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Gold & metals
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bsiong
Supreme |
12-Sep-2014 07:58
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Roxanne Lewis - September 11, 2014
Here is a graph showing the price of gold FINALLY reaching GOLD' s " Long-Term Line of Support" for London PM Gold! One would expect that gold would begin its upward climb but usually the " Masters of Manipulation" step in to quell gold&rsquo s direction. Now we will just...
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bsiong
Supreme |
12-Sep-2014 07:55
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By David Chapman - September 11, 2014
The James Turk Fear Index has always been interesting www.fgmr.com. It is an easy concept. The Turk Fear Index is a measurement of gold' s relative value in relation to currency. The Turk Fear Index centres on the US by comparing gold&rsquo s value to money but a fear index...
Gold Reserves X Price of Gold ------------------------- = Fear Index M3 |
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bsiong
Supreme |
12-Sep-2014 07:52
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Closing Gold & Silver Market Report - 9/11/20149/11/2014 4:09:54 PM By: Ted Prince
SILVER DIPS TO 14-MONTH LOW Precious Metals continue their descent as further speculation regarding a hike in U.S. interest rates has pressured bullion prices. Gold has fallen to a 7 1/2 month low while Silver has dipped to its lowest level in 14 months. With concerns over geopolitical turmoil easing over the last week, the expectation of increased lending rates and ongoing strength in the U.S. economy, Precious Metals are having a hard time gaining a foothold in the present environment. With conflicts largely unresolved in Ukraine and the Middle East, further escalation of violence could reverse the recent downward trend for Gold and Silver. In the meantime, lower prices have always influenced strong buying urgency among bullion investors. Equities indexes wavered today as investors weigh geopolitical crises and the potential for increased interest rates. " We' re just stuck in a tight range because the market has been so strong this year and every now and then the market needs a little time to cool off," Dan Miller, director of equities at GW& K Investment Management, said. " Geopolitical events of course always make the market nervous." The Federal Reserve is set to meet next week for its monthly policy summit. Many analysts and investors will be intently focused on the outcome. If higher interest rates are on the horizon, Fed chair Janet Yellen will likely indicate such intentions at the post-meeting press conference. At 5 p.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
11-Sep-2014 22:37
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 9/11/20149/11/2014 8:08:26 AM By: Ryan Schwimmer
GOLD HITS LOWEST IN SEVEN MONTHS The Gold price is down slightly in early morning trading, though the dip was enough to bring the yellow metal to its lowest price in more than seven months. Some analysts believe that Gold is one deciding factor away from turning positive. HSBC said in a note, " While Gold may face further pressure in the current macro environment, a pick-up in physical demand would help stem the possibility for further losses. Physical demand appears light despite Gold' s price decline so far in the month." U.S. stock futures are pointing toward a negative start for Wall Street, which was compounded by the fact that jobless claims in the country rose to a two-month high. Though the level of jobless claims in the U.S. is still near pre-recession levels, some see it as a bearish sign for the overall jobs picture. The U.S. Labor Department noted that seasonal adjustments are normal this time of year. At 9 a.m. (ET), the APMEX Precious Metals spot prices were:
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Bigmama
Elite |
11-Sep-2014 19:16
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x 0
x 0 Alert Admin |
Recovering next week!
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Bigmama
Elite |
11-Sep-2014 18:37
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x 0
x 0 Alert Admin |
Break down! | ||
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bsiong
Supreme |
11-Sep-2014 07:49
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Frank Holmes - September 10, 2014
Last week I wrote about the historic correlation between the month of September and the strength of gold. Now it appears that this September might be shaping up as one not to remember but forget.
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bsiong
Supreme |
11-Sep-2014 07:47
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Nadia Simmons - September 10, 2014
On Monday, the Federal Reserve Bank of San Francisco published a report, which indicated that central bank is growing closer to raise interest rates. As a result, the US Dollar Index, which tracks the performance of the greenback against a basket of six other major...
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bsiong
Supreme |
11-Sep-2014 07:46
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
GOLD TECHNICAL ANALYSIS Gold is threatening to maintain its downward trajectory after sliding below the 1,257 mark. Alongside signs of a short-term downtrend the spotlight is left on the June 2014 lows near 1,241. While a Dojidenotes some indecision amongst traders, a daily close above its descending trendline would be required to signal the potential for a sustained recovery.
The DailyFX SpeculativeSentimentIndex suggests a mixed bias for gold based on trader positioning.
