Archive for February, 2010
New Video: Making Sense of Today’s Gold Market
It’s been about eight days since we did a video on gold, and given the market action today we thought we would look at what is causing the downward pressure in this market.
If you did not watch our last video on gold, we strongly recommend that you watch the video titled “Five Reasons Why Gold Will Not Make a New High This Time” as it will give you a bigger picture of how we see this market playing out in the next 12 months.
In today’s short video we look at an indicator that we have not talked about before in any of our videos. The indicator, which is an overlay on top of the chart, is called the Donchian Channel Indicator.
Richard Donchian, who has since passed away, came up with this indicator in the late ’40s. The reason why we like this indicator is the fact that it has successfully stood the test of time. We think you’ll really enjoy seeing how it can help you make money in the gold market.
Also in this video, we point out one very important cycle that is in play now and where I think the next tradable low is coming into this market.
As always our videos are free to watch and there are no registration requirements. We would really like to hear back from you, with regards to your thoughts on the gold market, so please feel free to leave a comment.
New Video: Looking At Silver for All the Wrong Reasons
Late in 2009 a lot of folks began asking us about buying silver instead of gold. At the time, we stated exactly how we felt, in that, why would you try to buy something that is not in the same league as gold? The two markets are completely different and are driven by a different set of emotions and fundamentals.
This is the first video that we have done on silver in quite some time, but we think it’s an important one for you to see.
One of the standout features that I noticed was the fact that when gold was making new all time highs in early December, silver failed to take out the March 2008 high. I consider this to be a negative.
In this short video you will very quickly see how we feel about silver and how you can benefit from looking at this market from a different perspective.
As always our videos are free to watch and there are no registration requirements. We hope you find this video both informative, educational, and enjoyable and that you have time to leave a comment.
Good trading,
The Stock Market Club