The Gold Sector Is On Sale: Michael Fowler Jutia Group - 1 hour ago By The Gold
Report, on March 21st, 2012 in Expert Interviews The Gold Report: Lets start
with the changing risk picture in the gold space.
Wednesday, March 21, 2012
The Gold Price Rose $3.30 to close at $1,650 Must Break out Upside Through $1,670
Gold Price Close Today : 1650.00 Change : 3.30 or 0.20% Silver Price Close
Today : 3219.90 Change : 39.4 cents or 1.24% Gold Silver Ratio Today : 51.244
Change : -0.531 or -1.03% Silver Gold Ratio Today : 0.01951 Change : 0.000200 or
1.04% Platinum Price Close Today : 1638.70 Change : -14.30 or -0.87% Palladium
Price Close Today : 684.80 Change : -8.25 or -1.19% S&P 500 : 1,402.90 Change :
-2.62 or -0.19% Dow In GOLD$ : $164.43 Change : $ (0.88) or -0.54% Dow in GOLD
oz : 7.954 Change : -0.043 or -0.54% Dow in SILVER oz : 407.61 Change : -6.48 or
-1.57% Dow Industrial : 13,124.62 Change : -45.57 or -0.35% US Dollar Index :
79.62 Change : 0.260 or 0.33% Nothing fruitful took place for the silver and
GOLD PRICE today. True, they rose a little, but not enough to alter the
downtrend. The GOLD PRICE rose 3.30 to $1,650 and silver rose 39.4c to 3219.9c.
The GOLD/SILVER RATIO gives us a feeling of where we are and where we are
headed. It keeps see-sawing upwards. Oh, it fell today from 51.775 to 51.244,
but three days ago its was at 50.626. The GOLD PRICE reached a little higher
today at 1661.65 than yesterday's high at $1,657.80. Low came a little higher,
too, at $1,647.08 against $1,641.90. Never mind, it's still range-bound trading.
Must break out upside through $1,670, or down at at $1,640. Till then,
range-bound trading is just noise. Meanwhile, gold remains below its 50 DMA
($1,705.43), 150 DMA ($1,711.55), and 200 DMA ($1,681.82). Can't argue that
momentum points down. On the longer term SILVER PRICE chart in the last six days
silver has established a double bottom at 3162c - 3175c. To argue that will
hold, I would point to the pattern of the correction since the February high,
which has a down A-B-C completed look to it. But in spite of that, SILVER
remains rangebound. Either it falls through 3180c to drop lower, or it rises
above 3240c for higher prices. Meantime, we're just watching. Abide patiently.
Higher prices are coming once this correction ends. My dear wife Susan was
feeling pretty punk last night, but this morning she was dancing around and
laughing like a little girl. With the lens replaced in only one eye due to a
cataract, she can see! She has worn glasses since she was 8, and she's tickled
pink. Thanks for your prayers. For two days the dollar index has been vibrating
up to down in a flat range from 79.80. Gained 26 basis points today and is now
at 79.619. One has the feeling all interest in this market has died. Odd, since
the United States seems bent on provoking Iran and through it another world war.
Euro looked a little flakey today, second day it has shown itself not equal to
crossing above its 20 day moving average. Closed at $1.3211, down 0.11%, but
really just dead in the water. The yen today posted the first leg of a key
reversal by breaking into new low territory but closing higher than yesterday. A
close above today's 119.97c (Y83.35/US$1) tomorrow will complete that key
reversal and turn the yen firmly up. Stocks today rounded and fell further from
that top they've been drawing. SAP fell 2.62 (0.19%) to 1,402.90 while the Dow
fell 45.57 (0.36%) to close at 13,124.62. Y'all don't get too disappointed when
it falls, because it will be only the first in a very long series of
disappointments Wait! I'd better stop saying such things. I am liable to get a
visit from the Nice Government Men in the NOTSUA -- National Office to Suppress
Un-American Activities. Argentum et aurum comparenda sunt -- -- Gold and silver
must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com ©
2012, The Moneychanger. May not be republished in any form, including
electronically, without our express permission. To avoid confusion, please
remember that the comments above have a very short time horizon. Always invest
with the primary trend. Gold's primary trend is up, targeting at least
$3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66;
stocks' primary trend is down, targeting Dow under 2,900 and worth only one
ounce of gold; US$ or US$-denominated assets, primary trend down; real estate
bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that short term trading outlook. I write them
for long-term investors in physical metals. Take them as entertainment, but not
as a timing service for futures. NOR do I recommend investing in gold or silver
Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one
or another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 3219.90 Change : 39.4 cents or 1.24% Gold Silver Ratio Today : 51.244
Change : -0.531 or -1.03% Silver Gold Ratio Today : 0.01951 Change : 0.000200 or
1.04% Platinum Price Close Today : 1638.70 Change : -14.30 or -0.87% Palladium
Price Close Today : 684.80 Change : -8.25 or -1.19% S&P 500 : 1,402.90 Change :
-2.62 or -0.19% Dow In GOLD$ : $164.43 Change : $ (0.88) or -0.54% Dow in GOLD
oz : 7.954 Change : -0.043 or -0.54% Dow in SILVER oz : 407.61 Change : -6.48 or
-1.57% Dow Industrial : 13,124.62 Change : -45.57 or -0.35% US Dollar Index :
79.62 Change : 0.260 or 0.33% Nothing fruitful took place for the silver and
GOLD PRICE today. True, they rose a little, but not enough to alter the
downtrend. The GOLD PRICE rose 3.30 to $1,650 and silver rose 39.4c to 3219.9c.
