5 words of wisdom for trading metals
One of the questions we hear most often is, “What does it take to be a successful trader?” George Gero shares five tips for success in this preview to May's Trading 101 article.
Oil balancing weakening demand with accommodative policies
So the battle between a weakening oil demand picture versus the support coming from the very accommodative monetary policies in the developed world economies continues with the winning side flip flopping back and forth.
Sales of previously owned U.S. homes climb to three-year high
Sales of previously owned U.S. homes rose in April to the highest level in more than three years as housing continued to gain momentum.
Important breakout in the Dow-to-gold ratio and its implications for gold
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.