Jon Nadler
Jon Nadler
asset barometer current events future gold human mirror
Gold is as much a mirror of current human events as it is a barometer of future asset values.
dent dollar early fell gold increases oil prices recovering slightly
Increases in oil inventories and a firmer dollar put a dent into gold prices early Tuesday. Gold fell about 1% before recovering slightly and stabilizing.
attributes gold last news nigerian oil sabotage since weaker
Buoyed by the Nigerian oil sabotage news and a weaker U.S. dollar, gold has reasserted its safe-haven attributes since last Friday.
buttons commodity fingers gold hovering trigger
The trigger fingers hovering over all of the instability-sensitive commodity 'buy' buttons (gold, oil, etc.) are as jittery as ever.
breach critical faces flirting gold levels possible price support
The gold price is now flirting with critical support levels ($532-$535), and it faces a possible short- to medium-term trough -- one that could even breach the $500 level.
complete follow gold lower nearly patterns per phase race somewhat swift
Gold would like to go somewhat lower to follow long-established seasonal patterns as well as to complete the corrective phase it was in, after a swift race to nearly $600 per ounce.
found global gold huge pool rush
The huge pool of global liquidity out there has not found a better place to rush into, and is enchanted with gold and its prospects.
burst gold
Gold burst decisively through the $560 mark...even as many participants are out for the U.S. holiday.
benefit continues global gold growth pattern robust silver types
Gold as well as silver continues to benefit from a robust global growth pattern and consumption of all types of commodities.
almost correction definitely dip last repeating
We were definitely overdue for a correction and we are almost repeating last week's dip pattern.
bailing evidence footprints funds gold impact millions opposite overnight saw tiny yesterday
We saw little evidence yesterday that the Godzilla-size footprints of funds bailing out of gold was present. We did see evidence overnight that millions of tiny (individual-investor) footprints make for an equal-size impact on gold -- in the opposite direction.
assertion critical difference fed funds gold percent quarter rate stand
We stand by the assertion that a quarter percent better fed funds rate will NOT make the critical difference to medium-term and/or long-term gold investors.
famous markets metals necessary performance precious repeat
The precious metals markets have all the ingredients necessary to repeat the performance they were once famous for.