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Commentaries Archives

Vilkommen to Mein Laboratory!

The gold price break we alluded to as potentially developing on Monday, materialized overnight and its catalyst came from Germany. Business confidence in the Eurozone's vital driver fell sharply this month and took the common currency to a six-month low with it. Aug 26, 2008 11:32AM

Gold Investments Market Update - "End of the Current International Financial System''

Gold finished trading in New York on Friday at $819.30, down $7.60 and silver was down 14 cents to $13.36. Gold and silver traded sideways in Asian trading prior to a sell off in early European trading this morning. Gold is trading at $811.30/811.70 per ounce (1030 GMT). Aug 26, 2008 5:55AM

Of (gold's) Price and (various) Men

Gold, oil, and the dollar remained largely dormant throughout the session and the musical chairs will switch for next Monday, as the US takes a holiday in lieu of the UK which was absent from the market today. The same cannot be said about the Dow, which took financial world woes and ran to the down... Aug 25, 2008 5:33PM

Metals ETFs - The Achilles Heel?

Bullion prices were stuck in a tight range as the new week got underway overseas. Last night's price channel was less than $10 wide as gold meandered between $818 and $826 and as participants kept an eye on the dollar near 77 on the index and on a marginally higher crude oil value following las... Aug 25, 2008 10:49AM

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