How the silver market can help with trading gold

John C Burford explains how keeping a close eye on silver can help spread betters find profits when trading the gold market.

In my last piece which was about using my tramline trading methods to trade the gold market I left off what happens to a price suspended in mid-tramline. After strong gyrations for some months, the market was hovering around my fourth tramline, as you can see in the chart below:

SB00050-01

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.