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	More about ATM PM
	ATM in Precious Metals
	Brief History of Gold
	Supply and Demand of Gold
	The Price of Gold

	Advanced Traders' Mastery in Precious Metals How does one get excited, and profit, from trading gold? How does one make consistent winning trades? What are the signs and signals to help one navigate through the volatile price swings of the gold market? In other words, how one can turn the art of gold trading into a science! At JF Lennon, we will share a methodical and disciplined approach towards taking positions in the gold market. Such an approach will steer excited participants through a myriad of tools that can be safely applied to profit from the price movements in the market.
WHY THIS PROGRAM?	Trading in Precious Metals has always been an exciting and profitable profession since historical records started. The ancient traders from China, India, Middle East, Europe and many other lands have used gold and silver in one form or another as a form of medium of exchange for trade. In more recent times, the trading of precious metals have taken on new meaning as it is more than just a medium of exchange.
OBJECTIVES:	At the end of the program, participants will be able to : Understand the history and fundamentals driving the precious metals markets Read and use historical charts of price movements of Gold and Silver Use technical analysis and charting tools to trade in Gold and Silver Understand the correlation between Gold and Silver prices Understand the correlation of Gold and Silver prices to currencies and other commodities Apply trading techniques and disciplines to trading Gold and Silver
METHODOLOGY:	This program is skills-oriented and participatory. Experience seems to suggest that the most effective way to understanding and applying such trading skills is through practice.
WHO IS IT FOR?	The program is designed primarily for executives who are keen to enhance their understanding and knowledge of the precious metals market and to be able to use simple technical charting analysis to take positions in Gold and Silver.
DURATION:	2 Days Note: Laptop and calculators needed.
COURSE OUTLINE	In this program, we will guide participants through a series of different lessons to equip them with tools that helps to trade in not just gold market but also in other precious metals market like silver. a. Identifying Trends Trends are the basic foundation of any trading. The famous saying “the trend is your friend” has helped many traders in making profitable trades. But there is still the need to identify the trend before one can profit from it. b. Momentum in prices Different types of moving averages and other momentum indicators are used to track the momentum of gold prices. This is an important tool as we want to be able to capture strong buying or selling momentum in the market in order to maximize our returns. c. Other technical charting tools Other tools taught include candlesticks charting and other charting indicators like Stochastics, RSI, Bollinger Bands, etc. d. Fundamentals The demand and supply considerations of gold have significant long term implications for its price. Therefore, traders must be aware of the factors that drive demand and supply of gold. At signs that inflation will be picking up significantly, recognizing that the investor community will use gold as a hedge against inflation thus driving demand for the metal will prepare traders in anticipation of higher gold prices. e. Correlation with other commodities, FX and assets Trading commodities require traders to be aware that there are significant correlations at different phases of economic cycles of commodities prices with each other. The example of inflation is one such instance. In a scenario where oil price appreciation has been persistent for a sustained period of time such that it would significantly contribute to global inflation, we can expect gold price to correlate quite well with the movement of oil prices. f. Scientific methodologies combining different tools There will be scientific methodologies that can enhance a trader’s discipline in trading the gold market.
Speaker Profile	Michael Tay Chairman of Advisory Board JF Lennon & Associates Pte Ltd Based in Singapore, Michael Tay used to Head a team of Investments Counselors for Citigroup Private Banking Singapore. Michael worked closely with High Net Worth Clients from Singapore, Malaysia, Taiwan, India, China and Indonesia advising them on investments across assets in Fixed Income, Equities, Money Market, Foreign Exchange and Commodities. With over 20 years of experience in trading in these asset classes, Michael is a senior and experienced financial adviser in Citi Private Banking core group of investment advisers. Prior to joining Citigroup Private Bank, Michael was Senior Vice President at DBS Bank where he helped set up and managed their commodities and Asian Currency Index desk. From 2004 to 2006, Michael was the Head of the Foreign Exchange, Liquidity and Gold Division of the Reserve Management Department at the Monetary Authority of Singapore. Michael started his career at OCBC in 1984 as a futures trader in SIMEX before doing his MBA in UCLA. After graduating from UCLA, Michael joined the Government of Singapore Investment Corp. (GIC). Based in New York, he was managing an American Fixed Income Portfolio. Upon returning to GIC Singapore office, he managed a team of FOREX, money market and gold traders. Michael has also held various senior positions in CSFB, UOB Asset Management, Nationsbank NA and UBS focusing mainly on proprietary trading in various asset classes such as equities, fixed income, commodities and foreign exchange.
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Precious metals trading, like trading of any other financial instruments, though allows high potential profits, also comes with high risks. It is only possible to gain success in precious metals trading after a professionally structured training in precious metals trading, after one is equipped with the necessary and sufficient financial intelligence – knowledge and skills, to enter and exit trades, as well as to manage the associated risks.

Disclaimer:
Trading precious metals on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade precious metals you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with precious metals trading, and seek advice from an independent financial advisor if you have any doubts.

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. JF Lennon & Associates. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.