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By Mark O'Byrne |
May 22, 2012
Gold edged slightly higher in Asia but has now fallen and continued this pattern in European trading where gold is now near $1,576/oz. level off about 1% from yesterday’s close in New York.
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By Marshall Swing |
April 21, 2012
Commercials added 2,372 longs and 2,484 shorts to end the week with 47.57% of all open interest 132,485,000 ounces net short, a small increase of 555,000 ounces, according to the US Commodity Futures Trading Commission.
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By Marshall Swing |
April 21, 2012
Commercials sold 2,373 longs and picked up 2,669 shorts to end the week with 58.66% of all open interest and now stand as a group at 17,609,100 ounces net short, according to data from the US Commodity Futures Trading Commission.
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By Marshall Swing |
April 20, 2012
Near the next top the commercials are buying short positions and the speculators near the middle to top are buying long positions. At the top, the commercials sell their long positions that they bought low and then begin the price settling action to end the trading day.
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By Richard (Rick) Mills |
February 18, 2011
The Quesnel-Stikine Terrane is a depositional belt extending through the central part of British Columbia. It encompasses most of the operating mines in the province and most projects at pre-feasibility and feasibility stage.
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By Mark O'Byrne |
February 15, 2011
Silver and particularly gold rose sharply on the release of the higher than expected UK inflation data. It showed that UK inflation quickened to 26 month highs at 4.0%.
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By Philip Burgert |
October 18, 2010
Switzerland-based trading and mining giant Glencore International AG has confirmed an agreement to jointly develop a previously bankrupt iron mine in Missouri to produce rare earths, iron oxides and pig iron.
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By Jim Willie |
May 12, 2010
The key to understanding the continuation of disruptive and chaotic events is the realization that nothing has been fixed.
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By Jim Willie |
April 22, 2010
The endgame is inevitable, due to colossal deficits, huge unfunded obligations, and the desperate need to stimulate the moribund US Economy.
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By Phil Flynn |
April 21, 2010
The oil market has been going contango crazy in recent weeks