Gold: Threatens Retest of June Lows
Daily Chart -
SILVER TECHNICAL ANALYSIS Silver continues to keep traders in suspense as it skims along the 19.00 floor amid signs of hesitation from the bears. With a core downtrend still intact a daily close below the noteworthy floor would be seen as a fresh opportunity for short positions targeting the 18.50 mark. A corrective bounce to the 19.50 ceiling would offer an alternative entry point.
Silver: Awaiting Downside Break To Open 18.50
Daily Chart -
COPPER TECHNICAL ANALYSIS Copper is left at a crossroads near 3.08 following a dramatic decline from its descending trendline on the daily. A Shooting Star formation amid mounting evidence of a downtrend leaves shorts preferred on a break below the floor. Buying interest may be renewed on a retest of the June lows near 3.01.
Copper: Peels Back From Trendline Resistance
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bsiong
Supreme |
11-Sep-2014 07:43
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Closing Gold & Silver Market Report - 9/10/20149/10/2014 4:53:44 PM By: Ted Prince
INTEREST RATE SPECULATION CONTINUES TO WEIGH ON METALS Gold is trading near even today, though the yellow metal remains under pressure as many investors believe strong economic data will influence the Federal Reserve to raise lending rates sooner than expected. Gold bugs and equities investors alike are eyeing this month' s Federal Open Market Committee meeting on September 16-17 as many believe the meeting could yield a move by the Fed to begin raising U.S. interest rates. Hawkish comments by Fed chief Janet Yellen could potentially precipitate another dip in Gold and Silver. However, geopolitical crises in Ukraine and the Middle East remain largely unresolved. Skirmishes in these hot zones could escalate at any time, forcing investors to seek asylum in Precious Metals as they have during much of 2014. U.S. stocks realized mild gains Wednesday as technology shares were lifted by a rally in Apple, Inc. " Everybody has been watching Apple," Matt Maley, equity strategist at Miller Tabak & Co. LLC, said via phone. " It' s an Apple-dominated market, especially in a week where we don' t have a lot of macro data coming out." As unemployment, retail sales figures and consumer confidence continue to improve, equities investors are still leery about a potential interest rate hike. At 5 p.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
11-Sep-2014 00:05
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 9/10/20149/10/2014 8:03:53 AM By: Ryan Schwimmer
CONTRARIANS SEE POSSIBLE GOLD RALLY The Gold price is mostly flat in early-morning trading. MarketWatch' s Mark Hulbert believes that, from a contrarian point of view, Gold is ready to turn the corner. He notes that short-term investors are exiting the Gold market. He continues, " As a result, the market-timing community on balance is now more bearish than it has been in 14 months -- which, according to the contrary logic of contrarian analysis, is a bullish development. The last time the typical Gold timer was as gloomy as he is today, Gold began a two-month rally in which it gained more than $200 [per ounce]." U.S. Treasurys fell for a fifth day amid concerns over the Federal Open Market Committee meeting next week. Bank of Tokyo-Mitsubishi' s Derek Halpenny wrote Wednesday, " Despite the weaker than expected labor market report, there remains grounds for some shift in communication on the outlook for monetary policy, especially given that quantitative easing tapering is close to an end." At 9 a.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
10-Sep-2014 08:03
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
 The Price Of Gold And The Art Of War, Part IThe purpose of the Federal Reserve & all central banks is & has always been to benefit bankers by indenting nati... Read More |
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bsiong
Supreme |
10-Sep-2014 08:01
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Stewart Thomson - September 9, 2014
The QE program created substantial hedge fund interest in gold-related ETFs. Unfortunately, QE never created the inflation the funds had anticipated. That&rsquo s because commercial banks held the QE money they received, &ldquo tight to the chest&rdquo , rather than loaning it to...
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bsiong
Supreme |
10-Sep-2014 08:00
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By GE Christenson - September 9, 2014
Given the troublesome economic conditions in the world and potential expansion of war in the Ukraine, Iraq, Syria, North Africa, and elsewhere, there is considerable risk that the S& P could fall substantially and a strong probability that gold will rally....
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bsiong
Supreme |
10-Sep-2014 07:58
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Gold Doji at Support Relief Coming?Daily
Chart Prepared by Jamie Saettele, CMT
-" The decline from the top is impulsive. The implication is for a minor low to form and for gold to trade back into 1315/20 before trading lower again (1270/80 is estimated support).&rdquo Gold has traded into resistance (slightly above as of Thursday). If a larger decline is underway, then gold should turn down between now and 1335."
