Each Thursday, Mark Newton, founder of Newton Advisors, gives us his current outlook on different aspects of the market. Mark provides a very consistent, level-headed approach and that is one of the main reasons I believe there is so much value in these videos. Coming off the December lows, we have seen a very strong […]
4 Charts on Why Carter Worth is Bullish Gold
Carter Worth, Chief Market Technician at CNBC, was on Fast Monday Friday afternoon discussing Gold. Carter previously mentioned a bullish trade in Gold back in December, which proved right. Yesterday he was back to give the crew an update on his thoughts. Carter notes Commodities, especially in recent years, have traded much worse than imagination […]
Junior Miners versus Miners
Earlier this week, Chris Kimble of Kimble Charting shared his thoughts on the relationships between GDXJ (Junior Gold Miners) and GDX (Gold Miners). As he points out, the ratio between these two is an important one to monitor in regards to the overall Mining and Precious Metals sectors. But why exactly is it important? In […]
Gold Shining on the Miners
Gold has been relatively strong lately, and today it closed at its highest level since May. It currently trades around $1,315 an ounce. It isn’t just gold that has been showing strength lately but rather, the entire metals space in general. Palladium, another precious metal has been making all-time highs as we highlighted a few […]
Chris Kimble on a Potential Breakout in Gold
Recent volatility in stocks and currencies have given safe-haven assets like precious metals a bid. Gold is up nearly 10% since stocks topped out in October 2018. Currently, both Gold and Silver are testing long-term resistance and could be about to break out of a multi-year downtrend that began when Gold peaked back in 2011. […]