Author Archive

Is it Too Late to Catch the Gold Wave?

By Tom Power • Sep 7th, 2011 • Category: Broker Commentary, Market Updates

by Tom Power Gold continues to move higher, reaching another record high above $1,900 an ounce Tuesday, September 6, after the Labor Day holiday break. In the past four months, gold has rallied more than $450 an ounce. While many investors and traders are reluctant to jump in and purchase gold at these levels, I [...]



The Gold and Silver High

By Tom Power • Apr 15th, 2011 • Category: Broker Commentary, Market Updates

by Tom Power  Gold and silver continue their bullish ways, with gold reaching a new all-time high of $1,486 an ounce and silver a 31-year high of $42.57 an ounce on Friday, April 15, 2011. If you haven’t been involved in the metals markets over the last few years then you’ve missed out on some [...]



5 Reasons Gold Hasn’t Topped

By Tom Power • Aug 17th, 2010 • Category: Broker Commentary, Market Updates

by Tom Power Gold has been in a bullish trend this year, up about 12 percent year-to-date. I think the price of gold is likely to hit $1,300 in the next six months as there are many reasons investors find owning gold attractive. 1. The U.S. Dollar is Falling Investors no longer seem worried about [...]