GOLD: Not the "Safe Haven" You Think It Is

U.S. Dollar vs. World: Why So Strong?
"There are lots of currency-pair movements that don't make sense."

Conventional assumptions about market drivers don't work – despite what you hear on the six-o'clock news. In fact, if there is one central point in the Elliott wave-based view of the financial markets (and the society at large), it is precisely this: Events outside the markets have NO trend-forming influence. Don't believe us? Explain this, then...

(Update) Will GOLD Provide Shelter From The Storm?

Why Are Gold Prices Falling? Hint: It’s NOT Because Of the Dollar
Is there really a correlation between the U.S. Dollar Index & gold, and stocks & gold?

Unless you're about 80 years old, the United States economy is undergoing the worst downturn in living memory. Yet -- from its March 17 record peak, GOLD prices have plummeted more than 20%. Two words: What "Safe Haven"?

Euro Vs. Dollar: In a Freefall
Who would have though the dollar would GAIN with these stories in the news?

You can't look at this week's action in the U.S. dollar without having your jaw drop. We've already commented on the greenback's stunning strength recently despite several major "fundamental" factors that should have sent it crashing. Here's just a quick list:

Will Gold Provide Shelter From The Storm?
The not-so safety of “safe haven” thinking

As the stock market continues its violent 400-point swings back and forth, one question floods the minds of investors across the country: Where is a secure place to park my money, besides the floor boards? And, like a broken record, the conventional wisdom repeats, “Gold, gold, gold…”  Are they right?

Silver Elliott Forecast Says 'Watch Out!'
Precious Metals Special: Part One

News Flash: From their March 17 peaks, Gold has plunged 27% to a one-year low, while silver has lost nearly half its value in a violent selloff to two-year lows. While a bearish bullion forecast was entirely "alien" to the mainstream experts back in March, it was every bit familiar to Elliott Wave International's team of analysts...

Gold: NOT The “Safe-Haven” You Think It Is

Commodities Go Kerplunk: Why Are Prices Falling?

Will Tonight Be A Historic Night for Silver?
Why EWI's Senior Metals Analyst says "I am glued to my computer."

EWI Senior Metals Analyst Mike Drakulich published the following urgent message to his Metals Specialty Service subscribers at 8:57 p.m. Eastern time Thursday, Aug. 14. Since then, he has added multiple chart-filled intraday updates, including detailed near-term forecasts for gold and silver.

Gold at $801 (Video): Why Is Price Falling?
Is the rally in the dollar the only reason for the decline in gold and silver?

On August 12, gold and silver hit the lows they've not seen in almost a year: Gold dropped to a low of $801 an ounce in the intraday trading, and silver fell towards $14. Why? Watch this free video for an Elliott wave perspective.

U.S. Economy's Mascot: Grizzly Bear

08.08.08: The long-awaited Summer FINANCIAL Olympic Games has begun. Hosted by the August 2008 Elliott Wave Financial Forecast, this event showcases the world’s leading economic athletes as they compete in the race toward opportunity. Here are just a few of the event’s most show-stopping details: 

Will GOLD Provide Shelter From The Financial Storm?

Free Week Is Over, BUT... The Opportunities Have Just Begun

On Wednesday, June 25, Elliott Wave International completed its annual Financial Forecast FreeWeek event.

Gold In A Freefall: Make-Or-Break Time

On June 20, Elliott Wave International’s Metal's Specialty Service gave the GOLD “Bears the benefit of the doubt” and increased the odds for a major “breakdown.” Flash ahead to Monday June 23 and behold: Gold prices dropped like a lead balloon… tied to the end of a falling meteorite in a $30 per ounce slide to fresh, one-week lows.

Flailing For Answers About Gold: Does Anyone Know Anything?
When one explanation fails, just reach for another. Now that's science.

Everyone's scratching their heads lately at the news. In a first-season episode of The Sopranos that aired almost nine years ago, Tony Soprano's pronouncement that "Nobody knows anything!" still resonates. Anyone listening to the media and expert analyses has heard it all -- Gold's been a hot topic for months now. But who's got it right really?

Gold Prices: How Low Will They Go?

Over the last few months, a “perfect (fundamental) storm” for rising gold prices has raged across every financial thoroughfare from Wall Street to Sesame Street. Yet -- the yellow metal has been about as airborne as Big Bird, the giant yellow condor that can’t fly...

VIDEO: "Gold, Silver: Expect A Bounce, Then – A Devastating Decline"
It's been exciting to watch Gold and Silver follow Elliott wave-based forecasts so precisely.

It's been exciting to watch Gold and Silver, two of the many markets editor Mike Drakulich covers in his Metals Specialty Service, follow his forecasts so precisely over the past month or so. Just watch this video Mike recorded on April 23, for example -- it will "blow your socks off," as Mike puts it.

3 Ways to React to the Price of Gold

One reaction to the high price of gold is to find a way to turn old dental work with gold into money. But wouldn't you rather have a useful forecast for gold first before you ask your dentist to give you back that old gold crown?

VIDEO: Silver Frustrates Market Participants
Wouldn't investors feel less frustrated if they looked at the right causes for market behavior?

Most of the conventional financial analysts remain convinced that what moves market prices are "outside drivers": the Federal Reserve, interest rates, supply, demand, oil prices, you name it – anything BUT the actual collective mindset of traders and investors. Is it any wonder that when none of the "reasons" explain the trend, they feel frustrated?