Posts Tagged ‘
gold market ’
Sep 2nd, 2008 |
By Ed Bugos |
Category: Commodities, Gold
The charts are playing tricks. A bear trap in April stopped short of turning into an all-out bearish failure with a bull trap in July.
In English, please? The bulls got suckered.
Gold prices fell through their $850 May low now, which means that I was wrong to think that the market ...
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Tags: Amex Gold Bugs Index, bull market in gold, gold market, gold stocks
Posted in Commodities, Gold |
1 Comment »
Jul 29th, 2008 |
By Ed Bugos |
Category: Gold
Last week we saw a bounce in the stock market that threatened to send the price of gold down to the $920 mark. After a lightening advance celebrating the approval of the quasi-nationalization of America's too-big-to-fail mortgage providers, the market caved on reports of continued stress in the homebuilders.
The Dow ...
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Tags: gold correction, gold market, gold prices, price of gold
Posted in Gold |
No Comments »
Jun 19th, 2008 |
By Adrian Ash |
Category: Gold
What you make of the gold market right now depends on what you make of the kind of data UBS’s precious metals team follows.
Big institutional players in the New York futures market slashed their bullish betting on gold in the week of June 10. Data from the CFTC — the ...
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Tags: gold bull market, gold market, gold prices
Posted in Gold |
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Jun 2nd, 2008 |
By Whiskey Contributor |
Category: Gold
Gold may be even more precious than we think. During the last several years, mining companies around the globe have discovered almost no new large-scale gold deposits. So if the world’s major gold companies can’t find any new gold deposits in the ground, they’ll have to find them in the ...
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Tags: gold exploration, gold market, peak gold, price of gold
Posted in Gold |
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May 23rd, 2008 |
By Ed Bugos |
Category: Gold
Gold could be ready to end the summer doldrums even before summer begins.
The most relevant area of resistance in the way of this outlook is the 30-point range between $890 and $920. If gold can break through and find support at these values it will be poised to rise for ...
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Tags: Gold, gold market, junior mining, junior mining company
Posted in Gold |
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Feb 7th, 2008 |
By Whiskey Contributor |
Category: Commodities
IT SEEMS THAT THE COMMODITIES COULD BARELY WAIT for the clock to strike midnight on New Year’s Eve before they were off to the races. Both gold and oil have hit record highs, and stocks in those sectors are going parabolic as I write. Agriculture is on fire, as well. ...
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Tags: agriculture market, Delta Petroleum, gold market, natural gas market
Posted in Commodities |
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Oct 8th, 2007 |
By Adrian Ash |
Category: Gold
"What is it with leading commercial banks — first Credit Agricole...now Citigroup — and their accusations of wanton gold price manipulation by central bankers?”
"IT WAS SO embarrassing...
"I mean, who in the hell ever let the guy publish that report? Credit Agricole was a laughing stock. Everyone in the gold ...
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Tags: central bankers, controlling gold price, covert selling of gold, cutting interest rates, gold lending, gold market, manipulating interest rates
Posted in Gold |
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Mar 28th, 2007 |
By Whiskey Contributor |
Category: Commodities
As a commodities trader for over 20 years, I have seen markets come and go. What's hot this month can often become what's not hot the next.
One of the best skills a commodity trader can acquire is to be able to pick out the markets that are on the cusp ...
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Tags: Gold, gold market
Posted in Commodities |
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