Sentences with phrase «term gold bull»
Not exact matches
Rogers is a long - term bull on gold but and doesn't think the sell - off is over.
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We expect bullish momentum to carry gold ETFs substantially higher, both in the short term and intermediate - term, but we plan to sell DGP into strength before the first correction occurs, then look to re-enter after it forms a bull flag or a base of price consolidation.
Despite the recent price action, bulls still believe the intermediate — longer term trend in the dollar is still lower, and that the recent strength in the greenback will reverse and fuel a rebound in gold.
Gold (FOREX: XAUUSDO) now has three green Trade Triangles indicating that it's ready for the next upward leg in this long - term bull market.
1) The start of the 11 - quarter bull market 2) The RSI indicator moves to its highest levels in 3 years 3) Gold is 2 quarters into a long - term bull market
We are not perma - bulls and do not consider ourselves «gold bugs», we simply see market conditions as bullish for gold in the longer term.
In particular, in gold terms silver is now almost as cheap as it was in early - 2003 (2 years into the most recent previous bull market), which means that it is close to its lowest price of the past 20 years.
The following monthly chart shows that relative to a broad basket of commodities *, gold commenced a very long - term bull market (47 years and counting) in the early - 1970s.
Given that there are good reasons to expect gold to resume its long - term bull market in the not - too - distant future, why do so many bullish gold analysts argue their cases using the equivalent of fairy stories?
Domino # 2: In a long - term bull market until October 2012, gold has been variously viewed as the «barbarous relic,» the only «true» currency and the ultimate «safe haven» against both currency collapse and runaway inflation....
As long as central banks around the world continue to print money and expand their balance sheets gold and silver will remain in a long - term bull market.»
Vermeulen argues regarding gold and silver (SLV) «the intermediate to longer term it is unlikely that we have seen the highs of this bull market for either metal.
As long as central banks around the world continue to print money and expand their balance sheets gold and silver will remain in a long - term bull market.»
As far as long - term investors are concerned the gold story is therefore a simple one: gold will be in a bull market when confidence in the financial establishment (money, banks and government) is in a bear market and gold will be in a bear market when confidence in the financial establishment is in a bull market.