The GOLD/SILVER RATIO gives us a feeling of where we are and where we are
headed. It keeps see-sawing upwards. Oh, it fell today from 51.775 to 51.244,
but three days ago its was at 50.626. The GOLD PRICE reached a little higher
today at 1661.65 than yesterday's high at $1,657.80. Low came a little higher,
too, at $1,647.08 against $1,641.90. Never mind, it's still range-bound trading.
Must break out upside through $1,670, or down at at $1,640. Till then,
range-bound trading is just noise. Meanwhile, gold remains below its 50 DMA
($1,705.43), 150 DMA ($1,711.55), and 200 DMA ($1,681.82). Can't argue that
momentum points down. On the longer term SILVER PRICE chart in the last six days
silver has established a double bottom at 3162c - 3175c. To argue that will
hold, I would point to the pattern of the correction since the February high,
which has a down A-B-C completed look to it. But in spite of that, SILVER
remains rangebound. Either it falls through 3180c to drop lower, or it rises
above 3240c for higher prices. Meantime, we're just watching. Abide patiently.
Higher prices are coming once this correction ends. My dear wife Susan was
feeling pretty punk last night, but this morning she was dancing around and
laughing like a little girl. With the lens replaced in only one eye due to a
cataract, she can see! She has worn glasses since she was 8, and she's tickled
pink. Thanks for your prayers. For two days the dollar index has been vibrating
up to down in a flat range from 79.80. Gained 26 basis points today and is now
at 79.619. One has the feeling all interest in this market has died. Odd, since
the United States seems bent on provoking Iran and through it another world war.
Euro looked a little flakey today, second day it has shown itself not equal to
crossing above its 20 day moving average. Closed at $1.3211, down 0.11%, but
really just dead in the water. The yen today posted the first leg of a key
reversal by breaking into new low territory but closing higher than yesterday. A
close above today's 119.97c (Y83.35/US$1) tomorrow will complete that key
reversal and turn the yen firmly up. Stocks today rounded and fell further from
that top they've been drawing. SAP fell 2.62 (0.19%) to 1,402.90 while the Dow
fell 45.57 (0.36%) to close at 13,124.62. Y'all don't get too disappointed when
it falls, because it will be only the first in a very long series of
disappointments Wait! I'd better stop saying such things. I am liable to get a
visit from the Nice Government Men in the NOTSUA -- National Office to Suppress
Un-American Activities. Argentum et aurum comparenda sunt -- -- Gold and silver
must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com ©
2012, The Moneychanger. May not be republished in any form, including
electronically, without our express permission. To avoid confusion, please
remember that the comments above have a very short time horizon. Always invest
with the primary trend. Gold's primary trend is up, targeting at least
$3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66;
stocks' primary trend is down, targeting Dow under 2,900 and worth only one
ounce of gold; US$ or US$-denominated assets, primary trend down; real estate
bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that short term trading outlook. I write them
for long-term investors in physical metals. Take them as entertainment, but not
as a timing service for futures. NOR do I recommend investing in gold or silver
Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one
or another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today’s Dow Jones Industrial Average DJIA Index, Nasdaq, S&P 500 Stock Market Investing Economic News Today
Todays DJIA, Nasdaq, S&P 500 Stock Market Investing News Trends Today: The
DJIA, as well as the Nasdaq and the S&P 500 stock market indices, finished the
second trading session this week in the red across the board. Investors are
interested to observe and analyze this weeks worth of housing sector data. What
posted yesterday was generally better than expected. The number of housing
permits in February climbed higher by just over 5 percent. Although this was
better than expected, investors worried about the weak stock market trends
overseas and the side bar discussions pertaining to an economic growth slowdown
in China. This news pressured stock index trends in the U.S. last session which
ultimately pushed them below break-even for the day. This morning, prior to
opening bell, futures for the Dow Jones Industrial Average, as well as the
Nasdaq and the S&P 500 were posting green. Stocks positioned for the higher open
today and the housing market remained in focus. Data was came in mixed today.
