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By Ben Traynor |
June 17, 2013
The last weekly COT report to show money managers betting on aggregate against the silver price were published in April -– prior to that no managed money net short silver position had been published since September 2007.
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By Ben Traynor |
May 1, 2013
Wholesale prices for gold bullion drifted lower Wednesday morning in London, dipping below $1,470 an ounce, although it remained slightly up on where it started the week.
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By Ben Traynor |
April 30, 2013
Following a dip during Asian trading, the gold price climbed back above $1,470 per ounce Tuesday morning in London, broadly in line with where it was a day earlier, with China's markets shut for this week's Labor Day holiday.
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By Karen Roche |
April 3, 2013
In his new book, David Stockman, former Republican U.S. Congressman and a founding partner of Heartland Industrial Partners, levies blame for the dire straits of the global financial system on central bankers, economists and politicians of both parties.
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By Ben Traynor |
March 5, 2013
The volume of holding held to back shares in the SPDR Gold Trust (ticker GLD), the world's biggest gold exchange traded fund, fell for the tenth straight session yesterday, the first time this has happened since the GLD was launched in 2004.
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By Eric McWhinnie |
February 28, 2013
It was not exactly a lovely February for gold bugs. Between talks of a great rotation into risk-on assets, and confusing language from the Federal Reserve, the precious metal experienced heavy-selling pressure to reach new multi-month lows.
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By Ben Traynor |
February 20, 2013
The spot gold price dropped below $1,600 an ounce for the first time in six months Wednesday, as the dollar strengthened and stock markets were broadly flat, ahead of the publication of the latest Federal Reserve policy meeting minutes later today.
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By Ben Traynor |
January 29, 2013
Wholesale Gold Bullion prices climbed back above $1,660 an ounce Tuesday morning, broadly in line with where they ended last week, as stocks and commodities fell slightly and the dollar ticked higher against the euro ahead of tomorrow's interest rate decision from the U.S. Federal Reserve.
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By Ben Traynor |
January 16, 2013
"In the short term, the combination of weaker growth and the run up to the debt ceiling and potential budget sequestration should prove supportive to gold prices," says a note from Goldman Sachs.
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By Ben Traynor |
January 11, 2013
Wholesale gold bullion prices dipped back below $1,670 an ounce Friday morning in London, 0.9% up on where it started the week, after jumping 1% yesterday following the European Central Bank's decision to leave interest rates on hold.