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
Over the past week or so, gold and associated assets have rallied quite nicely. Gold feels quite solid here. The five and ten day moving averages have turned up. The 14,7,7 Stochastics oscillator is also flashing a buy signal and moving...
Most precious metal assets staged a solid “comeback rally” against government fiat yesterday. The deep-pocketed commercial traders are serious gold buyers now.
The latest gold price action is a near-perfect reflection of the current market fundamentals. Gold has arrived at my $1220 - $1200 conservative investor buy zone.
Recently, gold suffered a dramatic sell-off in just a few seconds. More than 15,000 contracts quickly changed hands on the COMEX. This caught most investors by surprise. That’s because they don’t follow the physical market meticulously.
After the US markets close today, Morgan Stanley will announce whether Chinese stocks get the green light for inclusion in their emerging market index.
The next US central bank interest rate announcement is scheduled for tomorrow afternoon. Gold and related assets are now in “pause mode” against most fiat currencies. Gold has a rough general tendency to decline ahead of a rate hike, and...
Gold is the world’s ultimate asset, and another spectacular week is underway for investors. While May was mostly sideways (and lower for many gold stocks), it’s starting to look like the month of June could be a serious “barnburner”.
Gold tends to become a rather dull market as the summer approaches. Will this year be different? The summer doldrums are caused by seasonal softness in Eastern jewellery demand, but the next major Fed rate hike announcement and commentary...
Gold has arrived at the $1220 support zone. Note the position of the Stochastics oscillator at the bottom of the chart. Significant rallies tend to begin from the current position. Since Indian dealer stocking for the Akha Teej festival...
From a technical perspective, gold is recoiling from the weekly chart downtrend line and a daily chart overbought condition. The Stochastics oscillator I use for the daily gold chart is the 14,7,7 series. It’s now at about 32, and decent...
