Gold and Silver End the Week Range Bound - May 4, 2013 16:05

Bravo to the money masters this week, pushing and pulling the timing of the news to reinforce a range trade in Gold and Silver.  This is keeping the mo mo monkeys out of the market — a game that has been going on now since the first day of trading this year when the price […]

Gold Ends Week Up $54, Silver up $.70 - April 26, 2013 23:10

Gold and Silver both were on their way to their best weeks in more than year when a major sell off occurred just after the European close at 11am EST.  Zerohedge speculated that it could have been margin-related selling with some long liquidation to shore up losses in other markets.  But, seeing as not only […]

Commodity and Equity Bifurcation Continues Towards Plaid - April 23, 2013 21:42

The markets have gone plaid.  We had horrible Chinese and German flash PMI data come out this morning which kept commodity prices under duress all day. Copper continues its trek towards $3.00 per lb.  Silver broke back below $23 after challenging $24 yesterday. The grain complex was whacked across the board in late session trading […]

Oil Ends Week Near Lows, S&P Levitates - April 20, 2013 0:56

Let it not be said that the Federal Reserve is not dogged in their pursuit of market conditions that it deems as necessary.  Strategic commodities like oil and copper were pummeled this week and in previous weeks while the equity market on, frankly, horrific early earnings reports, continues to levitate.  With today being options expiration […]

Gold Gives Up Ground in Quiet Monday Trading - April 8, 2013 21:45

Today’s action in the gold pits was as predictable as night following day. There was no major headline or economic data point to react to which meant an opportunity to create more stability after Friday’s substantial move back over $1580 per ounce.  Coming into the European open gold had put on a couple of dollars, […]

Brent Prices Continue to Soften - March 12, 2013 23:39

Brent crude prices have been falling steadily for the past three weeks having come down from $119 per barrel to $109 per barrel.  It has been a relentless drubbing that coincided with the peak of the Euro and further exacerbated by the results of the Italian election along with poor commodity demand numbers hitting the […]

Gold Declines ahead of ECB Meeting - September 6, 2012 23:59

Gold futures fell on Wednesday as investors had mixed opinions before the meeting of European Central Bank on Thursday. Investors are also keenly waiting of US jobs data due on Friday. Gold futures contract for December delivery fell 0.1 percent or $2 to settle at $1,694 per ounce on the Comex division of the New […]

Gold Futures Drops ahead of Bernanke Speech - August 30, 2012 23:57

Gold futures declined on Wednesday mainly in reaction to stronger greenback while investors were also mixed over the decision of central bankers ahead of Bernanke speech. Gold futures contract for December delivery plunged 0.4 percent or %6.70 to settle at $1,663 per ounce on the Comex division of the New York Mercantile Exchange. US Federal […]

Gold Futures Decline as ECB Cuts Interest Rate - July 6, 2012 23:58

Gold futures fell on Thursday in reaction to moves of the ECB and the Bank of England which created worries for global economy.  The European Central Bank announced reduction in the key interest rate while the Bank of England opted for further easing measures. Though the move of European Central Bank was highly anticipated by […]