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By Ron Hera |
April 26, 2012
What is important about the pervasive negative sentiment is that it is a key indicator of a market bottom. At the top of the market, there are a hundred reasons to buy and, at the bottom of the market, there are a hundred reasons to sell.
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By Ron Hera |
April 16, 2012
The history of the US dollar is closely linked to US involvement in a series of wars. The loss of value in the dollar caused by excessive expansion of the money supply, together with rising demand for raw materials, has led to permanently higher global commodity prices.
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By Ben Traynor |
April 3, 2012
Prices to buy gold fell to $1,672 per ounce Tuesday lunchtime in London – 0.7% off Monday's high – as stocks and commodities ticked lower and US Treasury bonds gained ahead of the release of the latest Federal Reserve policy meeting minutes.
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By Frank Holmes |
March 27, 2012
To paraphrase the great Steve Martin, today’s investors are very passionate people and passionate people tend to overreact at times. An overreaction is exactly what’s happened in gold and global markets in recent weeks.
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By Mark O'Byrne |
March 22, 2012
Gold has broken below recent support at $1,640/oz. and reached as low as $1,632.45/oz. this morning – below its recent low and its lowest price since January 16. Gold looks like it will go lower on technical weakness and the next level of support is $1,600/oz.
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By J.W. Jones, Chris Vermeulen |
March 6, 2012
The past few months have been a difficult environment for anyone who was bearish. The next few months may prove to be difficult for everyone regardless of directional bias.
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By Mark O'Byrne |
February 21, 2012
Gold rose to its highest in a week today after euro zone policymakers sealed an agreement for a second debt deal with Greece. Gold remained flat at $1,736/oz. in Asian trading after the deal was reached but then saw some buying which saw gold rise to $1,740/oz.
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By Mark O'Byrne |
January 24, 2012
Gold started out lower in Asia this morning as the euro faltered on news that European finance ministers rejected an offer by Greece's private creditors to help restructure its debts, but gains on Tokyo futures exchanges and an increase of demand in India cushioned the fall.
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By J.W. Jones |
January 10, 2012
If oil prices were to work to the $125/barrel level and remain there for a period of time, I would anticipate a very sharp decline in the S&P 500. Currently there are a lot of headwinds for bulls, some of which could persist for quite some time.
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By Frank Holmes |
December 2, 2011
One way to gauge support for the price of oil is to calculate the breakeven price. In other words, what is the dollar amount per barrel that would be required for an oil-producing country to balance its fiscal budget?