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
Gold tends to become a rather dull market as the summer approaches. Will this year be different? The summer doldrums are caused by seasonal softness in Eastern jewellery demand, but the next major Fed rate hike announcement and commentary...
Gold has arrived at the $1220 support zone. Note the position of the Stochastics oscillator at the bottom of the chart. Significant rallies tend to begin from the current position. Since Indian dealer stocking for the Akha Teej festival...
From a technical perspective, gold is recoiling from the weekly chart downtrend line and a daily chart overbought condition. The Stochastics oscillator I use for the daily gold chart is the 14,7,7 series. It’s now at about 32, and decent...
Gold price enthusiasts are wondering why the recent rally has suddenly lost its “mojo”. Some analysts worry about the GDXJ ETF portfolio rebalancing, and others are focused on the global stock markets rally.
After surging towards $1300, gold is taking a well-deserved short- term rest. Can the rally continue? Geopolitics news has gotten most of the credit for this rally, but Indian dealers have been buying huge amounts of gold in preparation...
Is it last call, for US stock market alcohol? The current price action of gold, the yen, the Indian rupee, and Chindian stock markets suggests that investors who have moved their focus from American stock markets to gold, silver and...
The spectacular price action of gold within what I’ve dubbed the “Uptrend of Champions” continues to be impressive. I’ve suggested that the rally is poised to accelerate, and that’s clearly in play.
Gold looks technically superb…and its fundamentals look even better. Inflation is rising in China and the West, the dollar looks shaky against key fiat competitors, and a reversal in American money velocity is imminent.
Hardly a day goes by now without more good news for gold investors appearing, and the pace of this news flow is accelerating.
The world’s ultimate asset, gold bullion, continues to act superbly. That’s because fundamental, cyclical, and technical price drivers are very positive and are in play at the same time.
