Author Archives: pmontesdeoca

MARKET WEEKLY SCAN FOR OCTOBER 5, 2012

By Patrick MontesDeOca

Let’s take a look at the charts and see what the technical picture is indicating for the near-term price outlook. The yellow metal closed at 1785 for the week. With the price closing above the 61.8% Fibonacci target of 1782, it projects to next challenge the September 2011 highs of 1934.6 as the next objective.

The gold market had a quiet week. It appears the price rally in anticipation of the QE3 announcement by the FED’s is digesting and consolidating the inflationary consequences of Mr. Bernanke announcement that $40 Billion will be committed on a monthly basis as required by the economy and the unemployment indicators. With the unemployment level falling to 7.8% from the 8.1% previously announced monthly record, the gold market was unable to gain enough muscle to close above the 1800 levels on a weekly basis and some profit taking came in near the highs for the day ending the week on a positive note.

John Embry From Sprott Asset on The Metals 9-28-2012

Have We Reached A Short Term Top In Gold And Silver?

by Patrick MontesDeOca

The reaction of the gold market after the last FOMC announcement was somewhat of a surprise. Most market participants were looking for an explosive upside move to follow through after the Fed’s decision. Instead, the market might have gotten ahead of itself in anticipating and discounting the long awaited announcement from Mr. Bernanke regarding QE3. Currently, the price is consolidating and processing this information before the next big move from current levels….Click HERE to read more

Equity Management Academy proudly presents an exclusive LIVE interview with John Embry, Chief Investment Strategist from Sprott Asset Management.

Equity Management Academy proudly presents an exclusive LIVE interview with John Embry, Chief Investment Strategist  from Sprott Asset Management.

John Embry joined Sprott Asset Management LP as Chief Investment Strategist in March 2003. He plays an instrumental role in developing the corporate and investment policy of the firm. John, an industry expert in precious metals, has studied the gold sector for over thirty years and has accumulated industry experience as a portfolio management specialist since 1963.

We’d like to invite you to this LIVE RADIO Interview with John Embry, on September 28, at 1:30 PM (EST) on TRADING TALK RADIO. He will be interviewed by Patrick MontesDeOca, Director of the CMT Group and sponsored by ema2trade.com “Preserving Wealth Through Education”.

Get John Embry’s take on:

WHERE IS SILVER HEADED FROM HERE?

WILL THE U.S. ECONOMY “FALL OFF THE FINANCIAL CLIFF?”

WHAT WILL THE OUTCOME OF THE ELECTION DO TO THE PRICE OF GOLD?

HOW IS THE MIDDLE EAST CRISIS GOING TO AFFECT THE PRICE OF GOLD?

You can sign up here.

“The reaction of the gold market after the last FOMC announcement was somewhat of a surprise. Most market participants were looking for an explosive upside move after the Fed’s decision. Instead, the market might have gotten ahead of itself in anticipating and discounting the long awaited announcement from Mr. Bernanke regarding QE3. Currently, the price is consolidating and processing this information before the next big move from current levels”. PM Seeking Alpha

John and Patrick will be fielding questions from listeners too!

Reserve your space and submit your questions for the September 28 interview with John Embry now:  HERE

And while you are at it, gohereand listen to Bond Prices Collapse and Gold Explodes!Silver!  

This weekly update by, Patrick MontesDeOca Director of the CMT Group, can take your investment perspectives (and most likely, profits) to the next level.

We could be looking at a series of explosive Life-changing/Wealth – building events…dead ahead!

Want exposure to Alternative Market Intelligence? Sign up for our FREE weekly updates here:  http://www.preciousmetalinformation.com/subscribe/

Don’t forget…spots for Patrick’s Interview with John Embry are going quickly.  Sign up here now. We will send you an email reminder the day before and the day of (Sep 28) this exciting Online/Radio interview.

Beware and Prepare!

Be sure to attend with John Embry and Patrick MontesDeOca on Friday, September 28 at 1:30 PM (EST). YOU WON’T BE DISAPPOINTED!

Bonds Collapse and Gold Explodes; Weekly Gold and Silver Report for September 14, 2012

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