[Burkett is quoted in an upcoming book,] Bush's War for Re-election, ... reputation is impeccable. |
A breach of the psychological $600 is likely to have a knock on effect, drawing fresh investor interest towards the market. |
A sudden increase in geopolitical tensions or a fresh bout of speculative/investor buying still has the potential to force a test of $600. |
a taste of home and to cheer them up some. |
And we know that the president's record in terms of his grounding as a pilot is missing. The final points totals are missing. Any medical records are missing. And a retirement statement, in terms of the points he earned, is missing. |
As we approach year-end, further profit taking can be expected with the thin condition creating plenty of volatility. Support is now pegged at $485/oz while moves back towards $500/oz are likely to be seen as good selling opportunities. |
As we approach year-end, further profit taking can be expected with the thin condition creating plenty of volatility. Support is now pegged at 485/oz while moves back towards $500/oz are likely to be seen as good selling opportunities. |
Buying overnight has lifted platinum back to $1 080/oz and the bullish mood in the metal looks set to test $1 100/oz in the coming sessions. |
Conditions are set to remain volatile in silver for some time to come as traders await the SEC's decision on Barclay's ETF application. |
Currency watching has been seen overnight and will continue across the rest of the week as the metal goes through a consolidation phase, |
Despite the market looking overbought at the moment, the second anniversary of Sept 11th and the pending renewal of the Washington Gold Agreement are likely to underpin the metal whilst the recent rise in investor interest has been behind gold's recent gains, |
Despite the market looking overbought at the moment, the second anniversary of Sept 11th and the pending renewal of the Washington Gold Agreement are likely to underpin the metal whilst the recent rise in investor interest has been behind gold's recent gains. |
Despite the market looking top heavy and in need of a period of consolidation, flurries of buying coupled with a lack of serious offers still has the potential to generate fresh price spikes and setting a new 25-year high. |
Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year. |
Despite the risk of another correction though gold should continue to find good support given the limited change in the macroeconomic and geopolitical picture, particularly with the UN security council's deadline on Iran approaching at the end of the week. |