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Gold & metals
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bsiong
Supreme |
05-Jun-2014 22:29
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
 ECB Cuts Deposit Rate To Negative For The First Time EverCongratulations Europe: you now get to pay your insolvent bank to keep your deposits for you. Today' s cuts summarized an... Read More |
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bsiong
Supreme |
05-Jun-2014 22:24
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 6/5/20146/5/2014 8:26:30 AM By: Ryan Schwimmer
ECB RATE GOES NEGATIVE Gold and Silver prices jumped suddenly as European Central Bank (ECB) President Mario Draghi spoke at a press conference, saying the central bank is not finished with monetary easing, if needed. Earlier today, the ECB cut its deposit rate for banks to &ndash 0.1 percent. This negative rate means that banks will now be charged to hold funds at the ECB, with hopes that the money will find its way into the economy instead. U.S. stock futures rose with the U.S. dollar ahead of tomorrow' s key jobs report. Gold was little-changed before Draghi' s comments, but shot up nearly one percent after the mention of monetary easing. The appeal of non-interest-bearing assets like Gold increases with low interest rates, though most analysts were expecting Gold to take a cue from the dollar-euro relationship. A higher-valued dollar makes Gold less expensive. At 9 a.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
05-Jun-2014 08:10
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Closing Gold & Silver Market Report - 6/4/20146/4/2014 4:31:06 PM By: Paul Stevens
METALS FLAT AS INVESTORS AWAIT IMPORTANT DATA RELEASE Precious Metal prices continued their sideways movement and traded mostly flat through the afternoon. As investors continue to await Friday' s much anticipated jobs report and the conclusion of the European Central Bank (ECB) policy meeting, some traders are speculating on what the outcome will mean for Gold. Jeffrey Wright, managing director at H.C. Wainwright, said in an email, " The main events for the week with an impact to Gold are still on deck: ECB announcement on Thursday and U.S. employment report on Friday. We anticipate a modest easing of rates by the ECB to counteract negative inflation, &lsquo deflation' within Europe." The U.S. dollar rose Wednesday, continuing its recent strength. With a boost from larger Treasury yields and investors showing much anxiety ahead of tomorrow' s ECB meeting, U.S. currency is rising. ING Capital Markets director of foreign exchange Lane Newman said, " There are a lot of questions about how big the [ECB] rate cut will be. Rates here are expected to be higher before lower. Obviously, the rates in the eurozone are going to be lower before higher. That' s benefiting the dollar across the currency universe." At 5:17 p.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
05-Jun-2014 00:07
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 6/4/20146/4/2014 8:23:23 AM By: Ryan Schwimmer
MARKETS WAIT FOR DIRECTION Gold and Silver prices are slightly higher in early-morning trading, while stock futures pointed slightly lower. Stocks appear to be waiting for direction from tomorrow' s European Central Bank (ECB) announcement or Friday' s ADP nonfarm payrolls report. The eurozone' s central bank is expected to announce negative interest rates for the first time in its history. Valutrades analyst Joao Monteiro wrote, " ...it' s likely that traders will want to sit on the sidelines until that ECB news is out of the way." Michael A. Gayed, chief investment strategist at Pension Partners, LLC., believes the Gold price is being held back mostly due to cash flow. Gayed states that large-cap equities are the only group making new highs, so " money refuses to position into anything but blue chips." He also explained Gold' s lack of support from India, one of the world' s largest buyers of Gold. Gayed said, " If [Prime Minister Narendra] Modi is able to improve India' s growth prospects, it seems plausible that at the margin, the demand for Gold would fall as Indians put capital to use in the economy instead of storing it in the form of Gold." At 9 a.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
04-Jun-2014 08:19
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Gold Selling Subsides before Key SupportBy Jamie Saettele, CMT, Sr. Technical Strategist
Daily
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bsiong
Supreme |
04-Jun-2014 08:17
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Austin Galt - June 4, 2014
" It' s not timing the market but time in the market" . Yep, we' ve all heard this refrain from market commentators on TV disguised as experts. Some go even further saying it' s impossible to time the market. Well, what a load of codswallop! Anyone that says this to you is...