The housing sector data was weaker than expected. Existing home sales data
posting for February was lower than anticipated. According to the National
Association of Realtors, existing home sales dropped in February by over 5
percent to post at 4.59 million. Many were hoping to observe a stream of
positive housing sector data this week which for many would have been a sign
that the sector is stepping towards sustained recovery. This data was definitely
a set-back. Adding to the pressure felt by Americans today was the posted rise
in gas per gallon price. AAA motorist group stated that the average price
notched higher to $3.86 cents today. Stock market trends wavered today as a
result of the mixed economic data. DJIA, Nasdaq, S&P 500 Market Trends
Approaching Close: The Dow posted red by .28 percent at 13,133.03. The S&P 500
was red as well by .19 percent at 1,402.89. The Nasdaq was green by .04 percent
at 3,075.32 as close finalized today. Frank Matto
DJIA, as well as the Nasdaq and the S&P 500 stock market indices, finished the
second trading session this week in the red across the board. Investors are
interested to observe and analyze this weeks worth of housing sector data. What
posted yesterday was generally better than expected. The number of housing
permits in February climbed higher by just over 5 percent. Although this was
better than expected, investors worried about the weak stock market trends
overseas and the side bar discussions pertaining to an economic growth slowdown
in China. This news pressured stock index trends in the U.S. last session which
ultimately pushed them below break-even for the day. This morning, prior to
opening bell, futures for the Dow Jones Industrial Average, as well as the
Nasdaq and the S&P 500 were posting green. Stocks positioned for the higher open
today and the housing market remained in focus. Data was came in mixed today.
The housing sector data was weaker than expected. Existing home sales data
posting for February was lower than anticipated. According to the National
Association of Realtors, existing home sales dropped in February by over 5
percent to post at 4.59 million. Many were hoping to observe a stream of
positive housing sector data this week which for many would have been a sign
that the sector is stepping towards sustained recovery. This data was definitely
a set-back. Adding to the pressure felt by Americans today was the posted rise
in gas per gallon price. AAA motorist group stated that the average price
notched higher to $3.86 cents today. Stock market trends wavered today as a
result of the mixed economic data. DJIA, Nasdaq, S&P 500 Market Trends
Approaching Close: The Dow posted red by .28 percent at 13,133.03. The S&P 500
was red as well by .19 percent at 1,402.89. The Nasdaq was green by .04 percent
at 3,075.32 as close finalized today. Frank Matto
Michael Fowler Says The Gold Sector Is On Sale (GLD, GDX, GDXJ, AEM, KGC, ABX ...
Michael Fowler Says The Gold Sector Is On Sale (GLD, GDX, GDXJ, AEM, KGC, ABX
... ETF Daily News - 6 minutes ago Brian Sylvester: Michael Fowler, senior
mining analyst with Loewen, Ondaatje, McCutcheon sees small- and mid-cap junior
producers and developers as the "sweet spot" in the gold equities space, and
provides a basket of names to consider in each space.
... ETF Daily News - 6 minutes ago Brian Sylvester: Michael Fowler, senior
mining analyst with Loewen, Ondaatje, McCutcheon sees small- and mid-cap junior
producers and developers as the "sweet spot" in the gold equities space, and
provides a basket of names to consider in each space.
BASE METALS HIGHLIGHTS: Top Stories Of The Day
BASE METALS HIGHLIGHTS: Top Stories Of The Day NASDAQ - 1 hour ago LIMA -(Dow
Jones)- Informal mining operations in the Madre de Dios region in southern Peru
will be eradicated within a 12-month period, Prime Minister Oscar Valdes said.
