Hourly Action In Gold From Trader Dan
Dear CIGAs, As expected, the return of a larger number of traders to New York this morning saw the return of the usual selling gang which had been missing in action on Friday of last week. Gold had risen sharply in overnight trading before ... . Gold is however trading solidly above its 100 day moving average on the continuous daily price chart [more...]
Date: 2008-12-29 18:36:00
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Some rumblings on Gold prices
I'm not a Gold trader, I have never traded any Gold contracts in my entire life.However, I do cast a glance from time to time at Gold prices as part of my personal monitoring of the global financial markets. I also noted that a few of the chatters in the chatbox have long positions on Gold, and was previously (and currently?) very bullish on Gold [more...]
Date: 2008-12-07 09:33:00
S&P 500 Stays Bearish, NDX Traders at Exuberant Extreme
Some stocks have had a nice rally since late November - especially precious metals and real estate - but how sustainable is it? ... at market turns. Oh-oh.- Gold, my other fully tested trading setup (see more here), has also gone ... to signal falls in the gold price.- My trading setup for silver is also bearish. In fact, silver [more...]
Date: 2008-12-30 01:13:00
What do we do if he’s right, again?
What do we do if he’s right, again? Peter Schiff predicted the bursting housing bubble contrary to those in the know back in 2005 ... investments in gold could include gold Exchange Traded Funds (potential risk: false auditing); gold futures [more...]
Date: 2009-01-12 10:34:42
Friday morning links
TOP STORIES Rate cut from Japan, Barclays seeks funding - Reuters Nevada, Michigan, Florida lead 'underwater' list - AP Housing plunge: ... Drop as Demand Declines - Bloomberg 'Gold will trade at $1650. Gold has buying power' - Commodity ... 'global player' role - BBC New Anxiety Grips Russia’s Economy - NY Times Traders warn of Italy [more...]
Date: 2008-10-31 13:20:00
Citigroup: Gold Over $2,000, Massive Inflation, Depression, and Civil Disorder
An internal client note from Citigroup lays out what the company predicts for the world’s economic future: ... which will lead to “civil disorder” and possibly “wars”. Gold is now trading at $812 an ounce, down ... trading director at Equidex Brokerage Group Inc., claims “inflation will continue to make gold bullish” [more...]
Date: 2008-11-27 06:49:25
Gold Investments Market Update - Geopolitical Risk Escalates and Will Lead to Further Safe Haven Demand
Gold has commenced the New Year as it did in 2008 – up sharply in early trading before selling off somewhat. Gold surged (along with oil) ... . Gold Price Rupees per ounce Indian gold futures MAUc1 gained more than 29 percent in 2008 ... currencies so far this morning, gold has given up its earlier gains. The reemergence of geopolitical [more...]
Date: 2009-01-06 15:35:50
Option Trade of the Day
Option Trade of the Day Gold Investments Market Update - South African Gold Production Continues to Fall Significantly - From over 1000 Tonnes in ... and Autochartist pt2 Chart Pattern Trading and Autochartist pt1 A look at the daily dollar-canada Forex Advisor [more...]
Date: 2008-12-10 11:38:05
17/10/08. Commoditex Review and Other News
Hi, guys! I would first like to thank one of my readers who recommended this program to me. So today I can introduce it to you – meet Commoditex! ... by the name Commoditex is apparently involved with commodity trading, meaning gold, oil, soybeans and other products. This is how they describe their investment strategy in a nutshell: “Trading with oil [more...]
Date: 2008-10-17 17:02:05
Herd Waits for Latest Scent
The markets do what they do, and today they're waiting for the latest (ridiculous) piece of employment data.. ... I am less susceptible to the expected unexpected. I will maintain some core positions (small cap gold ... trading and great risk management to all.Educational use only. Never intended as investment advice. [more...]
Date: 2009-01-08 17:06:00
Platinum Trades Inline With Gold
Investors have been flocking to gold in recent weeks on currency concerns, and after this rally, the yellow metal is now trading at the same price as platinum, which is 30 times as rare as gold [more...]
Date: 2008-12-18 15:40:19
Milestone in the development of runescape gold market
Milestone in the development of RuneScape gold marketRecall the ways I have go through, I feel deeply ... gold trading limits, Such a measure would have a great effect, but also loss of a large number ... the game, RS gold directly connected to everyone. Just like in real life, how much money [more...]
