GOLD has made a short term move over $1575 – does it have legs to run?
Gold has made a short term move over $1,575 which is greater than the 20 day moving average a key level for many watching the yellow metal.
Tag Archives: GFI
Gold – Why the carnage? Gold Miners – What happened?
The Gold price and the share prices of gold miners have been under heavy pressure, with miners in a deep, deep funk. Let’s discuss.
All I want for Christmas is gold
China, the Fed, the Bank of Japan and the European Central Bank all gave reasons to ask Santa for gold this Christmas, and possibly gold miners for the brave souls who have been good this year.
Prepare for global easing with Gold Fields
Recent developments in the United States, Europe and Japan point to monetary easing on a global basis being around for quite some time. Gold Fields (GFI, quote) offers shareholders protection against the adverse effects of central bankers debasing fiat currencies along with a strong dividend yield.
South Africa stock market at new high
While the South African JSE (Johannesburg Stock Exchange) hit a record high in recent market action, there could be greater gains ahead for South Africa stock after November’s American presidential election.
Will gold still glitter this year?
Gold has been volatile lately as global economic issues and a strong dollar compete to set direction in the metal.
Trading the Globe TODAY: 3 pair trades to reward active stock pickers
All asset classes have been moving together in unusually high correlations since August, but traders can still beat the market if they pick the right names and avoid the laggards. We talk about why this is especially true in emerging markets today on Trading the Globe.
Emerging Markets Week Ahead: Will Markets Cheer a Greece Deal?
Futures markets and currencies are welcoming news on Sunday of approval for further austerity measures in the Greek parliament. The news could support the markets but earnings will still dominate over the next week.
State of emergency declared in Peru (NEM, SCCO, EPU)
President Humala has declared a state of emergency in the northern part of Peru as talks with protesters have broken down. The army and police will have additional powers for 60 days, including the right to arrest without a warrant in four states within the Cajamarca region.
South Africa lets commodities boom pass it by
For much of the last decade, rising commodities prices have boosted the economies of the emerging markets, attracting investment and jobs and allowing those countries begin growing their own middle-class consumers.
