$GLD Hitting ~6-Year High, But… #HighLowFriday pic.twitter.com/O5WHGzyQ3e — Dana Lyons (@JLyonsFundMgmt) January 31, 2020 Today’s Chart of the Day was shared on Twitter by Dana Lyons (@JLyonsFundMgmt). It’s a line chart of the Gold ETF, $GLD, since 2011. $GLD and Gold Futures closed at their highest level in over 6-years today. While new highs are […]
Chart of the Day – Thursday, January 9th, 2020
#Gold and the Japanese #Yen share very similar safe haven characteristics. pic.twitter.com/kgIzwoQQR5 — jeroen blokland (@jsblokland) January 9, 2020 Today’s Chart of the Day was shared by Jeroen Blokland @jsblokland. The chart compares the performance of Gold and the Japanese Yen ($JPY/USD) over the past six years. Due to the safe-haven characteristics of these assets, there […]
Chart of the Day – Friday, January 3rd, 2020
Not a bad move on gold this week. Needs to take out the multi-year high at $1566 though. pic.twitter.com/cKKkcaqj8L — Mike Zaccardi, CFA, CMT (@MikeZaccardi) January 3, 2020 Today’s Chart of the Day was shared on Twitter by Mike Zaccardi (@MikeZaccardi). It’s a weekly candlestick chart of Gold futures over the past three years. 2019 […]
The Big BAANG
John Roque of Wolfe Research recently made an appearance on CNBC’s “Squawk Box” to share his thoughts about the breakout in precious metals. In the segment, he argued that Gold Mining stocks were a better play than the beloved mega-cap FAANG names (Facebook, Amazon, Apple, Netflix, Google). He coined the term BAANG to represent a […]