Gold, Oil, China, and ‘The Bubble Bubble’

Chris Lanese submits: It seems these days whenever something doubles in value (whether a commodity, stock, real estate, or country) it is immediately labeled a “bubble.” What an economic bubble is supposed to imply is that current fundamentals of a thing do not warrant its current price or continuing price appreciation. To take a simple [...]

Commitments of Traders Review: Gold, Silver, Oil, Copper

Anthony Davian submits: By Philip Dunham Gold After falling from around 1,065 in late October, gold prices surged, flirting with 1,100 due to news the Reserve Bank of India purchased 200 tonnes of gold from the IMF. Open interest increased by 35,649. Producers/consumers increased long positions by 5,290, shorts by 9,360. Swap dealers increased longs [...]

Gold, Silver, Metal Prices: Commentary – 10/30/2009

GDP: Great Day to Play Good Day, Friday’s market sessions in precious metals started off on a tamer note, following the best gains in gold in three weeks. Explanations follow. The recapture of the $1045 area is noteworthy, although analysts we polled during the wee hours overseas are trying to define the move as everything [...]

Gold, Silver and US Stocks Rally

Gold and other precious metals spiked Thursday, as did crude oil and US stocks following a report by the Commerce Department saying the economy expanded at a 3.5 percent annualized pace in the third quarter. Gold’s rise broke a losing streak that had extended to five days. The Dow and S&P enjoyed their best one-day [...]

Property Developers and Road Contractors Benefit from PolyCom Stabilising Aid

PolyCom treated water is of great benefit during the initial phase of construction projects. Mine developers, civil roadworks contractors and subdivision specialists benefit from reduced water use and the ability to improve sub-standard soils to make sub-grade improvements. PolyCom enables the use of most materials usually cut to spoil by improving workability of difficult to [...]

Gold Continues Decline for Day Five, Stocks Tumble

Gold ended slightly lower Wednesday, marking the fifth consecutive day the yellow metal has declined. Again cited as the catalyst for the loses was a rallying US dollar. Silver and platinum also fell, as did crude oil which plunged 2.6 percent. US stocks followed along, with the three major indexes tumbling between 1.2 percent and [...]

Gold Drops for Fourth Day, Silver Plunges, Stocks Mixed

New York gold futures ended lower Tuesday for the fourth straight day as the US dollar advanced on news of a decline in consumer confidence. Silver was hit exceptionally hard for the second straight day, falling more than 3 percent. Platinum declined as well. In other markets, crude oil finished 1 percent higher and US [...]

Commodities and Stocks: Ready to Bounce or Rally?

Chris Vermeulen submits: Commodities and stocks almost look ready for a rally or at least a relief bounce. The market is down over 5% and the normal pullback this year has been 4%. Using technical analysis and inter-market analysis, we can see that the market is reaching extreme lows and this usually means we are [...]

Dollar Wobbles on Chinese Currency Diversification Concerns

Mark O’Byrne submits: Gold Gold closed trading at $1,039.80/oz In euro and GBP terms gold is trading at €699/oz and £635/oz. Support for Gold is currently seen at $1,030/oz and resistance at $1,053/oz. Gold fell yesterday as oil prices and equities came under pressure and the dollar rose. The dollar has fallen marginally today after [...]

Crude Oil and Gold: Not Worth Worrying Over

Przemyslaw Radomski submits: This essay is based on the Premium Update posted October 23rd, 2009 The crude oil market has lost most of its popularity since it is no longer near $150 per barrel (no longer do oil-related topics dominate the main financial websites), but nonetheless I’m sure that nobody can deny crude oil’s importance [...]

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