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 Down on Strengthening Dollar
December 22, 2009 12:05 pm by Anton EljwizatGold is now trading nearly 11% below record highs hit earlier in the month. Gold has made a significant downward correction, which can be directly correlated with the bearish trend of the EUR/USD cross. Analysts said gold could test lows ...
Gold Prices Expected to Rebound
December 16, 2009 1:56 pm by Anton EljwizatGold was pulled both ways yesterday due to the dollar's strength and inflation fears. The stronger dollar pressured gold while that was countered by inflation fears ignited by an unexpected jump in producer prices and rallying oil prices. This recent ...
Gold Hits $1215 Level
December 2, 2009 4:16 pm by Anton EljwizatGold climbed to a record high at $1,215 on Wednesday as a weakening dollar boosted demand for the commodity as an alternative investment. As I will demonstrate below, the price of gold may very well be heading for a reversal. ...
Gold Prices Stabilize Near $1,060
October 22, 2009 11:34 pm by Anton EljwizatThe USD witnessed a steady depreciation against most of its major currency counterparts during the afternoon trading session.