Articles by Roger Baettig

  • Mineral Rich Australia May Contain World's Next Major Oil FindMineral Rich Australia May Contain World's Next Major Oil Find

    July 22 2013 12:39 PM

    Australia's massive mineral exports allowed it to weather the global recession, which began in 2008, quite nicely.

  • Best Days for Gold Still AheadBest Days for Gold Still Ahead

    July 22 2013 10:12 AM

    The prevailing mantra on Wall Street is that gold’s bull market is now over and it’s time to bury precious metals as an investment theme for the indefinite future. Their rational is based on the belief that many investors held misguided fears during the credit crisis about a breakout of massive inflation and economic chaos, which drove gold to nearly $2,000 per ounce. Of course, (the perma-bulls claim) those worries have now completely failed to materialize and will never be a genuine risk in the future.

  • Will GBPUSD Sustain The Upward Momentum?Will GBPUSD Sustain The Upward Momentum?

    July 22 2013 8:04 AM

    After some struggle against the 55-day EMA, GBP/USD ultimately broke that resistance and closed above it. The high of this upward move was 1.5282.

  • 22/7/2013 - The Current Market Sentiment22/7/2013 - The Current Market Sentiment

    July 22 2013 7:45 AM

    The gold breaking above 1300$ with the beginning of this week by this characteristic suggesting that the way done could be over at this time and there can be a way for getting back to 1348$ before 1396$ again after forming a bottom at 1180$ and a higher bottom at 1207$ to creep again stepping on 1267$ which could hold last week after failure to get over 1300$ making another higher low before succeeding to get over it by this way.

  • Day ahead in the FX marketsDay ahead in the FX markets

    July 21 2013 8:19 PM

    This is a summary of key events likely to affect trading in the foreign exchange markets.

  • FX options trading basicsFX options trading basics

    July 21 2013 5:27 PM

    FX options trading has few informational sources on how best to utilize its benefits.

  • Currency options allow flexibility unlike stop lossCurrency options allow flexibility unlike stop loss

    July 21 2013 4:13 PM

    While the regular safety net is a stop loss, now currency options provide more flexibility.

  • Strong Contrarian Buy Signal on Gold StocksStrong Contrarian Buy Signal on Gold Stocks

    July 19 2013 2:21 PM

    Contrarian thinking is easy but successful contrarian investing is difficult. Most amateur contrarians neglect that the crowd is right most of the time. It’s only at market turning points where the crowd is wrong and contrarians are right. In recent weeks the voices against precious metals have not only appeared but grown. Weeks ago we debunked a rant of a widely followed mainstream blogger and commentator. He was ranting against the gold stocks and his rant was devoid of any analysis or actionable information. Meanwhile, more mainstream calls to sell gold stocks have popped up and during what likely will be exactly the most inopportune time to sell.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 19 2013 1:23 PM

    USD is broadly lower post Bernanke’s 2-day testimony to congress - JPY is higher against the USD ahead of Japan’s upper house election - Commodity Currencies are stronger as China makes effort to boost domestic economy

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 18 2013 12:10 PM

    USD broadly stronger on better-than-expected US manufacturing data - EUR weaker as geopolitical issues linger - Commodity currencies weaker after BoC held interest rates steady at 1%

  • The Basics of Currency HedgingThe Basics of Currency Hedging

    July 18 2013 10:38 AM

    Currency hedging requires an understanding of the market (art) and the actual exchange at a given time (science) to be insulated from currency value fluctuations.

  • PETER SCHIFF - THE POWERFUL CASE FOR SILVERPETER SCHIFF - THE POWERFUL CASE FOR SILVER

    July 18 2013 8:53 AM

    I am a well-known "gold bug" because of my strongly voiced opinion that gold has been one of the best assets for protecting yourself from the US dollar's prolonged decline.

  • Tradition-ICAP unveils its new platform for FX optionsTradition-ICAP unveils its new platform for FX options

    July 18 2013 2:08 AM

    Tradition-ICAP's VolCall would provide both electronic brokerage and traditional voice call services for the interdealer broker market.

  • Day ahead in the FX marketsDay ahead in the FX markets

    July 17 2013 3:09 PM

    This is a summary of key events likely to affect trading in the foreign exchange markets.

  • Six Tech Advancements Changing the Fossil Fuels Game

    July 17 2013 2:40 PM

    Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement, other high-tech developments are keeping the ball rolling—from the next generation of ultra-deepwater drillships, subsea oil and gas infrastructure and multi-well-pad drilling to M2M networking, floating LNG facilities, new dimensions in seismic imagery and supercomputing for analog exploration.

  • Lear Capital: Gold Holds Near Cost of ProductionLear Capital: Gold Holds Near Cost of Production

    July 17 2013 10:46 AM

    As we watched gold prices drop, the price predictions were flying. Some predicted gold at $800 because that was the price justified by its measure against inflation. Personally, I say … Not Likely! The inflation data used and reported, over the last 10 years especially, is so skewed by changes to methods of measure, I don’t think you could use inflation as a measure of anything except what you won’t get in your Social Security check.

  • Falling Exports a Bad Sign For Eurozone GDPFalling Exports a Bad Sign For Eurozone GDP

    July 17 2013 10:06 AM

    The euro traded steadily at $1.31 on Wednesday morning as investors awaited US Federal Reserve Chairman Ben Bernanke's testimony before congress.

  • Foreign exchange affects net return on foreign assetsForeign exchange affects net return on foreign assets

    July 16 2013 9:13 PM

    Ultimately, the determinant as to the increase or decrease of the value of an asset is the foreign currency exchange.

  • Chernobyl at Sea? Russia Building Floating Nuclear Power Plants  Chernobyl at Sea? Russia Building Floating Nuclear Power Plants

    July 16 2013 1:50 PM

    So much for the lessons of Fukushima. Never mind oil spills, the Russian Federation is preparing an energy initiative that, if it has problems, will inject nuclear material into the maritime environment.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    July 16 2013 1:00 PM

    • USD weaker following CPI data report • JPY slightly higher but remains pressured ahead of the upper house election • Commodity currencies strengthens with focus on the central bank decisions