Technician Alan Newman: Gold Is Ready to Launch
Also, Ryan Puplava with the Market Wrap-up and Rob Bernard with the Fixed Income Report
Jim is pleased to welcome back technician Alan Newman this week. Alan believes that gold will likely take out its old highs, and his price target for gold is $2,500 oz. As to future Federal Reserve action, Alan sees QE3 coming, to be followed by QE4, QE5 etc. Also in this segment, Ryan Puplava looks back at this week in the markets, and Rob Bernard discusses the interest rate environment in the Fixed Income Report. Jim also will answer some of your Q-Calls this segment.
Ryan joined PFS Group in 1995. He is Senior Trading Manager and works closely with Jim Puplava on PFS Group's Growth investment objective. He also contributes a monthly Market Observation to Financial Sense and co-authors In the Know—a weekly communication for Jim Puplava's clients only—with other members of the trading staff.
Alan M. Newman, the Editor of Alan M Newman's Stock Market Crosscurrents, was born on June 24, 1940 in Brooklyn, New York. Mr. Newman has formerly enjoyed careers in acting, computer programming, game design and real estate and currently resides in Nassau County, NY, where his recently retired wife Ali received a Doctoral degree in Literacy Studies.
Rob joined PFS Group in 2011 as an independent broker. With over 30 years of experience in the investment management industry, Mr. Bernard's expertise includes: Income strategies, diversification strategies, specialized high-level corporate executive strategies, particularly with SEC Rule 144-related services, long-term care insurance and variable annuities.