Precious Metals

Market analysts at FXCM suggest crude oil and metal prices are now vulnerable as risk appetite is unravelling.

ATW’s Jerry Simmons reports technical break-outs for gold, crude oil and EUR/USD.

Wall Street rebounded hard from a weak opening last night but the Dow yet again failed to hold above 13,000, finishing square at 12,981.(Accessible only for subscribers before 10:15 AEDT)

Further issues have surfaced at the Lihir mine of Newcrest and brokers have responded by cutting production and earnings expectations and in two cases ratings for the stock.

Ahead of the Herd’s Rick Mills points out investors should consider the resource sector given the demand on supply of an increasing global population and rising standards of living.

Weekly update on recommendation, target price, and earnings forecast changes.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

The Dow took another run at 13,000 last night but still couldn’t push through, hanging in at 12,984, up 46. (Accessible only for subscribers before 10:15 AEDT)

While interim earnings were broadly as expected a surprise capital raising by Kingsgate has prompted brokers to lower their ratings for the stock.

Jonathan Barratt of Barratt’s Bulletin looks to gold’s demand-supply balance in support of a bullish view.