Date: 2009-01-01 07:29:00
Personal Finance Blog Tickers
Sometimes, in talking to people, I refer to Blueprint for Financial Prosperity as BFP ... , financial and reputational issues that shape their futures.” It’s traded on the NYSE and is down ... and development of gold and silver deposits in Mexico and is traded on the New York Stock Exchange. It’ [more...]
Date: 2008-12-10 20:54:12
World markets slump on recession fears
World markets slump on recession fears World stock markets tumbled Friday on growing alarm that a global recession will ravage corporate profits and ... station Samsung 3rd-quarter profit falls 44 percent US dollar mixed, gold fell in trading South ... push smaller developing economies to the brink of collapse. Futures indicated a sharp drop on Wall [more...]
Date: 2008-10-24 12:56:36
Hourly Action In Gold From Trader Dan
Dear CIGAs, Due to time constraints associated with trading I have to keep things short today – gold rebounded off of support near yesterday’s lows ... the line just below $866 or so. Some of this selling is no doubt associated with commodity index fund ... up all the gains that it managed to ridiculously acquire as the ninny index funds went diving [more...]
Date: 2009-01-08 19:18:29
Gold & Silver
From BespokeThe first two charts below are our trading range charts for gold and silver ... gone straight up, as almost all commodities except for gold have seen big declines due to deleveraging [more...]
Date: 2009-01-07 05:00:00
China to Tax Virtual Property Profits
... currency for virtual goods, such as in-game property, character-leveling services, or vast hoards ... we traditionally know as gold farmers and trading moguls, writing that it “specifically takes aim at those [more...]
Date: 2008-11-05 19:17:27
In The News Today
Jim Sinclair’s Commentary A hint for the market "Wise Guys ... Gold Shares (trading symbol GLD) climbed to 705.90 metric tons on July 11, before backing down ... . Rising ETF holdings are generally described as supportive for a commodity such as gold or silver [more...]
Date: 2008-12-31 18:43:51
In The News Today
Jim Sinclair’s Commentary Are you tired of those Gold banks that specialize in stealing your gold price lollypop on a daily basis, ... these costly nuisances. If you can afford to buy 100 ounces of gold, buy it as the near trading month ... you but only to serve you. CIGA JB Slear can be reached at the following: Fort Wealth Trading Co [more...]
Date: 2008-12-11 19:37:25
Upper Deck 2009 Series One
Upper Deck and Ken Griffey Jr. Celebrate 20-Year Anniversary North Las Vegas, NV (January 12, 2009) ... his MLB entrance a memorable one. In 20 major league seasons, “Junior” has earned 10 “Gold Glove” ... the trading card industry. In twenty years, Upper Deck has introduced anti-counterfeit holograms [more...]
Date: 2009-01-13 00:37:59
Asian Session - All Calm Right Now
Market Brief Usd was stable in Asian session as the lack of new data and non-data events gave speculators nothing new to trade on ... . Asian Equity markets are in the green while European index futures are pointing to a negative open. Commodities are higher with wti crude trading at $129.88bbl and gold up [more...]
Date: 2008-07-21 08:30:46
Gold slips 1 percent as dollar firms and oil slides
Gold slips 1 percent as dollar firms and oil slides filed in Business on Jan.02, 2009 ‘) ... late on Wednesday, the last trading session of 2008. U.S. gold futures for February delivery fell ... as a hedge against oil-led inflation and as rising crude prices often increase interest in commodities [more...]
Date: 2009-01-02 20:56:24
Bespoke's Commodity Snapshot
After looking at equity sectors earlier, below we highlight our trading range charts for ten major commodities. The green shading represents two standard deviations above and below the commodity's 50-day moving average. Currently, the only commodity that isn't trading at or below oversold territory is gold [more...]
Date: 2008-10-13 14:16:55
4 Links I liked:
4 Links I liked: Posted November 7th, 2008 by itrade4real Financial bonds business commodities corn dollar ETF finance futures gold loss markets Money profit risk stock trading treasury Wheat Read the full article: http://www.itrade4real.com/2008/11/links-i-liked.html10vote Our catalyst today is the payroll data at 8:30 am. Not much [more...]
Date: 2008-11-07 13:46:45
S&P Deposit Receipts (AMEX: SPY) Breaks Support
January 13, 2009 Shares of the S&P Deposit Receipts (AMEX: SPY) have been holding above a rising trend support line since November 2008 ... as bond, gold, small cap, sector, ETF and stock trading strategies. ... bearish level of concern to an already worrisome stock market. The odds are now higher that a retest [more...]
