King World News featured a hopeful chart from analyst David P. out of Europe. Gold peaked in 2011 at $1900 per ounce. It has been almost six frustrating years for gold bulls waiting for the bull market in gold to return. Stockcharts explains the Mac Dee or MACD, “Developed by Gerald Appel in the late seventies, the Moving
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Here is a short video produced by ‘One Minute Economics’ explaining the beginnings of gold minted for trade, the ‘Gold Standard’ and it’s eventual replacement with fiat currencies in 1971. Almost 2600 years ago, the first gold coins were minted and used for trade. Later on, people started storing there gold in well guarded vaults, and bought goods and services using
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Climb a mountain, expect a view. Throw a Hail Mary, expect a touchdown. Sink money into the stock market, expect a decent return. Reward for risk has always been the bedrock for investment. Today, however, the reward is slim. Stocks are volatile. The global economic downturn has pushed interest rates to rock bottom or into the red. Bonds and U.S.
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