Articles by Stewart Thomson
A week ago, I suggested gold would likely decline from the $1300 area to about $1275 and stop there, adding bullish symmetry to an inverse head and shoulders bottom pattern.
In any market, but especially precious metals, price pullbacks rarely proceed according to expectations. Most “buying opportunities” are perhaps better defined as gulags and torture chambers. Regardless, it’s almost impossible to build...
Most investors buy gold because they are nervous about the financial system, government debt/bureaucracy, central bank money printing, and dangerous geopolitical developments. In a nutshell, that’s the “fear trade” for gold.
As the month of August gets underway, the gold market has a solid feel to it. Analysts in 2014 who have held extreme price targets (both bullish and bearish), have found themselves looking like fish out of water. Gold has not skyrocketed...
A number of top bank economists have turned bullish on gold in the past few months. That’s helping to boost confidence amongst thousands of Western gold community investors.
There’s a widespread belief that Western investors only buy strength, while Eastern investors only buy weakness. That’s not completely accurate.
Recent liquidity flows on the COMEX suggest the gold market may need to retrace some of the recent gains, before moving higher.
Has gold topped out, or is it beginning a new leg higher? A persuasive argument can be made that gold staged an upside breakout last night.
Global fundamentals for gold are bullish. Let’s do a quick review of the facts. Narendra Modi has been elected to build gold-obsessed India into the world’s largest economy.