Date: 2009-01-12 22:33:29
Markets and timeframes for price distribution charting
Have a trading related question? Submit it here. I received a set of questions following on my How to identify price targets for your trades post ... ? What about commodity markets like mini gold futures etc ? What about applying this method on US stock markets ... , like Nikkei or even Singapore’s small futures market, the SIMSCI futures. What I would [more...]
Date: 2008-12-08 14:00:44
Who’s Your Daddy?
Who’s Your Daddy? Peter Boockvar, Miller Tabak After the Citi news, ... and based on the action in gold today and in the past 3 trading days and with the $ index at a one week low, the limits of what’s being done may be tested. A bounce in commodities though [more...]
Date: 2008-11-24 14:55:50
Has the Curtain Fallen on the Last Contango in Washington?
by Antal E. Fekete Here is an update on the backwardation in gold that started on December 2. It continued and worsened on December 3, 4, and 5 ... as far as its gold trading is concerned. The trouble [more...]
Date: 2008-12-08 22:12:13
Trading Post (metal dump edition)
With gold down 3.5%, silver down 4% and the base metals curled up in a foetal position in the corner, ... . Do you think it coincidence that three Ecuador exposed miners are up on a down day like this? Yep...must [more...]
Date: 2009-01-12 18:16:00
Trading Post (w00t edition)
Gold Hawk Resources (CGK.v) up 125% (yep, one hundred and twenty five percent) at $0.045 and its share volume traded stands at the very top of the TSX boards today. Excellent market response [more...]
Date: 2009-01-08 18:00:00
Mid East tension takes precious metal prices higher
Gold and silver prices go up amid thin trading volumesBullion metal prices ended higher on Monday, 29 December, ... dollar. Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude ... prices are higher by 4.6%. Futures have averaged $865 in 2008. The dollar index has gained 8% this year [more...]
Date: 2008-12-30 04:20:00
Price of Gold - Overbought area but holding
Gold finally broke out of it’s nearly four week trading range and managed to move above initial resistance around 778 and is currently stopped near ... and trading coach, he is a noted expert on Market Structure, Elliott Wave and Fibonacci. He trades the forex market. [more...]
Date: 2008-11-27 13:05:17
The Origin of Money
Money. Everybody wants it, and you can always use more. But what is money? Where does it come from? ... of new money, and abolished the natural gold standard for the sole purpose of expanding ... in trading for things that are useful. In practice, around the world and throughout history [more...]
Date: 2009-01-11 02:41:00
Bias may remain negative
The market is expected to remain negative with a sideways movement during intra-day trades ... . In the commodity space, the Comex gold for February series gained by 10 cents to settle at $854.60 a troy ounce. [more...]
Date: 2009-01-12 04:15:00
GATA Meets with CFTC
Bill Murphy, chairman of GATA (Gold Anti Trust Action Committee) ... of the U.S. Commodity Futures Trading Commission, this news hit the tape: “Obama to appoint Gary Gensler to lead Commodities Futures Trading Commission — AP.” Gensler is a former undersecretary [more...]
Date: 2008-12-19 22:02:43
Mining Exploration Result, Demand and Trade Review : Metal Demand May Be Slow Hope Runs High for Gold
By now the global financial crisis has hopefully taught investors that just like property prices, metal prices do not always go up ... , often a year or so apart. Last year bulk commodities such as iron ore, coal and manganese proved ... agreed, advising investors to go long on gold and short on bulk commodities and base metals. Boom times [more...]
Date: 2009-01-11 16:52:18
Weekly Futures Positions Review - December 28, 2008
Top posts from the past week:Lean Hog Prices Poised to Climb in 2009Why eBay is the Best Indicator of Gold's Fair ValueOur coverage of Marc Faber's ... of our trades and positions from the previous week:Continued to hold one cocoa futures contract - up slightly on the week. Looking to add to this position on higher high's.Continued to hold one [more...]
Date: 2008-12-28 23:35:00
Oil and Dollar Plunge, Gold Soars, TARP Out of Cash, Automakers Brace for Worst, A Currency Trade, and More!
by Addison Wiggin & Ian Mathias Oil hits four-year low… Byron King offers “crude” forecasts Dan Amoss on why Obama and OPEC want higher hydrocarbon prices Dollar decline intensifies… Bill Jenkins on a potentially profitable currency disparity Gold soars… Ed Bugos with new price targets and a short-term outlook Chrysler shuts down [more...]
