LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold Seeker Report: This Week in Mining Issue #14: A Quiet Week on the Mining Front
By: Chris Marchese, Chief Mining Analyst at

Getting Positioned for the Worst Depression in the History of the World...
By: Clive Maund

Precious Metals Hit Resistance
By: Jordan Roy-Byrne

COT Gold, Silver and US Dollar Index Report - May 22, 2020

Gold Mid-Tiers’ Q1’20 Fundamentals
By: Adam Hamilton, CPA

What re-opening success or failure means for metals
By: Richard (Rick) Mills

Why Silver Stocks Should Be on Investors' Radar
By: Clive Maund

Precious Metals Update Video: Finally got the corrections in metals from overbought terrirtory
By: Ira Epstein

Silver Springboards Higher – What’s Next?
By: Stefan Gleason

Gold: Attack warning yesterday
By: Gary Savage


GoldSeek Web

Gold's New Friend: The Swiss Franc!

 -- Published: Tuesday, 20 January 2015 | Print  | Disqus 

Graceland Updates

By Stewart Thomson


1.    While I predicted a huge rally in gold would usher in the new year of 2015 in a spectacular way, the top bank economists have failed again. 

2.    Most of them predicted, “No rally for gold!  Their dire predictions in 2014 all failed to materialize, and this year they are off to an even worse start. 

3.    The bank economists, quite frankly, look ridiculous.  They clearly need to reset their thinking about the powerful demand coming from billions of Chinese and Indian citizens, or they risk turning themselves into clownish figurines.

4.    The daily chart for gold looks spectacular.  Please click here now. Note all the buy-side support lines that I’ve highlighted on this chart.

5.    For another look at that daily chart, please click here now. Note the green trend line.  The breakout above that line will attract a large number of technicians and momentum-oriented hedge funds.

6.    The commercial traders are shorting gold into this strength, but I suspect they may end up booking heavy losses on this trade.  They don’t lose often, but they appear to be in some serious trouble here.

7.    Please click here now. Chinese hedge funds have emerged as a new potential threat, to the Western bank dominance of the world’s metals markets. 

8.    It’s impossible to know if these giant Chinese funds are running long gold/short copper trades of size.  If they are, the Western banks may decide to fold on their short gold positions, rather than risk even bigger losses.

9.    Gold is up again this morning, as Indian wedding season has fuelled what the media is rightfully calling “frantic buying”.  Please click here now.

10. Chinese New Year buying is also extremely strong.  I was a buyer of fine 24 carat jewellery yesterday, from my favourite Chinese jeweller.  The mood in the store was jubilant.

11. A third force that is bullish for gold has unexpectedly appeared, which is the Swiss franc’s mauling of the US dollar.  The franc has a stellar track record of being a hard currency, and a key lead indicator for the price of gold.

12. Please click here now.  That’s the monthly chart of the dollar versus the franc.  The dollar has essentially imploded. 

13. Entire brokerages and funds have been destroyed, as the dollar has gone into “meltdown mode” against the franc.  As painful as it’s been for these dollar bugs, I think there’s much more pain to come.  Here’s why:

14. There’s a massive sell signal on the 14,3,3 Stochastics series on that monthly chart.  The dollar has already tested its 2011 lows against the franc, and I think it’s going to break them.

15. Mainstream media continues to boast of a “dollar bull market”, but against the gold-related currencies, the dollar is collapsing.  Please click here now. Double-click to enlarge.  That’s the weekly chart of the Indian rupee against the dollar. 

16. There’s a massive inverse head and shoulders bottom pattern in play, and most indicators and oscillators are flashing beautiful buy signals.  I’m predicting the rupee will become the most powerful fiat currency, in the history of the world.  The dollar might be able to put a “whuppin’” on a reincarnated Greek drachma, but against the franc and the rupee, it looks ready to incinerate.

17. Most of the emails I’m getting from the global gold community are generally bearish.  That tells me that the rally in gold can become much stronger than it already is.

18. My suggestion to the struggling bears is to throw in the towel, and book a plane ride to India.  Most Western gold bears probably need to experience Indian gold demand firsthand, to understand its titanic power.

19. How can anyone be gold-bearish now, against the background of Indian wedding season, Chinese New Year, and the franc’s mauling of the dollar?

20. Over the past few months, truly enormous volume has appeared in many key gold stocks.  Please click here now.  That’s the GDX daily chart.  I love the price action.  It’s solid.  Also, the ascent is made for Goldilocks; not too slow, and not too fast.  

21. In 2014, the early rally in gold stocks was led by junior stocks.  This one is led by the seniors, which suggests much bigger and stronger players are the buyers.  The world gold community should feel “amped” this morning, as they turn on their quote machines!

22. I’ve suggested that a “changing of the guard” is taking place in the gold stocks sector, with large institutions buying stock from disappointed retail resource investors.  There is record-setting volume in play, on the GDX chart.

23. The push into gold stocks by big value-oriented players is likely forcing bearish hedge funds to exit their naked short positions.  On that note, please click here now. Institutional heavyweight Morgan Stanley is clearly very positive about Australian mining stocks.  I think their enthusiasm, and their buy orders, will quickly spread to most of the world’s major gold stocks.

24. Please click here now. That’s the daily silver chart.  Just as junior gold stocks are lagging the seniors (which is bullish for the sector), silver is bullish, but not racing ahead of gold.  That’s because this is not a Western fiat collapse oriented bull market.  It’s a gold jewellery bull era, and investors need to roll with the golden changes!  Silver will do very well, following gold steadily higher, with gains that are not a flash in the pan, but here to stay.  Have a spectacular week, and thanks for your time!


Special Offer For Website Readers:  Please send me an Email to and I’ll send you my free “Buy India, Sell America, & Buy Gold Stocks Now!” report!  I show investors why the Dow could blow out of the 2008 lows, as Indian stocks soar.  I’ll also include key buy and sell points analysis, of six superb gold stocks!






Stewart Thomson 

Graceland Updates


Note: We are privacy oriented.  We accept cheques.  And credit cards thru PayPal only on our website.  For your protection.  We don’t see your credit card information.  Only PayPal does.  They pay us.  Minus their fee.  PayPal is a highly reputable company.  Owned by Ebay.  With about 160 million accounts worldwide.


Written between 4am-7am.  5-6 issues per week.  Emailed at aprox 9am daily.   






Rate Sheet (us funds):

Lifetime: $799

2yr:  $269  (over 500 issues)

1yr:  $169    (over 250 issues)

6 mths: $99 (over 125 issues)


To pay by cheque, make cheque payable to “Stewart Thomson”

Mail to:

Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario L6H 2M8 Canada


Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland Updates daily between 4am-7am. They are sent out around 8am-9am. The newsletter is attractively priced and the format is a unique numbered point form.  Giving clarity of each point and saving valuable reading time.


Risks, Disclaimers, Legal

Stewart Thomson is no longer an investment advisor. The information provided by Stewart and Graceland Updates is for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple properly licensed, experienced and qualified investment advisors and get numerous opinions before taking any action. Your minimum risk on any investment in the world is: 100% loss of all your money. You may be taking or preparing to take leveraged positions in investments and not know it, exposing yourself to unlimited risks. This is highly concerning if you are an investor in any derivatives products. There is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off officially. The bottom line:  

Are You Prepared?

| Digg This Article
 -- Published: Tuesday, 20 January 2015 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.