Saturday, November 21st, 2009

Posts Tagged ‘ Commodity Markets ’

Oil Falls as Recovery Fears Spur Risk Aversion

Jul 7th, 2009 | By Contrarian Profits | Category: Financial News, Oil Investment & Alternative Energy

Oil prices fell more than 1 percent to $63 a barrel today, Tuesday, as growing uncertainty over an economic recovery spurred investor risk aversion.  A member of U.S. President Barack Obama’s economic advisory panel said the world’s top oil consumer should plan to possibly provide a second round of stimulus funds to prop up the economy, implying that recovery is still far off.



Gold Steady as Dollar Retreats, Risk Aversion Buoys

May 14th, 2009 | By Contrarian Profits | Category: Financial News

Gold tracked back from its lows on Thursday as the dollar retreated from earlier highs, with worse-than-expected U.S. macro data and weaker European equity markets fuelling doubts a recent winning streak was sustainable.



Natural Gas: Another Chance to Profit As This Commodity Takes a Tumble

Mar 31st, 2009 | By Lee Lowell | Category: Featured

While history has shown us that there shouldn’t be much correlation between the stock and commodity markets, the current inter-connectedness between the two at the moment is still very evident. We’re still seeing large, intra-day and intra-week price swings, most of it coming on the heels of stock market moves. 



Gold Rises, Platinum Falls, Silver has a Blast-off Day

Oct 30th, 2008 | By Doug Casey | Category: Financial News

Gold was flat to the end of Hong Kong trading, but then pushed higher from there to mid-morning in New York, peaking at nearly $775, before declining slowly to finish at $755.30, up $11.50. Overnight, gold is trending higher.



Precious Metals Surge

Jun 12th, 2008 | By Doug Casey | Category: Gold Market

Gold was slightly higher in Hong Kong and early London trading on Wednesday, then rose steadily during the NYMEX session before leveling off through the Globex and finishing at $880.10/oz., up $13.50. Overnight, gold has fallen off.



Whither the Price of Oil?

May 24th, 2008 | By John Mauldin | Category: Oil Investment & Alternative Energy

Those Nasty Index Speculators. Is Correlation Causation? Where Are All the Tankers? Where Will Oil Prices Go? Is it 1980 All Over Again? The Middle East, California, and Help for Myanmar.



Base Metals Tank Again

May 23rd, 2008 | By Doug Casey | Category: Gold Market

The base metals took a severe beating on Thursday. Copper was down from the pre-dawn hours straight through the day, only coming off its lows near the noon hour and finishing at $3.497/lb., down 6 cents.



Precious Metals Slide More

May 15th, 2008 | By Doug Casey | Category: Gold Market

Gold was tightly rangebound from the overseas markets straight through the NYMEX and Globex sessions on Wednesday, bouncing between $860 and $870, and finishing at $864.40, down $1.30.



Gold drifts lower

May 13th, 2008 | By Doug Casey | Category: Gold Market

Gold was very rangebound from the foreign markets through the New York session on Monday, with buyers emerging when it dropped below $880 and sellers equally present when it topped $885, and it stumbled into a finish at $882.20, down $1.80.



The Dollar’s Ugly Stepsister Takes on the Yen

May 9th, 2008 | By Jack Crooks | Category: International Investing

You can’t deny 2007 was the year of living dangerously in financial markets. So far this losing streak has continued through the first quarter—with the notable exception of soaring commodity markets!