All Posts Tagged With: "commodities"
Saudi’s Fail In Bid To Slash Oil Price: Here’s Why It’s Time To Buy Oil
The mooted plan by Saudi Arabia to hike oil production in July by 200,000 barrels is marginal. It is not going to have a significant effect on the oil price. I am also not sure if it is true, after all it was UN head honcho Ban Ki Moon who revealed the plan and not the Saudis.
Gold Futures Down 2.9% for the Week
Gold futures closed 2.9% down for the week, despite a rally on Friday, as the greenback rose against the euro and other major currencies.
“I see that Dennis Gartman is talking about gold again,” says Ed Steer in Casey Research.
Here are a few words from his early Thursday morning commentary….”If the governments of the world are now as concerned about inflation as we think they may be, and if they are even more concerned about the prospects for a generic, rising inflationary psychology amongst the public at large
Buy Commodities, and Oil in Particular
Apparently, there’s just no stopping stocks. They just keep on trucking higher as investors forget about the recent troubles in the financial sector and focus on Merrill Lynch’s note that ‘credit markets may be “past their worst”’.
Why It Pays to Hang On to Gold
When gold was going for $300 an ounce and oil for $25 a barrel, it was easy to know where to put your money.
Malthusian Catastrophe Coming Soon
There will never be a better commodities buying opportunity than there is right now… read on to discover where I think your money should be.
What Is a Good Investment During Stagflation?
Despite Ben Bernanke’s assertion yesterday at Harvard University that the US economy is not returning to the stagflation of the 1970s, slower growth and rising inflation have many wondering what is a good investment during stagflation should the Fed chief’s bravado prove to be wrong.
Bill Bonner says it took Paul Volcker’s leadership, along with a crippling recession, to end stagflation in the 1970s:
Global Credit Crisis Spreads to Scandinavia
Sweden and Norway’s banking systems, previously untouched by the world global credit crisis, look set to be the latest victims of the credit crunch, reports Britain’s Financial Times.
Sweden’s Riksbank said the global credit crisis increased the sensitivity of banks to other shocks, adding that it had warned that growth in the Baltic states could slow down more suddenly than expected.
Dominic Frisby in Money Week reckons the spread of the global credit crisis will benefit gold and precious metals.
Buy Commodities - And Oil In Particular
Apparently, there’s just no stopping stocks. They just keep on trucking higher as investors forget about the recent troubles in the financial sector and focus on Merrill Lynch’s note that ‘credit markets may be “past their worst”’.
Gold Declines on Bernanke Jawboning - But Silver Holds Up
Gold was steady to higher through the far East and most of London trading yesterday, but at about 9:30 of the New York session it plunged, bottoming at $877 before it climbed through the NYMEX, only to sag again in the Globex and finish at $881.30/oz., down $9.00. Overnight, gold has fallen off.
Junior Diamond Miner And Explorer KCM Makes A Sparkling Appearance
For most South African miners it was a time of darkness. But on the day that Statistics SA released truly dismal 2008 first quarter figures, a stunning debutant proved the mining sector is not all gloom.
Latest News
- Expect Global Inflaiton to Push Gold to $2,2002:25pm CDT
- Another ECB Rate Hike Will Kill the Dollar2:02pm CDT
- BRICs Crumbling Under Weight of Inflation10:51am CDT
- Food Producers Fail to Benefit from Spike in Market Prices10:23am CDT
- European Bank Stocks Rise on Improved Outlook9:34am CDT
- Crude Oil Prices Hit $146… Who’s to Blame?9:18am CDT
- UBS Shakes Up Board Ahead of ‘Likely’ IRS Probe11:41am CDT
- Iraq Seeks Foreign Investment to Rebuild Energy Sector10:37am CDT
- CIT Group Offloads Home Mortgage Business10:28am CDT
- The Decline and Fall of the American Empire9:16am CDT
- Gas Prices Remain High for Fourth of July Weekend7:49am CDT
- Crude Oil Prices Hit Another Record High Above $1401:26pm CDT
- Speculators Are to Blame for Sky-High Crude Oil Prices12:59pm CDT
- Gold Soars on Iran Attack Fears11:38am CDT
- Stimulus Checks Give One-Off Boost to Consumer Spending11:31am CDT
- Brazilian Industrial Output Slows11:14am CDT
- Qatar Sovereign Wealth Fund to Invest $8bn in Libya11:11am CDT
- June Slump Leads Dow Into Bear Market9:59am CDT
- Time to Jump In to GM Foods?8:19am CDT
