Dummies guides on Gold Investment (2)

By Jamy

You might want to read these 2 articles that I wrote earlier on :
Gold 101 (1) and Dummies guides on Gold Investment (1)

Gold 101, basically explain the fundamental of why I invest in gold. Today I am going to leave with you a few technical tools I used to make a sure kill gain. This is my killing baby, I bought it at $4+ and now it is $40 going $100.

ssri.png
Courtesy of stockcharts.com

I am not a chartist neither a certified stock analyst but I am an avid investor who has a pair of sharp eyes and a sharp mind (very humble, right ? :) ) to seize opportunity when I see one.

With my 5 years coming 6 years experience in gold investment. I can tell you with my eyes close that there is a cyclic up and down trend every year in gold and silver. You can make a killing once or twice a year or even once very quarters if you can spot the cyclic trend correctly. It is not a rocket science to make a big killing in gold investment the last 5 years. I made my fortune in gold investment and it is far less competitive than SEO’s world.

The one very accurate tool that can sport the trend very easily is slow stochastics. It is slow as it names said. You have to patience to wait for the stock to go down a certain level to buy. Sometimes the wait to buy and sell can take over 6-12months but if you are patience to wait, you can make a fortune like me.

The bottom part of the SSRI chart is slow stochastic. If you notice I cut the above SSRI chart’s bottom out and this is the slow stochastic section.

slow.jpg
Courtesy of stockcharts.com

Stockcharts.com has a very comprehensive chartschool which is free. No, John Murphy did not ask me to write about stockcharts.com, over the years, I have benefited a lot from the site and the best part of it is, it is free.

This is the part that has Stochastic Oscillator (Fast, Slow, and Full) and they explain very well.

Read it and understand and may you make lots of money in 2008.

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