Most Popular Global Markets

Natural Gas Weekly Update - October 8

Natural gas spot prices in the Lower 48 States this report week declined to their lowest levels this year even as disruptions in offshore Gulf of Mexico production continue in the aftermath of Hurricanes Ike and Gustav. During the report week, the Henry Hub spot price decreased $0.83 per million Btu (MMBtu) to $6.58.

Silver – What’s Left?

The silver market can be divided into several sub categories, such as collectible silver, which might include some silverware or fine jewelry items or certain period silver from silversmiths both modern and ancient.

Wanted: Rabbit-Proof Fence

Global markets continued to go totally haywire all day long, as confidence became harder to find than Waldo himself. As a result, lemmings. headless chickens, and rabbits galore made for the exit doors en masse today. Despite the televised address they got from a lame duck. Bulls or bears were invisible. Pigs were at some spa in California. Vultures circled overhead.

Stocks end worst week mixed after wild session

Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance. Investors were still agonizing over frozen credit markets, but seven days of massive losses and the possibility of further government support for the markets tempted some investors late in the session.

Fear Factor

The global credit blaze raged on overnight despite signs that additional central banks joined the worldwide rate cut campaign. The intense heat melted Iceland - its banks, stock market, and currency dissolved into a sorry-looking puddle. The financial ramifications of the collapse raised tensions with the UK as it prepared to sue Iceland over lost depositors' savings.

It's Just Another Manic Monday

The new week got off to a mixed start following Friday's price demolition derby in precious and base metals. With Japan, Canada, and portions of the US system out on holiday, trading might be thinner and choppier than normal - whatever 'normal' may mean anymore...

Great Depression or Great Opportunity?

The talking heads say this is the worst financial crisis since the Great Depression (1929-1932), and I wouldn’t disagree. Will it lead into another Great Depression, or is the market so oversold and fearful now that it’s at--or near--the bottom? Is this a phenomenal opportunity to pick up cheap assets? Or is it more prudent to sell out now to preserve what cash you have left?

Gold Investments Market Update

While gold has again surged on safe haven buying overnight (and is up since 20% since the financial and economic crisis deepened), there is increasing surprise that gold has not surged to its recent record highs especially as there are deepening shortages of retail bullion internationally and the gold holdings of gold ETFs continue to surge.

The End of The Beginning

A slew of injections that would put this season's flu vaccination centres to shame continued around the world. Various banks were force-fed fresh capital whether they wanted/needed it or not. The process of shoring up and laying a new foundation for the badly damaged global financial system was well under way, just two days after the summit of national leaders finally resulted in the recogni...

Manic Monday: Dow roars back from worst week ever

Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday, catapulting the Dow Jones industrials to a 936-point gain and finally offering relief from eight consecutive days of stock market carnage.