Energy Hedge Fund Center

Written by Chris Vermeulen Thus far in 2011 the overall stock market movement has been much different from what we had in 2010. This year we have seen nothing but sideways to lower prices with wild price swings on a day to day basis. There just has not been any really solid trends to take ... Read More

By Nicholas Larkin Nov. 11 (Bloomberg) — Gold traders and analysts are the most bullish in at least seven years as investors accumulate metal at the fastest pace since August to protect their wealth from a widening European debt crisis. Twenty-one of 22 surveyed by Bloomberg expect bullion to rise on the Comex in New ... Read More

Investors in mining equities are finally being rewarded for their patience and fortitude.  The Gold Miners (GDX) ETF is making a challenge to all time highs at the $64 area after basing for close to a year between the $52.50 low and $64 high.  What is the cause of this impressive move in gold, silver ... Read More

Federal Reserve Chairman Ben Bernanke announced last week that the Federal funds rate will stay near zero for now. He reasoned that the “low rates of resource utilization and a subdued outlook for inflation over the medium run” would likely “warrant exceptionally low levels for the federal funds rate at least through mid-2013.”[More...]

Sophisticated readers are well aware of the media’s tendency to twist the news to fit the fashions of the day. Many members of the press earn their daily bread by manipulating the news with sensational headlines sure to grab readers, but unlikely to thoroughly inform the public on an admittedly complex issue. Bloomberg’s recent article by ... Read More

Commodities fell to a one-week low, led by industrial metals, amid concern that Europe’s bailout of Greece will be derailed, while manufacturing in China slowed. The Standard & Poor’s GSCI index of 24 raw materials slumped 1 percent to settle at 641.69 at 3:46 p.m. New York time. Earlier, the gauge touched 627.96, the lowest ... Read More

Nov. 2 (Bloomberg) — The most accurate forecasters say gold will rebound from its biggest monthly plunge since 2008 and reach a record by March because economic growth is stagnating and Europe’s debt crisis is unresolved. Futures traded in New York may rise 13 percent to $1,950 an ounce by the end of the first ... Read More

News that European leaders finally delivered what looks like a useful set of tools to bring the crisis under control triggered huge rallies across riskier assets, including commodities. Industrial metals benefited with copper going berserk. Source:

The yellow metal, money for more than three millennia, has a close relationship to other forms of money. Some argue that it isn’t gold that has risen in value in the last decade, as much that fiat currencies have lost value against gold.[More...]

I believe there are two simple indicators to watch on gold (GLD) for projecting it’s next long-term move.  The first indicator has been highly predictable since late 2007.  It is the upward channel that gold has traded in for almost the entire period since 2007, with one recent exception.  When gold went "parabolic" in August, ... Read More