Volatility Index is proved to be a good indicator of short-term market direction. Now, with the stock market confined to a tight, month-long trading range, and with volume drying up as Christmas and New Year's Day approach, it's worth taking another look at this crystal ball.
When I sift through insider buying information, there's one type that really grabs my attention... It’s when the chief financial officer (CFO) of a company is a large and regular buyer of his company's stock.
Central banks - the long-time nemesis of the gold sector - are doing an about-face to become its biggest supporters. And this quantum shift promises to gather momentum in 2010 with the prospect of a new era of net buying continuing to fuel robust demand for bullion. According to John Embry long-time gold advocate and the chief investment strategist at Toronto-based Sprott Asset Management, central banks will most certainly underpin the price of gold next year.