Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

February 17, 2016 | Rise in Gold Will Be Bumpy Ride

Eric Hadik began studying & trading the futures markets in the early-80’s - eventually providing his analysis & trading strategies to multi-national oil companies & top-20 banks. In the 90’s, while continuing to trade, Eric consulted dozens of gold & silver miners & manufacturers - before founding INSIIDE Track Trading and providing similar analysis to institutional & individual traders. His work has been featured in IBD, WSJ, Barrons, on CNBC and most recently at Forbes. His trading approach begins with extensive cycle & wave analysis, then honed by specific technical indicators & trading signals (which are reserved for his subscribers).

Positive Equity Markets Deceiving

Listen to Podcast:

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

Archives February 17th, 2016

Posted In: HoweStreet.com Radio

One Comment

  • Avatar DaveintheUK says:

    I noted on the longer term charts that the price spike in gold in on the Central Bank Gold Agreement in late 1999 after the bear market low at $252.80 eventually went down close to retesting that low around $255.

    If you look at the HUI or XAU gold stock indices over that time, they went to new lows in 2001 and by quite a margin. They had a typical late bear market crash to these lows, even though gold made a higher low in early 2001.

    It’s going to be interesting in the gold space in 2016.

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.