By Jason Hamlin, on March 26th, 2008
I was about a week too early in predicting the sell-off in precious metals, but it certainly materialized as we witnessed gold lose $100 (10%) and silver lose $3.50 (17%) in just 48 hours. It looked like a manufactured event by commercial traders (mostly big banks) to take advantage of technical investors, liquidate their [...]
By Jason Hamlin, on March 19th, 2008
Most investors have some sort of trading strategy, whether it be complicated transactions involving swaps and straddles, computerized technical set ups or simply following the whatever Jim Cramer has to say in a particular day. Speaking of the madman, did everyone catch his latest advice to “stay with Bear Stearns” right before the [...]
By Jason Hamlin, on March 15th, 2008
It was a glorious thing to behold gold breaking into 4-digit territory. But this glory was tempered by the unsettling feeling of watching the stock market tank and the dollar continue to spiral into the abyss of worthlessness. Gold investors will weather the storm, but it will be painful to watch the middle-class [...]