By: Warren Bevan It’s a well known but often misunderstood fact that silver is being, once again, increasingly used in medicinal or purification applications. The recent reports of the H1N1 virus, more…
Gold Miners Soar on Record Prices
Associated Press Tuesday, October 6, 2009 Record gold prices in New York trading Tuesday sent shares of precious metals miners soaring. A faltering dollar helped kick up the price of gold. Commodities…
Inflation Outlook Fuels Investor Demand for Gold
By Pham-Duy Nguyen, Nicholas Larkin and Kim Kyoungwha Bloomberg Tuesday, October 6, 2009 Gold rose to a record on speculation that currencies will depreciate, spurring inflation and boosting the appeal of the…
Gold Price Reaches Record High
By Chris Flood Financial Times Tuesday, October 6, 2009 Gold prices hit a new record above $1,036 an ounce on Tuesday as the dollar lost ground following reports that the US currency’s…
Absence of Sales Illuminates Recovery Hubris
By Paul R. La Monica CNNMoney Tuesday, October 6, 2009 More and more economists are talking about how they think the economy actually grew in the third quarter. Unfortunately, it might be…
Arab States to Ditch U.S. Dollar-based Oil Pricing
Associated Press Tuesday, October 6, 2009 The dollar fell Tuesday towards year lows against the euro and the yen after a report that Arab states and other countries were contemplating an end…
How To Profit In This Market, With Maximum Portfolio Protection (F.R.E.E. Webinar)
I’d like to invite you to a very special webinar happening this Wednesday evening. This webinar has a provocative topic: “Why RIGHT NOW Is the Best Time Ever to Be Learning Options……
Is a divergence building in Apple?
Yesterday I produced a video on how to trade divergences in the S&P 500. Today, I’m following up that video with a divergence I see developing in one of the biggest tech…
Gold Weekly Technical Outlook
Comex Gold (GC) Gold continued to engage in choppy sideway trading below 1025.8 last week, without making any progress. Further consolidation could still be seen with risk of another fall. Though, downside…
Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s recovery was limited at 16.785 last week and weakened again. Initial bias remains on the downside this week for 15.76 first and break will bring fall resumption. As…