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Precious metals continue to ride eurozone train
The concerns out of the eurozone continue to pull down the euro and strengthen the U.S. dollar, thus pulling down prices. Gold in particular has remained relatively fluid within a certain price range...
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Precious metals are down 1%-2% this morning
Precious metals are down 1%-2% this morning as investors await news from an informal summit meeting in the eurozone. David Morrison of GFT Markets said, “Although this is litle more than a...
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Bailout accepted by Spain
Gold and Silver prices both opened higher Sunday on the announcement this past weekend that Spain agreed to a $125 billion (American dollars) bailout. The devil is always in the details, and although...
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Gold retains investor confidence
The markets for Gold and other commodities are going strong thanks to more economic issues in the United States and Europe. While the price of Gold has been steady, the stock market has been anything...
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Weekly Recap: The Fed Pulls The Trigger On Stimulus Plan
The Fed Pulls The Trigger On Stimulus Plan: Precious Metals prices spiked Thursday after the announcement that a third round of quantitative easing (QE3) would start on Friday. In a statement, the...
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End of Week Report: Gold Fails to Break $1,800 an ounce
TAKING GOLD PROFITS: Gold’s failure to break $1,800 an ounce this week, along with positive U.S. economic data, had many investors looking to cash out gains. This week’s retail sales data shows...
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Gold Price Eyes U.S. Election
U.S. stock futures and Precious Metals are up across the board this morning, as Americans are slated to elect the next U.S. President. The fact that both stocks and Metals are gaining seems to be...
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Precious metals moved by the U.S. election: Weekly Gold and Silver Market...
Precious metals moved by the U.S. election: After months of speculation and questions about the political scene in the United States, this week brought forth closure to the subject. Before the votes...
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Gold Dips- Jobless Claims Down
Analysts had expected an increase in jobless claims but the number of Americans filing for unemployment benefits fell to its lowest level since January 2008. This is the second straight week of...
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Debt-to-GDP and Misdiagnosing a Bubble Economy’s Ills. Guest Post by Tim Iacono
A few economists seem to be catching on, but not nearly enough… About a year ago, St. Louis Fed President James Bullard wondered whether too much faith was being placed in what models say economic...
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