GOLD

Gold opened the week at $1744 per oz and moved sideways until Thursday when strong consumer spending data and improving earnings moved to stabilize positive economic growth expectations calming down bond yields and pushing Gold higher Thursday with some additional follow through on Friday. The price has now broken higher than the 50 period moving averages the first “hurdle” of resistance, but now as the price moves closer to the $1780 to $1800 range there is significant resistance setting up a 2nd resistance “hurdle.” Late in Friday’s trading session the price is hovering right below $1780. If we can…


GOLD

Gold had been jumping up and down all week, but the bulls won the battle and gold will close higher on the week overall, even after a big slide on Friday erasing much of the weekly gains. Gold opened the week at $1734 per oz and moved higher on Tuesday, and Thursday to a high just below $1760 before dropping back to the low $1740s. Gold moved higher for the week after the Federal Reserve minutes released a continuing weak monetary bias which weakened the U.S dollar and strengthened gold during the week with a big jump Thursday on…


GOLD

Gold opened the week at $1748.60 and is headed for a weekly loss, the first one over the last 3 weeks. There is optimism around the recovering economy lifting the dollar and bond yields which reduced the demand for gold due to the non interest bearing nature of precious metals and gold specifically. Prices in late session trading on Friday are holding at $1733 in a fairly range bound pattern for the last several days between $1720 and $1740 per oz. So, while we are headed for a weekly loss in Gold, the prices have moderated and are holding…


GOLD

Gold is on track to end the week with a sharp weekly drop. Gold opened the week at $1,823 and moved down all week to a low of $1760 before turning higher on Friday to trade back above $1780. This is still a significant drop for the week and the biggest in a month of over 2%. This week the jobless numbers came out weaker than expected and this hurt expectations for a quick economic boost recovering from the COVID-19 crisis. There is also pressure to move from Gold into other industrial metals such as silver and copper that…


GOLD

Gold opened the week at $1826.50 and initially went down before bouncing higher on the 50 period Moving Average. Gold prices were somewhat volatile this week moving up and down after dropping initially; prices continued higher to a weekly high of $1875 on Thursday before dropping back some on Thursdays and Friday’s trading. Although Gold has been rangy this week, the week will end on a positive note with trading late in Friday’s session just above $1857 for an overall gain. Much of the week’s volatility has been attributed to the new U.S administration’s COVID-19 stimulus package and how…


A few weeks back I, Bill Poulos, sat down with my teenaged grand kids to ask them about what they learned in their civics classes in high school — answer: not much. I asked them if they understood the difference between and democracy and a republic — answer: no. The eldest grand child is voting for the first time this year and much to her credit, she knows that she cannot trust the mainstream media on anything regarding the upcoming election. So, she seeks out credentialled sources to learn and evaluate for whom to vote. She had already learned that…


Bill Poulos is a Greek-American investor and retired automobile executive. He began trading in the markets as a pastime in 1974 while climbing the corporate ladder with General Motors. In 2001, Bill retired from GM and took his hobby to the next level with the creation of Profits Run, Inc. The company shares tactics on investing by making wise trades with minimal risks. The company publishes articles, software, online courses, and personal coaching. Poulos received his undergraduate degree from General Motors Institute and later earned an MBA from the University of Michigan. Bill believes in giving back to his community


Bill Poulos is the president and one of two co-founders of Profits Run, Inc. Bill and his son, Greg Poulos, started the financial publishing company in 2001. Profits Run educates the novice stock trader about making wise investments with minimal risks. They are responsible for helping more than 150,000 people with their publications, software, videos, and coaching. Automatic Income Engine, 20/30 Wealth Trader, Earnings Profit Alert, Crypto Profit Alert, Premium Income Letter, Rapid Income Engine, and Premium Income Alert are amongst the products Profits Run offers. Bill gives back to the community and celebrates those that do amazing deeds to…


Bill Poulos began investing in commodities and stocks in the early 1970’s as a hobby. He was moving up the ranks as an executive at General Motors. Bill retired from GM in 2001 to become his own boss. Poulos and his son, Greg, co-founded Profits Run, Inc., a financial publishing company. The company teaches how to make smarter investments with little risk. The company has assisted more than 150,000 people across the world with its programs, such as Real Wealth Alert, 20/30 Wealth Trader, Premium Income Alert, and Rapid Income Engine, Automatic Income Engine, and Earnings Profit Alert. Bill and…


Bill Poulos is a Greek American investor, published author, financial educator, a retired automotive executive, and the president of Profits Run, Inc. The company provides published materials on investing for wealth management. Profits Run provides the following programs to their clients, 20/30 Wealth Trader, Earnings Profit Alert, Automatic Income Engine, Premium Income Alert, and Rapid Income Engine. The company’s name is derived from the popular phrase “cut your losses and let your profits run.” To learn more about Bill and Profits Run, follow their YouTube channel and connect with Poulos here on Medium. He is married with 3 adult children…

Bill Poulos - Official

Bill Poulos is an author, retired automotive executive (General Motors), and co-founder of Profits Run, Inc. Bill offers insight into the economy and trading.

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