Most Popular

Silver Fallacies

I recently read an "advotorial" suggesting silver to be a fantastic investment, and I could not agree more. However, the author was stating that all short positions have to eventually be covered with physical silver and that when this took place there would be a price explosion.

Citigroup says long-term gold price could double or even triple

Citigroup suggests that inflation and the fabrication outlook favor gold.

Pluses and minuses for uranium prices

Latest reports from the two main uranium pricing organisations offer a glimmer of hope for uranium juniors after months of gloom which has seen the spot price collapse from $135 a pound down to below $60 a pound.

Brace for oil beyond $150

Oil's meteoric rise has distressed consumers but the stark reality is prices are likely to rise higher

Europe automakers changing gears

Surging fuel and raw material prices are putting earnings at risk

USDCHF rebounded from 1.0111

Being contained by the support of the price channel, USDCHF rebounded from 1.0111. The pair might be forming a cycle bottom on daily chart. Further rise to test 1.0539 previous high resistance is still possible in next several days, a break of this level will confirm the cycle bottom and signal resumption of long term up trend.

Rejuvenation of spot uranium price predicted for 2H 2008

Haywood Securities says uranium demand will "manifest as a technology-driven nuclear renaissance across a growing number of countries for generations to come."

ECB to Mr. Paulson: Look, this is how it's done!

Overnight action in gold was fairly subdued as participants decided to wait the ECB decision out and did not opt to take on significant positions ahead of the long weekend coming up. New York spot bullion opened mildly on the

Volatile Trading Leads to Mixed Day for the Dollar

The EUR/USD closed slightly higher in a volatile trading day on Tuesday. Early session action had the Euro trading mixed as Euro Zone Retail trading came out better than expected, but a purchasing managers report was weaker. A sell-off in European stocks triggered some short covering, but a U.S. manufacturing report showed activity expanded unexpectedly, making the Dollar stronger.

SIVs, next shoe to drop in global credit crisis?

Wall Street should keep its eye on a little-known coterie of investment companies run by European banks called "structured investment vehicles," or SIVs, which are having a tough time raising short-term funding.