Entries Tagged as 'gold'
The 2013 Federal Budget, the Australian Economy and Gold
May 20th, 2013 · 5 Comments
For the last few years I have been warning that steps needed to be taken to prepare the Australian economy for when the commodities cycles would turn downwards. Back when I first started writing about this, it was almost considered treason to even suggest the mining boom may draw to a close. But these days even the RBA, Treasury and Wayne Swan are talking about the end of the commodities boom.
Tough times for Gold Prices, Mining Stocks & the ASX 200
April 18th, 2013 · 14 Comments
It has been quite a week with investors needing to digest the slump in gold prices and also the weakening of commodity prices as well. Although I have been warning about both a gold and commodities bubble for some time, I have to admit I didn’t expect the gold price to fall back quite this much, this early.
ASX Charts Review: S&P/ASX 200, All Ords Index, CBA, GOLD & TLS
April 8th, 2013 · 33 Comments
The Australian stock market appears poised to head lower this week and there are signs that the rally which started in the middle of 2012, is turning into a decent sized correction. Over the next week or so the key areas to watch will be the mining stocks, banking stocks and gold prices. But already if we look at some charts in these areas we can see a trend developing.
Gold versus S&P 500 – Where is the Value?
March 30th, 2013 · 30 Comments
This past week we received the final 4th Quarter GDP number which came in at 0.39%. The total 4th Quarter growth was terrible, plain and simple. Based on the performance in the equity markets that we have seen thus far in the 1st Quarter of 2013 investors would expect strong GDP growth. However, the only thing spurring stock market growth is the constant humming of Ben Bernanke’s printing press.
Stockwatch: WorleyParsons Ltd (WOR)
February 25th, 2013 · 1 Comment
WorleyParsons Ltd (ASX: WOR), in line with a recent theme, announced–on the same day it revealed results for the first half of fiscal 2013–a new contract award, this one to provide engineering services at the Fort Hills oil sands project. The work, which will begin immediately, will generate AUD140 million of revenue for WorleyParsons. Fort Hills is jointly owned by Suncor Energy Inc (TSX: SU, NYSE: SU), Total SA (France: FP, NYSE: TOT) and Teck Resources Ltd (TSX: TCK/B, NYSE: TCK).
Will the S&P/ASX 200 continue to rally in 2012?
December 17th, 2012 · 16 Comments
As we approach the end of the year, the annual topic of a “Santa Rally” rears its head and although I don’t believe Santa can rally stocks, I do wonder if the current upwards trend of the Australian stock market can be sustained for much longer. Will the S&P/ASX 200 finish 2012 on a high, or will slide back and finish well below 4500.
WTI Crude Oil & Oil Stocks Seasonality & Year-End Outlook
October 31st, 2012 · 9 Comments
Crude oil has had some large price swings this year and another one may be on its way. This report shows the seasonality of crude oil along with where oil is trading and what the oil service stocks are telling us is likely to happen going into year end.
70 Second U.S. Market Outlook – Metals, Dollar, Bonds, Stocks, Energy
October 5th, 2012 · 5 Comments
Over the past year we have had some really interesting things unfold in the market. Investing or even swing trading has been much more difficult because of all the wild economic data and daily headline news from all over the globe causing strong surges or sell offs almost every week.
Silver Suffers The Most From Bernanke And What Is Next
August 3rd, 2012 · No Comments
While the exchange traded funds for gold (NYSEARCA: GLD TRADING - GLD QUOTE) and copper (NYSEARCA: JJC) fell today due to investors expressing disappoint at the modest response of the Federal Reserve to declining economic growth, it was silver (NYSEARCA: SLV Trading, SLV Quote) that was off the most.
