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By Jon Nadler |
February 27, 2012
Spot gold dealings commenced the new trading week with a loss of $6 per ounce and the yellow metal was quoted at $1,767 on the bid-side. Silver prices fell by about a dime per ounce and initial indications came in at $35.32 the ounce in the white metal.
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By Mark O'Byrne |
November 18, 2011
Gold has bounced 0.5% today, after falling 2.5% yesterday. Gold is down 2.6% week to date and is headed for its first weekly loss in four weeks which would turn the short term technicals bearish.
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By Jordan Roy-Byrne, CMT |
June 22, 2011
In a word, no. Simply put, we have seen a correction or retracement of the massive gains of the past few years. There may be more backing and filling for a few months before the sector begins its next impulsive advance.
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By Martin Hutchinson |
June 8, 2011
Nuclear power was gaining a lot of momentum prior to the terrible disaster at Japan's Fukushima power plant in March. But since then, atomic energy has come under increased scrutiny and once again drawn the ire of environmentalists.
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By Jordan Roy-Byrne, CMT |
May 12, 2011
Though gold and silver were able to make new highs in recent months, the gold stocks never did. The shares failed to break out and have fallen back into their consolidations at a time when the sector tends to consolidate and correct.
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By Jordan Roy-Byrne, CMT |
May 2, 2011
Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming.
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By J.W. Jones |
February 28, 2011
While this week was shortened due to the President's Day holiday, it has been quite a ride for traders and investors. The 24-hour news cycle intensifies market conditions as any news focusing on oil or the Middle East protests moves markets.
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By Jordan Roy-Byrne, CMT |
February 23, 2011
The factors that will cause stocks to reverse are the same factors that will propel precious metals into the early stages of a bubble. Increased monetization will be required as interest rates begin to rise and as the economy fails to grow fast enough.
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By Mark O'Byrne |
February 17, 2011
Gold bounced off support seen at the 150-day moving average and is now above the 100-day moving average. It is 3.5% below the nominal record high of $1,423.75/oz seen in early December.
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By Dudley Pierce Baker |
February 16, 2011
We are very bullish for the long-term for the resource sector, i.e., gold, silver and the resource shares. However, we need to live life and the markets in real time and the question is where are we now and what should investors do, if anything?