Jones)- Informal mining operations in the Madre de Dios region in southern Peru
will be eradicated within a 12-month period, Prime Minister Oscar Valdes said.
Jim Rogers: “2012 Won’t Look so Bad,” But U.S. Recession by 2014
Legendary investor Jim Rogers predicted more challenging times ahead for the
U.S. economy, although he does not seem them occurring this year. In a recent
interview with Opalesque Radio , Rogers discussed his latest outlook for the
financial markets and economy. The overall situation is getting much worse
because the debt is going through the roof for all of us, he contended. You
should be worried about 2013, 2014 but overall 2012 wont look so bad. Rogers
also noted that Profitability for American companies is at an all time high if
you measure return on equity. Some people anticipate that profits cannot get
much better but even if they do they cant last much longer. With regard to where
hes investing currently, Rogers stated that I personally invest in real assets.
If the economy improves Ill make money because the demand for those assets will
increase. On the other side, when governments get in trouble they print more
money and when they do that you can protect yourself by owning real assets.
Although he did not discuss gold specifically, Rogers comments indicated that he
remains bullish on the yellow metal.
U.S. economy, although he does not seem them occurring this year. In a recent
interview with Opalesque Radio , Rogers discussed his latest outlook for the
financial markets and economy. The overall situation is getting much worse
because the debt is going through the roof for all of us, he contended. You
should be worried about 2013, 2014 but overall 2012 wont look so bad. Rogers
also noted that Profitability for American companies is at an all time high if
you measure return on equity. Some people anticipate that profits cannot get
much better but even if they do they cant last much longer. With regard to where
hes investing currently, Rogers stated that I personally invest in real assets.
If the economy improves Ill make money because the demand for those assets will
increase. On the other side, when governments get in trouble they print more
money and when they do that you can protect yourself by owning real assets.
Although he did not discuss gold specifically, Rogers comments indicated that he
remains bullish on the yellow metal.
Amazon.com Buying Robot Company In $775m Deal
Amazon.com (NASDAQ:AMZN) has agreed to buy Kiva Systems for $775 million.
Amazon.com Buying Robot Company In $775m Deal The online giant Amazon.com
(NASDAQ:AMZN) has acquired robot maker Kiva Systems for $775 million, in its
second biggest takeover deal. The company will use robots developed by Kiva to
use in its fulfillment centers to pick items
Amazon.com Buying Robot Company In $775m Deal The online giant Amazon.com
(NASDAQ:AMZN) has acquired robot maker Kiva Systems for $775 million, in its
second biggest takeover deal. The company will use robots developed by Kiva to
use in its fulfillment centers to pick items
Precious Metals Shares Stagnant, XAU Pares Gains
Gold and silver shares were unable to gain any traction on Wednesday despite
modest gains in precious metals. The Philadelphia Gold & Silver Index (XAU)
initially climbed 1.1% to 179.73, but gave back the large majority of its gains
in mid-day trading.
modest gains in precious metals. The Philadelphia Gold & Silver Index (XAU)
initially climbed 1.1% to 179.73, but gave back the large majority of its gains
in mid-day trading.
