Articles for: GC-SPOTV

Gold is back in the headlines again with India’s purchase of 200 tons of gold being regarded as newsworthy.

Every week at seminars I meet students who want to start trading in Futures. Some even have accounts open, but just don’t feel ready to start or feel a bit intimidated.

The gold buffs have not had a riveting time of late – well at least compared to equities. And gold stocks have not had such a great time either.

All markets will ultimately recover but how and when we cannot say with great confidence at this point.

Is this going to be another big run up in the price of Gold?

A few months ago I wrote an article on Gold (GC-SpotV) headed “Golden ABC” and discussed a short trade opportunity on the first lower top off the all-time high on Gold.

For now equity markets across the globe have stabilised and have actually started to show some signs of finding a bottom.

Gold attracts a disproportional level of interest. Gold and gold stocks weigh minutely on the market compared with, say, base metals.

I’m still a bear in the US. In an article I wrote some weeks back I mentioned that the US bond market was pointing to about a 50/50 chance of recession next year in the US.