Five Gold Price Catalysts On Our Radar [View article]
KW, you make a good point about the tension between whether the ECB's actions either contribute to the strength of gold or instead make the U.S. Dollar stronger. This issue has a lot of grey in it but perhaps becomes more clear by adding the dimension of time to this dilemma.
EU weakness over the last year has taken its toll on gold prices via a flight to the U.S. Dollar. Thus in the short term it seems more likely that further ECB action would have the same result. Over the longer term however it appears more likely that any central bank liquidity program is, in general, a net positive for gold prices.
Romney's VP Choice: Good For Gold This Fall? [View article]
Good points. In the longer term (past this Fall) gold investors must not only focus on who wins the Presidential race but also the makeup of Congress and the Federal Reserve. Given that, as noted above, there are plenty of variables outside of the US - ECB, China, Iran - that could overshadow any gold prices influences from within the United States.
Romney's VP Choice: Good For Gold This Fall? [View article]
Thanks for the comment and good point - it's a mixture of influences. I highlighted that in the first sentence of the last paragraph.
I do think America's fiscal dirty laundry being focused on will have a negative impact on the dollar and a positive impact on gold. The extent of that impact in a time with several looming catalysts (ECB, China, Iran), remains to be seen however.
2 Surprising Ways GLD Is Losing To IAU [View article]
Thanks for the comment. The "blow out" is in the inflow numbers this year. Significantly more muted is IAU's performance advantage over GLD. Both of these data points are surprising to see given GLD's major advantage in scale and awareness.
WisdomTree India Leads Fading PowerShares [View article]
Should be interesting to see what the rupee does this week. Also could more government policy decisions (like recent rise in gas pricing) give investors hope of more reform?
Good point David. Gold can be a victim of its own success versus other asset classes when it comes time to raise cash - especially in the short term. We saw it happen in late 2011.
I have been thinking of bullish gold news and current market impact as being like a faucet with a hose attached to it. The faucet has been turned on with positive news for gold but the water (returns) haven't come out of the end of the hose yet. My belief is that this is only a matter of time.
It is interesting that gold and gold miners are so disconnected today. Could it be a leading indicator or just a response to a tough last week for gold miners? Time will tell.
Obama Frack Attack? 2 ETFs To Monitor [View article]
Hi Zheeeem, thanks for the comments.
It will be interesting to see if forward looking markets incorporate this announcement and whether that is a bullish or bearish stance. Given it is an election year and Romney has been vocal about easing federal restrictions, this could create an interesting counter weight to any negative perception.
Mad COW? The Only Livestock ETP To Consider [View article]
Thanks for the comments. I can appreciate the concerns about the ETN structure and for many this is a non starter. For others, the ETNs may provide a more accessible route than directly owning futures in order to execute on a tactical idea. Judging by asset levels in these ETNs, it is clear that investors haven't found livestock ETNs to be a very compelling investment thus far. It will be interesting to monitor their activity now that a catalyst has been released in this space.
Five Gold Price Catalysts On Our Radar [View article]
EU weakness over the last year has taken its toll on gold prices via a flight to the U.S. Dollar. Thus in the short term it seems more likely that further ECB action would have the same result. Over the longer term however it appears more likely that any central bank liquidity program is, in general, a net positive for gold prices.
Thanks
Romney's VP Choice: Good For Gold This Fall? [View article]
Romney's VP Choice: Good For Gold This Fall? [View article]
Romney's VP Choice: Good For Gold This Fall? [View article]
I do think America's fiscal dirty laundry being focused on will have a negative impact on the dollar and a positive impact on gold. The extent of that impact in a time with several looming catalysts (ECB, China, Iran), remains to be seen however.
2 Surprising Ways GLD Is Losing To IAU [View article]
Best Gold ETF Choice Now? Miners [View article]
WisdomTree India Leads Fading PowerShares [View article]
Gold ETFs Sink On Euro Chaos [View article]
Gold ETFs Sink On Euro Chaos [View article]
Gold Miners ETFs Bounce [View article]
Thanks for the comment
Gold ETFs Sink On Euro Chaos [View article]
Gold ETFs Sink On Euro Chaos [View article]
Obama Frack Attack? 2 ETFs To Monitor [View article]
It will be interesting to see if forward looking markets incorporate this announcement and whether that is a bullish or bearish stance. Given it is an election year and Romney has been vocal about easing federal restrictions, this could create an interesting counter weight to any negative perception.
Mad COW? The Only Livestock ETP To Consider [View article]
Judging by asset levels in these ETNs, it is clear that investors haven't found livestock ETNs to be a very compelling investment thus far. It will be interesting to monitor their activity now that a catalyst has been released in this space.
A Real BRIC Breaker: EEB [View article]