Jon Nadler
Jon Nadler
aside coming community corners economic globe investment items looking news smile
Aside from the amalgam of worrisome news items coming from many corners of the globe ... the investment community is also looking with apprehension at economic news and has nothing to smile about.
ignore nations
When you ignore the U.N., you ignore all the nations of the world at once. This, as we have learned, is suicidal.
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.
appears couple digest economic higher lower market realities remains room trading visits
While there still remains some room for a couple of visits on the lower end of the trading range, the market appears to digest geopolitical and economic realities with the same, predictable outcome: higher prices.
expect higher trading volatility
Expect volatility to go higher and trading ranges to expand.
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.
beginning buying continue regarded
Surely, corrections will come; but when and if they do they will continue to be regarded as buying opportunities for the long-run, not the beginning of the end.
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.
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.
ahead closed gold note traders week
Gold closed out the week on a firmer yet inconclusive note as traders squared logbooks ahead of the weekend.
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.
appears bad fresh gold lack news rather reflecting true
Gold appears to be reflecting the lack of fresh bad news ... rather than true profit-taking.
almost correction definitely dip last repeating
We were definitely overdue for a correction and we are almost repeating last week's dip pattern.