Dec 16th, 2009 |
By Rob
Few expect the U.S. Federal Reserve's FOMC to announce any change to the current monetary policy. The Fed Funds rate target is expected to stay at 0.25%, despite effective rates closer to 0.1%, while language will promise that purchase programs of private debt and Fannie/Freddie mortgage products are soon to wind down. Conditions of the
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Posted in Trade Strategy |
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Tags: Bernanke, buy signal, BVN, Crude, diamond slice, DTO, ETF, Fed, Fed Funds, Federal Reserve, FOMC, GLD, GLX, Gold, loss, oil, profit, profit taking, resistance, S&P 500, sell signal, SPX, SPY, support, trade signal, Trade Strategy, USO
Dec 7th, 2009 |
By Rob
On October 23, 2009 we endorsed a position in the Peruvian gold mining firm Beunaventura Mines (BVN) in the article titled Profiting From Volatile Crude Oil Prices and Safe Guarding Your Dollars. Since October 23, BVN has moved from $36.97 to the Friday December 4, 2009 closing price of $39.84, capturing a 7.8% gain. Continuous spot
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Posted in Industry Analysis, Metals, Trade Flash, Trade Strategy |
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Tags: Buenaventura, Buenaventura Mining, BVN, BVN profit, commodities, equities, futures, gains, GLD, GLX, Gold, Gold Mine Stocks, Gold Miners, gold per ounce, Gold Stocks, La Zanja, La Zanja mine, Long BVN, long gold, Peru Gold Mines, Peru stock market, Peru stocks, profit, S&P 500, stock market, Tantahuatay, Tantahuatay mine, U.S. dollar
