey Research

While I have read certain works on the life and ponderings of Buddha, I claim no deep knowledge of his philosophy.

Note that I didn't use the word "religion," because Buddha himself claimed no supernatural powers and even begged his followers not to deify him after his death. Continue reading "The Only Way to Win with Gold Stocks"

Gold Stocks Got You Down? This History Lesson Will Pick You Up…

By Kevin Brekke, Casey Research

If you own any, it might seem that gold stocks have been underwater for a long time, and that the bull market is over.

Yet, the chart below tells me that likely as not, those with the courage to buy when others panic will be the big winners in gold.

It shows that those who bought gold stocks in '74-'75 when everyone else was buying eventually made money…. but those who bought when others were selling in '76 went on to make a killing. Continue reading "Gold Stocks Got You Down? This History Lesson Will Pick You Up…"

Savvy Option Trading for Well-Capitalized Investors

If you are a “writer” of commodity options, you inherently have exposed and unlimited risk. However, it’s this risk potential that provides the capacity to reap rewards. Therefore, a savvy commodity option writer understands that managing risk is more important than reaping rewards. The trade setup below details a strategy to help protect short option positions with longer than a month until option expiration. In a follow-up, I will discuss a strategy to help protect short option positions with less than a month until option expiration. These strategies can be tailored to reach your short term objectives and long term goals. Continue reading "Savvy Option Trading for Well-Capitalized Investors"

Spotting New Trends: Knowing When to Go Against the Grain

By Darren Kaiser, International Man

It is said that hindsight is 20/20. It's easy to think, "If I had just bought apartments in Paris in the 80s, or tech stocks before the bubble, or gold in 2000 or 2001, I'd be sitting on a fortune right now." The thing is, kicking yourself for lost opportunities doesn't do you much good. A better strategy is to start focusing on not missing "home run" type investments like these in the future.

So, how does one go about cashing in on fast-moving trends and identifying "the next big thing"? Many will tell you that making money like this is all about chance, that you just have to be lucky. Well, I'd be lying if I said there wasn't some luck involved, but the quote "the harder I work, the luckier I get" by Samuel Goldwyn comes to mind. Continue reading "Spotting New Trends: Knowing When to Go Against the Grain"