Tag: market commentary
Gold Investors Weekly Review – July 25th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,307.49, down $3.61 per ounce (-0.27%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 0.57%.
Gold Investors Weekly Review – June 27th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,315.66, up $0.81 per ounce (0.06%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 0.53%.
Gold Investors Weekly Review – June 20th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,314.85, up $37.96 per ounce (2.97%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 7.12%.
Silver Chart And Sentiment Show Potentially Very Sharp Rally
There is an extremely interesting development brewing in the silver market. Chances are high this will turn out bullish, although one should not exclude a bearish outcome. On the near term, two important indicators are flashing a potential key reversal, at least for the short and mid term. First, sentiment is at an important pivot point. Second, the long term chart seems to be accomplishing a multi year chart pattern. Let’s review both in this article.
Stocks And Precious Metals In Extreme Territory
Given the inverse correlation between stocks and metals, it is “expected market behaviour” that precious metals are trading at the opposite extreme. The S&P500 is relentlessly climbing to all time highs, driven by monetary bazookas of central bankers around the world. The metals have only been recovering from a disastrous year (2013) and are in search of a solid bottom. This article looks at the data under the hood of the stock and metals markets, as well as the fundamental strength of both.
Gold Investors Weekly Review – June 6th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,253.25, up $3.52 per ounce (0.28%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 0.73%.
Physical Shortage Of Gold And Silver, Manipulation, Economy
In this month’s Markets at a Glance, Eric Sprott presents a collection of thoughts on why he thinks precious metals is a compelling investment right now. He looks at three major topics: physical shortage in gold and silver, manipulation of precious metals prices, and the dire state of the economy.
Gold Investors Weekly Review – May 30th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,249.73, down $42.83 per ounce (3.31%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, declined 3.85%.
Gold Price Flirting With Cost Of Production Is Not Sustainable
Right now, the price of gold is flirting with cost of production—it’s not sustainable. Some companies are using three price scenarios in their feasibility studies: a base case near spot, a scenario at significantly lower prices and another at significantly higher prices. Today, that more optimistic scenario is often the three-year trailing average.
Gold, Silver And Miners Trending Lower Today
I can see the metal in a grinding move lower rather than a sharp fall as it slowly bleeds out speculative interest off the long side while meeting some increased physical buying from India and perhaps China. But as far as Western-oriented investment demand goes, that is not going to be there until investors believe that the bull market in equities is over or some fresh geopolitical event arises.
Gold Investors Weekly Review – May 23th
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,292.90, down $0.56 per ounce (0.04%).
Gold Finishes Under $1300 Per Ounce
Jun Gold and Jul Silver rallied to session highs at 1304.10, and 19.83 early moments, then both metals pulled back, and trended lower in morning action.
Gold Prices Will Rise on Robust Demand and Instensifying Currency War
While China and Russia both expand their respective currency’s acceptance and accumulate more gold, the US dollar will ultimately lose its status as the world’s reserve currency. And, while most western central banks as well as the Bank of Japan continue to devalue their respective currencies, the on-going currency war will intensify. The prudent minority won’t be beguiled into holding paper currencies, and instead they will diversify into hard assets, such as gold and silver.
Gold Investors Weekly Review – August 1st
In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1293.33, down $13.82 per ounce (-1.06%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 2.11%.
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