Gold – Bulls best hope that bears are tired because there is danger on the charts.
Articles Tagged "bear market"
The bull market that started in March 2009 could continue as company valuations and monetary policy indicators remain neutral and sentiment remains bullish. However, technical indicators show that the bull market’s end may be around the corner.
Silver – Globe and Mail reported that some analysts see silver prices falling significantly later this year.
To further evaluate where specific financial markets stand within the current economic environment, many have looked at commodity prices through wave theory to determine if a supercycle is likely
Opportunistic commodity investors can still position themselves for profits even in the midst of a bear market.
Gold Investing News reports gold prices may decline in the next couple of weeks and start climbing up again in the future. Although gold is facing some headwinds, the overall financial environment remains bullish for gold.” In their recently published Metals Matters, ScotiaMocatta has noted that IMF gold sales are now all but inevitable, as [...]
Nickel Investing News reports nickel price spurs with G20 leaders’ support for the global economy. LME base metals posted gains across the board, with nickel leading the way, up 12.7 per cent. The impetus was a direct reflection of sentiment, but lacked a change in underlying supply-demand fundamentals. The sentiment adjustment also induced a short-covering [...]
Copper Investing News reports copper fell more than 2% before turning to positive on Thursday. The U.S. dollar retreated to its lowest point relative the euro in six weeks, making the metal less expensive for international holders. U.S. copper futures turned positive, copper for March delivery HGH9 moved up 1.85 cents, or 1.24 per cent, [...]
U308.biz & Uranium Investing News reports uranium prices fell to US$54. Price publisher Ux Consulting lowered its spot uranium price to US$54 a pound U3O8. Uranium bulls say the slowdown is fueled by the upcoming winter holidays, during which markets traditionally slumber and commodity prices lose ground. The price slide comes just days after a supply-demand balance [...]
Silver Investing News reports silver has taken a plunge despite the central banks and governments trying to resolve the global financial crisis. What can save silver from spiraling further or the inability to break through important supports? Substantially rising inflation, which many see as a very likely outcome of worldwide government and central banks rescue packages, will undoubtedly help [...]