at the very Core of it all … is Content!
Gold has been in a waterfall-like decline for 2013, off nearly 23% YTD. The price of gold and silver are closer to a bottom than a top. The QE-Infinity is closer to a top and will collapse under its own “goldless” weight. The PaperMoney holders are on the correct side of history. Understand that it …
Gold Futures Chart: I thought it was time to add my analysis for gold, and in particular consider the longer term technical picture, starting with the volume at price zones, which delineate the deep areas of congestion now in place on the daily gold chart. Zone 1, sits in the heady area of $1660 to …
Precious metals continue to under-perform the broad market. This year’s heavy volume breakdown below key support has many investors and trader’s spooked creating to a steady stream of selling pressure for gold and silver and bullion stocks. While the technical charts are telling me prices are trying to bottom we must be willing to wait …
As far as we can ascertain, the demand for physical silver is alive and well with reports of people queuing to buy it while a number of suppliers, including the mints have been selling all that they could produce of the popular coins and bars. And yet the price of silver falls in the paper …
India’s booming futures trade in commodities is likely to be tested soon, when the Government puts the proposed Commodities Transaction Tax (CTT) into effect. CTT will be levied on gold, silver and other non-agricultural commodities traded through commodities exchanges, once the Finance Ministry formally notifies the tax.The detailed notification is under preparation. While Ministry sources …
Above is a list of 2013 and quarter-to-date stock market returns for 77 countries around the world. Of the 77 countries shown, 60 are in the green for the year, while 17 are in the red. As shown, Japan is now up the most of any country with a YTD gain of 45.22%. Japan …
The US dollar (USD) is seeing renewed strength and this strength is giving asset classes across the globe a new direction. Equities have rallied and oil prices have fallen over the last two years on the back of the USD strength. Indian equities and bonds are benefiting from the dollar strength. The Indian rupee (INR) …
As coal prices fall and China gets out of the seaborne coal trade, Indonesia may not want to rock the boat Indian power generators can rejoice. The sharp rise in coal prices which had come to haunt them since 2010 may reverse to a large extent in 2013. Globally, coal prices have cooled off by …
1. Conspiracy theorists who can’t let go of the fact that one of the world’s richest men probably has some advantages and influence that others don’t have. To which I say grow the f— up, this is how the world works, read a book about the Roman Empire or the Renaissance or even the elitist philosophy of …
Released a much higher than expected build in crude inventories that took the stuffed-channel of oil products to all-time highs. The 395.3 million barrels is higher than the previous record in July 1990. There appears to be a number of factors at play – none of which are positive. There is a surge in supply due to the incessant harvesting of …