Posts Tagged ‘ gold bull market ’

Charting New Highs for Precious Metals

Jul 15th, 2008 | By Penny Sleuth Contributor | Category: Commodities, Investing Strategies
Taking a look at the longer term charts is always a fun proposition and this week things look exceptionally well. Gold is ready to fight for another all-time high in the near future, silver looks poised to do it at any second but realistically over a month or two. Platinum ...read more


Precious Metals Gearing Up

Jul 2nd, 2008 | By Penny Sleuth Contributor | Category: Commodities
Precious metals have taken the back seat in the recent rally in commodities. While corn, soybeans, oil and other commodities were making either fresh contracts or all-time highs on a daily basis, precious metals simply consolidated. This was to be expected after the fantastic rally in gold from the low ...read more


An Eerily Similar Correction Could Lead to Huge Gains

Apr 2nd, 2008 | By Jim Nelson | Category: Commodities
Major developments are taking place in the precious metals world. As we have noted here in Penny Sleuth, the price of gold is destined for upwards of $2,000. However, we are currently experiencing a very natural correction. With everything in the world of finance, people get scared. Last month, gold broke ...read more


Hidden Gold Shares Will Play Well in Down Markets

Mar 19th, 2008 | By Ed Bugos | Category: Commodities, Investing Strategies
Remember that old Wall Street maxim, “Don’t fight the trend”? Now remember another one: “Don’t fight the Fed.” Well, what happens when the Fed fights the trend, as it has been recently? Which axiom to believe? Historically, the Fed loses that fight until the trend is ready to turn back around. Admittedly, the central ...read more


Lowered Interest Rates Bring Higher Gold

Feb 4th, 2008 | By Ed Bugos | Category: Commodities, Macroeconomics
A historic milestone is nearby… In December, the gold price raced off to record highs for the first time in almost three decades. Now it looks to be closing in on 1,000 U.S. bucks. That is, four digits. It will also be four times the 1999 low. The market has added dollars ...read more