I have a confession to make: at times, I am fascinated by numbers. Perhaps this is just a carryover from looking at too many stock charts, racing forms, or both. What do the Coronavirus and COVID-19 numbers tell us so far?
Investors turn to hard assets, particularly gold and silver, when they start to question or lose faith in paper assets such as stocks and bonds. This has been the case in the past, and it is so once again today. We think the next level for gold is this price.
With the gold index looking to test the 280 level again, is it time, once again, to place the same “faith and trust” in the “the charts and buy into gold stocks? Let’s take a look.
Ever wonder how a technical analyst looks at chart? In today’s column, John Top explains how he views charts, using the price of gold as an example.
Is it time to finally buy gold stocks? John Toporowski gives his view on where gold stocks might be headed and where the new trend is after 6 long years.