Gold shares are unique. Most indexes have followed pretty much the same pattern. Not gold. We thought today we’d have a look at something out of the norm, to see if there are some gains brewing. Gold shares have traded in a large channel since last September. It’s taking both the good and the bad at this stage. On one hand, there are the rising prices of bullion.
May 27th, 2008 | Gabriel Andre | 0 comments | ContinuedArchive for Gabriel Andre
A former Futures and FX trader/portfolio manager, Gabriel Andre has worked in several hedge funds and asset management firms, both in Europe and Australia. He is a contributing editor to both Diggers & Drillers and the Australian Small Cap Investigator.
Platinum Ready for New Bull Leg
How do you describe an investment that explodes for a 50% gain in 40 days? Boom! A more accurate word would be “platinum”.Since its initial burst, platinum eased off the accelerator and dropped back down to the stratosphere. It remains on a bullish trend, however. After the correction, buyers took advantage, and got back into a good fundamental trade.
May 26th, 2008 | Gabriel Andre | 3 comments | Continued
Uranium Shares To Show Gains in Face of $120 Oil
Perhaps the massive blow-up and run-down in uranium shares last year has left your memory. Uranium producers have certainly not been popular of late. There are two uranium companies whose fortunes could be about to change. But to understand why, you should know the full story of uranium. The uranium price from last year reminds us a bit of when Jack tossed those magic beans out the kitchen window. Zip. Pretty soon a massive growth had burst out of nowhere.
May 7th, 2008 | Gabriel Andre | 2 comments | Continued
Technical Analysts see the Market 80% Psychological and 20% Logical
We often say that technical analysts see the market as 80% psychological and 20% logical. Fundamental analysts see the market to be 20% psychological and 80% logical. Who’s right? Neither is completely right, but both have the same aim. It’s their methods that are different. The aim of technical analysis is to forecast, through the study of charts, future price actions of a traded asset…
April 9th, 2008 | Gabriel Andre | 4 comments | Continued
Gold Price Surges on Bernanke Rate Cut Tip
The recent acceleration in the gold price is not solely explained by traditional long-term investors. People aren’t just turning to hard assets to hedge their portfolios and to protect themselves against eroding purchasing power. There is more than that. In fact, the big players have taken a dip in the pool of fear. Recent turmoil in stocks and the economic uncertainty have scared hedge funds and proprietary traders. These big-time traders are evacuating risky assets and embracing gold.
February 28th, 2008 | Gabriel Andre | 0 comments | Continued
Aussie Dollar Likely to Hit Parity With U.S. Dollar by End of Year
February trading confirmed the strengthening potential of the Australian dollar against all currencies, and especially against the US Dollar. It opened the week trading around 0.9230. It’s up more than 3% since the beginning of the month. Many investors are now more and more positive on the Australian dollar because it seems to have ‘decoupled’ from the greenback.
February 27th, 2008 | Gabriel Andre | 0 comments | Continued
The U.S. Dollar in 2008: Higher Volatility and End to Bearish Trend
There could be a comeback for the U.S. Dollar in 2008, for both technical and fundamental reasons.
Currency forecasts have not really changed since last year. Economic fundamentals and the themes and issues that financial markets stare at remain the same.
But despite an almost bearish consensus about the U.S. Dollar’s direction in 2008, the fundamental [...]
