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Stocks faded modestly on Monday, on mixed trade. All five major indices closed in the red yesterday. The small-cap Russell 2000 saw the most weakness, as it fell 0.6%. The S&P MidCap 400 lost 0.5%, while both the Nasdaq and the DJIA faded 0.4%. The S&P 500 Read more…
Stocks rallied sharply in the last half hour of the session, to stave off what could have been a second consecutive day of distribution. The late day rally was strong enough for stocks to end the session mixed. The NYSE added 0.2%, while the S&P 500 closed flat Read more…
Dominique de Kevelioc de Bailleul: Right now silver bugs need to view the following scene from The Godfather (1972) when Johnny (Frank Sinatra?) goes to see the Godfather for help breaking into the entertainment business. Read more…
Deborah Baratz: After the U.S. Federal Reserve‘s announcement last week that it would keep doing Operation Twist, silver prices dropped 4% the following day. Read more…
Adrian Ash: Wholesale Prices to buy gold ticked back above $1570 per ounce in London trade Thursday lunchtime, but held onto a 0.5% loss for the session as stock markets fell ahead of today’s Euro crisis summit in Brussels – the 12th such meeting in 12 months. Read more…
Chris Vermeulen: Gold and silver have taken more of a back seat over the past 12 months because of their lack of performance after topping out in 2011. Since then prices have been trading sideways/lower with declining volume. The price action is actually Read more…
Kevin McElroy: In New York huge lots of commodities get traded every day on the COMEX (Commodity Exchange) between market makers, speculators, producers and consumers. Read more…
Diane Alter: Silver prices dipped last week after U.S. Federal Reserve Chairman Ben Bernanke failed to confirm that more economic stimulus is on the way. Silver prices hovered below $29 an ounce Friday. Read more…
Stocks moved higher yesterday, but trade was light. All five major exchanges closed in positive territory, with the S&P MidCap 400 leading the way. The midcap index climbed a solid 1.3% yesterday. The small-cap Russell 2000 finished a close second, as it tacked Read more…
Deborah Baratz: Silver prices got a boost yesterday (Wednesday), giving brief relief to their three-month downtrend. The white metal rose on short covering and bargain hunting purchases. As gold touched on a new low for the year before rebounding Read more…
Jared Cummans: Commodity investing has surged in recent years, as investors have discovered the diversification benefits associated with low-correlated hard asset exposure in their portfolios. But with commodity investing also come the dangers of contango, as a number of traders fall prey Read more…
NYSE:DGAZ, NYSE:GASZ, NYSE:SCO, NYSE:UNG, NYSE:USO, NYSE:ZSL
Jeff Nielson: In Part I, readers were presented with a list of the three trends which overwhelm all other factors and fundamentals in the gold and silver markets. The first and most dominant trend – the grossly excessive printing of (worthless) paper currencies – was explained to readers in detail. Read more…
Larry D. Spears: As last week’s Money Morning special report pointed out, the long-term fundamentals for silver prices are decidedly bullish. However, in today’s volatile market, picking the right time to buy silver is something of a Read more…
Dominique de Kevelioc de Bailleul: The silver price has dropped to such low levels that, a year from now, traders will wonder why they didn’t buy some at such great prices. And if the price isn’t much higher a year from now, it must have been that politicians Read more…
Stocks closed mixed yesterday and well off session highs. Trade was also mixed. The S&P MidCap 400 showed the most resiliency, as it posted a 0.2% gain. The S&P 500 ended fractionally higher, while the Dow Jones Industrial Average closed fractionally lower. Read more…
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