-
By Alasdair Macleod |
May 24, 2013
The net gold position of the four largest traders, which we can assume are all bullion banks, on May 14 was long for the first time for as long as records are available, shown in the chart below.
-
By James Ramelli |
May 23, 2013
With most of the Fed members still in Bernanke’s corner and the pattern of dip buying this year, many traders may look at this sell-off as an opportunity to buy into this market. What is the most effective way they can do so?
-
By Phil Flynn |
May 23, 2013
Fed Chairman Ben Bernanke does his best impression of a one-handed economist. But while the market focuses of the possibility of softening demand because of the Fed and China there was one area where demand actually improved...
-
By Phil Flynn |
May 22, 2013
Oil continues to look weak despite a rebounding euro and the cloud of Ben Bernanke. Products seemed to have topped because of frantic pre-holiday wholesale cash buying.
-
By Phil Flynn |
May 21, 2013
With gold and silver capitulating and Treasury yield rising, oil will have to balance the bearish implications of the Fed talking about an exit strategy versus the disinflation that is now plaguing Europe.
-
By Anthony Lazzara |
May 20, 2013
Gold hit the key level of $1,340, and silver had a big spike down to almost $20. For silver, $20 is a very key support level.
-
By Austin Kiddle |
May 17, 2013
As inflation is low and equity markets are rising, gold-backed ETP investors have been rotating out of gold. The SPDR Gold Trust holdings dropped to a four-year low to 1,041 metric tons yesterday.
-
By Nikolaj Gammeltoft, Bloomberg |
May 16, 2013
U.S. stocks fell, after the Standard & Poor’s 500 Index extended a record yesterday, after a Federal Reserve official said the central bank may slow the pace of stimulus as early as this summer amid disappointing economic reports.
-
By Nikolaj Gammeltoft, Bloomberg |
May 15, 2013
U.S. stocks rose, pushing benchmark indexes to fresh records, as data showing weakness in manufacturing fueled bets the Federal Reserve will be in no hurry to scale back stimulus.
-
By Austin Kiddle |
May 10, 2013
During the week ending May 9, the gold-backed ETP holdings rebounded 0.1% to 2,241.708 metric tons, the first rise since the beginning of April. In India, gold imports will likely top 100 tonnes in May.
