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The Mesh Report - 25/26 - The Gold Enthusiast

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What Is Driving Gold Prices Right Now?

What Is Driving Gold Prices Right Now?

Mike Hammer November 3, 2016 0

Everyone always has their pet theory about why gold is moving at any point in time.  Some of them are good, some of them are just … weird.  Right now it’s fairly obvious what’s

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We’re Back to Trading NUGT!

We’re Back to Trading NUGT!

Mike Hammer November 2, 2016 0

NUGT is showing signs of life this week, as the US Dollar (tracked by UUP) continues it’s recent slide.  Either as a result, or because gold stocks were oversold, buying interest has picked up

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US Dollar Softens, Gold Rises

US Dollar Softens, Gold Rises

Mike Hammer November 1, 2016 0

Yesterday we talked about how the price of gold and the value of the US Dollar are related.  Then, as if by magic, today we get a perfect example of it!  If you’re in

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The Simple Way To Watch The US Dollar

The Simple Way To Watch The US Dollar

Mike Hammer October 31, 2016 0

As you’re aware by now, the biggest economic factor that affects gold price is the value of the US Dollar.  That’s great to know, but what can you do about it? Well, turns out

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Are SMAs Saying It’s Time To Buy Gold?

Are SMAs Saying It’s Time To Buy Gold?

Mike Hammer October 28, 2016 0

The first round of major gold miners have reported earnings, and we’re all still here! No tsunamis drowning cities, no meteors falling from the skies. The charts show no huge ups, and no huge

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First Set of Gold “Majors” Report Earnings

First Set of Gold “Majors” Report Earnings

Mike Hammer October 27, 2016 0

So it’s now Thursday (early!) morning and the first five big gold miners have reported. Here they are, with their earnings report in USD per share (+ means profit, – means loss): Tuesday 10/25

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Is Russia Selling Gold?

Is Russia Selling Gold?

Mike Hammer October 26, 2016 0

Most of the time we hear about countries buying gold.  Countries buy gold for two reasons: first, to add to their strategic reserve of assets, and second, to help prop up their currency. Continue

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Goldman Sachs Sees Gold Demand Rising In China

Goldman Sachs Sees Gold Demand Rising In China

Mike Hammer October 25, 2016 0

China is one of the biggest markets in the world.  Recently their economy flagged due to overbuilding, which meant there was too much of almost everything available.  To help stimulate the economy the government

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A Very Critical Week for Gold Stocks

A Very Critical Week for Gold Stocks

Mike Hammer October 24, 2016 0

This is a big week. Big BIG BIG. So not a lot of humor today, we’ll roll up our sleeves and get down to business. If you’re new to the whole idea of earnings

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Should I Trade JNUG?

Should I Trade JNUG?

Christian Tharp, CMT October 21, 2016 Comments Off on Should I Trade JNUG?

Yesterday we went through the current trading picture for NUGT.  (If you missed that, you really should read it!)  Today let’s talk about JNUG for the first time. Like NUGT, JNUG is a leveraged

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