Euro Approaching 3-Month High… Oil & Gold Rising With It
Jon OggThe Euro is not just back above $1.25 in mid-day trading after the European stock markets have closed for the day… It is approaching $1.26 and the implied market chatter (which…
Jon OggThe Euro is not just back above $1.25 in mid-day trading after the European stock markets have closed for the day… It is approaching $1.26 and the implied market chatter (which…
Compared with the second quarter of 2011, demand for gold fell 7% by a total of nearly 76 metric tons, to 990 metric tons, in the second quarter of 2012, according to…
Futures prices for gold, silver, and WTI crude are all lower today as the dollar gains strength against the euro. Oddly enough, the dollar index versus a basket of currencies is down…
IndexUniverse.com has now released its July 2012 ETF Fund Flows data and the report is showing some key changes for the month on different asset classes. The total ETF fund flows were…
The ADP report on jobs managed to come in much better than expected. This has somewhat dampened the hope that the FOMC will need to immediately begin new stimulus measures via the…
Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that gold miners…
Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue of $3.5…
Since the beginning of May, gold futures prices have traded in an increasingly narrower band. The highs are trending lower, while the lows are trending higher. Given the continuing concern over the…
It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold. The rewards can be immense, but…
We’ve already posted our opinions on the agreement which is expected to create a TARP-style program to prop up Europe’s weak banks. In our view, the proposal is not big enough and…
The financial world has been waiting for the decision from the United States Supreme Court on Obamacare and the reaction depends upon which sector and asset class you are following. We have…
By now you have likely heard the term “The Devil’s Metal.” When you see big price whips in silver, it generally means that there is something happening in commodity markets. The situation which…
The SPDR Gold Shares ETF (AMEX: GLD) is off about -0.2% at $156.89 in a 52-week range of $143.97-$185.85. The iShares Gold Trust (AMEX: IAU) is off about -0.1% at $15.76 in…
Gold and silver are finally acting in the manner they should be again. For months and months, gold (and silver as a more speculative gold trade) investors and speculators were having an…
Of the top 25 price gainers today, 15 are gold or silver miners, most are the juniors, and all are up about 9%-12%. Recent weak US employment news and a pricey dollar-euro…