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By The Mad Hedge Fund Trader |
May 8, 2012
Will people pleeease stop incessantly nattering about the possibility of China dropping the dollar as a reserve currency? What else are they going to use? Monopoly money? Taiwanese dollars? Collectable postage stamps?
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By Goldrunner |
April 2, 2012
Silver’s channel top will lie up around $68 to $70 over the coming months which we believe will be reached in 2012. The next higher angled resistance bands for silver run from $112 to $115, and then up at the $123 area.
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By Ben Traynor |
September 16, 2011
Gold bullion prices rallied to $1,789 per ounce Friday morning in London - down 3.6% from last week's close - following a sharp drop that began the previous day after key central banks announced they will begin US dollar liquidity operations.
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By Ben Traynor |
September 15, 2011
The gold price fell for the sixth session in nine Thursday morning in London, flirting with $1,800 per ounce - some 6.3% below last week's new record high - as world stock markets rallied sharply.
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By Jon Nadler |
August 8, 2011
Spot metals dealings started what could be a tumultuous session with (mostly) gains this morning. Gold commenced trading just above the $1,700 round figure (at $1,702.20 the ounce) showing a gain of $38.80 versus its Friday afternoon closing value.
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By Ben Traynor |
July 1, 2011
The spot market price of gold bullion fell to a one-month low of $1,489 per ounce on Friday morning in London - a 5.5% drop from May's all-time high - as stocks gained and commodities fell.
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By Jon Nadler |
July 1, 2011
Gold prices touched lows not seen in over six weeks overnight and they were heading towards finishing this week with their worst performance since the commodity meltdown of early May. Spot quotes showed the yellow metal trading near $1,486/oz.
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By The Mad Hedge Fund Trader |
June 30, 2011
I'm sure that if Alexander Hamilton were alive today, he would counsel our modern Treasury Secretary, Tim Geithner, to talk the dollar up, but to do everything he could to undermine the buck behind the scenes.
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By Ben Traynor |
June 21, 2011
The price of gold bullion rose above $1,545 per ounce Tuesday morning London time - just over 2% shy of last month's record high - as stocks and commodities also rose. At Tuesday morning's London Fix, the pound sterling price set a new record.
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By The Mad Hedge Fund Trader |
May 24, 2011
Most analysts have missed the fact that QE3 has already started in earnest. Of course, it would have been easy to miss. Ben Bernanke has not made any grand pronouncements. He hasn't been thinking out loud, as he did at Jackson Hole last August.
