Brent crude traders claim proof that oil firms and other traders rigged oil market

GATA By Bob Van Voris, Lananh Nguyen, Brad Olson, and Elisa Martinuzz Bloomberg News Wednesday, November 6, 2013 http://www.bloomberg.com/news/2013-11-06/brent-crude-traders-claim-proof… Four longtime traders in the global oil market claim in a lawsuit that the prices for buying and selling crude are fixed — and that they can prove it. Some of the world’s biggest oil companies, [...]

U.S. may sanction India over its Iran oil imports

GATA By Indira A.R. Lakshmanan and Pratish Narayanan Bloomberg News Thursday, March 15, 2012 http://www.bloomberg.com/news/2012-03-15/u-s-may-sanction-india-over-lev… India has failed to reduce its purchases of Iranian oil, and if it doesn’t do so, President Barack Obama may be forced to impose sanctions on one of Asia’s most important nations, Obama administration officials said yesterday. A decision to [...]

Investing in Commodities: Will Oil Reach $120 by December?

By Eric McWhinnie, Wall St. Cheat Sheet Although there have been numerous economic reports to derailoil (NYSE:USO), the black gold continues to hold firm. Last week, investors were reminded that the employment picture remains weak, as initial claims came in at 418k. Barclays Capital (NYSE:BCS) released a report that inflows into commodity markets fell sharply as the first half [...]

Smith Barney’s Louise Yamada has sky-high targets for gold, silver, oil

8:11p ET Sunday, March 6, 2011 Dear Friend of GATA and Gold (and Silver): Smith Barney’s technical research chief, Louise Yamada, tells King World News that her target prices for gold are $1,500 and then $2,000, for silver $40 and eventually $80, and for oil $115 and eventually $140. Who does this respectable and establishment [...]

Gold, Silver, Oil: Volatility is the New Stability

By James West, MidasLetter.com In the last 30 day period, the price of gold has swung up and down like a yo-yo between $1,340 and ounce, and $1,420 an ounce, giving it a volatility ratio of 5.6%. Silver, in the same period traded between $25.38 and 30.50, which gives it a 16% volatility ratio. Oil’s [...]

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 [...]

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