Our song and dance of a week ago concluded with a calculation for Gold's realistically reaching the 1400s -- before this year is out -- based upon these two assumptions: 1) the low thus far holds (1142 on 17 March) and 2) the "expected...
We'll save the mathematical rationale of Gold reaching 1400 in 2015 until this article's dénouement, as there first are more timely items to consider. Quel drame! Just stay with us.
To quote the fictitious, yet widely beloved, Thomas Magnum: "I know what you're thinking." Entitle this piece with the inference that Gold isn't going to go down anymore, and quick as wit, 'twill summarily be flung off the cliff for a few...
Parabolics, that is, which as we below see on a weekly basis have stifled Gold since 20 February. But upon this past Wednesday's being the third strongest upside performance-to-date in 2015, our Captain Endicott successfully navigated Gold...
If you've been sensing, amidst increasing annoyance, within what we recently dubbed "Gold's Flight at 1200", (all of its turbulence and gyrating about notwithstanding), that price is neither breaking out to the upside nor downside, your...
Gold lost 2½ points for the week. Boring? Hardly. And thereto, we give a most deserved tip of the cap to Captain Endicott, who a week ago advised us to return to our seats and buckle up as turbulence aboard Gold's flight was imminent.
Long time readers of The Gold Update have come to learn that our microphones are just about everywhere, even aboard Gold's ongoing flight at (what was) 1200. To wit: "Uhhh, ladies and gentlemen, this is Captain Endicott speaking: you may...
One might even substitute the word "flight" in the above title with "fight", for 1200 is proving more and more to have become a battle line in the sand for Gold. You may recall from three missives ago (28 March's "Gold Managing The Madness...
Astute market observers are likely aware that Mr. James Dimon (JPMorgan Chase's Chairman and President and Chief Executive Officer, like so many folks in this economy having to hold down three jobs), noted in his annual shareholders letter...
The "Big News" presently making the rounds is the "Big Drop" in StateSide payroll creation for the month of March, the number (126,000) being some 50% below that anticipated by expert economists coast-to-coast, et alia.