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The Aden Sisters on Gold: 'Stay with the Mega-Trend'

gold bars"Gold rises with inflation and in times of crisis, like we have today; and, as a result, many countries are buying gold," says Mary Anne and Pamela Aden.

The long-standing resource sector expert and co-editors of The Aden Forecast explain, "They know it's the ultimate currency and gold is again taking its place in the global monetary system, as it has for thousands of years.

"The actions of the world's central banks tell the story. At the very least, this is going to keep upward pressure on gold in the years ahead.

Continue reading The Aden Sisters on Gold: 'Stay with the Mega-Trend'

Adens Sisters: Precious Metals and Resource Currencies

gold coin"Gold surged to a record high; and it's not just gold; silver, the other precious metals, and the resource currencies have all been swept up in the bubbling rise," note resource sector specialists Mary Anne and Pamela Aden.

The sisters and co-editors of The Aden Forecast explains, "The gold price is now very strong in a renewed leg up in the bull market by staying above $1240.

"Gold's next target is the $1300-$1350 level. Silver is impressive; its jump up in the last three weeks may be the start of a super rise.

Continue reading Adens Sisters: Precious Metals and Resource Currencies

Options Update: iShares Silver Trust Volatility Flat, Shares Near Two-Year High

iShares Silver Trust (SLV) is recently down 18 cents to $18.20 in pre-open trading. Silver futures are recently down 0.50% to $18.62, according to Bloomberg. SLV July option implied volatility is at 34, October is at 36; near its 26-week average of 35, according to Track Data, suggesting non-directional price movement.

iShares COMEX Gold (IAU) closed at $12.11. Gold futures are recently up 0.06% to $1239.40, according to Bloomberg. IAU overall option implied volatility of 20 is near its 26-week average of 21, according to Track Data, suggesting non-directional price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com
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Golden gains ... and a silver lining

"Gold and silver have taken the limelight," says Mary Anne and Pamela Aden, adding "Gold looks ready for take off and silver is poised to outperform gold."

In addition, Doug Fabian is a fan of silver. In Making Money, he suggests, "When inflation threatens, silver offers a safe haven; even when inflation worries subside, silver still retains appeal due to its many uses."

We begin with the Adens; in their The Aden Forecast, they explain, "Technically, gold's 'C rise' is off and running and the triangle it's formed has clearly broken to the upside, with gold recently closing at a three month high today.

Continue reading Golden gains ... and a silver lining

Top timer's upside targets: Stocks, oil, gold & silver

Using a proprietary "volume reversal" trading strategy, Mark Leibovit has been consistently ranked among the top newsletter timers. In his VRTrader, he looks at the outlook for stocks, oil, gold & silver -- and offers his choice for exchange-traded funds for traders to play these markets.

Leibovit explains, "The stock market's decline, besides being huge, is relentless. Every rally was met with selling and fresh lows were soon hit. The Dow crashed through the March and January lows and is now trading at its lowest level since September 2006.

"Apparently, that 1500 point rally off the March low was just a giant head fake. The Dow is now down 19% since last October and the S&P is down 18%, approaching bear market territory."

"Breadth is dismal, and down volume is ten times greater than up volume. Sector action is terrible. Seven of the nine market sectors are down more than 2.5%. Ouch! Financials have done it again and have set a new five-year low. Oil spiked through previous records setting a new record high.

"The precious metals also showed strong gains today with gold up 32.80 to 915.10. We cleared the June 9th high of 907.20 touching 909.50 opening up potential to 931.00 (May 21 high).

Continue reading Top timer's upside targets: Stocks, oil, gold & silver

Aden sisters: Outlook on gold

"Keep your gold for the long-term; it's today's best investment," says Mary Anne and Pamela Aden in The Aden Forecast. "Despite normal ups and downs, we strongly believe you'll be glad that you held hold onto your gold."

"Gold, silver and most of the gold shares are about the only markets to show gains so far this year. Everything else is down, and in many cases down sharply. Gold has recently been hitting new, or multi-year highs against the euro, the Dow Industrials, bonds and oil.

"In other words, it's stronger than these other markets. Gold is outperforming them and the percentage gains are greater in gold compared to all of the other markets.

"Simply put, gold is where you want to be. Silver is good too. These are the best markets. That's why we've consistently stressed keeping a large part of your investments in gold, silver and their shares.

Continue reading Aden sisters: Outlook on gold

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 08:16 AM

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