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 QE program created substantial hedge fund interest in gold-related ETFs. Unfortunately, QE never created the inflation the funds had anticipated. That’s because commercial banks held the QE money they received, “tight to the chest”,...
Gold has a rough general tendency to decline during the week leading up to the release of the US Employment Situation Report (jobs report). Following the release of that report (Friday at 8:30AM), gold tends to begin a decent minor or...
A week ago, I suggested gold would likely decline from the $1300 area to about $1275 and stop there, adding bullish symmetry to an inverse head and shoulders bottom pattern.
In any market, but especially precious metals, price pullbacks rarely proceed according to expectations. Most “buying opportunities” are perhaps better defined as gulags and torture chambers. Regardless, it’s almost impossible to build...
Most investors buy gold because they are nervous about the financial system, government debt/bureaucracy, central bank money printing, and dangerous geopolitical developments. In a nutshell, that’s the “fear trade” for gold.
As the month of August gets underway, the gold market has a solid feel to it. Analysts in 2014 who have held extreme price targets (both bullish and bearish), have found themselves looking like fish out of water. Gold has not skyrocketed...
A number of top bank economists have turned bullish on gold in the past few months. That’s helping to boost confidence amongst thousands of Western gold community investors.
There’s a widespread belief that Western investors only buy strength, while Eastern investors only buy weakness. That’s not completely accurate.
Recent liquidity flows on the COMEX suggest the gold market may need to retrace some of the recent gains, before moving higher.
Has gold topped out, or is it beginning a new leg higher? A persuasive argument can be made that gold staged an upside breakout last night.
