Recent violent moves in physical gold and silver can be attributed to options market-makers desperately trying to hedge.
A strong retail sales result had Wall Street in buying mode last night but the sellers won out in the end. Dow up 9.
A glance through the latest expert views and predictions about commodities, with reasons for optimism with respect to commodity prices but some cause for caution on silver.
BTIG market strategist Mike O’Rourke believes investors had become a bit too excited about QE2.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street reversed a sharp opening loss in lockstep with a reversing US dollar last night ahead of the G20. Dow up 9.
A glance through the latest expert views and predictions about commodities with potential impacts from commodity index fund re-weightings, Citi looking at how miners will use excess cash and UBS suggesting iron ore could stay stronger for longer.
PFP Wealth’s Tim Price aint buying the Fed’s deception. He is forecasting some serious problems ahead.
A late notice from the CME that metals margins would be increased turned gold and silver around big time last night. Dow down 60.
A glance through the latest expert views and predictions about commodities with both Macquarie and RBS Australia lifting resource exposure in model portfolios, Citi revising its coal estimates and reasons why copper, gold and aluminium could find support.