Oil N' Gold - Resources for Serious Traders
Indepth Energy and Precious Metals Research Reports
Debunking Some Gold Bug Predictions and Views Print E-mail
Analysis | Research | Written by Trendsman Research | Tue Jun 28 11 00:49 ET
I must confess I am a gold bug both philosophically and in terms of investing. We are entering a golden age for Gold as the bull market is destined to reach amazing heights and real and honest money reemerges as legal tender against fiat currencies that will soon be at the mercy of a sovereign debt crisis. All this being said, I take issue with some headlines listed here in friend Gary's blog and some gold bug talking points. I'm listing some of these headlines and talking points and here then my response.
Negative Momentum in Gold and Silver to Continue? Print E-mail
Analysis | Research | Written by Sunshine Profits | Mon Jun 13 11 00:13 ET
Let’s begin today’s discussion with fresh Fed decisions and its implications on capital markets. Ben Bernanke sent a strong signal recently that despite weaker economic data, the US Federal Reserve is not planning to loosen monetary policy. He said that the recovery “appears to be proceeding at a moderate pace”, in other words, no QE3, at least not for now.
Gold Stocks are Underowned and Oversold but Need Catalyst Print E-mail
Analysis | Research | Written by Trendsman Research | Fri Jun 10 11 11:08 ET
While Gold is only 2% from all time highs, the gold stocks have struggled and underperformed badly. This is reminiscent of 2008, although we don’t think a similar result is coming. The fact is as QE 2 ends and the failed recovery peaks, money is moving out of risk assets and into Bonds. Gold is holding up very well but the gold stocks are struggling and in need of a catalyst.
Gold and Silver Shares Retest of 2010 Breakout Almost Complete Print E-mail
Analysis | Research | Written by Trendsman Research | Wed Jun 01 11 06:37 ET
At the start of the year we wrote about what we could expect from the gold stocks and juniors over the first half of the year. All of these markets experienced significant multi-year breakouts in late 2010. This year called for a retest of those breakouts before the next advance would begin. We believed that these markets would spend much of 2011 retesting the breakouts and that markets would later be in position for an unabated advance into 2012 and beyond. We wanted to provide an update on.
Commodities Forecast Update: Sell-off But Upside Risks Remain in Place Print E-mail
Analysis | Research | Written by Danske Bank | Mon May 16 11 11:28 ET
The early-May commodity markets witnessed a marked sell-off with silver dropping almost 30% in a few days after the CME raised margin requirements. Coupled with increasing market worries over the sustainability of USD125/barrel for oil, oil prices started to decline sharply as well. The plunging oil price had ripple effects and also led base metals and grains to plummet. On the whole, we see five reasons for the sell-off which also highlight that that the recent experience was a healthy correction not a change in direction for the commodities complex in the medium term.
Gold Stocks Stuck in Consolidation Print E-mail
Analysis | Research | Written by Trendsman Research | Thu May 12 11 00:09 ET
Though Gold and Silver were able to make new highs in recent months, the gold stocks (as evidenced by GDX (large caps) and GDXJ (larger juniors) never did. We wrote of their relative weakness and how it was a warning sign for the sector. The shares failed to breakout and have fallen back into their consolidations at a time when the sector tends to consolidate and correct.
Freefall in Silver, What's Next? Print E-mail
Analysis | Research | Written by Sunshine Profits | Mon May 09 11 00:20 ET
Silver was one of the top priorities for many of precious metal traders until last week. However, silver market witnessed a dramatic turbulence in recent days. Let's examine what has happened in silver market, in detail. Two weeks of gains for silver were erased in only 11 minutes this Monday as markets opened for electronic trading in Asia with prices falling as much as 12 per cent in the session. Spot gold fell 2.2% in 40 minutes.
Downside Targets for Silver Print E-mail
Analysis | Research | Written by Trendsman Research | Fri Apr 29 11 04:29 ET
Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com's public opinion as of last week was over 90% bulls. The daily sentiment index as of last week was 96% bulls. A correction is coming. We have two charts to help decipher a potential bottom.
Silver - Top or Not? Print E-mail
Analysis | Research | Written by Sunshine Profits | Wed Apr 27 11 07:13 ET
When gold hit the psychologically important $1,500 level it didn't surprise us, but we admit that silver's recent performance gave us a small thrill. Before jumping into the chart analysis, let's have a look into the factors that contributed to metals' spectacular rally over the past couple of weeks.
Gold Not in Bubble Territory...Yet Print E-mail
Analysis | Research | Written by Wells Fargo Securities | Thu Apr 21 11 01:52 ET
Gold jumped on April 18 after Standard & Poor's downgraded the outlook for U.S. debt to negative. Gold has been on a tear for the last several years, rising from $437/oz. in August 2005 to around $1,500/oz. today. So is gold overbought? Is gold primed for a collapse à la the tech bubble of 2000 and the oil bubble of 2008? We believe this is not the case, at least not yet.