Jon Nadler

Senior Metals Market Analyst

Sex Sells

Yet another day where the operative word became 'make the money and run' in gold. Bullion prices gave up a near $20 gain and fell back from $845 to near $825 after oil prices reversed course and headed down to $114 (later back to near $116) as energy traders revalued the threat posed by Hu... (Aug 28, 2008 5:26PM)

Uneasy Big Easy

Hurricane Gustav-driven fears propelled crude oil to near $120 per barrel as the prospects of a 1.2 million barrel per day loss in production loomed over the market. This developing situation was not lost on gold as it turned higher and recaptured its 1.5% gain that proved unsuccessful yesterday. (Aug 28, 2008 2:27PM)

Riders On The Storm...

Gold gave up a promising early morning gain of 1.5% and pared it to only 0.25% by the early afternoon, despite a continuing (albeit not as large) rise in crude oil, and despite the still slipping dollar. For the third day, although recording small gains on the sessions, gold remains characterized b... (Aug 27, 2008 3:24PM)

Today's Forecast: Variable-to-Stormy

Shifting winds of various types created an amalgam of background conditions that pushed gold prices higher and the dollar lower overnight. Hurricane Gustav's winds were still unpredictable as regards their ultimate destination, but were of sufficient concern to raise oil prices back above $117 ... (Aug 27, 2008 3:18PM)

Obamanomics 101: Vox Populi

Well, gold tired to go into two directions at once today. Make that, three. First, the gold price break we had alluded in yesterday's article, materialized overnight and early this morning, and its primary catalyst came from Germany. Business confidence in the Eurozone's vital driver fell ... (Aug 26, 2008 4:54PM)

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)

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)

Thus Spake Bernanke. Messages from the Hole.

Gold prices fell during this winning week's final session, reaching lows of near $823 as participants continued to ponder whether the 5% rally from last Friday's 775 lows was real or just virtual reality. The yellow metal has repaired on third of the damage it sustained since the $910 high... (Aug 22, 2008 2:32PM)

Look Who's Talking. Practically Everyone.

Commodities found a bright patch of sunshine in the midst of today's storm of financial news and related fears. In fact, they had quite a party, if one just briefly glances at the Kitcometals.com page base metals price tickers. The industrial metals recorded gains of anywhere from 3 to 8 percen... (Aug 21, 2008 6:44PM)

The Jim and Marc Show

Gold prices found their old ally -credit jitters- overnight and had a happy reunion as the dollar lost .49 on the index to drop to 76.49 on those jitters. The parade of names on investors' minds is quite familiar: F & F, Lehman, Goldman, Morgan. The issues, the same. How much will be written of... (Aug 21, 2008 9:36AM)

Down or Up or Both? - Take Your Pick.

After having tested both ends of the support/resistance channel for the day (from $800 to $820) gold prices retreated to the middle of the range at $810 and had a rather lackluster afternoon session. The euro skidded towards its lowest value against the dollar in nearly half a year as apprehensions ... (Aug 20, 2008 6:21PM)