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13. March 2012 by Jim Sutliff.
Gold continued to slide and fell to the lowest level since January 25th. Traders weighed Federal Reserve statements on the economy and gold fell almost 2 percent. Gold traded near $1,670 an ounce and continued to decline in electronic trading.
To read a related Bloomberg article, please click here:
James Sutliff
Posted in Trading, Federal Reserve, Treasury, Interest Rates, Options & Futures, General, Investments, Metals, Economic News | No Comments »
28. February 2012 by Jim Sutliff.
Gold hit a three month high rising $13.50 and settled at $1,788.40 an ounce. Silver also rallied to settle at $37.14 an ounce which was an increase of 4.6%. In addition, copper and platinum increased with copper rising .8% to $3.91 a pound and platinum gaining 2.1%.
To read a related Wall Street article, please click here:
James Sutliff
Posted in Trading, Euro, Metals, Investments, Economic News, General, Currency | No Comments »
21. February 2012 by Jim Sutliff.
Gold prices rose to over $1,755 an ounce after European Union finance ministers agreed to another Greek bailout. The second Greek bailout provided by the Euro zone is approximately $172 billion. In Tuesday trading, gold hit the highest mark since February 3rd. Silver also traded higher and rose to $34.13 an ounce.
To read a related Reuters article, please click here:
http://www.reuters.com/article/2012/02/21/us-markets-precious-idUSTRE80T1QZ20120221
James Sutliff
Posted in Metals, Options & Futures, Trading, Investments, General, Bonds, Economic News, Banking | No Comments »
8. January 2012 by Jim Sutliff.
Natural gas rose slightly at the end of the week and closed at $3.062. Forecasts of colder weather countered inventory reports which had sent natural gas prices lower. Colder weather is expected in the Northeast for January 16th through the 20th. Warmer than normal winter weather has put pressure of natural gas and oil prices this season.
To read a related Bloomberg article, please click here:
James Sutliff
Posted in Oil, Options & Futures, Trading, Natural Gas, Metals, General, Investments, Economic News | No Comments »
2. January 2012 by Jim Sutliff.
Silver started off the new year by gaining two percent in trading on Tuesday. Silver dropped almost 10 percent in 2011. Gold also rose slightly and settled up .4 percent at $1,573.70. Gold finished up 10 percent for 2011.
To read a related Reuters article, please click here:
http://www.reuters.com/article/2012/01/03/us-markets-precious-idUSTRE7AK1M520120103
Jim Sutliff
Posted in Trading, Options & Futures, Metals, Investments, General | No Comments »
4. November 2011 by Jim Sutliff.
Gold broke the $1,760 an ounce mark in trading this week. The precious metal rose on the possibility of slower domestic economic growth and another round of monetary stimulus. Recently, Federal Reserve Chairman Ben Bernanke indicated that additional monetary stimulus may be in the works to lower unemployment. The lingering European debt crisis is also increasing demand for gold.
To read a related Bloomberg article, please click here:
James Sutliff
Posted in Interest Rates, Stocks, Regulatory, Trading, Federal Reserve, Euro, Treasury, Options & Futures, Metals, Currency, Bonds, Economic News, General, Investments, Hedge Funds, Banking | No Comments »
17. October 2011 by Jim Sutliff.
The Euro declined in trading after a spokesman for German Chancellor Angela Merkel indicated that the debt crisis would not be resolved in the next few weeks. The news also sent crude oil and gold prices lower in trading on Monday.
To read a related Wall Street Journal article, please click here:
http://online.wsj.com/article/BT-CO-20111017-711244.html
James Sutliff
Posted in Options & Futures, Oil, Stocks, Trading, Euro, Earnings, Metals, Investments, Bonds, Banking, Currency, Economic News, General, Uncategorized | No Comments »
25. September 2011 by Jim Sutliff.
Gold prices tumbled at the end of the week falling almost 10% in the last three trading sessions. Gold fell $101.90 on Friday and settled at $1,639.80 an ounce. Global economic conditions have led traders to consider the possibility of deflationary conditions. Generally, gold investments do not perform well in deflationary environments. This marked the sharpest decline in gold prices since 1980.
