Sonntag, 16. September 2012

Quick Overview

Almost 2 months ago i`ve changed my opinion on Gold, Silver and other Commodities. Gold is doing a nice turn and the trend on Gold and Silver will continue. Crude Oil looks also very bullish and i see a new 4-year high by the end of 2012 until the beginning of 2013.

Lets take a look at the US equity markets:

I asked my self how long Ben Bernanke will stay mulish because there`s no other way for the system. He had to enable the Quantitave Easing 3 (QE) and he did!

So, the Decision is made and there`s just one way for the Markets. We should see the Dow Jones at 14`000 points by end of the year. The NASDAQ should outperform the DJIA and S&P 500.

The S&P 500 should perform similar to the DJIA. (S&P 500 @ 1509.00)

I think Ben enabled his QE3 Package under pressure by Draghis Decision to buy these junk bonds. Draghi made the right decision for the moment, but the wrong one for the future. The next Crisis will be affected by this decision. For sure!

My Advice is now, buy Shares, ETFs and Commodities as i`ve listen above. The Opportunity for making profit couldn`t be bigger than now.

I will start adding more GLD ETFs at an lower level.

Lets take a look at the GLD 30 Min Chart:

The 61.8 Fibo Retracement is a small support, but i think if this ETF doesnt fall under this line back to the lower Speed-Trendline, it will stay a bit sideways.. For the Moment it is too high, but its not wrong to buy..