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Gold & Hydrocarbon Information - The material could be redistributed for non-commercial and non-business purpose without prior written permission. No accuracy or warranty or indemnity is provided.The comments are based on the trend and some background information from great technicians, analysts and commentators such as Ron Meisels, John Budden, Richard Russell, Larry Jeddeloh and John Mauldin. Reader should assess the information respective to their perspective and situation in conjunction with your financial advisors.Page Index :
More 24 hours and trends of metals and currency...... Warning: Chart's interpretation is based on CK's biased personal perception which may not reflect the market's agenda. Gold Prices
The following chart shows the demand of gold I refer to the StreetTrack Gold ETF.
Comment: Gold Stock Indices
Comment: Oil and Natural Gas PricesComment: USD Index vs WTI Crude Price
U.S. Natural Gas SurplusMethodology The natural gas price in North America is dominated by the U.S. consumption. I have been puzzled by the up and down of the price using the weekly report from EIA. When the report has an increase relative to last year the price falls and vise versa. However, the information from EIA follows a simplistic model that does not tell the full story. Using the EIA 5 year average model it does not account for any increase in demand. It is also confusing that it is hard to tell the effect of unused surplus or over-consumed deficit. To decipher the details, a reference model is constructed. Details could be found in the study 2006 NG price crash aftermath.
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