Gold has just hit a new contract high of $1,035.00 on a nominal basis. While this is far short of an inflation-adjusted price compared to the 1980’s highs, this is still a…
Maybe it is time after a 50%+ gain in the major equity indexes, or maybe it is just everyone getting into the October bearish mode. We are hearing more and more calls…
This morning’s reports on unemployment (up), manufacturing (down), housing (sort of up), and consumer spending (up a little) have pushed the market down. Out of the gate this morning, gold miners and…
Now that Barrick Gold Corp. (NYSE:ABX) has raised $4 billion or so to buy out its hedges, the company is set to enjoy an expected run-up in gold prices. In early trading…
While everyone is stuck talking about the one year anniversary of the Lehman implosion and the real start of the next-to-last big leg down in the financial sector, there is a significant development…
We have a whole host of stocks and sectors to watch throughout this coming week. We have Goodyear Tire & Rubber Co. (NYSE: GT) and Cooper Tire & Rubber Co. (NYSE: CTB)…
The commodities call is back on. It isn’t $100 oil, but it is for $1,000.00 gold. We have two well respected market technicians calling for higher gold prices. At 10:12 AM EST, …
Two months ago it was a carnal sin to suggest that certain exchange-traded funds or notes which track commodities would start trading more like a closed-end fund based upon supply and demand…
This morning’s move in gold may have seemed like an anomaly as gold briefly traded up over $970.00 per ounce. The shiny yellow stuff rose $2.28 at $964.78 as of 10:42 AM…
Ben Bernanke thinks the risks of inflation may be overstated or those fearing major inflation may be misguided. But that feeling is still not shared by many on Wall Street and also…
We are witnessing a pivotal moment in investing history. After a decade of opening up all markets to the public and to more speculators with exchange traded products, some might soon be…
We have been large fans of exchange-traded funds, exchange-traded notes, and other exchange-traded instruments which are open for trade throughout the day that are allowed to be invested in just like a…
Since the beginning of the year, the price for copper has nearly doubled, silver has risen by nearly a third, and gold has added more than 20%. Silver is in the process…
While the Fed has noted nothing about inflationary pressures, we have started seeing yet another return to the reflation trade as the economy seems to be bottoming out and all the new…
With gold back well above the $900.00 mark, it seems that the SPDR Gold Shares (NYSE: GLD) and the Market Vectors Gold Miners ETF (NYSE: GDX) are trying to interpret a key…
