Author Archives: pmontesdeoca

Follow the Trade, Silver with Steve Roy 11-16-12

Global Investment In Exchange-Traded Gold Funds Jumped 56% From The Prior Year


“We have a system that increasingly taxes work and subsidizes non-work.” Milton Friedman

The last World Council Gold report published on November 15, indicated that the global demand for gold weakened in the third quarter. As a result, the price of the yellow metal fell 1% after Thursday’s announcement.

Selling sentiment in gold keyed off “a weak demand summary from the World Gold Council partly influenced by very tough year-over-year comparisons to the big run-up in gold demand associated with the U.S. budget fiasco in August 2011,” said Steve Roy, Chief Technical Analyst for Equity Management Academy.

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Follow the Trade Silver with Steve Roy 11-12-2013

SOCIALISM AND DEBASEMENT OF CURRENCY

Follow the Trade – Silver with Steve Roy 11-2-2012

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