Archive for April, 2008

Analysis of the US Dollar and Gold Stocks

Submitted by Gold Stock Prophet Blog
Gold dropped about $26.00 dollars an ounce this week, and gold stock fared even worse, with the XAU losing 6.6% for the week. In the previous post I wrote on Tuesday, I said that an explosive move was likely due. Hopefully, from what I have been writing recently, you were [...]

A Brief Look at Bollinger Bands

Submitted by Gold Stock Prophet Blog
The following chart shows a gold index called the Dow Jones United States Precious Metals index, (DJUSPM). The index has a different gold stocks composition than the HUI or XAU Indices, and, as such, can sometimes give you a different perspective.

The main point in the above chart is that this [...]

A Look Back at Gold

Submitted by Gold Stock Prophet Blog
Gold dropped about $12.00 this week, while gold stocks and silver fared slightly better. In this post, I am going to reexamine the charts that I posted two weeks ago, since I believe that post explains most of what happened this week.
The first chart we have is a daily candle [...]

The HUI Index and US Dollar Index

Submitted by Gold Stock Prophet Blog
Gold and gold stocks were more or less unchanged for this past week. In the last two posts, I said that I was getting mixed messages from the charts I analyze, which seems to make sense now, as the bulls and bears are at about equal force.
I doubt, however, that [...]

Interesting ETFs

Submitted by Gold Stock Prophet Blog
In this post, I thought I would discuss some neat new investment products that I have recently come across. The first one is a product you may have heard of. It is called the Uranium Participation Corp, and, according to their corporate website, the fund’s objective is to:
invest substantially all [...]

Gold, Swiss Franc, and Vix

Submitted by Gold Stock Prophet Blog
Gold started the week with very little strength, but firmed up towards the end, closing down only about 2.5% for the week. I mentioned in the last post that I was getting mixed signals, and I was not confident of which direction gold would pursue.
Since it is not always possible [...]