Wall Street Greek

Editor's Picks | Energy | Market Outlook | Gold | Real Estate | Stocks | Politics
Wall Street, Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.



Wall Street, business & other videos updated regularly...

Seeking Alpha

Wednesday, March 16, 2016

A Catalyst is Coming to Crush Gold

government ignorance
Wednesday’s Federal Open Market Committee (FOMC) meeting is expected by many to serve gold well, but I believe a surprise is in store. The market expects the Fed to pause its rate tightening in March, which is good for gold. But the market has not accounted for the Fed dot-plot forecasts, which I expect are likely to show Fed expectations for 2 to 3 rate hikes this year. Over the course of the last several months, the market has whittled its own expectations down to one or none for the year. Thus, a contrasting and conflicting message from the Fed could reignite the dollar and crush gold. See the full report on the Catalyst Coming to Crush Gold. Article interests SPDR Gold Trust (NYSE: GLD)

Precious Metal Securities
03-15-16 Intraday
SPDR S&P 500 (NYSE: SPY)
-0.4%
SPDR Gold Trust (NYSE: GLD)
-0.2%
iShares Gold Trust (NYSE: IAU)
-0.3%
iShares Silver Trust (NYSE: SLV)
-0.3%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
+3.3%
Direxion Daily Gold Miners Bearish 3X (NYSE: DUST)
-3.0%
Market Vectors Gold Miners (NYSE: GDX)
+1.2%
Market Vectors Junior Gold Miners (NYSE: GDXJ)
-0.7%
Goldcorp (NYSE: GG)
+0.5%
Newmont Mining (NYSE: NEM)
+0.7%
Randgold Resources (Nasdaq: GOLD)
+1.5%
Barrick Resources (NYSE: ABX)
+2.6%
Yamana Gold (NYSE: AUY)
-2.8%
Gold Fields Ltd. (NYSE: GFI)
+0.8%
Silver Wheaton (NYSE: SLW)
-0.2%
Coeur Mining (NYSE: CDE)
-2.0%

DISCLOSURE: Kaminis is short GDX. Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only. Article should interest investors in precious metals stocks: Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), Allied Nevada Gold (AMEX: ANV), AngloGold Ashanti (NYSE: AU), AuRico Gold (NYSE: AUQ), Aurizon Mines (AMEX: AZK), Barrick Gold (NYSE: ABX), Brigus Gold (AMEX: BRD), Charles & Covard (Nasdaq: CTHR), Claude Resources (AMEX: CGR), Commerce Group (OTC: CGCO.PK), Compania Mina Buenaventura S.A. (NYSE: BVN), DRDGOLD (Nasdaq: DROOY), Eldorado Gold (NYSE: EGO), Entrée Gold (AMEX: EGI), Exeter Resource (AMEX: XRA), Gold Fields (NYSE: GFI), Gold Reserve (AMEX: GRZ), Gold Resource (Nasdaq: GORO), Golden Eagle Int’l (OTC: MYNG.PK), Golden Star Resources (AMEX: GSS), Great Basin Gold (AMEX: GBG), Harmony Gold (NYSE: HMY), IAMGOLD (NYSE: IAG), International Tower Hill Mines (AMEX: THM), Jaguar Mining (NYSE: JAG), Keegan Resources (AMEX: KGN), Kimber Resources (AMEX: KBX), Kingold Jewelry (Nasdaq: KGJI), Kinross Gold (NYSE: KGC), Midway Gold (AMEX: MDW), Minco Gold (AMEX: MGH), Nevsun Resources (AMEX: NSU), New Jersey Mining (OTC: NJMC.PK), Newmont Mining (NYSE: NEM), North Bay Resources (OTC: NBRI.OB), Northgate Minerals (AMEX: NXG), NovaGold Resources (AMEX: NG), Richmont Mines (AMEX: RIC), Royal Gold (Nasdaq: RGLD), Rubicon Minerals (AMEX: RBY), Seabridge Gold (AMEX: SA), Solitario Exploration and Royalty (AMEX: XPL), Tanzanian Royalty Exploration (AMEX: TRE), Thunder Mountain Gold (OTC: THMG.OB), U.S. Gold (NYSE: UXG), Vista Gold (AMEX: VGZ), Wits Basin Precious Metals (OTC: WITM.PK), Yamana Gold (NYSE: AUY), Coeur d’Alene Mines (NYSE: CDE), Endeavour Silver (NYSE: EXK), Hecla Mining (NYSE: HL), Mag Silver (AMEX: MVG), Mines Management (AMEX: MGN), Silver Standard Resources (Nasdaq: SSRI), Silver Wheaton (NYSE: SLW), SPDR Gold Trust (NYSEArca: GLD), Market Vectors Gold Miners ETF (NYSEArca: GDX), iShares Silver Trust (NYSEArca: SLV), ProShares Ultra Silver (NYSEArca: AGQ), ProShares Ultra Short Silver (NYSEArca: ZSL), Great Panther Silver (AMEX: GPL), Silvercorp Metals (NYSE: SVM), Paramount Gold and Silver (AMEX: PZG), Pan American Silver (Nasdaq: PAAS) and First Majestic Silver (NYSE: AG).

