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By Ilya Spivak |
February 16, 2012
Traders will look for clues about the probability of QE3 after Ben Bernanke and company extended their pledge to hold rates “exceptionally low” by 18 months. If this stokes bets on additional stimulus, gold is likely to follow inflation expectations higher, and vice versa.
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By Frank Holmes |
November 14, 2011
Oil prices rose about 5% last week to finish only a dollar short of regaining triple-digit status. Since dipping below $80 per barrel on Oct. 3, West Texas Intermediate (WTI) prices have increased almost 28%.
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By Ilya Spivak, Sumit Roy |
December 13, 2010
Gold fell 2% last week after US Treasury yields spiked almost 50 basis points. It is unlikely that yields will continue to rise so rapidly and it will be interesting to see whether gold continues to decline if yields merely maintain their new levels.
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By Frank Holmes |
August 19, 2010
China is importing three times more crude than eight years ago to support its economic growth. Last month's imports show a steep fall off from June's levels, and PetroChina forecasts slow growth through year-end.
