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Gold: Best Supporting Role In Economic Downturns? Think Again
Gold's safe-haven status is based on hype, not history

by Nico Isaac
3/8/2010 2:00:00 PM
Everywhere you look, from the Red Carpet to Wall Street, gold is definitely in "fashion." As for why, one word comes to mind: safe-haven. See, according to the mainstream financial experts, the more unstable the global economy, the greater the appeal for the precious metal. These two charts from EWI President Bob Prechter offer another perspective.
Filed Under: Precious metals, Gold, safe haven, bob prechter
Category: Precious Metals


Gold Prices In Free Fall: Safe Haven My Asparagus

by Nico Isaac
2/4/2010 2:30:00 PM
On Thursday, February 4, gold prices took a front-row seat on the Nosedive Express: In just two hours of morning trading, the yellow metal plummeted more than $40/ounce -- its fastest price drop in more than 14 months. As for why -- well, according to the mainstream experts, a slew of negative economic news took the wind out of gold's upwardly-mobile sails; namely:
Filed Under: Precious metals, Gold, yellow metal
Category: Precious Metals


Gold's $60 Free Fall: Does One Day A Trend Make?

by Nico Isaac
12/5/2009 11:00:00 AM
How many of you woke up on the morning of December 4 and thought to yourself, Today, gold prices are going to take a ride on the Nose-Dive Express? Specifically, the yellow metal was going to plummet more than $60, erasing one-seventh of its entire rally for all of 2009 in one single trading day.
Filed Under: Gold, precious metal, yellow metal, plunge
Category: Precious Metals


Copper: Red Hot. Red Metal. Redux (VIDEO)
Will the winning streak continue?

by Nico Isaac
11/2/2009 4:30:00 PM
It's official. Red Metal Fever is back as copper prices skyrocket to their highest level in over a year. And, as far as the mainstream experts can see, the frenzy surrounding copper amounts to a picture of bullish health. Here, these recent news items speak up:
Filed Under: Copper, metals, bull market, copper bull
Category: Precious Metals


If Stocks Tank Shouldn’t Gold Soar?
In a word: No.

by Jeff Reckseit
11/2/2009 4:15:00 PM

Large banks and more recently pension funds have suddenly become infatuated with gold.  They chant the mantras that gold bugs have known for years:  gold is a store of value; owning gold is financial insurance;  an ounce of gold will always buy a good suit.  The idea is that if the economy continues to weaken and share prices decline, a strategic allocation of the precious metal will hedge and offset some of the losses in the financial sector.

Filed Under: Banks, pension funds, Gold, Currencies, oil, Grains, Meats, softs, collectible cars, dollar rally
Category: Precious Metals


Is Gold The Bargain Of the Decade? This Chart Cuts To the Chase

by Nico Isaac
10/26/2009 3:30:00 PM

According to the usual experts, Gold is officially the eighth wonder of the world, with prices containing more upside potential than a World Series fly ball. One look at this riveting close-up of gold prices versus the purchasing power of the U.S. dollar since 1913 will put all of your answers to rest...

Filed Under: Precious metals, Gold, gold bull, gold bug, bob prechter
Category: Precious Metals


Gold: What's REALLY Behind the Record Rise, Bull or Bubble?

by Nico Isaac
10/12/2009 11:30:00 AM
Enter: the recent Gold Rush of 2009, where everyone from hedge funds to housewives now hustle to hitch their asset wagon to the rising gold star. Which begs this question: Which of the possible two scenarios are at work: B-U-ll Or B-U-bble? There's one SUREFIRE way to find out...
Filed Under: Gold, gold bull, Precious metals, bull market, safe haven
Category: Precious Metals


Cut The Bull: Is Gold A Safe-Haven Or What?

by Nico Isaac
8/14/2009 4:45:00 PM
Since always, the mainstream financial experts engage in what I like to call "Operation Cheap Suit." They "wear" certain ideas like secondhand clothes, carelessly taking them on and off as the occasion sees fit. Case in point: The disposable notion of Gold's safe-haven status.
Filed Under: Gold, safe-haven, Precious metals
Category: Precious Metals


What's the Story with Gold?
Do you really need a story?

by Jeff Reckseit
7/10/2009 4:30:00 PM

Tammy:  I've got my story;
George:  And I've got mine, too;
Both:      How sad it is, we now live, in a two story house.

                                    George Jones and Tammy Wynette.

