Gold Set to Ram $1000 Barrier Again The dollar’s bounce last week from a Hidden Pivot support that we’d drum-rolled here lasted all of four days, suggesting that more weakness is on its way. If so, we should look for gold quotes to blow past $1,000 by no later than mid-week. Read More With GM’s bankruptcy no longer hanging over Wall Street, perhaps now investors can get their minds right for some really bad news. We’re talking about the looming bankruptcy of California, of course, and of at least a few more big-budget states ... Read More ‘Stink Bid’ Nails Low in Comex Gold Will investors have one more chance to buy gold for the relative bargain price of $900 before it takes off? We’ll get to that in a moment, but let me mention first that loading up on gold when bullion is moving higher needn’t be painful and fraught with risk. Read More Focus on Trivia Hints of Downturn Statistical trivia has been garnering more than its fair share of attention lately, suggesting that stocks may be ready to head lower for a while, if perhaps only out of boredom. Read More Why China Loves Gold The Rick’s Picks chat room was abuzz yesterday with anxious talk about a possible $100 swoon in gold over the very near term. Fears may have been stoked by a subscriber whose predictions ... Read More
Saturday, June 6, 2009
Morning Briefing Begins Monday
– Posted in: FreeFor a two-week period beginning Monday (6/8) @ 9AM EDT, we’ll be looking to start the day armed with enough Hidden Pivots to tame and otherwise demystify the opening, especially in Gold and the E-Mini S&P. This is an offer you can tell your friends about, since the Morning Briefing will be open to all. If you don’t subscribe to Rick’s Picks, you can still sign up for the briefings by using a link embedded in the commentary I mail out free each morning. Click here to signup to receive the Morning Briefing links and my daily commentary.
