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By Martin Hutchinson |
May 23, 2012
Over the last twelve months mining stocks have substantially underperformed the market. When you look more closely at operating numbers, the weakness in commodity shares is easier to explain.
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By Brett Heath |
May 22, 2012
The powers that be have total control over money, as they set the price for capital via manipulating the interest rates. So it is not a stretch that they would be concerned with a rising gold price because gold is a threat to how the current fiat regime functions.
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By Brian Sylvester |
May 17, 2012
The editor and publisher of the Hard Rock Analyst newsletter, has never heard so much negativity from investors. "Everybody thinks the world is coming to an end," he says. As a contrarian, all the doom and gloom tells him the market is about to pull out of its tailspin.
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By The Mad Hedge Fund Trader |
May 15, 2012
JP Morgan (JPM) just gave us the preview of the next financial crisis. A surprise, hidden $2 billion trading loss in esoteric foreign derivatives at on offshore branch by America’s premier bank is exactly what the markets did not want to hear right now.
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By Ilya Spivak |
May 10, 2012
Commodity prices are yielding a mixed performance in early European trade as markets look for the next market-moving catalyst, having somewhat absorbed the weekend’s destabilizing political news-flow out of the euro zone.
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By Ben Traynor |
May 9, 2012
Spot market gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1,581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained.
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By J.W. Jones |
May 7, 2012
The price action over the weekend on Monday will likely be telling and we could see the beginning of a major move in a variety of underlying assets depending on the election results. Clearly times have changed when US market participants are concerned about what is going on in Europe...
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By Ben Traynor |
May 4, 2012
US dollar gold prices rallied to $1,640 an ounce Friday, following the release of disappointing US nonfarm jobs data, though they remained more than 1% down on last Friday. Silver prices also spiked – touching $30.19 per ounce – but was still 3.4% down on the week.
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By Jon Nadler |
May 2, 2012
Gold spot prices opened with losses on the order of about $10 and near the support level that the $1,650 area is thought to be able to now offer. Silver dropped nearly 50 cents and started the midweek session out under the $30.50 mark per ounce.
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By Mark O'Byrne |
May 1, 2012
Gold rose $3.80 or 0.23% in New York yesterday and closed at $1,666.10/oz. However, there were more peculiar goings on in the gold market which saw one massive sell order knock prices lower, prior to gold gathering itself and moving higher.