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bsiong
Supreme |
04-Jun-2014 08:15
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Stewart Thomson - June 3, 2014
Liquidity flows into or out of the ' love trade' (gold jewellery) and the ' fear trade' (inflation and financial system risk), are the two main drivers of the price of gold. The strongest gold jewellery buyers are in India, and the election of Narendra Modi has already...
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bsiong
Supreme |
04-Jun-2014 08:13
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Doug Short, PhD. - June 2, 2014
About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a pattern to this movement? Let' s apply some simple regression analysis (see footnote below) to the question.
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bsiong
Supreme |
04-Jun-2014 08:11
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Rambus - June 2, 2014
In this Weekend Report I would like to compare gold to some of the more important markets to get a feel for the bigger picture that seems to be shaping up or gold. During gold&rsquo s bull market years it generally was stronger than most areas of the markets but since the...
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bsiong
Supreme |
04-Jun-2014 08:10
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Jim Curry - June 2, 2014
In light of the recent developments in the Gold market, I wanted to post an article on the current cyclic configuration - and what we can expect in the very near future. Since my prior article back in December of last year, we have seen the expected larger countertrend...
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bsiong
Supreme |
04-Jun-2014 08:08
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Closing Gold & Silver Market Report - 6/3/20146/3/2014 4:00:21 PM By: Ted Prince
GOLD, EQUITIES FLAT INVESTORS AWAIT PAYROLL NUMBERS Precious Metals prices remain relatively flat today, though a mild boost for Gold broke the yellow metal' s longest streak of losses since last August. As U.S. stocks reached new record levels last week, the Gold price fell for six straight sessions. " Gold is getting some support as the equity market is taking a breather," David Meger, director of metal trading at Vision Financial Markets, said. " A lot depends on the U.S. economic data over the next few days." Though Gold has fallen back during the last week, the metal is still trading higher this year, buoyed mainly by safe-haven demand spurred on by geopolitical turmoil in Ukraine. Following Monday' s session, in which benchmark indexes were elevated to new record levels, U.S. stocks are relatively flat today. " Traders are sitting on their hands, waiting for the response from the ECB before setting their bets up," Chad Morganlander, a fund manager at Stifel Nicolaus & Co., said. " There' s an overall anticipation that the ECB will be aggressive and that the jobs numbers on Friday will be better than expected." As we make our way through the first week of June, many investors will maintain current positions until the release of the all-important monthly non-farm payroll figures set to be released on Friday. At 5 p.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
03-Jun-2014 22:30
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 6/3/20146/3/2014 8:21:36 AM By: Paul Stevens
METALS FLAT AHEAD OF JOBS, EUROPEAN DATA Precious Metal prices are trading relatively flat through early morning trading. Many investors are eyeing Friday' s job reports for direction, but they will also pay close attention to the results of the European Central Bank' s policy meeting Thursday. When asked his opinion on why he sees weakness for Gold' s future, an analyst at INTL FCStone, a financial services firm that specializes in commodity trading, said, " We base this view on the notion that this year' s &lsquo Black Swan' event - the Ukrainian crisis - while still potentially dangerous, is turning less &lsquo Black." U.S. stocks are declining this morning as traders have little reason to buy with indexes pulling back from record highs. As investors still try to weigh the strength of the U.S. economic recovery, one fund manager believes things are headed in the right direction. Deutsche Asset & Wealth Management fund manager Ivo Weinoehrl said, " The market bounces back and forth, but fundamentally nothing much has changed. The economy is definitely improving after a disappointing first quarter, and we' re still expecting earnings growth of 7 to 8 percent. We' re in a stable environment, but it' s nothing to get excited about and I don' t see the real pick-up coming through just yet.&rdquo At 9:20 a.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
03-Jun-2014 07:57
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Gold Low Could Form Near 1236 or 1206By Jamie Saettele, CMT, Sr. Technical Strategist
