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 big question about America is how much more money the Fed can print while the government runs a program of borrowing money to infinity… before hyperinflation turns the fading empire into a fire pit.
Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.
Investors ignore cycles… at their peril. When I calmly suggested that a key virus cycle year of 2020 would see a “carpet bombing” of markets, most investors were not listening to the cyclical message of the markets.
With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.
Gold investors are eager to see the current price reaction end and a fresh uptrend begin.Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks…and that’s a good sign.
Gold often has a “bad hair day” on Tuesdays, but today (so far) the price action is decent. Is the sideways drift in the gold price coming to an end, or is there more churning ahead as the summer begins?
A year ago, gold stock investors had to choose their stocks carefully. In contrast, now it’s hard to find a gold stock that isn’t roaring higher!
Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome! It's clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways.
Important weekly gold chart.Gold is consolidating after reaching substantial resistance in the $1800 area. There was wild gyration in 2012 around that resistance zone and a breakdown that disappointed investors.
It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated.
