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By JT Long |
May 22, 2012
THe author of the ShadowStats.com newsletter, shines light on his interpretations of the GDP, CPI, unemployment and other government statistics in this interview. Highlights include what the money supply measures tell him and why QE3 will be a hard sell.
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By Adrian Ash |
May 21, 2012
Spot gold prices touched a seven-session high just shy of $1,600 per ounce in London's wholesale market early Monday, falling back to last week's finish at $1,593 as European stock markets rose for the first time in 10 days.
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By Adrian Ash |
April 12, 2012
Prices quoted for buying gold fell together with the US dollar on Thursday morning in London, dropping away from $1,660 per ounce and falling harder in other currencies as commodities also edged lower. Silver prices slipped back to $31.50 per ounce.
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By Jon Nadler |
February 3, 2012
The near-term in Europe might be darker than many currently anticipate (as reflected in January’s asset-buying euphoria) if we take note of certain underlying trends. An injection of liquidity has not resulted in an injection of loans into the region’s faltering economy, for example.
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By Jon Nadler |
January 27, 2012
Precious metals – with the exception of palladium – opened mildly higher this morning in New York as players awaited US GDP and consumer sentiment data with a degree of caution and as profit-takers stood by to possibly pull the trigger.
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By Ben Traynor |
December 16, 2011
Gold prices touched $1,600 per ounce Friday lunchtime in London - a 2.3% rally from this week's lows - while stocks and commodities flat. "Physical market demand continues to improve," says Walter de Wet, Standard Bank commodities strategist.
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By Ben Traynor |
November 9, 2011
Spot market gold bullion prices rose sharply to $1,797 per ounce Wednesday lunchtime in London - over 3% higher than the same time a week earlier - as the European debt crisis intensified its grip on Italy.
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By Eric McWhinnie |
October 19, 2011
While there is debate on whether or not the Federal Reserve will release more quantitative easing, other banks are removing doubt. On Wednesday, the Bank of England's Monetary Policy Committee voted to add lb75 billion of quantitative easing.
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By Jon Nadler |
July 12, 2011
Spot gold dealings started the Tuesday New York session off on the downside, with the yellow metal losing $7.00 and being quoted at $1,547.50 per ounce. The US dollar remained above the 76.00 mark on the trade-weighted index.
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By Alasdair Macleod |
May 3, 2011
There may have been nothing new from the FOMC statement, and nothing about QE3, but in the absence of more positive measures the markets have the confirmation they need that the dollar is headed lower. No wonder gold and silver rose sharply.
