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
With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.
Gold investors are eager to see the current price reaction end and a fresh uptrend begin.Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks…and that’s a good sign.
Gold often has a “bad hair day” on Tuesdays, but today (so far) the price action is decent. Is the sideways drift in the gold price coming to an end, or is there more churning ahead as the summer begins?
A year ago, gold stock investors had to choose their stocks carefully. In contrast, now it’s hard to find a gold stock that isn’t roaring higher!
Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome! It's clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways.
Important weekly gold chart.Gold is consolidating after reaching substantial resistance in the $1800 area. There was wild gyration in 2012 around that resistance zone and a breakdown that disappointed investors.
It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated.
Switzerland loves bunkers and Switzerland loves gold. The simple difference between the Swiss government and the US government is that the Swiss government loves to prepare its citizens for hardship, and America’s government leaves its...
Tuesdays are often a weak day for gold. Where there is weakness there is opportunity, but is that opportunity here today? Gold is in a trading range between $1670 and $1785, and I believe the odds of an upside breakout are about 67%.
The US stock market is once again in imminent danger of a major collapse. The disturbing daily chart of the Dow Index. A rally towards resistance has taken the shape of a bear wedge. The rally failed to even reach that resistance zone, and...
