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Gold today: New York closed Friday at $1,254.30.London opened at $1,254.00 today. Overall the dollar was weaker against global currencies, early today. Before London’s opening: The GBP/USD was...
Oil Traders Focus On St Petersburg Meeting Oil traders have only one thing on their mind- meeting between six OPEC and non OPEC ministers in St Petersburg. Hopes were high that perhaps they get some...
Increase in the world supply of riceChina is selling rice reserves of the 2013 harvest from its state reserves. Will the rice prices fall?On Wednesday, July 19, 2017, the Chinese National Grain Trade...
Natural Gas futures price movement since the opening on first trading session seems ready to move upward tonight.Have a nice trading time.
Mirroring view favors the bearish scenario on NG Original post
Double top on the 5-hourly Crude chart Original post
We refresh our view on Cairn Energy Plc (LON:CNE), focusing on key areas of interest for investors already familiar with the company. We examine a number of valuation approaches for SNE in Senegal,...
It is hard to be bullish on Oil and believe in all those cuts and OPEC agreements if some countries actually increase the production. It is hard to be a buyer there when non-OPEC countries increase...
Tom Beck, founder of Portfolio Wealth Global, explains why he believes market forces are aligning for a powerful gold trend.Not since launching Portfolio Wealth Global in June of 2016 have I been...
Lior Gantz, founder of Wealth Research Group, believes that fundamentals for precious metals have been confirmed and expects a major rally.I hate false breakouts. They disgust me, and the entire...
Gold finished the week with its biggest weekly gain in two months on Friday. August gold futures settled 1254.9, up $27.10 for the week. September silver settled 1645.5 up .52 cents for the week. The...
There will be no equivocating, fence sitting or any kind of hedging or expression of doubt in what is written in this update. Let me be absolutely clear: - we are now at the threshold of a barnburner...
We discuss the soft commodities in this video focusing on cotton, orange juice , coffee, sugar, cocoa and lumber markets. Food inflation starting to tick up the last couple of months.Every dog has its...
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to...
Oil tanked on Friday ahead of an OPEC meeting today, but perversely Venezuela may end up doing what OPEC can’t.Crude oil prices ran into a brick wall on Friday night with both contracts falling...