Stewart Thomson
President of Graceland Investment Management
Stewart Thomson is president of Graceland Investment Management (Cayman) Ltd. Stewart was a very good English literature student, which helped him develop a unique way of communicating his investment ideas. He developed the “PGEN”, which is a unique capital allocation program. It is designed to allow investors of any size to mimic the action of the banks. Stewart owns GU Trader, which is a unique gold futures/ETF trading service, which closes out all trades by 5pm each day. High net worth individuals around the world follow Stewart on a daily basis. Website: www.gracelandupdates.com.
Stewart Thomson Articles
The gold bull era… what exactly is it? While silly Westerners worship government fiat and debt-funded bully wars, billions of citizens in China and India focus on “going big” with saving…
The main global economic theme right now is sticky inflation and fading growth. The Dow has been drifting sideways since March 21. For gold, the drift began on April 12.
The significant synergy between the Dow (US stk mkt) and gold bullion continues.
Most gold bugs agree that owning gold feels fantastic… on days when the price is up. Recent key reports and events have brought increased volatility to the market, and this has surprised a lot of investors.
The sideways correction continues for gold and most bank analysts remain positive on the metals.
China. The citizens of this economic superpower have been the “prime mover” for the latest collapse of global government fiat money against gold.
The US PPI inflation report is today, and the CPI is released tomorrow. The average American is experiencing much more “boots on the ground” inflation than these reports have shown to date, and they are managing it by taking on more debt.
Most US citizens have no savings and are carrying significant credit card debt. While the CPI, PPI, and PCE reports show inflation is in the 3% range, the average citizen feels that costs are rising much faster for them.
Gold and mining stocks are overbought on a myriad of charts and “the world’s most predictable pause and pullback” is underway.
Recently, with gold, silver, and gold stocks overbought by almost every technical measurement, almost every gold investor in the West knew there had to be a pause in the action. All that was needed was a catalyst.
