Precious Metals

Wall Street recovered from a 300 point drop last night as fear began to subside slightly in Europe. Dow down 100. (Locked for subscribers until 10:00 AEDT)

A glance through the latest expert views and predictions about commodities with updates to commodity price forecasts, views on copper, nickel, platinum and oil and a look at Europe’s influence on demand and valuation measures.

Wall Street may have been closed last night but that didn’t prevent big falls in European markets. Germany down 5%.

Cables obtained by Wikileaks have revealed China’s intentions with regard to gold and the world’s reserve currency.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Central banks across the globe are looking to to diversify away from the dodgy greenback.

A better than expected PMI result, undermining QE3 hopes, sent Wall Street south last night. Dow down 119.

Barclays Capital has analysed seasonal trends for September.

PFP Wealth Management’s Tim Price reviews the book ‘Extreme Money – Masters of the Universe and the Cult of Risk’, which suggests the world needs reduce debt and shrink the financial part of the economy.

Wall Street finished down 5.7% for the month although the Dow has closed in the black for 2011. Dow up 53 last night.