greek facebook

Labels: , , , , , , , , ,

free email financial newsletter Bookmark and Share

Tuesday, January 26, 2016

Gold Prices to Rise No Matter What the Fed Does

gold prices
No matter what message the Fed conveys via its Monetary Policy Statement this week, it cannot help but to help gold. The Federal Reserve affects the price of gold for American investors via its impact to the U.S. dollar. It also impacts gold if it impacts riskier assets and capital flows to and from those assets and the safe haven asset in gold. The Fed could send either of two opposing messages to investors this week, but each should serve gold in one way or another. See why the Fed Cannot Help but to Help Gold this Week.

Precious Metals Relative Securities
YTD  thru Jan. 25
SPDR S&P 500 (NYSE: SPY)
-8.0%
SPDR Gold Trust (NYSE: GLD)
+4.6%
PowerShares DB Gold (NYSE: DGL)
+4.3%
Van Eck Merk Gold ETF (NYSE: OUNZ)
+4.7%
ProShares Ultra Gold ETF (NYSE: UGL)
+8.8%
Market Vectors Gold Miners (NYSE: GDX)
-2.5%
Market Vectors Junior Gold Miners (NYSE: GDXJ)
-6.5%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
-11%
Barrick Gold (NYSE: ABX)
+26%
Randgold Resources (Nasdaq: GOLD)
+5.9%
iShares Silver Trust (NYSE: SLV)
+3.0%
Global X Silver Miners ETF (NYSE: SIL)
-13%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only. Article should interest investors in precious metals stocks: Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), Allied Nevada Gold (AMEX: ANV), AngloGold Ashanti (NYSE: AU), AuRico Gold (NYSE: AUQ), Aurizon Mines (AMEX: AZK), Barrick Gold (NYSE: ABX), Brigus Gold (AMEX: BRD), Charles & Covard (Nasdaq: CTHR), Claude Resources (AMEX: CGR), Commerce Group (OTC: CGCO.PK), Compania Mina Buenaventura S.A. (NYSE: BVN), DRDGOLD (Nasdaq: DROOY), Eldorado Gold (NYSE: EGO), Entrée Gold (AMEX: EGI), Exeter Resource (AMEX: XRA), Gold Fields (NYSE: GFI), Gold Reserve (AMEX: GRZ), Gold Resource (Nasdaq: GORO), Golden Eagle Int’l (OTC: MYNG.PK), Golden Star Resources (AMEX: GSS), Great Basin Gold (AMEX: GBG), Harmony Gold (NYSE: HMY), IAMGOLD (NYSE: IAG), International Tower Hill Mines (AMEX: THM), Jaguar Mining (NYSE: JAG), Keegan Resources (AMEX: KGN), Kimber Resources (AMEX: KBX), Kingold Jewelry (Nasdaq: KGJI), Kinross Gold (NYSE: KGC), Midway Gold (AMEX: MDW), Minco Gold (AMEX: MGH), Nevsun Resources (AMEX: NSU), New Jersey Mining (OTC: NJMC.PK), Newmont Mining (NYSE: NEM), North Bay Resources (OTC: NBRI.OB), Northgate Minerals (AMEX: NXG), NovaGold Resources (AMEX: NG), Richmont Mines (AMEX: RIC), Royal Gold (Nasdaq: RGLD), Rubicon Minerals (AMEX: RBY), Seabridge Gold (AMEX: SA), Solitario Exploration and Royalty (AMEX: XPL), Tanzanian Royalty Exploration (AMEX: TRE), Thunder Mountain Gold (OTC: THMG.OB), U.S. Gold (NYSE: UXG), Vista Gold (AMEX: VGZ), Wits Basin Precious Metals (OTC: WITM.PK), Yamana Gold (NYSE: AUY), Coeur d’Alene Mines (NYSE: CDE), Endeavour Silver (NYSE: EXK), Hecla Mining (NYSE: HL), Mag Silver (AMEX: MVG), Mines Management (AMEX: MGN), Silver Standard Resources (Nasdaq: SSRI), Silver Wheaton (NYSE: SLW), SPDR Gold Trust (NYSEArca: GLD), Market Vectors Gold Miners ETF (NYSEArca: GDX), iShares Silver Trust (NYSEArca: SLV), ProShares Ultra Silver (NYSEArca: AGQ), ProShares Ultra Short Silver (NYSEArca: ZSL), Great Panther Silver (AMEX: GPL), Silvercorp Metals (NYSE: SVM), Paramount Gold and Silver (AMEX: PZG), Pan American Silver (Nasdaq: PAAS) and First Majestic Silver (NYSE: AG).

