Posts Tagged ‘
Comex ’
Sep 22nd, 2009 |
By Adrian Ash |
Category: Gold Market
“Whether through exuberant hedgies or anxious private investors, gold just keeps pushing higher…”
So speculative betting on gold going higher now equals a record-busting 752-tonne position in Comex futures and options, yet this is not a bubble according to Michael Pento of Deltaga.
Tags: Adrian Ash, Comex, GLD, gold, Gold Etf, investing in gold
Posted in Gold Market |
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Sep 15th, 2009 |
By Doug Hornig |
Category: Gold Market
That’s a question that Westerners have been asking for, oh, several millennia now. Or at least since Marco Polo aimed his ponies down the old Silk Road in 1271.
Tags: Comex, Doug Hornig, invest in gold, invest in silver, investing in China, precious metals, Teck Corp.
Posted in Gold Market |
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Aug 26th, 2009 |
By Contrarian Profits |
Category: Financial News, Gold Market
Gold eased on Wednesday, giving up earlier gains, as the dollar recovered losses against the euro after U.S. durable goods data failed to impress, tempering appetite for the metal as an alternative asset.
Tags: Comex, Currency Markets, Dollar Weakness, GLD, Gold Futures, Spot Gold, U S Gold
Posted in Financial News, Gold Market |
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Jul 27th, 2009 |
By Ed Steer |
Category: Financial News
I wouldn’t read a lot into the action in the gold market on Friday. It was just another day off the calendar…as Ted Butler would say. The only comment I would make is that the action in the gold price feels more like a top than a bottom.
Tags: AT&T, china, Comex, EBAY, economics, Ed Steer, Ford, GLD, Globex, Gold Etf, Gold Prices, investing in gold, investing in silver, politics, Silver Etf, SLV
Posted in Financial News |
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Jul 24th, 2009 |
By Ed Steer |
Category: Financial News
Gold added about five bucks to its price from the time that trading began in the Far East Thursday…and the London a.m. gold fix. Then from there, it gave back seven dollars going into the p.m. gold fix…and after that, it gained over eight dollars until half past lunchtime in New York. Then a really serious seller showed up taking nine bucks off the price between then and the close of electronic trading in New York. It was pretty choppy trading all around…and it was obvious that every rally ran into serious resistance. The same could be said for silver.
Tags: Comex, economics, Ed Steer, Federal Reserve, GLD, Globex, Gold Etf, Gold Prices, GTU, HBC, investing in gold, investing in silver, JPM, politics, Silver Etf, SLV
Posted in Financial News |
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Jul 24th, 2009 |
By Doug Casey |
Category: Gold Market
Gold didn’t do much through Hong Kong and London then showed some volatility in Comex trading, reaching an intraday high above $957 around 1 p.m. in New York and tumbling down from there through the Globex, finishing at its intraday low of $948.00/oz., down $3.10. Overnight, gold is little changed.
Tags: Comex, Doug Casey, Globex, gold, Gold Market, Gold Prices, Platinum Prices, precious metals, resources, silver prices
Posted in Gold Market |
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Jul 23rd, 2009 |
By Ed Steer |
Category: Financial News
It was a nothing kind of day yesterday. Both gold and silver got sold off at bit in the Hong Kong market late in their afternoon. This lasted until shortly after London opened. Then the prices just sat there until shortly before the London p.m. gold fix, when a N.Y. rally of sorts commenced in both, with neither metal going too far. Ted Butler pointed out to me that neither silver or gold got above their Monday highs…and that was probably the intent.
Tags: Comex, economics, Ed Steer, GLD, Globex, Gold Etf, Gold Prices, investing in gold, investing in silver, JPM, politics, Silver Etf, SLV, UK debt
Posted in Financial News |
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Jul 23rd, 2009 |
By Doug Casey |
Category: Gold Market
Gold got off to a slow start in Hong Kong and trended down through London but shot up around 11 a.m. in New York, hitting its intraday high near $955 two hours later. From 1 p.m. through the Globex close, the yellow metal retreated somewhat, finishing at $951.10/oz., up $2.10. Overnight, gold is trending higher.
Tags: Comex, Doug Casey, GLD, Globex, gold, Gold Etf, Gold Market, Gold Prices, Platinum Prices, precious metals, resources, silver prices
Posted in Gold Market |
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Jul 22nd, 2009 |
By Ed Steer |
Category: Financial News
Gold declined gently throughout Far East and early European trading on Tuesday…and by shortly after lunchtime in London…had given up around four bucks. From there, a smallish rally developed that made an attempt to continue rallying on the Comex, but got cut off at the knees [at its high of the day] shortly after 9:10 a.m. Eastern time. This decline lasted until 1:15 p.m. in New York…and by the time electronic trading ended at 5:15 p.m. yesterday afternoon…gold was back to virtually unchanged from Monday’s close.
Tags: Comex, economics, Ed Steer, GLD, Globex, Gold Etf, Gold Prices, GS, investing in gold, investing in silver, politics, Silver Etf, SLV, Ubs
Posted in Financial News |
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Jul 22nd, 2009 |
By Doug Casey |
Category: Gold Market
Gold traded sideways through Hong Kong and most of London then surged up to an intraday high of $953 at around 9 a.m. in New York only to completely erase the gains less than an hour later. From 10 a.m. through the Comex close gold showed a steep downward trend but reversed course and made up most of the day’s losses on the Globex, finishing at $949.00/oz., down $0.10. Overnight, gold has moved lower.
Tags: Comex, Doug Casey, GLD, Globex, gold, Gold Etf, Gold Market, Gold Prices, Newcrest Mining, Platinum Prices, precious metals, resources, silver prices
Posted in Gold Market |
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