Today’s Gold Price per ounce Spot gold price per gram; Silover price per ounce Contract review Mid-Day today
Gold and silver price trend market news review to day mid-day: Although
contract gold and silver prices were pressured lower during the second trading
session of this week, the spot gold price and spot silver price were tracking
higher prior to opening bell this morning. Gold and silver prices were pressured
lower last session due to several variables. The strength of the U.S. dollar
versus the euro and other global currencies pulled some investors away from the
precious metals. In addition, worries relating to global economic growth
pressured precious metal gold price-line as well. Fears pertaining to a slowdown
in Chinas economy, paired with declines in demand out of India, pushed the
precious metal prices lower through the session. Today, as the trading day
reached the mid-day mark, gold and silver price trends were positive. gold and
silver contract prices were Todays Gold price per ounce and silver price per
ounce mid-day contract review: Electronic price posts were positive for gold and
silver contracts mid-way through the trading session today. April contract gold
was green at 1653.90 per troy ounce. May contract silver was green at 32.24 per
troy ounce. Spot gold price per gram and spot silver price per ounce mid-day
trend review: Spot gold price per gram and spot silver price per ounce trends
were tracking positively at the halfway point in todays trading session. Spot
gold per gram price posted at 53.07. Spot silver price per ounce posted at 32.08
at the mid-day mark. Camillo Zucari
contract gold and silver prices were pressured lower during the second trading
session of this week, the spot gold price and spot silver price were tracking
higher prior to opening bell this morning. Gold and silver prices were pressured
lower last session due to several variables. The strength of the U.S. dollar
versus the euro and other global currencies pulled some investors away from the
precious metals. In addition, worries relating to global economic growth
pressured precious metal gold price-line as well. Fears pertaining to a slowdown
in Chinas economy, paired with declines in demand out of India, pushed the
precious metal prices lower through the session. Today, as the trading day
reached the mid-day mark, gold and silver price trends were positive. gold and
silver contract prices were Todays Gold price per ounce and silver price per
ounce mid-day contract review: Electronic price posts were positive for gold and
silver contracts mid-way through the trading session today. April contract gold
was green at 1653.90 per troy ounce. May contract silver was green at 32.24 per
troy ounce. Spot gold price per gram and spot silver price per ounce mid-day
trend review: Spot gold price per gram and spot silver price per ounce trends
were tracking positively at the halfway point in todays trading session. Spot
gold per gram price posted at 53.07. Spot silver price per ounce posted at 32.08
at the mid-day mark. Camillo Zucari
Gold Stock Price Update for Today, Mar-21
Gold Stock Price Update for Today, Mar-21 Fyxnews - 1 hour ago Gold stock
prices for today, Wednesday, March 21, 2012. This is an overview of how gold
mining stocks are performing. Barrick Gold Corporation (NYSE:ABX) is currently
trading at $43.79.
prices for today, Wednesday, March 21, 2012. This is an overview of how gold
mining stocks are performing. Barrick Gold Corporation (NYSE:ABX) is currently
trading at $43.79.
Gold Price Firm, Further “Monetary Reflation” Ahead?
GOLD PRICE NEWS – The gold price held firm near $1,655 per ounce on Wednesday
as the yellow metal continued to consolidate in morning trading.
as the yellow metal continued to consolidate in morning trading.
Top Gainers in Pre-market Today, Mar-21
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Top Gainers in Pre-market Today, Mar-21 Fyxnews – 5 minutes ago YPF SA (NYSE:YPF) is currently trading at $31 up 13.0% in pre-market on 15800 shares traded. YPF is trading -17.51% below its 50 day moving average and -23.34% below its 200 day moving average.
Play the Gold Market with Weekly Options
Trade short-term gold options for a quick hedge against inflation fears.
Alacer Gold Enters “Mid-Tier Producer Ranks”
Alacer Gold (ASR.TSX) reported financial results for the year ended December
31, 2011.
31, 2011.
Tuesday March 20, 2012
Good Evening! Awesome start to the week hitting a solid 9% on the DANG swing
trade and after some disciplined day trades today I finished up just under
$5,000 in profits which makes up for some of my undisciplined day trades last
week. Its important I point out how NEOM completely retraced Fridays move and
why we focus on 10% rinse and repeat, even if it means leaving some on the table
from time to time. Was up about $6,000 at one point on PCX today but Id really
like to see this closer to $8 before I consider making any moves. The markets
advanced again today but not by much with the Dow +7, the Nasdaq +23 led by
Apple and the S&P 500 +6. Tuesdays economic calendar is light with housing
starts for February at 8:30 a.m. EST. Important Updates By Sunday JasonBondPicks
will be up and running as the home of premium content. While its not ready for
memberships yet, Im loading a lot of material at JasonBondPicks this week so you
can get used to using the new site. Feel free to ask questions about the watch
list down below, I get to these nightly and its better than email because your
question might help someone else too, plus it gives us a running log during the
week. My job is to help with these trade ideas so please dont be afraid to ask.
Thursday night well have a webinar for all swing trade subscribers located at
theStockMarketWatch (tSMW) and Ill have detailed instructions for you soon.