-Ultimately, it may be that gold has been tracing out a triangle since Dec 31st of 2013 that leads to new lows. The metal needs to gain traction above 1296 to alleviate downside pressure.
--Tradingideas |
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bsiong
Supreme |
10-Sep-2014 07:55
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Closing Gold & Silver Market Report - 9/9/20149/9/2014 4:05:59 PM By: Ted Prince
INTEREST RATE WOES, TECHNICAL SELLING CAUSES WAVERING GOLD PRICE The Gold price has been oscillating positive and negative territory today as technical selling and expectations for higher U.S. interest rates continue to weigh on Precious Metals. " The market was pressured by technical selling pressure, including sell stops being triggered when chart support levels were breached," one analyst said. " The surging U.S. dollar index, which hit another 13-month high Monday, was also an anchor for gold and silver." Gold continues to tread water near a three-month low as geopolitical conflicts have failed to buoy Gold and Silver as a safe-haven. Historically, lower prices have influenced a strong wave of physical buying among Gold and Silver investors. U.S. stocks ended the day lower on Tuesday as concerns regarding a sooner-than-expected interest rate hike forced the S& P 500 to realize its largest dip in a month. " There are still a number of people who fear the Fed will raise rates too soon, but I don' t think there' s anything to be gained by being early in raising interest rates," John Manley, chief equity strategist for Wells Fargo Funds Management, said. " If the Fed tightens too soon, it will drag the U.S. and the world into another recession." Although many investors fear the consequences of the current Fed monetary policy, the hyper-inflationary scenario that was envisioned by many appears to be far from a reality. Interested parties will continue to eye major market indexes to see if the momentum and ongoing record-breaking can be sustained into 2015. At 5 p.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
10-Sep-2014 00:23
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Rambus - September 9, 2014
I believe last week marked an important turning point for the precious metals stocks. After two months of chopping in a tight trading range GDM, which I' m going to us as a proxy for the big cap precious metals stocks, finally broke below the critical brown shaded...
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bsiong
Supreme |
09-Sep-2014 22:20
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
Morning Gold & Silver Market Report - 9/9/20149/9/2014 8:31:22 AM By: Paul Stevens
METALS MOVING UP AS DOLLAR GAINS Precious Metals are trading slightly higher through early morning trading. Investors continue to monitor unrest around the world, while a lack of new news and a recent move up by the U.S. dollar is providing pressure to the metals. OCBC Bank analyst Barnabas Gan said, " Gold appears to be testing its $1,250 an ounce support handle, and any break below may see the precious metal extend its bearish trend." The U.S. dollar gained momentum on Tuesday and jumped to its highest level in 14 months against several currencies and a six-year high against the Chinese yen. A recent Federal Reserve study tracking rising U.S. yields has led some investors to reconsider higher rates. Emma Lawson, senior currency strategist at National Australia Bank said, " The market' s interpretation is that perhaps it had better re-price those expectations." At 9:30 a.m. (ET), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
09-Sep-2014 08:10
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
08 September 2014 05:33 GMT GOLD TECHNICAL ANALYSIS Gold is at a crossroads as the yellow metal teases at a push through selling pressure at the 1,272 barrier. A leap over the hurdle and descending trendline would confirm a Piercing Line candlestick pattern. This in turn would cast the spotlight on the recent highs near 1,322. However, while below the noteworthy resistance levels the immediate risks remain skewed to the downside with a focus 1,257.
The DailyFX SpeculativeSentimentIndex suggests a mixed bias for gold based on trader positioning. Gold: At A Crossroads Near Noteworthy Resistance
Daily Chart - SILVER TECHNICAL ANALYSIS Silver&rsquo s bounce off the $19.00 floor is seen as corrective at this stage. Given the context of a sustained downtrend a retest of the 19.50 mark would be seen as a fresh opportunity for new short positions. A climb above the upside barrier would be required to confirm the Bullish Engulfing candlestick pattern and to warn of a small base.
Silver: Selling Into Rallies Preferred Within Context Of A Core Downtrend
Daily Chart - |
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bsiong
Supreme |
09-Sep-2014 08:07
Yells: "The Greatest Wealth is Health" |
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x 0
x 0 Alert Admin |
By Ronald Rosen - September 8, 2014
Gold is the leader of the precious metals complex! It always has been and it is now. Silver and the mining shares have proven that they will follow the path of gold. If the following charts do not convince you, nothing will. So, study them hard and fast and don' t...
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