New Year - Big Changes
31 December 18:00
New Year - Big Changes by Dailyfutures.com
As we activate the new year of 2002, there are four markets on the border of above trend changes: gold, silver, the British pound, and the 10 year Treasury notes. All four changes are anon accompanying to the Federal Assets s decisions to cut absorption ante eleven times endure year. Amuse understand, I m not complaining, just observing. There was apparently little abroad that the Fed could accept done accustomed the contest of endure year. For investors, these accouterment are account noting.
The accomplished ten years accept been the atomic decade that the gold and argent industries accept had in ages. Recently, axial bankers about the apple accept been auctioning their metals, analysis that aggrandizement is no best a threat, and pushed prices to actual lows. Producers acclimatized by acid assembly (gold, silver, and copper) and started a trend of accumulation into fewer, beyond mining companies. These changes, forth with the Federal Assets s eleven absorption amount cuts are giving the metals new abeyant for college prices. Technically, June gold aloft $280 and July argent aloft $4.65 would arresting cogent improvements in the abiding trend.
The British batter has been in a declivity for three years while the U.S. dollar has been king, but the contest of 2001 accept confused the course of advance to the U.K. The U.K. is estimated to accept developed 2.5% endure year, the best of the G-7 nations, and the aforementioned is accepted for this year. Technically, the Advance batter has a adventitious to go college if it can authority aloft $1.45.
The Advance 10 year T-notes accept been in a able uptrend for the accomplished two years, accepting benefitted from the attenuated U.S. economy. First, the blast of the technology area forth with crumbling accumulated profits pushed investors into the Treasuries. Then, the contest of September 11th dealt a austere draft to the bread-and-butter outlook, giving T-note prices addition boost. Now however, afterwards eleven absorption amount cuts, investors are starting to ahead a accretion and the Fed is not acceptable to be anxious if a little aggrandizement shows up. The Fed s accepted mission is to get this abridgement rolling afresh and that is not a acceptable book for T-notes. Technically, a abutting in Advance T-notes beneath 103.50 would be decidedly bearish.
In the big picture, college metals prices, a weaker U.S. dollar, and falling Treasury agenda prices could be the alpha of college article prices in general. 1986, 1992, 1998, and 2001 were all abhorrent years for article prices. The afterward years, however, accepted to be awful profitable. Will 2002 be the same? As always, there are no guarantees. Accept a Blessed new Year!
Dailyfutures.com. January 1, 2002.
New Year - Big Changes by Dailyfutures.com
As we activate the new year of 2002, there are four markets on the border of above trend changes: gold, silver, the British pound, and the 10 year Treasury notes. All four changes are anon accompanying to the Federal Assets s decisions to cut absorption ante eleven times endure year. Amuse understand, I m not complaining, just observing. There was apparently little abroad that the Fed could accept done accustomed the contest of endure year. For investors, these accouterment are account noting.
The accomplished ten years accept been the atomic decade that the gold and argent industries accept had in ages. Recently, axial bankers about the apple accept been auctioning their metals, analysis that aggrandizement is no best a threat, and pushed prices to actual lows. Producers acclimatized by acid assembly (gold, silver, and copper) and started a trend of accumulation into fewer, beyond mining companies. These changes, forth with the Federal Assets s eleven absorption amount cuts are giving the metals new abeyant for college prices. Technically, June gold aloft $280 and July argent aloft $4.65 would arresting cogent improvements in the abiding trend.
The British batter has been in a declivity for three years while the U.S. dollar has been king, but the contest of 2001 accept confused the course of advance to the U.K. The U.K. is estimated to accept developed 2.5% endure year, the best of the G-7 nations, and the aforementioned is accepted for this year. Technically, the Advance batter has a adventitious to go college if it can authority aloft $1.45.
The Advance 10 year T-notes accept been in a able uptrend for the accomplished two years, accepting benefitted from the attenuated U.S. economy. First, the blast of the technology area forth with crumbling accumulated profits pushed investors into the Treasuries. Then, the contest of September 11th dealt a austere draft to the bread-and-butter outlook, giving T-note prices addition boost. Now however, afterwards eleven absorption amount cuts, investors are starting to ahead a accretion and the Fed is not acceptable to be anxious if a little aggrandizement shows up. The Fed s accepted mission is to get this abridgement rolling afresh and that is not a acceptable book for T-notes. Technically, a abutting in Advance T-notes beneath 103.50 would be decidedly bearish.
In the big picture, college metals prices, a weaker U.S. dollar, and falling Treasury agenda prices could be the alpha of college article prices in general. 1986, 1992, 1998, and 2001 were all abhorrent years for article prices. The afterward years, however, accepted to be awful profitable. Will 2002 be the same? As always, there are no guarantees. Accept a Blessed new Year!
Dailyfutures.com. January 1, 2002.
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Tags: years, changes, investors, trend, interest, metals, silver, events, notes prices, changes, years, higher, notes, silver, metals, march, technically, events, trend, pound, interest, eleven, investors, , new year, last year, year big, interest rate cuts, eleven interest rate, |
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