Commodities Appear Poised for Upward Correction
January 24, 2011 3:00 pm by Greg HoldenIt appears the decline in US dollar values has not yet been priced into commodities and we may be expecting a major correction in physical asset prices this week as a result.
2011 Gold Forecast – Benefits and Risks
December 21, 2010 1:00 pm by Greg HoldenThe dominant story regarding Gold is the bullish run we've experienced since the financial crisis of 2007-2008. More recent news shows a continuation of this trend, but how do we interpret the widening fluctuations in price over the past two ...
Gold Has Strong Support at $1365, Silver Remains above $27.00
November 26, 2010 11:26 am by Natalie R.Gold continued its decline in European trading today, dropping to $1365 an ounce from an overnight price of $1372. The decline came as the dollar strengthened further versus the euro, as the ERU/USD pair reached a two week low of ...
Gold at Two Week High over Euro-Zone, North Korea
November 23, 2010 11:18 pm by Natalie R.Europe’s sovereign debt concerns and escalating tensions between North and South Korea boosted Gold prices to a two week high as investors fled to the safety of the metal. Political and economic uncertainty tends to benefit the commodity as it ...
Gold’s Cyclical Downturn Could Reach $1280
November 23, 2010 1:43 pm by Greg HoldenAs I mentioned in an article yesterday, the price of Gold has been operating in long-term cycles of advance-and-retreat for the past year-and-a-half. While the overall trend is bullish for precious metals (Gold, Silver, and Platinum), there are periods of ...
Gold and Silver Expecting Cyclical Retracement?
November 22, 2010 10:27 pm by Greg HoldenWe’ve been watching the price of precious metals soar over the past several months and many analysts will tell you to expect a continuation of this trend. We must not forget that global economies are still suffering financial concerns and ...
Is the Price of Gold Heading for $2,300 an Ounce?
November 11, 2010 5:35 pm by Greg HoldenDebate over the Fed’s recent QE2 maneuver has been generating some interesting volatility on commodity prices, particularly Gold. We’ve seen the US dollar gaining strength as investors anticipate the possibility of renewed inflationary growth in the US, but occasionally there ...
Fed Under Fire while Gold Surges to New Highs
November 9, 2010 3:35 pm by Natalie R.With growing criticism from home and particularly abroad, the Federal Reserve’s decision to pump additional $600 Billion to the U.S economy remains a center of controversy. The EUR/USD pair has seen fluctuations averaging 100 - 150 pips a day since ...
Can we Expect Another Rally for Gold prices?
October 29, 2010 1:08 pm by Natalie R.After reaching a record high of $1,376.70 an ounce on Oct. 14th, Gold prices have been falling steadily ever since, stabilizing around the $1335 level. Can we expect another rally for Gold prices? The answer may come after next week’s ...
Gold Prices Predicted to Fall in 2010
December 29, 2009 10:13 am by Greg HoldenYesterday's expected decline in the value of the US Dollar did indeed take place, but not nearly as sharp as some were expecting. A mild drop against the Euro and British Pound occurred during the opening of the American markets ...