Moving forward this will be the location of our chat and webinars so lets get
used to it Thursday night. Youre membership to JasonBondPicks will be integrated
with theStockMarketWatch chat this time around but for the time being you will
need to create a username / password before Thursdays webinar. Open Trades HL
5,000 shares at $4.59 (current $4.65) swing long. I wouldnt mind owning another
5,000 shares because I think the upside on this trade is $1 per share swing
long. Not only is this chart at good technical support but if the market does
pull silver is likely to go up and silver producers with it. LYSCF 20,000
shares at $1.30 (current $1.29) swing long. I wont be shy to add size around
$1.20 should it go there and plan to hold this one for the $1.70s. I think the
rare earth situation in China would spark a big move in LYSCF in the coming
weeks if it plays out right. PCX 6,000 shares at $6.72 (current $7.21) swing
long. Should be smooth sailing up to $8 at which point Ill assess the trade. Id
be happy at $8 but think theres a real chance this stock hits $9 to $10 so
patience might be the name of the game here. PZZI 10,000 shares at $4.64
(current $4.64) swing long. This is also one of the best small cap stories we
will see in a long time. If the company puts out some good news, which they are
completely capable off, I think it could really get going. TVIX
trade and after some disciplined day trades today I finished up just under
$5,000 in profits which makes up for some of my undisciplined day trades last
week. Its important I point out how NEOM completely retraced Fridays move and
why we focus on 10% rinse and repeat, even if it means leaving some on the table
from time to time. Was up about $6,000 at one point on PCX today but Id really
like to see this closer to $8 before I consider making any moves. The markets
advanced again today but not by much with the Dow +7, the Nasdaq +23 led by
Apple and the S&P 500 +6. Tuesdays economic calendar is light with housing
starts for February at 8:30 a.m. EST. Important Updates By Sunday JasonBondPicks
will be up and running as the home of premium content. While its not ready for
memberships yet, Im loading a lot of material at JasonBondPicks this week so you
can get used to using the new site. Feel free to ask questions about the watch
list down below, I get to these nightly and its better than email because your
question might help someone else too, plus it gives us a running log during the
week. My job is to help with these trade ideas so please dont be afraid to ask.
Thursday night well have a webinar for all swing trade subscribers located at
theStockMarketWatch (tSMW) and Ill have detailed instructions for you soon.
Moving forward this will be the location of our chat and webinars so lets get
used to it Thursday night. Youre membership to JasonBondPicks will be integrated
with theStockMarketWatch chat this time around but for the time being you will
need to create a username / password before Thursdays webinar. Open Trades HL
5,000 shares at $4.59 (current $4.65) swing long. I wouldnt mind owning another
5,000 shares because I think the upside on this trade is $1 per share swing
long. Not only is this chart at good technical support but if the market does
pull silver is likely to go up and silver producers with it. LYSCF 20,000
shares at $1.30 (current $1.29) swing long. I wont be shy to add size around
$1.20 should it go there and plan to hold this one for the $1.70s. I think the
rare earth situation in China would spark a big move in LYSCF in the coming
weeks if it plays out right. PCX 6,000 shares at $6.72 (current $7.21) swing
long. Should be smooth sailing up to $8 at which point Ill assess the trade. Id
be happy at $8 but think theres a real chance this stock hits $9 to $10 so
patience might be the name of the game here. PZZI 10,000 shares at $4.64
(current $4.64) swing long. This is also one of the best small cap stories we
will see in a long time. If the company puts out some good news, which they are
completely capable off, I think it could really get going. TVIX
Today’s Gold price per ounce Spot gold price per gram; Spot silver price per ounce Price of Gold and Silver Trends Today
Market News Gold and Silver Price Trends Today: Stock indices took a tumble
during the second trading session of this week. Markets overseas ended lower as
concerns about slowing economic growth in major economies of the world decreased
investors confidence. Many fear the the worlds second largest economy, China, is
heading for an economic slowdown. China is one of the worlds largest consumers
of precious metals and so fear of the slowdown added to the negative pressure
experienced by precious metal price trend-lines. Gold and silver futures slipped
lower last session. Adding to the pressure last session was the improving market
strength of the dollar versus a basket of other currencies. The stronger dollar
reduced the number of investors looking to position with precious metal safe
havens. Gold and silver prices fell during the day as a result. Todays Gold
contract and Silver contract Close Price Review: Gold contract for April
delivery finished the last session lower by 1.22 percent at 1647 per troy ounce.
May contract silver finished the session red by 3.40 percent and posted a floor
price close at 31.83 per troy ounce. Todays Spot gold price per gram and spot
silver price per ounce trends: Prior to opening bell this morning, spot gold
price per gram and spot silver price per ounce were tracking higher. Spot gold
price posted at 53.24 per gram and spot silver price posted at 32.22 per ounce.