To read a related CNN Money article, please click here:
http://money.cnn.com/2011/09/23/markets/gold_prices/index.htm?iid=HP_LN
James Sutliff
Posted in Trading, Earnings, Metals, Investments, Economic News, General, Banking | No Comments »
23. September 2011 by Jim Sutliff.
Commodities continued to drop and the Standard & Poor’s GSCI Index hit a 9 month low. In afternoon trading, the GSCI Index fell to 594.12 which is the lowest level since early December 2009. Metals were hit hard with silver, gold, copper, and nickel all falling. Gold was trading below $1,700 an ounce and was down almost 5%. Crude oil also declined and fell to $77.55 a barrel before rebounding to just under $80. Global recessionary concerns are weighing on investors as well as the European debt crisis.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2011-09-23/commodities-poised-for-worst-week-in-4-months.html
Jim Sutliff
Posted in Stocks, Options & Futures, Trading, Federal Reserve, Treasury, Oil, Natural Gas, Gasoline, Economic News, General, Investments, Metals, Banking | No Comments »
22. August 2011 by Jim Sutliff.
Gold reached the $1,900 an ounce mark in trading Monday afternoon. The price of Gold was only $1,800 an ounce two weeks ago. Gold may continue to rise as global recessionary concerns rise. The increase in gold prices over the last ten years has easily outpaced the rate of inflation.
To read a related CNN Money article, please click here:
http://money.cnn.com/2011/08/22/markets/gold_prices/index.htm?iid=HP_LN
James Sutliff
Posted in Options & Futures, Trading, Metals, Investments, Economic News, General, Banking | No Comments »
20. August 2011 by Jim Sutliff.
Stocks continued to decline at the end of the week but commodities started to rebound. Growth projections for developing countries increased demand for raw materials. Commodities advancing at the end of the trading week were silver, cooper, gold, and gasoline. Gold finished the week at over $1,850 an ounce.
To read a related Bloomberg article, please click here:
Jim Sutliff
Posted in Oil, Options & Futures, Stocks, Trading, Natural Gas, Metals, Economic News, Gasoline, General, Investments, Banking | No Comments »
12. August 2011 by Jim Sutliff.
The Dow Jones finished up 125 points on Friday but was still down 1.5% for the week. Trading was very volatile all week with the Dow Jones moving 400 or more points on four consecutive days. Gold touched $1,800 an ounce and crude oil bounced back from hitting almost $80 a barrel.
To read a related Associated Press article, please click here:
Jim Sutliff
Posted in Stocks, Options & Futures, Interest Rates, Trading, Treasury, Earnings, Oil, Metals, Currency, Bonds, Economic News, General, Investments, Banking | No Comments »
8. August 2011 by Jim Sutliff.
The Dow Jones Industrial Average fell over 600 points in trading on Monday. The downgrade of U.S. debt and concerns for the global economy continued to drive the market lower throughout the day. Crude oil also fell in trading and finished the day near $80 a barrel. Gold finished higher on the day and increased to over $1,700 an ounce.
To read a related Bloomberg article, please click here:
James Sutliff
Posted in Stocks, Regulatory, Interest Rates, Trading, Treasury, Earnings, Options & Futures, Oil, Currency, Bonds, Economic News, General, Metals, Investments, Banking | No Comments »
6. July 2011 by Jim Sutliff.
Gold hit a two week high in trading and closed at $1,529.20 an ounce. September silver also rallied to close at almost $36 an ounce. The debt crisis in Europe and the debt concerns in the U.S. are reasons for the rise in gold prices. The usual trend for Gold prices is that they tend to soften in trading from July to September.
To read a related MarketWatch article, please click here:
Jim Sutliff
Posted in Trading, Options & Futures, Metals, General, Economic News | No Comments »
11. June 2011 by Jim Sutliff.
A recent MarketWatch article on investing tips for alternative assets discussed viewpoints of money managers. Money managers at a MarketWatch conference stated that emerging markets will lead to further growth in commodities. The market demand for products will cause the demand for raw materials to increase and will drive up the cost of gold, silver and other materials.
To read the MarketWatch article. please click here:
http://www.marketwatch.com/story/digging-for-value-in-gold-silver-commodities-2011-05-10
James Sutliff
Posted in Infrastructure, Investments, Metals, Oil, General, Gasoline, Bonds, Currency, Economic News, Banking | No Comments »