Silver is trying to make a breakout as spot silver has been trading between $28.00 and $28.20 most of yesterday and today. Its chart is running into some resistance after having bottomed…
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…
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…
With commodities on the retreat and with preliminary inflation running very low, you can imagine that the gold and silver markets are trading softer again. Gold is down 1.3% at $1581.50 per…
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…
Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized. The markets are mixed today in the commodities and the miners…
Gold remains under pressure on Tuesday, albeit at a far lower rate of pressure with a drop of only $0.37 to $1,554.19. Gold was at $1,580 just yesterday morning overseas and it…
The major US stock indexes opened significantly lower this morning as investors reacted to the surprise loss of $2 billion by JPMorgan Chase & Co. (NYSE: JPM) disclosed by the bank’s CEO…
There is no point in arguing about it. Gold and silver are just the wrong trades in the current state of the markets. Hope may be near for support, but there are…
Is it starting to feel like the silly season all over again? On a day after higher consumer confidence and weak durable goods, spot gold is up just over 1% at $1,788.90…
The metals and materials sector, including miners, has been hit hard by the weaker global economy. China’s manufacturing slowdown, the turmoil in Europe, and slow growth in the US have caused prices…
Silver and gold miners just got some great news today after having lost so much luster in recent months. The FOMC has now telegraphed that it expects that interest rates will remain…
In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor Corp. (NYSE:…
Earnings season has peaked, but we still have many key earnings reports and economic events coming in the week ahead. 24/7 Wall St. has featured a calendar with events scheduled all-week on…
Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have looked…
