Although I had first heard of Greg Weldon nearly a decade ago, it was not until his appearances on RealVision that I was compelled to subscribe to his service. At nearly seven feet tall with wild white hair and a personality to match his appearance, Weldon’s financial knowledge is as broad and diverse as the patterns on his brightly colored shirts. I would put Weldon’s technical expertise and his understanding of the fundamentals that drive markets up against anyone.
Greg Weldon uses fibonacci, elliott wave, stochastics, moving averages, custom oscillators and an array of other technical tools in his analysis. He supports these technical conclusions with deep dives on fundamental data that range from oil and gas inventories, mining output, consumer behavior, changes in credit, Fed reports, and even South American weather patterns and their likely influence on crop output.
He crystallizes the trends and data into fast-paced, high energy videos he publishes daily, focusing on four or five main themes and expounding on each. He covers global macro, fixed income, foreign exchange, stock markets and ETFs, precious and industrial metals, energy, and agricultural commodities. Within this context, he offers trade entry and exit recommendations which he monitors daily through his TradeLab product. When markets are moving particularly rapidly, he leverages his VIP twitter feed to issue timely alerts.
Of particular value and interest to me, given my background in the precious metals industry, is his analysis of the metals markets. He is a world-class expert in this area. Collectively, the education I get from his service is worth as much as any monetary upside.
Greg’s audience tends to be high net worth individuals and institutions, so his service is priced on the higher end of the market. Since he trades a large book himself, where a futures contract represents a very small percentage of his portfolio, his willingness to let trades breathe and absorb relatively large swings in price while his thesis plays out, is not uncommon. His time horizon for trades can last as much as 4-6 months, if not longer on certain occasions. For a retail trader that manages a smaller account (<$100,000), it can be difficult and risky to trade this way. His service is not for everyone. If Dave Floyd‘s weapon is a razor, Greg wields more of a blunt object. Of course, when he connects – which is often – the results are very powerful.
Greg Weldon has more than thirty years’ experience analyzing and trading the global financial markets. He began his career as the point-man in the COMEX Gold and Silver pits for Stanley B. Bell and Company, one of the largest COMEX Gold and Silver floor brokers of the 1970’s and 80’s. He was subsequently hired as an institutional broker for Lehman Brothers, where he met broker-turned-trader Louis Moore Bacon, eventually departing Lehman when Bacon founded Moore Capital. At Moore, under the tutelage of Louis and Zack Bacon, Greg honed his skills as a trader and portfolio-risk manager. Following a brief stint at Commodities Corporation, Greg launched Weldon Financial in 1997, and over the past twenty years has published variations of his existing product: the all-encompassing “WeldonLIVE (with TradeLAB).”
Greg has successfully navigated some of the most treacherous markets in history, most often guiding clients into macro-market trends and profitable trading strategies, producing top-shelf, thought provoking, global-macro market research.
In 2006, Greg authored the book “Gold Trading Boot Camp”, in which he very accurately predicted that US credit crisis, quantitative easing, and the doubling of gold prices from $550 per ounce. He has been on a guest on every major financial network and is a frequent contributor to RealVision.