Filed Under: Gold, Gold prices
Category: Precious Metals


Bob Prechter On Silver & Gold: "Precious" Insight

by Nico Isaac
6/8/2009 4:00:00 PM
In case you hadn't noticed: Over the past year of financial turmoil, the "safe haven" premium of precious metals has offered about as much support as a rubber ducky in a tsunami. Despite a string of powerful rallies, silver and gold remain well below their March 2008 peaks...
Filed Under: bob prechter, Precious metals, Gold, Silver, Gold prices
Category: Precious Metals


Does GOLD Equal Wealth Preservation?

by Nico Isaac
4/3/2009 5:15:00 PM
Question: How do you know when it’s time to buy gold?
Answer: According to the mainstream experts, it's when clouds of smoke start coming out of the Fed’s overheated bailout bazooka. In other words: N-O-W. Are they right?
Filed Under: Precious metals, Gold, yellow metal, safe-haven
Category: Precious Metals


In The Long Term: Will GOLD Keep You Safe?

by Nico Isaac
2/10/2009 4:45:00 PM

Mainstream financial wisdom states: He who invests in GOLD shall avert the pain of economic uncertainty and unrest. So, is there really a "golden" lining to the current economic crisis? Don't guess. Know...

Filed Under: Gold, Precious metals, safe-haven, recession
Category: Precious Metals


Gold: The "Safe Haven" That Never Was

by Nico Isaac
12/29/2008 3:00:00 PM
The list of 2008's Ten Biggest Financial Shockers is in. Topping the charts: The "bewildering" performance of Gold Prices. Get the full story today...
Filed Under: Gold, Precious metals, safe-haven
Category: Precious Metals


Arsenic And Old Base Metals: Next Victim, Copper (VIDEO)
Another successful example of contrarian approach to market forecasting.

by Nico Isaac
12/4/2008 5:00:00 PM

From its July 2008 all-time peak, copper prices have plummeted 60% -- leading the way in tthe worst base metals collapse since the Great Depression. As for seeing the red metal's reversal BEFORE it began, EWI's Senior Metals Analyst Mike Drakulich has the honor.

Filed Under: Copper, base metals, great depression, aluminum
Category: Precious Metals


GOLD: Not the "Safe Haven" You Think It Is

by Nico Isaac
11/17/2008 4:30:00 PM
According to mainstream economic wisdom, gold prices rise during economic downturns. By this logic, precious metals are set to become the most successful "recession/deflation" hedge in history. Or -- is it? The latest Elliott Wave Theorist has the answer no one else does...
Filed Under: Gold, Precious metals, safe haven, deflation hedge, deflation
Category: Precious Metals


(Update) Will GOLD Provide Shelter From The Storm?

by Nico Isaac
10/24/2008 4:15:00 PM
If ever there was a time for the “Safe-Haven” lure of precious metals to surface -- now, yesterday, even seven months ago when the Bear Stearns’ bailout launched the historic reshaping of Wall Street -- would have been it. Yet -- gold prices have officially entered bear market territory right alongside equities.
Filed Under: Gold, Precious metals, Commodities, yellow metal
Category: Precious Metals


Why Are Gold Prices Falling? Hint: It’s NOT Because Of the Dollar
Is there really a correlation between the U.S. Dollar Index & gold, and stocks & gold?

by Nico Isaac
10/15/2008 4:00:00 PM

Unless you're about 80 years old, the United States economy is undergoing the worst downturn in living memory. Yet -- from its March 17 record peak, GOLD prices have plummeted more than 20%. Two words: What "Safe Haven"?

Filed Under: safe haven, Gold, yellow metal, Precious metals, us dollar, dollar
Category: Precious Metals


Will Gold Provide Shelter From The Storm?
The not-so safety of “safe haven” thinking

by Nico Isaac
9/23/2008 5:00:00 PM

As the stock market continues its violent 400-point swings back and forth, one question floods the minds of investors across the country: Where is a secure place to park my money, besides the floor boards? And, like a broken record, the conventional wisdom repeats, “Gold, gold, gold…”  Are they right?

Filed Under: Gold, Precious metals, Bear Stearns, lehman brothers, AIG, safe-haven
Category: Precious Metals


Why Is Silver Falling? Hint: Look At Economy (Part II)
As it’s often the case with economic myths, the one about silver begins to show cracks once you look at some historic charts.

by Vadim Pokhlebkin
9/18/2008 11:00:00 AM

Gold and silver are traditionally considered to be a hedge against bad economic times. Put another way, precious metals go up when the economy goes down – or so says the conventional wisdom. But, as it’s often the case with various bits of conventional economic wisdom, this one also begins to show cracks the moment you look at some historic charts...

Filed Under: silver elliott forecast, lehman bankruptcy, why is silver falling
Category: Precious Metals


Silver Elliott Forecast Says 'Watch Out!'
Precious Metals Special: Part One

by Nico Isaac
9/15/2008 9:30:00 AM

News Flash: From their March 17 peaks, Gold has plunged 27% to a one-year low, while silver has lost nearly half its value in a violent selloff to two-year lows. While a bearish bullion forecast was entirely "alien" to the mainstream experts back in March, it was every bit familiar to Elliott Wave International's team of analysts...

Filed Under: silver elliott forecast, Silver, Precious metals, Gold
Category: Precious Metals


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.