02 June 2014 19:13 GMT
Daily
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bsiong
Supreme |
03-Jun-2014 07:54
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
 June 02, 2014 - 16:24:13 PDT Wall Street concerned over China' s gold hoardingThe People' s Bank of China, China' s central bank, is the world' s biggest gold hoarder & the bane of Wall Street trad... read more |
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bsiong
Supreme |
03-Jun-2014 07:51
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Closing Gold & Silver Market Report - 6/2/20146/2/2014 4:38:16 PM By: Peter LaTona
THE NEXT FOUR DAYS COULD ROCK UNEASY MARKETS Gold and Silver prices remained locked in a tight range throughout the day with Gold slightly up and Silver slightly down. However, given their low correlation to the stock market, this could change soon as the U.S. equity markets could experience strong currents in the next four days. The U.S. market seems as if it is complacently floating along, moving up on calm waters. Although there is little volume and little volatility, there is a sense of foreboding just around the bend. Around the bend might happen this week. Today, we had a U.S. Manufacturing Report that for some reason had to be recalculated several times due to errors. Thursday will be a big day, as there could be potentially ground shaking news coming out of the European Central Bank. Friday brings us another round of non-farm payrolls. " This is a big week for the global capital markets," said analysts at Brown Brothers Harriman, who called it the " potentially most significant week of 2014." Investors are awaiting news that could potentially shake this market out of its complacency... and then what direction does it go? In closing, both the Dow and S & P set new highs today. " Despite the new highs, the market&rsquo s been in a little bit of a consolidation phase and it&rsquo s searching for some kind of direction," Keith Bliss, senior vice president at Cuttone & Co., said. " But unless we get dramatically poor data point, it&rsquo s going to be hard to crack this market to the downside." At 5 p.m. (ET), the APMEX Precious Metals spot prices were:
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Bigmama
Elite |
02-Jun-2014 22:36
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x 0
x 0 Alert Admin |
Sorry.... I think he would not answer you.
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n3wbie
Elite |
02-Jun-2014 22:27
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x 0
x 0 Alert Admin |
thanks for sharing! are you in general bullish about gold or still maintaining a neutral stance?
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bsiong
Supreme |
02-Jun-2014 22:03
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 6/2/20146/2/2014 8:13:17 AM By: Ryan Schwimmer
MARKET WAITS FOR FRIDAY&rsquo S JOBS DATA The Gold price is relatively flat in early-morning trading, while stock futures are modestly higher. The first week of a new month brings with it speculation of the monthly jobs report, to be released Friday. Economists predict that 200,000 nonfarm payrolls were added last month, which would be the fourth-straight 200,000-plus gain. Regarding the Federal Reserve&rsquo s ultra-loose monetary policy, Chicago Fed President Charles Evans said, " Everybody is more comfortable and understanding the current economic conditions are such that (it is) appropriate for monetary policy to remain highly accommodative well into 2015 and you know it could even be 2016." The European Central Bank is meeting this week and is expected to announce more loosening of monetary policy in the eurozone. While dovish policies globally are a good sign for the Gold price, the euro falling in value would make the U.S. dollar appear stronger. In turn, that could lower Gold prices, since Gold is still viewed in dollars. Of course, that is only one factor in a pool of many factors that affect the prices of Precious Metals. At 9 a.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
31-May-2014 12:32
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Gold: Volume Favors The BullsChart Analysis Dow vs Gold, Silver, Dow Volatility & Gold Stock Volume Analysis via videos. Gold Volume Charts Analysis Silver Big Picture Charts Analysis Dow Volatility Chart Analysis Gold Stock Volume Charts Analysis ******** |
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bsiong
Supreme |
31-May-2014 12:28
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Precious Metals Moving Closer To BottomBy Jordan Roy-Byrne - May 30, 2014
Though precious metals are rallying on the day we pen this, we expect more downside before a final bottom or at least before we' ll exit hedges and begin buying. Since the hard reversal in March we' ve had the view that precious metals would decline and the miners could...
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