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PREMIUM UPDATE
July 18, 2009, 12:00 PMYou could get lucky and find those one-in a million rare gold coins worth a fortune or an undiscovered gold mine in Sweden. But at Sunshine Profits we don’t depend on luck. We rely on technical analysis and other important tools, which this week tells us that a recently-formed high correlation between the stock market and gold has particularly important implications for precious metals.
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PREMIUM UPDATE
July 11, 2009, 12:00 PMThis week has been disappointing for precious metals investors as gold, silver and corresponding equities followed the general stock market lower on relatively high volumes. The USD continued trading sideways. What does it all mean? The long-term situation remains inflationary and favorable for the precious metals sector, while charts provide us with additional short-term details...
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PREMIUM UPDATE
July 3, 2009, 12:00 PMNot that I presume to give Warren Buffet advise, but in this case perhaps he should reconsider his negative stance on gold. With several confirmation signals that the bottom may be in, this could be the perfect time to remain in this market as the next powerful rally may be just beginning.
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PREMIUM UPDATE
June 27, 2009, 12:00 PMWhat does the price of gold have to do with the price of tea in China? Nothing. But it does have something to do with the Monsoon season in India. This week we examine the implications of the Indian Summer Doldrum phenomenon and how it could affect the price of gold in the short term. We also compare how gold fared when compared to currencies other than the US dollar.
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