Date: 2008-12-18 18:41:26
Give me the physical, not the paper
#fullpost{display:inline;}Ambrose Evans Pritchard over at the Telegraph has filed this report (hat tip Domus) ... their stockbroker to buy shares of one of the many gold ETFs or some commodity futures contract ... ," he said, referring to exchange trade funds listed in London, New York, and other bourses [more...]
Date: 2009-01-09 19:44:00
COMEX: Taking Delizery Is EZ
This excellent write-up is from the revered JSMineSet website, one of the foremost sources of accurate info on gold (as you probably already knew). CIGA JB Slear of Fort Wealth Trading Comments on the Comex Delivery Process: I wanted to give ... /Silver. Some clearing houses will not allow you to take delivery, so don’t hesitate to ask your broker [more...]
Date: 2008-12-10 16:10:20
Been Down So Long, It Looks Like Up To Me
The gold market managed to recover from another downside extension early in the trading session but the reversal seemed to come off a setback in the ... the US economy.”- The Hightower Report, Futures Analysis and ForecastingDavid Hale: Only [more...]
Date: 2009-01-07 01:20:00
Hourly Action In Gold From Trader Dan
Dear CIGAs, Today’s action in nearly every single market that trades can best be described by one phrase – “It’s all about the Fed”. Their decision to basically print as much money as needed to liquefy the financial system ... as if we have been here before. Budget deficits into the future as far as the eye can see coupled with free [more...]
Date: 2008-12-17 18:49:34
Hourly Action In Gold From Trader Dan
Dear CIGAs, The start of a full week of trading in the New Year brought back the full complement of traders and with them the usual selling ... is getting ready to rally. Fading his actions has proven to be quite profitable for astute gold traders [more...]
Date: 2009-01-05 18:59:31
Reservetradeltd - Reservetradeltd.com
I'm not admin. Reserve Trade Ltd is a High Yield Investment Program, ... investment market, trading activities and investments in various funds, which gives our members ... markets, currency and gold exchange markets, we have summed up the safe profit rate for all members [more...]
Date: 2008-12-15 03:05:49
A Tourists View of Gonder, History, Style and Magnificent Scenery
One aspect that sets many Ethiopian towns apart is their variety ... . The Gondarine Empire Founded along one of the earliest trading routes, Gondar became a center where slaves, salt and other precious goods like gold [more...]
Date: 2009-01-12 08:50:58
Hamilton ~ Negative real rates drive Gold bull
by Adam Hamilton It's been a tough year for gold investors ... futures. Since gold has been the financial-panic asset of choice for centuries, its lackluster trading [more...]
Date: 2008-12-05 23:36:22
Stories of Interest 01/09/09
Total 2008 Job Loss: 2.6 Million Panic Could Herald Dollar Route Gaza Victims' Burns Increase Concern Over Phosphorus Some Tidbits From The World Of Emissions Trading The Problem With Cheap Oil Peter Schiff Compares US Economic Crisis ... Forces To Drive Gold Higher The Peak Oil Crisis: Cars - Redux Spanish Industrial Output Plunges [more...]
Date: 2009-01-09 15:23:47
Some updates from the past week or two
Secret Santa! It was late, but it rocked! Unfiction held another secret santa exchange for 2008, and a little faery brought me my gift: ... it ;) * and last but not least, a pack of Halo trading cards! (hee, I had these on my wishlist for some time; not overly ... the gold medal for the 5th straight year. Next year the tournament will be held in [more...]
Date: 2009-01-12 18:27:07
London Gold Market Report
Gold Slips to 6-Session Low as US Fed and ECB Vow to Inflate Away Recession in 2009 THE SPOT PRICE OF WHOLESALE GOLD slipped for the second session running on Monday, starting New York's first serious trading day of 2009 down 3.3% as Asian stock markets closed sharply higher. The US Dollar knocked the Euro 3¢ lower on the forex market while [more...]
Date: 2009-01-05 13:21:26
Gold Prices Waver… Should You?
gold-blog Remember that little hit of satisfaction when you heard that the first day of trading in the new year showed the first real gains in some months? The result? The dollar rose just slightly, crude oil prices fell nearly 5%, and gold ... even further. Gold rose in Asia on January 1st, but then began to lose ground. But we’re [more...]
Date: 2009-01-05 08:15:40
