All entries by Lee Lowell
Why You Shouldn’t Panic-Sell Commodities
Oct 7th, 2008 | By Lee Lowell | Category: Stock Market InvestingIs nowhere safe? Even physical assets - which are usually considered a safe-haven from stock market turmoil - have fallen sharply in the last month. Only gold and silver have held up against the tide…just. Commodities specialist Lee Lowell says there will be plenty more volatility in the weeks to come. But he says those who do not join the panic selling will win out in the end…
Oversold Commodities Are Due a Sharp Rebound
Sep 9th, 2008 | By Lee Lowell | Category: Gold MarketLee Lowell at The Smart Profits Report says commodities are continuing their late summer swoon. Crude oil, natural gas, gold and silver have all taken heavy losses since mid-July, when the dollar began to rally. But like a lot of the contrarian investment experts we have published here on Contrarian Profits Lee says these commodities are oversold right now. A sharp rebound could be just around the corner…
Gold and Silver Are Oversold
Aug 19th, 2008 | By Lee Lowell | Category: Featured, Financial NewsGold prices bounced back above $800 an ounce yesterday. According to Indian commodities news site Commodity Online, investors bet that jewelers will purchase cheaper supplies of the metal after the dollar consolidated recent gains.
Gold futures for December delivery rose $13.60 to $805.70 an ounce on the Nymex. Silver also traded higher, hitting $13.217 an ounce.
Lee Lowell at The Smart Profits Report reckons the metals are extremely oversold. He expects gold and silver to trend higher if the dollar sells off…
Expect Oil to Hit $150 in the Next Two Weeks
Jul 8th, 2008 | By Lee Lowell | Category: Oil Investment & Alternative EnergyOil prices may have dropped off their record highs in recent days, but don’t be fooled says Lee Lowell in The Smart Profits Report. The black goo wants to hit the $150 mark. The Iran situation is fragile, and dollar gains are likely to be short term…