Assurance Trading Gold Industry Blog

Congratulations investors. The Dow has hit 10,000 on October 14th, 2009. You now have made officially 0% return if you invested in this index when the Dow first hit this magical level in 1999.  Meanwhile the rest of the world,  simply wants to avoid being duped. That is why China and Russia—large holders of dollars—are [...]

Yes friends, the $1,100 an ounce mark looms ominously and I believe that this will be a big psychological barrier for investors. If or when we break through the $1,100 an ounce price level, you can expect Gold to be on the minds and in the mouths of just about every individual trader and [...]

This breakout is the real deal and the pathetic action of the US Dollar Index supports our view. Rather than rally, the American currency has embarked on another southbound journey and this is extremely bullish for gold. Furthermore, the recent zoom in silver and the precious metals mining stocks is additional evidence [...]