Gold

2011-11-16, Teeka Tiwari

The dark horse in all of this continues to be gold.
But I'll make it really simple: If gold sells off on a spike up in the dollar and we see a pull-back into the $1,600's, I think it’s a buying opportunity.

2011-12-23, Peter Brandt

Gold could be heading to substantial new all-time highs.
I could be long next week — another idea precious metal bulls cannot quite grasp.

2012-02-01, Teeka Tiwari


Back on December 14th 2011 I recommended buying physical gold in three blocks if we saw a pull back to $1550, $1,500 and $1,480 respectively.  We got as low as $1,523, which would have allowed a partial position to be put on.

I followed up that article with another suggesting that you might want to take profits at $1,675 to $1,700.  So far it looks like I was a little conservative, considering that gold is now at $1,750!

In my opinion, all of this is already in the market, and physical gold now looks like it will cap out over the short term at about $1,765 and then experience a pullback to the $1,685 - $1,700 level.  Down at that level, I think you can look to be a buyer again.