Dollar and Yen Weakness may Persist, Aussie Poised for Bounce

The British pound was the only major currency to have gained against the US dollar over the past month.  Its 2% gain helped it finish November at its highest level since August 2011. The dollar rose against the other majors, with its 4.1% rise aga… [...]

Late-Day Dump Not Enough To Spoil S&P 500′s Best Run Since Jan 2004; Up 8 Weeks-In-A-Row

Despite a significant tumble into the close ($3.25bn notional sold in last 4 seconds of S&P futures); for the first time since January 2004, the S&P 500 has risen for eight straight weeks. Trannies are still leading off the debt-ceiling-debacle… [...]

"Is This The Right Time To Get Into Gold?"

Today’s AM fix was USD 1,245.25, EUR 915.29 and GBP 763.07 per ounce.Yesterday’s AM fix was USD 1,241.75, EUR 913.12 and GBP 760.46 per ounce. Yesterday the markets were closed in the U.S. for the Thanksgiving national holiday.The closing fix in L… [...]

No Red Futures On Black Friday

A hungover America slowly wakes up from a day of society-mandated consumption and purchasing excess to engage in even more Fed-mandated excess in the equity markets. The only difference is that while the “90%” was engaged in the former and depleting th… [...]

Venezuela Denies Goldman’s Gold Deal As Inflation Tops 54%

Today’s AM fix was USD 1,241.75, EUR 913.11 and GBP 760.45 per ounce. Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $4.10 or 0.33% yesterday, closing at $1,236.33/oz. Silver slid $0.17 or 0.86% closing at $19.6… [...]

“Wave Of Disaster” Threatens U.S. Mortgage Market

Today’s AM fix was USD 1,250.75, EUR 919.80 and GBP 767.99 per ounce.Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $6.70 or 0.54% yesterday, closing at $1,242.10/oz. Silver slid $0.17 or 0.85% closing at $19.85… [...]

“Wave Of Disaster” Threatens U.S. Mortgage Market

Today’s AM fix was USD 1,250.75, EUR 919.80 and GBP 767.99 per ounce.Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce. Gold fell $6.70 or 0.54% yesterday, closing at $1,242.10/oz. Silver slid $0.17 or 0.85% closing at $19.85… [...]

Yen Carry Lifts Risk Around The Globe In Quiet Overnight Trade

In a carry-trade driven world in which news and fundamentals no longer matter, the only relevant “variable” is whether the JPY is down (check) and the EUR is up (check) which always results in green equities around the globe and green futures in the US… [...]

China Gold Rush Continues – World’s Largest Jeweller Sees 49% Jump In Sales

Today’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce.Yesterday’s AM fix was USD 1,231.75, EUR 911.60 and GBP 760.57 per ounce. Download: How To Store Gold Bullion – The Seven Key Must Haves Gold rose $5.60 or 0.45% yesterday, c… [...]

"We’ve Been Conditioned Over The Years To Trust Paper Money"

Today’s AM fix was USD 1,231.75, EUR 911.60 and GBP 760.57 per ounce.Friday’s AM fix was USD 1,241.75, EUR 918.59 and GBP 766.75 per ounce Download our eBook: 10 Important Points To Consider Before You Buy Gold Gold remained unchanged Friday, closi… [...]