By Benjamin Parkin and David Hodari Gold prices fell to the lowest point this year as signs of a stronger economy pushed the U.S. dollar higher. June-dated gold contracts fell 1.8% to $1,294 a troy ounce at the Comex division of the New York Mercantile Exchange, trading at the lowest point since late December. Prices for the precious metal have traded between around $1,365 to $1,300 for most of...Read More
No, Amazon.com Inc. (NYSE: AMZN) doesn't want to build a million brick-and-mortar grocery stores.And no, Jeff Bezos isn't trying to trick you into paying more than you intended, either.To set the record straight, Money Morning Technical Trading Strategist D.R. Barton, Jr., appeared on FOX Business Network's "Varney & Co." today to explain the real reason that Amazon is building "cashier-less"...Read More
Peter KrauthAfter putting in a distinct bottom early last week, silver has staged a roaring comeback.From Tuesday's low to Friday's high, silver was up 3% over just three days. Today (Tuesday, May 15), silver prices are hovering near $16.30 per ounce.The markets powered higher last week as the dollar headed south. That was enough to help push silver prices higher, as investors recognized its relat...Read More
By David Hodari and Amrith Ramkumar Copper prices inched lower Monday, as traders weighed an increase in London Metal Exchange inventories and trade discussions between the U.S. and China. Front-month copper for May delivery declined 0.5% to $3.0785 a pound on the Comex division of the New York Mercantile Exchange. Prices have fallen 6.1% this year after hitting a roughly four-year high in late...Read More
By David Hodari and Amrith Ramkumar Copper prices inched lower Monday, as traders weighed an increase in London Metal Exchange inventories and trade discussions between the U.S. and China. Copper for July delivery declined 0.3% to $3.1025 a pound on the Comex division of the New York Mercantile Exchange. Prices have fallen about 6% this year after hitting a roughly four-year high in late Decembe...Read More
By Ben Dummett This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (May 12, 2018). LONDON -- U. S. buyout giant Silver Lake Friday struck at GBP2.2 billion ($2.98 billion) deal to acquire one of Britain's biggest internet property search companies, a bet on the increasing use of the web by...Read More
"increases in debt, population, commodity production, pollution, and economic craziness cannot persist in a finite world. There will be a reset..."by Gary Christenson via Deviant InvestorWe know:Federal Reserve and U.S. government policies devalue the dollar-down about 98% since 1913.U.S. government spending is out of control, increases every year, regardless of revenues, and shows no sign of pla...Read More
By Amrith Ramkumar and David Hodari A declining dollar boosted gold and other metals for the second straight session Friday, but the yellow metal erased its slight early gains as worries about higher interest rates continued to hinder its momentum. Front-month gold for May delivery declined 0.1% to $1,319.00 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have stay...Read More
(Reuters) - Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out ofonline property portals.Along with rival and market leader Rightmove, ZPG dominates online searches by people looking to buy or rent homes in Britain. Zoopla's sites carry property listings for nearly 15,000...Read More
(Reuters) - Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds, landing the Daily Mail publishing group a 642 million pound windfall for cashing out ofonline property portals.Along with rival and market leader Rightmove, ZPG dominates online searches by people looking to buy or rent homes in Britain. Zoopla's sites carry property listings for nearly 15,000 estate agent...Read More
By Ben Dummett LONDON -- U.S. buyout giant Silver Lake Friday struck at GBP2.2 billion ($2.98 billion) deal to acquire one of Britain's biggest internet property search companies, a bet on the increasing use of the web by consumers and real-estate agents as a more efficient and cheaper way to buy and sell homes in the U.K. and beyond. Founded in 2008, ZPG PLC's brands include Zoopla, a property...Read More
By David Hodari LONDON--Copper prices edged higher Friday, building on Thursday's gains as inventories continued to fall and the dollar's recent rally stalled. The base metal was up 0.16% at $6,928 a metric ton in late morning trade. Gold, meanwhile, rose 0.25% to $1,324.53 a troy ounce, heading for its first weekly gain in the past month. The U.S. dollar's resurgence was put on pause by Thurs...Read More
By Amrith Ramkumar and David Hodari A declining dollar boosted gold and other metals for the second straight session Friday. Gold for June delivery added 0.1%, to $1,323.60 a troy ounce, on the Comex division of the New York Mercantile Exchange. Prices have stayed between about $1,305 and $1,360 this year, moving within that range based on swings in the U.S. currency, worries about higher intere...Read More
SD Friday Wrap: Here's a hint - It's where it was last week, and the week before, and the week before the week before. But there is good news...Silver had the audacity to break-out of its $16.20 to $16.80 range this morning:Not to fear!The cartel has fingers at the ready to apply pressure on the steady.And now we're right back into the bump and grind action playing pinball between the tight range...Read More
If the ratio stays the same then silver performs equally, but there's reasons to expect the ratio to fall and silver to outperform gold. Here's why...by Bill Holter of JS MinesetA Popular QuestionBecause we have received a dozen or more questions on the same topic, I thought it might be a good idea to discuss. Michael Pento was recently interviewed by Greg Hunter They spoke about many topics inc...Read More
The Wealth Watchman and Louis Cammarosano dive into the latest silver news including the one question every stacker must ask themselves...Wealth Watchman original article and interview with Louis Cammarosano From The Wealth Watchman United Against the BankstersGreetings, shield brothers! Recently I sat down with my good friend, Louis, from Smaulgld.com, to talk about a great many things.Among...Read More
By Amrith Ramkumar and David Hodari Gold prices climbed Thursday with the dollar sliding after data showed U.S. consumer prices rose less than expected in April, though on an annual basis, inflation showed signs of firming. Front-month gold for May delivery rose 0.7% to $1,320.80 a troy ounce on the Comex division of the New York Mercantile Exchange to snap a three-session losing streak. Prices...Read More
By Amrith Ramkumar and David Hodari Gold prices climbed Thursday with the dollar sliding after data showed U.S. consumer prices rose less than expected in April, though on an annual basis, inflation showed signs of firming. Gold for June delivery rose 0.7% to $1,322.30 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have stayed between about $1,305 and $1,360 an ou...Read More
Let's hope history doesn't repeat, because we all know what happened to silver in 2011, the day after the big announcement. Here's the details...Please hear me out before saying, "Ole Half Dollar's fallen off his rocker again".This thought keeps creeping up in the back of my mind, so it's probably good to just speak my mind.And get it off my chest.On Monday, May 2nd, 2011 (Pakistani time), which w...Read More
SD Midweek: With crude oil above $71, a dollar that looks tired, and a silver price that doesn't want to budge, things are about to get very interesting...I put the tight range back onto the silver chart:It really is amazing just how much control the cartel has to keep silver between $16.40 and $16.60.Notice the volume is starting to fade. Trading volume is starting to look like it did coming off...Read More