Archive for November, 2010
The issue of whether these limits are right or wrong is beyond us. These limits will be imposed and investment strategies must be adjusted accordingly. The new position limit can affect the price of silver. Silver investors have a lot at stake and should participate in the discussion once they’ve done some investigating. Doing one’s homework in the silver market includes studying the CFTC’s Commitments of Traders (COT) report. (The CFTC publishes the COT report every Friday at 3:30pm.) It is impossible to understand the potential impact of reform without looking at the structure of the silver market. The COT
November 30th, 2010 | Posted in Gold Investing | Comments Off
Commodity markets are seeing another mixed and lackluster day on Tuesday, with fears surrounding Eurozone debt, the weaker euro and stronger dollar all weighing in. The commitment of the traders report released by the Commodity Futures Trading Commission (CFTC) yesterday, a day late due to the Thanksgiving holiday last week, is also seeing some focus as the week kicks off.
The energy market has been seeing some strength come through in recent sessions on the back of the cold weather spell through the northern hemisphere, leading WTI Nymex crude to top $86/bbl on Monday — and leaving many market
November 30th, 2010 | Posted in Gold Investing | Comments Off
With European debt markets getting little relief thus far from the Ireland bailout, we need to keep a continued eye on the U.S. dollar (UUP). A weaker U.S. dollar (UDN) tends to provide tailwinds for stocks (DIA), commodities (DBC), gold (GLD), and silver (SLV). Therefore, a longer-than-expected rally in the greenback may provide headwinds for these assets, with gold being the possible exception
November 30th, 2010 | Posted in Gold Investing | Comments Off
By Jack Sparrow
Click to enlarge
Though adopting a strong bearish posture as of late, we have remained long on gold and silver names. (Our original position in Market Vectors Junior Gold Miners ETF (GDXJ), for example, was established on Oct. 25. Having booked partial profits, we have maintained exposure since then.)
As of this writing, gold stocks look attractive on both a relative and absolute basis (with our top silver names, Silver Wheaton Corp. (SLW) and Silver Standard
November 30th, 2010 | Posted in Gold Investing | Comments Off
