The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
Subscribe to the Flinchum File
View Archives

Gold Reflections

06/26/2014

After a ten year bull market, gold has been leaking value for the last three years.  However, technical analysts think it may be getting ready for another bull run, because it is pushing up against the red resistance line in this graph.

Chart of the Day
To a fundamental analyst like myself, I see the recent strength in gold as a normal reflection to increased anxiety in Iraq . . . and in Syria . . . and in Iran . . . and in Jordan . . . and in Lebanon . . . and in . . .

We are a fee-only advisor providing best interest fiduciary services to clients
in Chesapeake, Newport News, Norfolk, Suffolk, Virginia Beach, Williamsburg, and the surrounding areas of Hampton Roads.

CONTACT BAY CAPITAL ADVISORSWe Will Respond Promptly

Contact Us Bottom