Monday, June 07, 2010



Mark Gordon looks back ten years and compares the price action of gold and stocks and comes up with a clear winner. This is important information you need to know. With the Euro collapsing along with the sovereign debt of entire nations, you need to protect yourself for the possible downfall of your home currency. Find out what is a better "store of value," gold or stocks - also find out what asset class has gone up 20-25% over the last 10 years.

Saturday, June 05, 2010



The price of gold has gone up over 400% in the last ten years. As governments around the globe continue to prop up and bailout everything they can, this will eventually lead to terrible inflation which will greatly benefit gold and could destroy the purchasing power of paper currencies. Gold and other precious metals have been "insurance" against monetary devaluations throughout history.

Friday, June 04, 2010



Mark Gordon looks at the health of the new rally that began on June 2nd 2010. The markets began their first day of an "attempted rally" on May 25th when the Nasdaq reversed and closed 3.3% off its lows for the day. On Day 2 the Nasdaq finished lower, but on Day 3 the index jumped 3.7% but the move came a day too soon to be counted. We start looking for "confirmation" on or after Day 4. Confirmation comes when a major index (Dow, Nasdaq, S&P 500) jumpes 1.7% or greater on a pickup in volume. This happened on Day 6 when the Nasdaq gained 2.6% on a slight increase in volume.

Today, Friday Jun 4th, the Nasdaq suffered a "distribution day" or a down day on a pickup in volume from the previous session. This is a sign that institutional investors are dumping stock and does not bode well for this fledgling rally. There are "monster" leaders like AAPL, BIDU, SNDK, NFLX that are holding up well however. This still gives us hope that this rally will take hold. The next few days and weeks will be telling.