Tag: Gold

Friday Poll: Has Gold lost its luster?

Posted on by The INO.com Team

gold barsGold futures fell to a six-month low after Federal Reserve Chairman Bernanke says the U.S. economy is recovering, easing pressure for more stimulus measures by the U.S. Government.

Another blow to Gold was the announcement that Billionaire investors George Soros and Louis Moore Bacon cut their stakes in exchange-traded products backed by gold last quarter as futures dropped the most in more than eight years.

With these big investors bailing out on Gold we wanted to know.....

What will you do with your Gold positions today?

View Results

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Please take a moment to vote on the poll and leave a comment with thoughts on Gold.

Every Success,
Jeremy

Chris Ecclestone: Gold Will Fall, Time to Switch to Specialty Metals?

Posted on by admin

The Metals Report: Christopher, you believe that the market will recover in 2013. Why?

Chris Ecclestone: We'll have a different type of recovery than we've had in the past, when everything was driven by the financial industry and house price inflation. The U.S. keeps driving along the edge of the cliff like Thelma and Louise, but never actually going over.

I get the feeling that there will inevitably have to be a recuperation. The ducks are in the row now for an industrial recuperation probably a construction-led one. I'm not talking about a rip-roaring recovery, but there is such a delicate balance in base metals between supply and demand that it doesn't take much recovery to vacuum up lingering stocks and tip the markets back into a deficit situation again.

TMR: The Dow Jones Industrial Average is a couple of hundred points away from its all-time high. Do you get the sense that retail investor sentiment has changed? Continue reading "Chris Ecclestone: Gold Will Fall, Time to Switch to Specialty Metals?" →

Today's MarketClub TV: SOTU Over and Now Currency Wars

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 13th of February.

A WORLD OF OPPORTUNITY IN FOREIGN EXCHANGE
In today's show we will be focusing on the global currency markets. We will also be covering our regular markets, as well as answering any of your questions.

The world of foreign exchange trading is unique animal. Unlike a security, which may trade on one or two exchanges, foreign exchange or Forex as it is generally know by, is traded around the world. Today, we will be sharing with you all of the different choices you have to trade in this worldwide market.

You may have recently heard the terms "currency wars" and "race to the bottom" on the financial news. In today's show, we will explain these two terms and what they mean to you and your pocketbook. Continue reading "Today's MarketClub TV: SOTU Over and Now Currency Wars" →

Today's Video Newsletter: Money Makes The World Go Around

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 12th of February.

TONIGHT - STATE OF THE UNION
I will be a guest on CNBC Asia, live from Washington DC shortly after the State of the Union Address on "Cash Flow" around 10pm ET, tonight (Feb 12th). I will be discussing President Obama's speech and what effect it will have on the markets. I hope you have time to tune in and watch.

CURRENCY WARS
You have probably heard the terms "currency wars" and "race to the bottom" to describe what has been taking place in the world currency markets in the last few years. Today, we will be looking into a market that is bigger than all of the US equity markets combined and trades over four trillion dollars a day! Continue reading "Today's Video Newsletter: Money Makes The World Go Around" →

Today's Video Newsletter: A Snake, an iWatch and the State of the Union

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 11th of February.

2013-THE YEAR OF THE SNAKE
Yesterday was the beginning of Chinese New Year, the year of the snake. Traditionally, the Chinese set off fireworks to mark this holiday and celebrations take place throughout China. This year, sales of fireworks were 37% less than in previous years. This was said to reflect a government appeal to ignite fewer fireworks to avoid more pollution in the cities. The year of the snake means it's going to be a year of steady progress, focus and discipline for the nation of China. Given the crazy world that we are living in, steady progress, focus and discipline are not a bad way to go IMHO. Continue reading "Today's Video Newsletter: A Snake, an iWatch and the State of the Union" →