Quantcast
The Mesh Report - 99/100 - The Gold Enthusiast

The Gold Enthusiast »

India Gold Sales Slumping?

India Gold Sales Slumping?

Mike Hammer November 8, 2016 0

India’s “gold season” is well underway.  Early reports were that gold sales were stronger than expected.  Now more reports are indicating early sales rates may not be continuing.  When I was working in department

Read More »
Out of NUGT, Just Before Election

Out of NUGT, Just Before Election

Mike Hammer November 7, 2016 0

If you were following along our trade in NUGT, you know we’re out now according to our rules. Last Weds (11/2/2016) NUGT was heading up above 16 at the open, and we recommended moving

Read More »
Gold vs Silver Ratios

Gold vs Silver Ratios

Mike Hammer November 4, 2016 0

Periodically you’ll see articles about the gold-silver ratio. The idea is that silver pricing is generally close to the same multiple of the price of gold, and when it gets too far behind it

Read More »
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

Read More »
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

Read More »
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

Read More »
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

Read More »
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

Read More »
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

Read More »
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

Read More »