Tag: gold trading
Commodity Trading: Bernanke Yanks The Rug From Underneath The Markets
What a mess… Last week was a train wreck for commodities. Trading screens were filled with red as investors reacted to Fed Chairman Ben Bernanke’s Wednesday press conference. Of course, not only were commodities sent sharply lower, but equities followed suit with huge losses of their own. What happened? In a nutshell, Bernanke told investors […]
Gold Bears: Will They Be Right This Time?
The bears are at it again… They’re all over the business channels calling a top in the gold market. These ill-fated analysts proclaim the yellow metal has finally peaked… and we’re about to see a bullion blowout. What’s their reasoning? They have their usual objections. You know, silly things like- gold has no useful purpose… […]
Mistakes Made When Trading Gold
Just a few weeks ago I wrote a great piece on gold. Maybe you remember it? I told you it was time to buy. If you followed my advice, you’re a bit richer today for it. Just a few weeks after that article, gold rallied. The trade I suggested surged 19.5% in value… Not bad! […]