Written by Dan Schwartz on April 26, 2012 – 6:00 am
If you have been watching the TSX Venture index for the past few months and watching as most of your investments appear to be fading away, you’re not alone. Just looking at the 6 month Venture Index chart can make anybody’s stomach turn. The index has been in a virtual free fall for months now [...]
Written by Dan Schwartz on April 4, 2012 – 6:00 am
A growing number of technical indicators suggest that the market is running out of steam. These include the longer term RSI (relative Strength Index), the MACD (Moving Average Convergence Divergence) and others. Equities have been in a temporary unrelenting uptrend where investors have been factoring in a strong U.S. economic recovery while also anticipating that [...]
Written by Dan Schwartz on March 15, 2012 – 6:00 am
Although I recently wrote about how bullish I was, along with many other fund managers are about gold, in the near term, gold and particularly the major gold producing company’s stocks have taken some serious technical damage that may take some time to recover from. Although, free money policies and the debasing of currencies that [...]
Written by Dan Schwartz on February 22, 2012 – 6:00 am
If you’ve been paying attention to markets lately, you’ve probably noticed the massive run up commodities have had of late. This is especially apparent in gold and oil as they have by far experienced the largest gains of all commodity sectors. This is all thanks to the central banks of the works and their drive [...]
Written by Dan Schwartz on January 25, 2012 – 6:00 am
Silver has always been considered golds poor cousin. The saying went that if you can not afford gold you buy silver. If you can’t afford that nice gold necklace for your girlfriend, you buy here the silver one that only costs you a fraction of the price. That idea may be changing, especially for precious [...]
Written by Dan Schwartz on January 18, 2012 – 6:00 am
While it is really not entirely clear which way gold is headed, as it is impossible to predict the stock market or precious metal prices for that matter, it is possible to glean and make educated guess on the direction of a commodity based on the chart. This is of course known as technical analysis, [...]
Written by Dan Schwartz on December 21, 2011 – 6:00 am
It seems like only this past summer, gold was unstoppable. It was trading to new all time highs almost daily and euphoria was rampant. Then September came around and gold prices took a serious hit dropping from it’s all time highs of around $1,900/oz to almost $1,600/oz in what seemed to be a blink of [...]
Written by Dan Schwartz on December 15, 2011 – 6:00 am
Gold prices have had a tremendous rally in 2011. In fact this rally has been going on for quite some time now and over 2011, that rally has done nothing but accelerate; at least in the short term. I have discussed in an earlier article how central banks around the world have been buying up [...]
Written by Dan Schwartz on December 7, 2011 – 6:00 am
It’s quite astounding how much volatility there has been in the markets lately, and although the big scare (or more rightfully mini-crash) that occurred back in August almost feels like ancient history, there is still a very high amount of instability and insecurity in the markets. This is simplest to see in the VIX or [...]
Written by Dan Schwartz on November 9, 2011 – 6:00 am
With all the uncertainty in global financial markets, it appears that once again, gold is taking center stage as the safe bet in crazy times. Predicting if gold will rise or fall based on social, economic or geo-political implication s is tricky business. Therefore, a technical analysis is merited in order to better understand what [...]
