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
With India’s titanic physical market now switching from a price discount to a premium, the door is open for the end of gold’s healthy and graceful price reaction.
Top US politicians describe the US economy as the “mightiest of all time.” Houston, we have a problem! The next tariff tax deadline is now only about three weeks away.
It doesn’t take much downside price action to make gold investors nervous, or much upside price action to make greed appear. It’s probably true that no fever is like gold feve
Gold continues to consolidate with sideways price action after reaching the $1500-$1550 resistance zone.
The GOAU ETF continues to show case the most impressive technical action in the entire precious metals ETF sector. A bull wedge breakout with a pickup in volume is in play.
If investors bring proper tactics to the table, gold price reactions can be exhilarating.
For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.
China’s “Golden Week” holiday is underway and gold markets there are closed for the week. The demand vacuum created by this holiday often contributes to a gold price swoon, and that’s happening now.
SPDR fund (GLD-NYSE) gold tonnage roared above 900 tons yesterday, and now sits at about 908. That’s solid action, and I’ll dare to suggest there’s more coming!
Is the gold price reaction over? Well, since the rally began in the $1170 area, corrections have not lasted very long.
Recent Articles
The total world's holdings of gold could be transported by a single solitary oil tanker.
