Premium Updates

Market Alert sent on October 27th 2009

The precious metals have been trading sideways this week - does that mean that the consolidation is over or does it mean that a local top is yet to come? This week we provide our view on that topic with the emphasis on the short-term price movement. Another topic that has been widely covered in this update is the future performance of the precious-metals-related investments relative to other commodities and ETFs. Moreover, I comment on the link between gold and crude oil, and I focus on the implications it may have on the precious metals stocks.

Last week Reserve Bank of Australia raised its main interest rate. Will the Fed follow? What if? How likely is this to take place? The juniors have been disappointing in the previous months (although AQI.TO is up 90% since we featured it 2 weeks ago) - are set to shine once again, or should investors dump these stocks? Apart from answering the above questions, and analyzing PMs along with their key drivers, we take a look at gold priced in several key currencies: Euro, Yen, Pound, Canadian Dollar, and Australian Dollar.

This week gold moved decisively above the $1,000 barrier, and there is no doubt that this is a significant development in the precious metals market. This week I focus on how high this rally is likely to take PMs, and PM stocks, by applying several different tools. Other topics covered this week include: silver to gold ratio, platinum, and the description of the most interesting ETFs, ETNs and mutual funds investing in the PM market.

Market Alert sent on October 6th 2009