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In 2014, US construction showed a productive increase of 290,000 construction jobs, according to Gilbane Construction Co.’s Fall 2014/Winter 2015 Construction Economics report. Construction...
Gold prices rallied on Tuesday approaching $1,300 an ounce supported by the growing demand as a safe haven, while the International Monetary Fund (IMF) cut its global growth forecast. The Chinese...
Crude oil tested the significant support 46.40 and holding above it is required to keep the bullish expectations intraday, waiting to achieve the targets mainly at 49.05 and extends to 51.70. Linear...
Silver prices are gradually moving to the upside, and yesterday's bullishness took the prices above 50% correction at 17.93 as showing on graph, and trading above it is positive and could take the...
The upside move extended and gold is trading above the psychological barrier 1300.00 now, and above 76.4% and 78.6% correction represented in 1294.65 - 1299.35 respectively. Holding above 1294.65...
It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular dropped seven cents and Premium eight. Regular is at its...
Near the beginning of every year, we update and publish what can safely be called our most popular piece: the Periodic Table of Commodities Returns. Below are the latest year-end results, which show...
It was a week where oil prices rebounded from their 6-year lows and natural gas rallied too. On the news front, Schlumberger Ltd. (NYSE:SLB - Analyst Report) kicked off the earnings season with a...
There is an interesting piece on palladium on Bloomberg entitled, “Palladium is a Metal Rarer Than Gold. Now It’s Even More Rare, Thanks to Cheap Oil”. The article makes some logical...
While I predicted a huge rally in gold would usher in the new year of 2015 in a spectacular way, the top bank economists have failed again.Most of them predicted, “No rally for gold!”...
I like to think of myself as a creative, independent thinker. Of course I’d also like to think of myself as handsome, charming and witty and look how that’s worked out. But I digress....
Gold has posted gains on Tuesday, with a spot price of $1289.71 per ounce in the European session. The metal is now trading at its highest level since August. On the release front, it’s a quiet...
Gold hit a price low of approximately $1,140 in early November 2014. Since then it has rallied dramatically, possibly because of global fears about the financial system, the Swiss National Bank...
CommentariesAfter a correction that has lasted several weeks, energy prices are finally showing some signs of stabilizing, with the price of WTI rising slightly at the end of last week. Prices rose...