Contrarian Stock Market Investing News - Featuring Bargain Stocks » Fears http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Mon, 10 May 2010 15:10:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Gold Takes a Tumble on Stronger Dollar http://www.contrarianprofits.com/articles/gold-takes-a-tumble-on-stronger-dollar/658 http://www.contrarianprofits.com/articles/gold-takes-a-tumble-on-stronger-dollar/658#comments Tue, 01 Apr 2008 16:19:17 +0000 Contrarian Profits http://www.contrarianprofits.com/?p=658 Gold futures have shed over 4% so far today in what MarkeWatch is calling “a broad-based commodities sell-off.”

According to the site, “gold for June delivery tumbled $41.80, or 4.5%, to $879.70 an ounce on the New York Mercantile Exchange. Other metals futures were also sharply lower, with platinum selling off 7%.”

Read on at MarketWatch.com

The greenback has climbed higher against the euro today on fears that the economic woes in the US will go global.

Despite today’s sell-off, commodities expert Frank Holmes expects copper – which has gained 400% in the past five years and now sells for $3.75 per pound – to hit $8 to $10 in the coming years.

To find out more, click here.

…]]> Gold futures have shed over 4% so far today in what MarkeWatch is calling “a broad-based commodities sell-off.”

According to the site, “gold for June delivery tumbled $41.80, or 4.5%, to $879.70 an ounce on the New York Mercantile Exchange. Other metals futures were also sharply lower, with platinum selling off 7%.”

Read on at MarketWatch.com

The greenback has climbed higher against the euro today on fears that the economic woes in the US will go global.

Despite today’s sell-off, commodities expert Frank Holmes expects copper – which has gained 400% in the past five years and now sells for $3.75 per pound – to hit $8 to $10 in the coming years.

To find out more, click here.

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