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Stewart Thomson

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Stewart Thomson was born in Canada and he lives near Toronto. He is the president of Graceland Investment Management (Cayman) Ltd, and the president of Graceland Investment Management Inc (USA). He started serious contrary-style investing in gold and silver when he was just eight years old.  Stewart read the acclaimed Harry Schultz Letter for many years, and he has read Edwards & Magee's Technical Analysis of Stock Trends cover to cover, several times.
At the age of 17 in 1980, Stewart sold all his silver in Vancouver, while thousands of adults were literally lined up for blocks down the street, buying as he sold.  He then worked as a broker and sent his clients a daily newsletter. Stewart was a very good English literature student, which helped him develop a unique way of communicating his investment ideas. He has always been fascinated with the trading floors of the large banks. So, working as a broker, he developed the “PGEN” (pyramid generator), which is a unique and systematic capital allocation method.
The PGEN is designed to allow investors of any size to mimic the action of the banks in the gold market. He now applies his PGEN method of investing to all major markets. Stewart manages money in his un-leveraged hedge fund, and he writes Graceland Updates (, a unique daily newsletter based on his PGEN. The letter is designed to help investors manage their emotions in key buy and sell zones, in all markets.  Stewart also runs an Elliot Wave newsletter (, a dividends newsletter (, and a trading service (  High net worth individuals around the world follow him on a daily basis.  

Trader Type:    Trader
Preferred Approach:    Not Specific