Gold fell back last week after hitting a high closing price of 1552 on the London exchange. GLD, the unleveraged US ETF, maxed out at 146.82 last Weds (Sept 4th) before the retreat. While some became quite alarmed, your friendly Gold Enthusiast sees this as a short-term pullback due to… Continue reading at ETFDailyNews.com
About the author
Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.
Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".
Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"