Precious Metals

Guest commentator John Browne of Euro Pacific Capital sees scope for gold to continue to gain even if stock markets experience a steep fall.

A strong euro, soaring commodity prices and solid US earnings results. Bring on the risk trade. Gold at 1500. The Aussie at 1.07. Dow up 186.

Ahead of the Herd’s Rick Mills suggests the US Government budget deficit and the fact it is buying its own debt will prove to be more inflationary in the future, which is a positive for gold and silver.

A bounce in commodity prices and some well received earnings reports saw Wall Street recover further from Monday’s initial sell-off last night. Dow up 65.

A glance through the latest expert views and predictions about commodities, with higher coking coal forecasts, investors prefering direct exposure to precious metals and support for copper and uranium prices.

S&P last night put the US on negative credit watch, sparking a widespread sell-off. Dow down 140.

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

Silver’s price performance has been nothing short of stunning, but analysis by ATW’s Jerry Simmons suggests a brick-wall of resistance is looming. And the same seems to apply to the euro.

Accusations against Goldman Sachs, a rise in jobless claims and a jump in inflation sent Wall Street down early before grafting back. Dow up 14.

A glance through the latest expert views and predictions about commodities with reasons to remain positive on uranium demand, some caution on silver and copper prices and UBS reviewing some forecasts.