Camillo Zucari
during the second trading session of this week. Markets overseas ended lower as
concerns about slowing economic growth in major economies of the world decreased
investors confidence. Many fear the the worlds second largest economy, China, is
heading for an economic slowdown. China is one of the worlds largest consumers
of precious metals and so fear of the slowdown added to the negative pressure
experienced by precious metal price trend-lines. Gold and silver futures slipped
lower last session. Adding to the pressure last session was the improving market
strength of the dollar versus a basket of other currencies. The stronger dollar
reduced the number of investors looking to position with precious metal safe
havens. Gold and silver prices fell during the day as a result. Todays Gold
contract and Silver contract Close Price Review: Gold contract for April
delivery finished the last session lower by 1.22 percent at 1647 per troy ounce.
May contract silver finished the session red by 3.40 percent and posted a floor
price close at 31.83 per troy ounce. Todays Spot gold price per gram and spot
silver price per ounce trends: Prior to opening bell this morning, spot gold
price per gram and spot silver price per ounce were tracking higher. Spot gold
price posted at 53.24 per gram and spot silver price posted at 32.22 per ounce.
Camillo Zucari
Report: The Rise of Tech Is a ‘Mixed Blessing’ for News Organizations
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace With PCs, tablets, and smartphones, access to news is better than ever, but the news industry is slow to shape technology to its needs, a Pew study shows.
Gold & Silver Prices – Daily Outlook March 21st 2012
Gold and silver prices sharply declined yesterday along with the Australian
dollar on speculation regarding the economic growth of China and consequently
Australia. Currently gold and silver price are rising. Today, Great Britain MPC
Meeting Minutes will be published, U.S Existing Home Sales, Japans Trade balance
and China flash Manufacturing PMI.
dollar on speculation regarding the economic growth of China and consequently
Australia. Currently gold and silver price are rising. Today, Great Britain MPC
Meeting Minutes will be published, U.S Existing Home Sales, Japans Trade balance
and China flash Manufacturing PMI.
Gold and Silver Sharply Fell on Tuesday –Recap March 20th
Gold and silver prices changed direction again and after they had increased on
Monday, they sharply fell yesterday. Crude oil prices also sharply declined;
natural gas future edged up yesterday. The Euro moderately decreased against the
U.S. dollar. Here is a summary of the changes in precious metals and energy
commodities for March 20th, 2012: Precious Metals: Gold price sharply fell by
1.22% to $1,647; Silver price also decreased by 3.4% and reached $31.83. During
March, gold decreased by 3.76% and silver by 8.11%. The Euro/USD slipped
yesterday by 0.1% to 1.3225; furthermore, the U.S Dollar sharply appreciated
against other exchange rates such as the Aussie dollar. Oil and Gas: WTI price
also declined by 0.64% to $105.61 per barrel; Brent oil also sharply decreased
by 2.29% to $124.5 per barrel; Due to these changes, the difference between
Brent and WTI oil prices expanded to $18.89/bbl. During the month, WTI declined
by 1.36% while Brent oil rose by 0.5%. The Henry Hub future (April delivery)
decreased by 0.85% to $2.33/mmbtu; the Henry Hub spot price sharply rose to
$2.19/mmbtu; the difference between the spot and future reached $0.14/mmbtu,
i.e. Contango. A Summary of Changes for March 20th: The table
Monday, they sharply fell yesterday. Crude oil prices also sharply declined;
natural gas future edged up yesterday. The Euro moderately decreased against the
U.S. dollar. Here is a summary of the changes in precious metals and energy
commodities for March 20th, 2012: Precious Metals: Gold price sharply fell by
1.22% to $1,647; Silver price also decreased by 3.4% and reached $31.83. During
March, gold decreased by 3.76% and silver by 8.11%. The Euro/USD slipped
yesterday by 0.1% to 1.3225; furthermore, the U.S Dollar sharply appreciated
against other exchange rates such as the Aussie dollar. Oil and Gas: WTI price
also declined by 0.64% to $105.61 per barrel; Brent oil also sharply decreased
by 2.29% to $124.5 per barrel; Due to these changes, the difference between
Brent and WTI oil prices expanded to $18.89/bbl. During the month, WTI declined
by 1.36% while Brent oil rose by 0.5%. The Henry Hub future (April delivery)
decreased by 0.85% to $2.33/mmbtu; the Henry Hub spot price sharply rose to
$2.19/mmbtu; the difference between the spot and future reached $0.14/mmbtu,
i.e. Contango. A Summary of Changes for March 20th: The table
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