Supreme Leader Iran

Labels: , , , , , , , , ,

free email financial newsletter Bookmark and Share

Gold is Gaining Fundamental Favor in 2016

gold price chart
60-Day Gold Chart at Kitco
A great weight was levied against gold over the past several years, with only short-lived periods of strength mostly on geopolitical concerns. But gold is finally finding a favorable shift in the fundamental factors underlying its value. Various questions are being posed today about the U.S. economy, securities markets and the dollar that in the recent past had been taboo. As this fundamental shift is increasingly recognized by investors, gold should draw capital investment and its value should increase. See the full report on Gold Gaining Fundamental Favor in 2016.

Gold & Silver Relative Securities
Last Week’s Change
SPDR Gold Trust (NYSE: GLD)
+0.9%
iShares Gold Trust (NYSE: IAU)
+0.8%
Market Vectors Gold Miners (NYSE: GDX)
-0.5%
Market Vectors Junior Gold Miners (NYSE: GDXJ)
-1.4%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
-3.1%
iShares Silver Trust (NYSE: SLV)
+1.1%
Goldcorp (NYSE: GG)
-1.7%
Newmont Mining (NYSE: NEM)
-5.8%
Silver Wheaton (NYSE: SLW)
-5.1%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only. Article should interest investors in precious metals stocks: Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), Allied Nevada Gold (AMEX: ANV), AngloGold Ashanti (NYSE: AU), AuRico Gold (NYSE: AUQ), Aurizon Mines (AMEX: AZK), Barrick Gold (NYSE: ABX), Brigus Gold (AMEX: BRD), Charles & Covard (Nasdaq: CTHR), Claude Resources (AMEX: CGR), Commerce Group (OTC: CGCO.PK), Compania Mina Buenaventura S.A. (NYSE: BVN), DRDGOLD (Nasdaq: DROOY), Eldorado Gold (NYSE: EGO), Entrée Gold (AMEX: EGI), Exeter Resource (AMEX: XRA), Gold Fields (NYSE: GFI), Gold Reserve (AMEX: GRZ), Gold Resource (Nasdaq: GORO), Golden Eagle Int’l (OTC: MYNG.PK), Golden Star Resources (AMEX: GSS), Great Basin Gold (AMEX: GBG), Harmony Gold (NYSE: HMY), IAMGOLD (NYSE: IAG), International Tower Hill Mines (AMEX: THM), Jaguar Mining (NYSE: JAG), Keegan Resources (AMEX: KGN), Kimber Resources (AMEX: KBX), Kingold Jewelry (Nasdaq: KGJI), Kinross Gold (NYSE: KGC), Midway Gold (AMEX: MDW), Minco Gold (AMEX: MGH), Nevsun Resources (AMEX: NSU), New Jersey Mining (OTC: NJMC.PK), Newmont Mining (NYSE: NEM), North Bay Resources (OTC: NBRI.OB), Northgate Minerals (AMEX: NXG), NovaGold Resources (AMEX: NG), Richmont Mines (AMEX: RIC), Royal Gold (Nasdaq: RGLD), Rubicon Minerals (AMEX: RBY), Seabridge Gold (AMEX: SA), Solitario Exploration and Royalty (AMEX: XPL), Tanzanian Royalty Exploration (AMEX: TRE), Thunder Mountain Gold (OTC: THMG.OB), U.S. Gold (NYSE: UXG), Vista Gold (AMEX: VGZ), Wits Basin Precious Metals (OTC: WITM.PK), Yamana Gold (NYSE: AUY), Coeur d’Alene Mines (NYSE: CDE), Endeavour Silver (NYSE: EXK), Hecla Mining (NYSE: HL), Mag Silver (AMEX: MVG), Mines Management (AMEX: MGN), Silver Standard Resources (Nasdaq: SSRI), Silver Wheaton (NYSE: SLW), SPDR Gold Trust (NYSEArca: GLD), Market Vectors Gold Miners ETF (NYSEArca: GDX), iShares Silver Trust (NYSEArca: SLV), ProShares Ultra Silver (NYSEArca: AGQ), ProShares Ultra Short Silver (NYSEArca: ZSL), Great Panther Silver (AMEX: GPL), Silvercorp Metals (NYSE: SVM), Paramount Gold and Silver (AMEX: PZG), Pan American Silver (Nasdaq: PAAS) and First Majestic Silver (NYSE: AG).

sports news

Labels: , , , , , , ,

free email financial newsletter Bookmark and Share