gold trading, silver trading - daily alerts

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February 15, 2013, 9:50 AM

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In 2010, central banks collectively bought 77.3 metric tons of gold. Then, 456.8 (!) tons in year 2011, and 534.6 tons in 2012. These aggressive purchases provided a floor to the price of gold on the long-term, and we believe, they will continue into the year of 2013...

On the short-term, however, gold price swings are prone to momentary emotions prevailing on the market.

Today, we reveal how you can profit on emotions associated with the following:

  • Verification of the reverse head-and-shoulders pattern in Euro
  • Head-and-shoulders pattern in Dollar and an upcoming cyclical turning point
  • Steady rally to higher levels in S&P 500
  • Odds for a breakout of crude oil prices
  • A long-term cycle in gold
  • Important breakdown in silver
  • Platinum’s price above last week’s high
  • Current situation in mining stocks vs. long-term situation in gold and silver

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In this edition of the Market Overview, we will focus on consequences of the Trump’s presidency for the global economy and the gold market. We will discuss how Trump could affect U.S. monetary policy and analyze his agenda, and its potential effects for the precious metals. Will gold benefit from the upcoming presidency as an inflation hedge, safe haven and a bet against the greenback? Or will Trump revive the economy? Will the gold prices fall? Or perhaps Trump's policies will turn out to be irrelevant for the gold market.

Read more in the latest Market Overview report.

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