"No warning can save people determined to grow suddenly rich" - Lord Overstone

Gold •666 days 2,368.70 +35.30 +1.51%
Platinum •19 mins 2,003.20 +8.60 +0.43%
WTI Crude •11 mins 105.71 +0.64 +0.61%
Gasoline •2 hours 3.772 +0.030 +0.81%
Ethanol •666 days 2.161 +0.000 +0.00%
Silver •666 days 30.82 +1.16 +3.92%
Silver • 666 days 30.82 +1.16 +3.92%
Copper • 666 days 4.530 +0.111 +2.51%
Brent Crude • 1 hour 110.40 -0.04 -0.04%
Natural Gas • 11 mins 2.756 -0.011 -0.40%
Heating Oil • 2 hours 4.138 -0.060 -1.44%
  • 1,050 days Will The ECB Continue To Hike Rates?
  • 1,051 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,052 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,452 days Could Crypto Overtake Traditional Investment?
  • 1,457 days Americans Still Quitting Jobs At Record Pace
  • 1,459 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,462 days Is The Dollar Too Strong?
  • 1,462 days Big Tech Disappoints Investors on Earnings Calls
  • 1,463 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,465 days China Is Quietly Trying To Distance Itself From Russia
  • 1,465 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,469 days Crypto Investors Won Big In 2021
  • 1,469 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,470 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,472 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,473 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,476 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,477 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,477 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,479 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Contributors
  3. Merv Burak

Merv Burak

Merv Burak

Contributor since: 26 Feb 2010

Contact Contributor

Biography

During the day Merv practices his engineering profession as a Consulting Aerospace Engineer. Once the sun goes down and night descends upon the earth Merv dons his other hat as a Chartered Market Technician (CMT) and tries to decipher what's going on in the securities markets. As an underground surveyor in the gold mines of Canada's Northwest Territories in his youth, Merv has a soft spot for the gold industry and has developed several Gold Indices reflecting different aspects of the industry. As a basically lazy individual Merv's driving focus is to KEEP IT SIMPLE.

  • Technically Precious with Merv

    Published 06 December 2008 | viewed 3,827 times

    Okay. So maybe we're not yet in a roaring new bull market. The next level to watch would be the $700 level, if it gets…

  • Technically Precious with Merv

    Published 01 December 2008 | viewed 3,517 times

    Is this September all over again, a sharp couple day rally and then a more casual topping out and decline? This time the rally didn't…

  • Technically Precious with Merv

    Published 08 November 2008 | viewed 5,021 times

    Having been away last week didn't seem to have made much difference. Gold is just about where it was when last I reviewed it here…

  • Technically Precious with Merv

    Published 11 October 2008 | viewed 4,297 times

    While the world's markets were dropping like a rock all week long gold was moving higher, until Friday. Almost the full week's gains were whipped…

  • Technically Precious with Merv

    Published 04 October 2008 | viewed 4,286 times

    The magnification factor at work, on the down side. Gold drops less than 5% while gold stocks drop more than 15%. It worked on the…

  • Technically Precious with Merv

    Published 29 September 2008 | viewed 4,114 times

    After a sharp move on Monday it seemed that gold bugs just threw in the towel and stepped to the sidelines. The rest of the…

  • Technically Precious with Merv

    Published 20 September 2008 | viewed 3,620 times

    Boy! What a week. Nobody seems to have a handle on what the heck is really going on. After a sharp day and a half…

  • Technically Precious with Merv

    Published 15 September 2008 | viewed 6,158 times

    We had an upside day on Friday but that was about it. We might get a rally here but there is no indication that a…

  • Technically Precious with Merv

    Published 08 September 2008 | viewed 4,690 times

    Tuesday took all of the steam out of the two week rally but then that was it. The rest of the week was basically a…

  • Technically Precious with Merv

    Published 01 September 2008 | viewed 4,283 times

    The market was somewhat positive during the week but that impression seems to fall apart when one takes a good look at the daily figures.…

  • Technically Precious with Merv

    Published 25 August 2008 | viewed 4,361 times

    Gold was basically in a bounce mode this past week but unfortunately closed on the down side on Friday. It needs a lot more upside…

  • Merv's Non-Edibles Futures Page

    Published 18 August 2008 | viewed 1,941 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 18 August 2008 | viewed 2,385 times

    Well I guess this past week will be remembered for both gold and silver, with silver declining twice as fast as gold. Stocks also took…

  • Merv's Non-Edibles Futures Page

    Published 04 August 2008 | viewed 2,613 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 04 August 2008 | viewed 2,953 times

    Zig, zag, but more zag than zig. Very strong support at the $850 level and that may be where gold is headed. Will it hold…

  • Merv's Non-Edibles Futures Page

    Published 23 June 2008 | viewed 2,376 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 23 June 2008 | viewed 3,164 times

    Gold was up every day this past week (and Friday of the previous) and still not really showing any great upside strength. Gold bugs always…

  • Merv's Non-Edibles Futures Page

    Published 16 June 2008 | viewed 2,838 times

    Weekly Technical Information and Ratings   Larger Image  

  • Technically Precious with Merv

    Published 16 June 2008 | viewed 3,171 times

    These $10 and $20 moves are quite frustrating, especially those on the down side, BUT if one looks closely on a chart there might be…

  • Technically Precious with Merv

    Published 19 May 2008 | viewed 3,369 times

    Friday looked like a break away but there is still some rough territory ahead to overcome. The $950/$960 area may be formidable. GOLD LONG TERM…

Copyright © 2026 Safehaven.com All rights reserved.
By using this site you agree to the Disclaimer, Privacy and Cookie Policy.