At 11:26 a.m. today, I received an email from a well-known market guru who is an expert at technical analysis. The email declared that the pattern in gold was like a coil ready to start a new rally. At 2:00 p.m. the Federal Reserve Board and the Federal Open Market
My objective in contributing to Trading Deck is singular — to help investors make money. We at The Arora Report are neither a bull nor a bear on any investment. The essence of our methodology is to let the hard data speak for itself. From the comments on my articles
The recent swoon in gold and silver prices has dramatically increased the number of emails I receive from investors trying to figure what to do now. There is no shortage of advice on the Internet. An investor can easily find contradictory advice from gurus. Instead of listening to gurus, astute
Our algorithms show that mom and pop momo crowd who were mainly responsible for the last run up in gold and silver are not selling during this swoon. As we reported this morning, our algorithms show aggressive selling by institutions in Asia. In the U.S. market, selling by Smart Money
The Federal Open Market Committee (FOMC) of the Federal Reserve today released its customary statement after its meeting. Fed Chairman Ben Bernanke seems to have borrowed a page from Mervyn King, Governor of the Bank of England. King has made an art of playing a game with the markets by a lot
According to the data from the National Bureau of Statistics in China, inflation has slowed dramatically. Stay short on GLD and HL. Those not in these positions should stay tuned to the Real Time Feed for potential entry signals.
One of my bedrock principles is to leave my opinions at the door and let the data speak for itself. There is widespread belief among American investors and a large number of proclamations that the Chinese and Indians are not selling gold and silver into the swoon. Hard data from
The number-one problem for gold and silver investors is that the world does not end very often. You must understand that unlike stocks, bonds and forex markets, gold and silver markets are not very deep. In plain English, this means that typically at any one time there are not enough
Consider taking partial profits on a 5% tranche right here at $162.24. This will leave 20% of full core position size as short.
The China super cycle is over. China will still grow at a heady pace, but I believe the torrid growth rates of 10% plus are a thing of the past. In my article, Generate wealth in 2012 and beyond , I described that the last big-picture macro cycle was ending.