Gold Stock Bull

Gold, Silver and Energy Investment Strategies. Analysis of gold stocks, silver stocks and alternative energy stocks.

October 2nd, 2006

Videos from Denver Gold Forum

denver_gold_forum.jpgThe Denver Gold Forum was held from September 24-27 and hosted executives from the world’s top miners. The Gold Forums are invitation only events designed to provide sell-side mining analysts and buy-side investors with complete exposure to the global precious metals mining business. There is a plethora of valuable investment information in these videos. Plus, you should be getting sick of watching the Chris Wallace/Bill Clinton clips being looped over and over on the news by now ;)

You can select the miner you are interested in and view their presentation by clicking this link: Denver Gold Forum Videos.

October 2nd, 2006

Gold Stocks and Elliott Waves

Ralph Nelson Elliott, a professional accountant, developed a financial market model that he called The Wave Principle. He published his views of market behavior in the book The Wave Principle (1938), and in a series of articles in Financial World magazine in 1939. Elliott proposed that market prices unfold in specific patterns that he called waves. The wave principle begins with the premise that collective investor psychology (or crowd psychology) moves from optimism to pessimism and back again. These swings create patterns, as evidenced in the price movements of a market and clearly demonstrated in the dramatic swings of the gold and silver markets.

In 1946 Elliott published his final major work, Nature’s Law, which “includes almost every thought Elliott ever had concerning the theory of the Wave Principle.” Elliott believed this law to be “the secret of the universe,” and said that “because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable.”

Read the rest of this entry »