Risk On Rally Benefitting Oil, Equities And Industrial Metals

By Jeb Handwerger:For many months, I have witnessed a trend towards resource nationalism which is taking a major toll on the potential supply of platinum (PTM) where over 90% comes from South Africa, Zimbabwe and Russia.

By Jeb Handwerger:Gold (GLD) is pulling back to long term support and is able to be purchased at a discount. Investors may be seeking riskier assets due to fears of inflation and higher interest rates.

By Jeb Handwerger:During silver (SLV) and gold's (GLD) terrific move in 2011, very few analysts warned that a correction could come to shakeout all the Johnny come lately's (momentum traders) who were pushing gold and silver to nosebleed levels.

By Jeb Handwerger:We are still climbing the wall of worry as wealth in the ground metals becomes increasingly cheaper in a world that is threatened with the ghosts of depressions and deflations past. We observe the doubters who regale us with the view that the miners are underperforming bullion and the general equities. They claim that housing, financials and the dollar has bottomed.

By Dr. Duru: The day before the 2012 U.S. Presidential election, the U.S. dollar (UUP) climbed above its 200-day moving average (DMA), a critical resistance that I assumed it could not crack in the near-term thanks to QE3.

By Jeb Handwerger:Prices of platinum (PTM) and palladium (PALL) continue to outperform other metals such as gold (GLD), silver (SLV) and copper (

By Jeb Handwerger:We are approaching the end of the year where investors are facing a confluence of mixed signals such as tax loss selling, fiscal cliff discussions, the Greek bailout, future Fed actions and Middle Eastern geopolitical turmoil. Short term shakeouts like yesterday's early morning drop in precious metals should be expected. The precious metals markets appeared to have found support of a massive sell order at the open.

By Jeb Handwerger:Regardless of who wins the election, we believe that precious metals and especially the undervalued junior miners should be included in one's portfolio. We are living in volatile times, where we see possibly many catalysts to cause a breakout in gold (GLD) and silver(SLV).