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 upcoming FOMC meeting on April 28 – 29 could keep COMEX gold prices under some pressure. Regardless, influential Western bank economists continue to focus more on events in Asia. In the West, gold is mainly associated with extremism...
Almost every day, bank economists are making more positive statements about the outlook for gold prices, and rightly so. "Money printing had almost always resulted in inflation but in today's excess global production capacity environment...
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...
