Stewart Thomson
President of Graceland Investment Management
Stewart Thomson is president of Graceland Investment Management (Cayman) Ltd. Stewart was a very good English literature student, which helped him develop a unique way of communicating his investment ideas. He developed the “PGEN”, which is a unique capital allocation program. It is designed to allow investors of any size to mimic the action of the banks. Stewart owns GU Trader, which is a unique gold futures/ETF trading service, which closes out all trades by 5pm each day. High net worth individuals around the world follow Stewart on a daily basis. Website: www.gracelandupdates.com.
Stewart Thomson Articles
The latest US jobs report has stunned most analysts, with its dramatic weakness. Most investors in the Western gold community are nervous about rate hikes, and this report supposedly gives the average gold investor a little breathing room...
Since rallying from the $1142 area to about $1219, gold has retraced about half those gains. Bloomberg reports that investor short positions are now at the highest levels since 2006.
On March 20, 2015, global gold price discovery changed. Transparency was introduced to the London gold market, as the new “LBMA Gold Price” was launched. In my professional opinion, the changes in London are ushering in an entire new era...
The FOMC meeting looms ahead, as the main driver of global gold prices, in the short term. The policy announcement will be made at about 2PM on Wednesday, and most analysts believe Janet Yellen will remove the word “patience” from the Fed...
I’m hard pressed to remember a time where the morale of the Western gold community was much lower than it is now. Regardless, some very good technical and fundamental news for gold enthusiasts has suddenly appeared.
From a seasonal perspective, gold tends to be a bit weak from late February until the end of the first or second week in March. I see nothing out of the ordinary with gold’s current price action.
The gold market is very firm, given that most Indian players are in “wait and see” mode. Demand in India has slowed tremendously in recent weeks…in anticipation of the February 28 budget release.
When I recently told my subscribers to go into light “sell mode” for gold at $1305, I wasn’t calling a top. After staging an enormous rally of about $130 an ounce, gold had simply arrived at sell-side HSR (horizontal support and...
All gold community eyes should be on the month of March, for three key reasons. First, London is the world’s largest gold trading centre. The LBMA sets the price with a “fix” that is created by bank traders, using telephones.
Gold is off to a great start this year. That’s the daily gold chart, and it looks superb. The strongly bullish technical action reflects the positive fundamentals of the gargantuan Chinese and Indian jewellery markets. Those two nations...
