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
I’m hard pressed to remember a time where the morale of the Western gold community was much lower than it is now. Regardless, some very good technical and fundamental news for gold enthusiasts has suddenly appeared.
From a seasonal perspective, gold tends to be a bit weak from late February until the end of the first or second week in March. I see nothing out of the ordinary with gold’s current price action.
The gold market is very firm, given that most Indian players are in “wait and see” mode. Demand in India has slowed tremendously in recent weeks…in anticipation of the February 28 budget release.
When I recently told my subscribers to go into light “sell mode” for gold at $1305, I wasn’t calling a top. After staging an enormous rally of about $130 an ounce, gold had simply arrived at sell-side HSR (horizontal support and...
All gold community eyes should be on the month of March, for three key reasons. First, London is the world’s largest gold trading centre. The LBMA sets the price with a “fix” that is created by bank traders, using telephones.
Gold is off to a great start this year. That’s the daily gold chart, and it looks superb. The strongly bullish technical action reflects the positive fundamentals of the gargantuan Chinese and Indian jewellery markets. Those two nations...
While I predicted a huge rally in gold would usher in the new year of 2015 in a spectacular way, the top bank economists have failed again. Most of them predicted, “No rally for gold!” Their dire predictions in 2014 all failed to...
I expect global jewellery demand to support consistently higher gold prices, well into the month of February. That’s partly because Chinese stock markets had a tremendous performance in 2014.
In late 2013, I predicted the Fed would taper its QE program to zero, and the first taper would cause gold to rally, stunning the Western gold community. I also predicted the taper would turn the US stock market into a “wet noodle.” That’s...
Gold is ending the year on a solid note. The bears promised that 2014 would be a horrible year for gold. Many bank economists predicted “double digit declines.” None of their shrill predictions have come to pass. That’s because the gold...
