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Blue Gold Raga
China's falling equity index once again set the pace for overnight market developments around the rest of the world. Apprehensions about contracting credit and the realization that bullish speculative sentiment has been way out in front of economic realities dented the Shanghai Composite by nearly 7... (Aug 31, 2009 8:50AM)
W(h)ither Hindustan?
t first glance, Friday appeared to be once again shaping up as an oil-driven kind of day in the precious metals pits. Gains of from half to three-quarters of a dollar in black gold were initially seen sustaining incremental speculative buying of gold as well as silver. (Aug 28, 2009 4:08PM)
Greener Shoots
Friday appears to be shaping up as an oil-driven kind of day in the precious metals pits. Gains of from half to three-quarters of a dollar in black gold were seen sustaining incremental speculative buying of gold as well as silver. (Aug 28, 2009 9:15AM)
I Need More Dilithium Crystals, Captain!
Markets were seen gearing up for data day this Thursday, although the recent string of good news may suffer a setback if pre-release punditry surrounding US GDP numbers proves to be correct. (Aug 27, 2009 4:47PM)
Thursday 08.27.09 Kitcommentary from Kitco Metals Inc. - closing update - " I Need More Dilithium Crystals, Captain!"
Markets were seen gearing up for data day this Thursday, although the recent string of good news may suffer a setback if pre-release punditry surrounding US GDP numbers proves to be correct. A survey of 75 economists reveals that they reckon that the US economy probably shrank at a 1.5% rate in Q2 a... (Aug 27, 2009 4:37PM)
Thursday 08.27.09 Kitcommentary from Kitco Metals Inc. - morning update - " Hedge Trimmers "
Markets were seen gearing up for data day this Thursday, although the recent string of good news may suffer a setback if pre-release punditry surrounding US GDP numbers proves to be correct. A survey of 75 economist reveals that they reckon that the US economy probably shrank at a 1.5% rate in Q2 as... (Aug 27, 2009 9:05AM)
I See...A Lot More Gold
Volatility continued to buffet markets overnight and was most visible in the oil pits, where the commodity fell another 3% after having broken its apparently unstoppable momentum. (Aug 26, 2009 5:00PM)
Wednesday 08.26.09 Kitcommentary from Kitco Metals Inc. -morning update- " Curb Your Construction Enthusiasm "
Volatility continued to buffet markets overnight and was most visible in the oil pits, where the commodity fell another 3% after having broken its apparently unstoppable momentum. A rise to $75 per barrel was quickly reversed once apprehensions about on-going demand surfaced yesterday. US inventory ... (Aug 26, 2009 9:52AM)
Curb Your Construction Enthusiasm
Volatility continued to buffet markets overnight and was most visible in the oil pits, where the commodity fell another 3% after having broken its apparently unstoppable momentum. A rise to $75 per barrel was quickly reversed once apprehensions about on-going demand surfaced yesterday. US inventory ... (Aug 26, 2009 9:28AM)
Tuesday 08.25.09 Kitcommentary from Kitco Metals Inc. - closing update - " Injectio Interruptus "
Despite Chinese Permier Wen's remarks intended to keep the idea of lending cuts on the back burner, the Shanghai market lost nearly 5% and then settled for a 2.6% loss overnight, as worried investors opted to get ahead of such an eventual clampdown on hitherto...liberal funding. Their choice to sell... (Aug 25, 2009 6:13PM)
Injectio Interruptus-closing update
Despite Chinese Permier Wen's remarks intended to keep the idea of lending cuts on the back burner, the Shanghai market lost nearly 5% and then settled for a 2.6% loss overnight, as worried investors opted to get ahead of such an eventual clampdown on hitherto...liberal funding. (Aug 25, 2009 2:24PM)
Injectio Interruptus
Despite Chinese Permier Wen's remarks intended to keep the idea of lending cuts on the back burner, the Shanghai market lost nearly 5% and then settled for a 2.6% loss overnight, as worried investors opted to get ahead of such an eventual clampdown on hitherto...liberal funding. (Aug 25, 2009 9:00AM)
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