Feeds:
Posts
Comments

Posts Tagged ‘Gold’

Closed out the gold trade today at $1,103 for a $33 move, caught out slightly by the rebound today after the strong move up in the US Dollar yesterday – which didn’t follow through, yet perhaps.
So a good trade but not that satisfying though interestingly Silver not following through on the move and other commodities [...]

Read Full Post »

 
A chart that shows that effectively, the appreciation in Gold price since the start of the decade has been reset via the creation of increased monetary base.

Read Full Post »

This is truly a lovely looking chart to a technical trader like myself.  Notable features are the supportive 50 week moving average since 2005, breakouts at about $460, $730 – slightly rebuffed at the $850 area (old 1980 high resistance) then on to test $1,000 for the first time in 2008 and rolling over [...]

Read Full Post »

Some markets have been ramping up quite nicely for some time, stock indices, commodity currencies included.  Theres been a nice bounce in stocks and it may well continue, but by historic measures it is reaching an extended point.
The S&P put/call ratio or $VIX is worth keeping an eye on as it is unlikely to fall [...]

Read Full Post »

Gold/silver

Thinking more downside maybe gold below $650 and silver around $7.50.

Read Full Post »

This is my first Sunday Big Picture review and I want to focus on the general state of the markets as we come to the end of a traumatic (for some) first month of 2008.
One of my favourite sites for stock market commentary is Zealllc.com as the chap who writes there (Adam Hamilton) lives what [...]

Read Full Post »

Commodities Higher Before Fed Decision
By STEVENSON JACOBS – 4 hours ago -associated press
NEW YORK (AP) — Commodities prices climbed broadly Thursday as expectations of another U.S. interest rate cut and rebounding global equities markets boosted investors’ appetite for gold, grains and other hard assets.

Read Full Post »