Precious Metals

When the Dow rallied 936 points in October 13 it fell 76 points on October 14. After an 889 point rally on Tuesday the Dow fell 74 points last night. The Fed delivered a 50 point cut as expected.

Quarterly gold production may have hit a record for Lihir but lingering costs leave brokers underwhelmed.

For the second time this month Wall Street has provided a spectacular rally, with the Dow rising almost 900 points in the session.

The Dow fell 200 points – all in the last ten minutes – as buyers remained tentative. Base metals, however, put in some extraordinary reversals.

The Dow closed down 300 points on Friday, once again rallying 200 points from its lows. Wall Street has nevertheless been left wondering what might have been.

Mining stocks are falling and gold prices are coming back off again, but barely better than expected results from Newcrest has the brokers yelling Buy.

The Dow closed up 172 points in a late buying rush after in yet another volatile session.

As conditions continue to weaken brokers are continuing to reduce their commodity price forecasts.

The Dow fell 500 points last night as withdrawals from emerging markets become the latest snowball.

The Dow put on another 400 points.