Precious Metals

Oil and stocks rocked and rolled last night on the Twitter-flow of rumours out of Libya. Dow down 37. (Locked for subscribers until 10:00 AEDST)

Saudi Arabia has moved to head off revolt with a huge social assistance package while the madman is still ranting in Libya. Oil surged last night, Wall Street fell. Dow down 107. (Locked for subscribers until 10:00 AEDST)

Fully valued with pockets of value. Such is Citi’s view on small miners in Australia. Small industrials have thus become the new focus.

Investment U’s Tony D’Altorio believes the return of producer hedging favours gold over silver this year.

Having missed a session for Presidents’ Day, Wall Street’s 2% plunge last night brought it into line with world markets in reaction to the Libyan situation. Dow down 178.

FXCM Market analyst Jamie Saettele believes there’s more left in the present gold rally.

With the US closed, stocks in Europe fell as the death toll mounted in Libya.

DJ Carmichael has initiated coverage on Sumatra Copper and Gold with a valuation well above the present share price.

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

ATW’s Jerry Simmons explains the principle of a “bracket trade”.