Thursday, February 16, 2012

S&P 500 once again bumping up against 1350

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The 1350 level in the S&P 500 is becoming a rather significant resistance level on the technical price chart as the market has rallied t...
12 comments:
Wednesday, February 15, 2012

General Comments

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Gold is holding firm in today's session but has retreated from its best overnight levels. You will notice that within the larger time fr...
15 comments:
Tuesday, February 14, 2012

Here we go Again...

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We had strong downgrades all across Europe and a total jettisoning of risk trades in Tuesday's session with the result that we had a sin...
7 comments:

Gold Shares continue to lose ground against gold itself

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The gold mining shares, as evidenced by the HUI, continue to lose ground against the price of gold bullion itself. They are approaching the ...
7 comments:

In Related matters...

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This story illustrates something so eggregious that I felt compelled to post it so as to let the readers know what the fallout from this med...
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Gold moving higher in Yen terms; strong in Euro terms

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Some of the friends of gold are no doubt frustrated by its inability to breach stubborn chart resistance near the $1750 level in US Dollar t...
1 comment:
Monday, February 13, 2012

Crude Oil back above $100 - Again

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Crude oil simply refuses to break down and is once again trading back above the $100 mark. What is perhaps even more concerning is that gaso...
4 comments:

Gold holding at initial support thus far

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Gold has dropped into the first zone of support noted on the price chart near the $1720 level and has thus far held as dip buyers surfaced. ...
2 comments: