Pete Grant
Pete Grant is the Senior Market Analyst and a broker with Centennial Precious Metals. Previous positions include a 12-year stint as the Senior FX Strategist for Standard & Poors and VP of Operations/Chief Metals Trader for a Denver-based investment firm.
Read More »
...
- Page Views
- 1,562
- Content
- 39
- Fans
- 0
- Contributor since
- 6/10/2008
Displaying Results 1 - 39 (of 39) for Yahoo! Voices
-
The Morning Gold Report: Gold Firms as Fed Cuts Rates to 1%Gold continues to test the upside in the wake of last Friday's reversal day. The initial target at $776.56 was satisfied and slightly exceeded in overseas trading, suggesting additional short-term upside potential. -
The Morning Gold Report: US Ponders Fiscal Package Despite Soaring DebtGold is edging lower once again, weighed by a firmer dollar. The greenback has been bolstered by heightened talk of another economic stimulus package, which has served to calm the stock market somewhat.
-
The Morning Gold Report: Gold Straddles $800Gold continues to straddle the $800 level, weighed by persistent deleveraging of commodity positions as concerns grow about a protracted recession. We continue to see strong safe-haven demand for physical gold amid an increasingly tight supply situation.
-
The Morning Gold Report: The Vulnerable DollarIs the dollar vulnerable to a collapse?
-
The Morning Gold Report: The Dominoes Continue to FallGold has been bolstered by safe-haven buying in the wake of this weekend's collapse of Lehman Brothers Holdings Inc. The dollar was sharply lower overseas on heightened concerns about the US banking system before paring losses in subsequent trading.
-
The Morning Gold Report: Gold Continues to Flaunt the FundamentalsGold has tested below the 750/745 support level as the dollar ascended to a one year high. Oil prices extended slightly lower as well, adding further weight to the yellow metal.
-
The Morning Gold Report: Oil and Gold Bolstered by OPEC Production CutTuesday's late drop in oil below the $100 per barrel psychological barrier dragged gold through nearby support at 772.70/65. However, downside follow-through has been limited by today's announcement that OPEC would reduce oil production by 520,000 barrels per day.
-
The Morning Gold Report: Treasury Seizes Control of Fannie and FreddieThe yellow metal continues to show great resiliency in the face of weak oil and a dollar buoyed by the announcement of the weekend that the government was stepping in to take control of Fannie Mae and Freddie Mac.
-
The Morning Gold Report: Getting a Grip on ChinaOne never can quite get a grasp on this country. Just when you think you have a reasonably true sense of China, you turn a corner and are forced to re-jigger everything in your head once again.
-
The Morning Gold Report: Gold Continues to Probe Below $800Gold continues to probe below the $800 level, weighed by soft oil prices and a firmer dollar. At this point the mid-August low at 772.70 remains protected as strong physical demand on dips continues to offer support.
-
The Morning Gold Report: A Recap on ChinaI am finally back at the office after my 15-day journey around China. The long holiday weekend allowed me to get over my jet-lag and now I'm trying to get back to my normal daily routine.
-
The Morning Gold Report: Chinese Yuan Remains SuppressedIt's been slightly more than three years since China freed the yuan from its peg to the dollar. From the early 1990s until July of 2005, the USD-CNY exchange rate was fixed at 8.27.
-
The Morning Gold Report: China Ponders 370 Bln Yuan Stimulus PackageChina is considering a 370 bln yuan ($54 bln) post-Olympic stimulus package to keep the economy rolling along.
-
The Morning Gold Report: China's Growing Middle Class Equates to Growing Demand for GoldThe Beijing Olympics came to an end last night. I followed the games closely, as I do every four years. These Olympics seemed to be a little different though.
-
The Morning Gold Report: History Repeats Itself Over and OverGold is showing some upside follow-through in the wake of the move back above $800 earlier in the week. Renewed weakness in the dollar, firmer oil prices and heightened geopolitical tensions between the US and Russia are all helping to underpin the yellow metal.
-
The Morning Gold Report: China's Inflation Highlights Potential for GoldDespite the global economic slowdown and the threat of a global recession, China is all hustle and bustle. The shops are busy as the rapidly growing middle class spends the wealth generated by three decades of robust and sustained economic growth.
-
The Morning Gold Report: Firm Dollar Keeps Gold Under PressureAs stated in my long-term dollar perspective from last week, there doesn't appear to be any particularly compelling reasons to be long the dollar. The economic outlook in America remains dire.
-
The Morning Gold Report: Long-Term Dollar Outlook Favors GoldMuch has been made of the recent rebound in the greenback: Has the dollar bottomed? Is this rally sustainable? There was certainly good upside momentum over the past couple of weeks. However, suggestions that the dollar is on the long-term mend are premature as best.
-
The Morning Gold Report: Gold Falls Through Key SupportGold has extended sharply lower after penetrating the range low at 845.50 (02-May). Further downside potential must be considered at this point, but it is also important for our clients to remember why they buy gold in the first place.
-
The Morning Gold Report: Gold Regains Early Losses on Mixed Employment DataGold has been trading in a rather choppy manner the past several days, led by employment indications. Today has been no exception.
-
The Morning Gold Report: Gold Rebounds Sharply on Surge in Jobless ClaimsGold has retraced all of Wednesday's losses and then some, spurred by a much larger than expected surge in initial jobless claims. Yesterday's probe below $900 proved unsustainable as the yellow metal garnered support from strong physical interest and bargain hunting.
-
The Morning Gold Report: Gold Falls Back Below $900Gold has fallen back below the $900 level in the wake of the earlier breach of chart/moving average support at 915/912. Soft oil and firmness in the dollar continue to weigh on the yellow metal.
-
The Morning Gold Report: Gold Consolidates in Lower Half of RangeGold is maintaining a generally consolidative tone, just below the midpoint of the broad $1,032.20/845.50 range. Consolidative activity in oil and the dollar as well are helping to keep the yellow metal well contained.
-
The Morning Gold Report: Gold Downside Limited by Market JittersGold has retreated into the lower half of the range this week, weighed by weaker oil and a rebound in the dollar. However, the downside is thought to be limited by ongoing worries about the housing and credit crises and the implications of the GSE bailout.
-
The Morning Gold Report: Gold Remains Defensive in Lower Half of RangeGold is maintaining a defensive tone after falling back below the midpoint of the broad 1032.20/845.50 range on Wednesday. Weak oil and a firmer dollar continue to weigh on the yellow metal.
-
The Morning Gold Report: Gold Remains Under PressureGold remains under pressure as oil continues to lose ground. Dollar supportive rhetoric from Treasury Secretary Paulson and hawkish comments from the Fed's Plosser boosted the greenback on Tuesday, putting additional pressure on the yellow metal.
-
The Morning Gold Report: Gold Drops Back into the Range on Weaker OilGold has retreated from earlier gains, weighed by weaker oil and hawkish comments from the Fed's Plosser.
-
The Morning Gold Report: Gold Retreats as Oil Continues to SlideGold has come under modest pressure as oil continues the slide that commenced on Tuesday. However, heightened concerns about the US economy, and the banking sector specifically, seem to be overriding any inflationary relief implied by weaker oil.
-
The Morning Gold Report: Gold Weighed by Softer OilGold is maintaining a corrective/consolidative short-term tone as the recent sharp pullback in oil continues to weigh. However, buying interest ahead of 950 has been good, leaving support at 946.35/935.30 well protected thus far.
-
USAGOLD's Annual Survey of Investments for 2008Gold continues to shine as one of the best performing asset classes through the first half of 2008, according to the USAGOLD Annual Survey of Investments. -
The Morning Gold Report: Gold Retreats Following ECB Rate HikeGold has retreated into the range after ECB president, Jean-Claude Trichet, took a slightly less hawkish stand following a 25bp rate hike.
-
The Morning Gold Report: Gold Challenges May HighsGold has extended to the upside to challenge the 935.30 peak from 22-May. The yellow metal is being supported by a weak dollar and stocks, as well as a relentless rise in oil prices.
-
The Morning Gold Report: Gold Surges as Oil Hits Record and Stocks PlungeGold has surged to a new one month high, underpinned by a new record high in oil, a weakening dollar and plunging global stocks.
-
The Morning Gold Report: Gold Surges as Dollar Weakens Post-FedGold has surged back above the pivotal $900 level as the dollar comes under renewed pressure following Wednesday's Fed rate announcement.
-
The Morning Gold Report: Gold Down Slightly Awaiting Fed AnnouncementGold has adopted a consolidative tone below the $900 level as traders await this afternoon's (14:15ET) decision on interest rates.
-
The Morning Gold Report: Gold Recovers from Yesterday's SetbackGold is cautiously recouping yesterday's sharp intraday sell-off, supported by firmer oil and a softer dollar.
-
Morning Gold Report: Gold Supported by Weaker StocksGold is likely to be supported by safe-haven flows coming out of a vulnerable looking stock market.
-
Morning Gold Report: Gold Underpinned by Geopolitical ConcernsGold is maintaining a consolidative tone in the lower half of this year's $1,032.20/845.50 range, supported by growing concerns about an Israeli and/or US military strike against Iran.
-
Morning Gold Report: Gold Softens on Dollar JawboningGold was unable to sustain the recent foray back above $900 after a series of comments from high level US officials, including the President himself, prompted a rebound in the greenback.