Wednesday, December 03rd, 2008

Hot Topics : Why You Must Own Gold | Commercial Real Estate Doom | The Greater Depression | Thanksgiving Turkeys

Posts Tagged ‘ Commodity Markets ’

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!



Gold, Silver Slammed Down, But Rebound Sharply from Their Intraday Lows

Apr 19th, 2008 | By Doug Casey | Category: Gold Market

Gold held steady at around $945 in the far East, but started down once London opened, and continued to plummet through the first hour of the New York session on Friday, falling as low as $905 before turning north for the balance of the day and finishing at $916.20, down $18.10. For the week, gold lost 1.3%.



Written down, Written Off, and Inflated Away

Apr 15th, 2008 | By Bill Bonner | Category: Politics & Economics

It was here in Manchester, England, that Europeans stole a march on the rest of the world. The Industrial Revolution made it possible for people to produce more wealth, more quickly.



Commodities Are Hot, S&P… Not!

Apr 9th, 2008 | By Black Bear | Category: Gold Market

Check out a chart showing the Q1 2008 action in the CRB Index, a widely tracked basket of 19 leading commodities, versus the S&P 500 from the beginning of the first quarter through Tuesday. The CRB Index is up 11% during that time frame. Meanwhile, the S&P is down over 7%. OUCH! Which would you rather invest in?