Search Results for: Gold Prices
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
Another week, another improvement in Gold’s prospects
August 6th, 2018
The past few months have added some cred to the “sell in May and go away” rule of thumb for precious metals, as gold’s price action has been both boring and depressing. It’s now close to its 12-month low, ...
Valuing Gold In A World Awash With Dollars
July 27th, 2018
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed ...
Gold and silver futures action turning positive
July 23rd, 2018
After a brutal few weeks in precious metals, you’d expect trend-following speculators to be heading for the exits. And the most recent gold and silver futures action — aka the commitment of traders (COT) report — shows exactly that. ...
Things Are Lining Up Nicely For Gold And Silver
July 4th, 2018
Beginning in early Spring, gold and silver faced two serious headwinds: Seasonality – that is, the annual decline in bullion demand from China and India once wedding season ends – and the internal structure of the futures markets, where ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...
Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone”
May 22nd, 2018
Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising spread indicating higher prices in the future, ...
Goldman Sachs to pay $54.75 Million for unsound conduct in its Forex business
May 16th, 2018
The New York State Department of Financial Services (DFS) has issued a statement early this month to inform that Goldman Sachs fined $54.75 Million for unsafe and unsound conduct in its Foreign Exchange trading business. Goldman Traders Improperly Shared Customer ...
Goldman Sachs plans to trade bitcoin futures contracts
May 4th, 2018
Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks ...
Economics 101: Who Sets Prices?
April 26th, 2018
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services ...
