Asking a technician or chartist about directional movement is often mind-numbing for fundamental investors. Basing future price movement prediction solely on the past without a care about the underlying fundamentals and without a…
Gold took it on the chin today because the Euro Zone bailout is not looking quite as robust nor as inflationary as many market participants have been hoping for. Living with disappointment…
A state superior court judge in Alaska has ruled against an environmental group in a lawsuit aimed at stopping development of the Pebble gold and copper mine project in the state. The…
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an…
The markets opened in the red this morning but have recovered after the ISM Manufacturing data favored very low growth rather than recession. There were a number of stocks getting a boost right…
On the way up, you heard many $2,000 gold targets. On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork. Monday marked another day…
Owning gold or silver has been tricky up until recent years. It has also been a wild ride. Now with the flourishing ETFs, investors can buy the most liquid gold play in…
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in…
Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) buyer $9,450…
You have already seen how gold has gone through the roof almost daily to higher highs. The world of print money is dying compared to the hard asset of gold. What is…
The World Gold Council has shown that demand from Asia remains high for gold. High prices be damned! This was reinforced in the second quarter where total global gold demand measured 919.8…
Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 are also…
Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its “normal review of market volatility…
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward…
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the…
