Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner | Sourcing & Trading Intelligence for Global Metals Markets
Here is an excellent website on mining forecasts. You can expect good news and bad news on the website. That is exactly what you need to make intelligent decisions about buying mining stocks. Staying in touch with MetalMiner is worthwhile.
Saturday, December 7, 2013
Thursday, December 5, 2013
SPDR Gold Trust (ETF) (GLD): Gold: Still Not Enough Demand For A Rally - Seeking Alpha
SPDR Gold Trust (ETF) (GLD): Gold: Still Not Enough Demand For A Rally - Seeking Alpha
Here is an excellent article about how demand for gold is falling. According to the author, the cost of mining gold is falling also. So, the price of gold can decline further while some miners can still make a profit. When the miners have to shut down, then the supply will be less than the demand, and the price of gold will go up. We are not there yet, and gold investing should be on hold until things turn around.
Here is an excellent article about how demand for gold is falling. According to the author, the cost of mining gold is falling also. So, the price of gold can decline further while some miners can still make a profit. When the miners have to shut down, then the supply will be less than the demand, and the price of gold will go up. We are not there yet, and gold investing should be on hold until things turn around.
Demand and supply statistics | Investment | World Gold Council
Demand and supply statistics | Investment | World Gold Council
This is a link to the World Gold Council website. Do you ever wonder why the price of gold has been steadily dropping? According to statistics at the World Gold Council, the demand for gold is actually falling. I never would have thought this would happen, but it has. I'm sure the world still has plenty of gold bugs left, but until the demand for gold turns around, gold miners will not make much money.
This is a link to the World Gold Council website. Do you ever wonder why the price of gold has been steadily dropping? According to statistics at the World Gold Council, the demand for gold is actually falling. I never would have thought this would happen, but it has. I'm sure the world still has plenty of gold bugs left, but until the demand for gold turns around, gold miners will not make much money.
Wednesday, December 4, 2013
Continental Resources, Inc. Com Stock Chart | CLR Interactive Chart - Yahoo! Finance
Continental Resources, Inc. Com Stock Chart | CLR Interactive Chart - Yahoo! Finance
This is a link to Continental Resources, an oil company with the largest land position in the North Dakota Bakken area where oil production has been increasing dramatically year after year. I own CLR, and I have been watching it for several years. The stock has gained more than 50% in the past year. You simply have to be patient with the company because the rise is mostly gradual.
I have shown a current Yahoo chart below for six months. Click on the chart to expand it. The MACD momentum is down, but this is probably when you should buy the company on a pullback. Most people are not going to pick the exact bottom or top in a cycle. The price of oil has been going down, too, but it has now turned back up to stand at $97 today. I am happy to own Continental Resources at a time when we have big questions about how much further the general stock market can rise. I believe CLR will outperform the S&P 500 in the coming year just as it has during the past twelve months.
This is a link to Continental Resources, an oil company with the largest land position in the North Dakota Bakken area where oil production has been increasing dramatically year after year. I own CLR, and I have been watching it for several years. The stock has gained more than 50% in the past year. You simply have to be patient with the company because the rise is mostly gradual.
I have shown a current Yahoo chart below for six months. Click on the chart to expand it. The MACD momentum is down, but this is probably when you should buy the company on a pullback. Most people are not going to pick the exact bottom or top in a cycle. The price of oil has been going down, too, but it has now turned back up to stand at $97 today. I am happy to own Continental Resources at a time when we have big questions about how much further the general stock market can rise. I believe CLR will outperform the S&P 500 in the coming year just as it has during the past twelve months.
2 million stolen passwords for Facebook, Twitter, Google, Yahoo and others leaked online - NBC News.com
2 million stolen passwords for Facebook, Twitter, Google, Yahoo and others leaked online - NBC News.com
Here is an article about 2 million passwords that were stolen. It is believed that they were stolen from personal computers rather than from the popular websites. The article also stated that a lot of the passwords were simple ones like 123456. So, once again, people need to make strong passwords, and personal computers need to have enough security to prevent remote control from happening.
Here is an article about 2 million passwords that were stolen. It is believed that they were stolen from personal computers rather than from the popular websites. The article also stated that a lot of the passwords were simple ones like 123456. So, once again, people need to make strong passwords, and personal computers need to have enough security to prevent remote control from happening.
Tuesday, December 3, 2013
Charting S&P 500 Breadth & Multiples [SPDR S&P 500 ETF Trust] - Seeking Alpha
Charting S&P 500 Breadth & Multiples [SPDR S&P 500 ETF Trust] - Seeking Alpha
This is an outstanding article about how to discern a final stock market top before a bear decline. Figuring out a top PE is somewhat elusive, but the book value of stocks and the breadth of the stock market are very good indicators. As the author mentioned, we are not near a market top yet when it comes to book value and breadth of stocks above the 200 day moving average.
However, a market correction can happen at any time. We are now down two days in a row on rumors of lower Christmas sales and Federal Reserve QE tapering. We still have further to fall in this correction. Take a look at the chart below from StockCharts.com for the S&P 500 versus aggregate bonds (AGG). Click on the chart to expand it. Notice that the MACD signal line gave a reversal clue that we were at an intermediate stock market top, and we were headed for a decline whose extent is not yet known.
This is an outstanding article about how to discern a final stock market top before a bear decline. Figuring out a top PE is somewhat elusive, but the book value of stocks and the breadth of the stock market are very good indicators. As the author mentioned, we are not near a market top yet when it comes to book value and breadth of stocks above the 200 day moving average.
However, a market correction can happen at any time. We are now down two days in a row on rumors of lower Christmas sales and Federal Reserve QE tapering. We still have further to fall in this correction. Take a look at the chart below from StockCharts.com for the S&P 500 versus aggregate bonds (AGG). Click on the chart to expand it. Notice that the MACD signal line gave a reversal clue that we were at an intermediate stock market top, and we were headed for a decline whose extent is not yet known.
Sunday, December 1, 2013
InfoMine - Mining Intelligence and Technology
InfoMine - Mining Intelligence and Technology
Here is a great website to stay up on mining news along with commodity and precious metal prices. You will probably make more money through buying individual miners rather than ETFs in the mining sector. I recommend stocks like DNN, URG, and URZ for uranium. As for gold, I like TGD and KLNDF. As for copper, I own AZC as well as all of the stocks previously mentioned.
Here is a great website to stay up on mining news along with commodity and precious metal prices. You will probably make more money through buying individual miners rather than ETFs in the mining sector. I recommend stocks like DNN, URG, and URZ for uranium. As for gold, I like TGD and KLNDF. As for copper, I own AZC as well as all of the stocks previously mentioned.
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