Articles by Stewart Thomson
As gold traded in the $1310 area a week ago, I said, “The door of possibility is now open to some further strength, with a short term target of about $1320 -$1325.”
A week ago, gold had fallen to about $1277, and many investors and analysts turned bearish there. In contrast, I suggested that the Western gold community should focus on the potential for immediate upside price action.
"Too many people know firsthand how devastating it is to lose a job at which you had succeeded and be unable to find another; to run through your savings and even lose your home." –Janet Yellen, March 31, 2014. I’ve predicted that...
There are very few price areas where risk capital can be invested in gold, with a reasonable degree of confidence that a “significant low point” will be established there.
Since the start of this year, gold has performed extremely well. This daily chart shows the shiny metal moving steadily higher, in a bullish channel
The rally in gold that began in January has stunned most money managers. They were predicting a horrible year for gold in 2014, and a great year for US stock markets. So far, they are dead wrong.
The Ukraine crisis may or may not be over. Regardless, the crisis has only resulted in a tiny increase in the holdings of GLD-NYSE, the largest gold ETF. Please view the latest tonnage holdings above. (The holdings are in the lower right...
As gold rises steadily higher, it “refuses to have a correction”. That’s making some investors nervous. Gold is the greatest investment asset in the world, so it’s important to stay focused on the big picture.
For the past few years, the citizens of China and India have been in the “gold buying spotlight”. I’ve hinted that the citizens of Japan could soon become another source of sizable demand.