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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 Jon Nadler |
May 16, 2012
The uber-critical $1,527 line of gold’s price defense came into play overnight as we had recently pondered here, and this time around, despite all the denials of the fact and protestations to the contrary, the gold market entered the cave of the bear
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By Ben Traynor |
May 11, 2012
Wholesale market gold prices touched their lowest level since the first week of January Friday, hitting $1,574 an ounce before recovering some ground, while stocks and commodities fell and US Treasury bonds gained.
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By Jon Nadler |
May 11, 2012
In technical terms, there is little in the way of chart support for gold until the $1,527 level is touched and such an excursion could take place in short order.
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By Jon Nadler |
April 27, 2012
The US dollar and stock index futures frowned upon the GDP estimate and headed lower. The development may give gold players another chance at trying to go for the assault on the $1,660-$1,675 resistance area.
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By Jon Nadler |
April 18, 2012
This morning, the midweek session in New York opened lower as gold notched a fourth day of losses, and traded near $1,640 per ounce. Anxieties connected to China’s economy flared in the wake of reports that home prices in that country fell again.
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By Jon Nadler |
April 16, 2012
CFTC reports continue to show that net long positions in gold are being liquidated. Nineteen tonnes were shed in the latest reporting period on Comex. Long-silver specs unloaded 210+ tonnes from their logbooks and added 110+ tonnes to short positions.
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By Ben Traynor |
April 10, 2012
Gold bullion prices drifted down to $1.642 per ounce during Tuesday morning's London trading – though still slightly up on last week's close following gains in Asia – while stocks fell and commodities were flat.
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By Eric Coffin |
March 23, 2012
The better the market is the more likely it is that late March to late April will feature large amounts of profit taking and tax gain selling. Given how metal prices and junior resource shares have fared there seems no danger of things getting frothy soon.
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By Adrian Ash |
March 22, 2012
The price to buy gold fell hard on London's wholesale market at the start of trade Thursday, dipping near to a 2012 low beneath $1,634 per ounce as world stock markets and commodity prices also dropped.
