by Adam Hewison The gold and silver markets rallied dramatically to the upside as concerns and worries over oil supplies, inflation, and general nervousness in the world markets pushed both metals into new high ground. I have just completed a new short video where I share with you my upside target zones for gold. The video only takes a few minutes to watch and emphasizes how important Read more...
Gold Prices Today – Why isn’t gold higher with the turmoil in Egypt?
February 7, 2011 By Leave a Comment
by Adam Hewison Despite all the turmoil in Egypt and the Arab world, gold has stubbornly refused to rally. This probably causes great concern amongst the gold bugs and the folks who are bullish on gold. As we have mentioned before many times on this blog, “perception is more powerful than fundamentals.” While the gold bugs argue that the market is being manipulated, I am more of a Read more...
The #1 Reason Why Gold Collapsed
October 20, 2010 By Leave a Comment
by Adam Hewison Following the gold market as we do here at MarketClub, it was amazing that nobody, and I mean nobody, was bearish on this market. This always creates a problem as the markets tend to reverse when everyone is on one side and there’s no one else left to buy. Another tip-off was on Fox Business News and also on CNBC indicating that gold was going to hit $1400 almost Read more...