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Following a necessary correction, the gold miners’ stocks have spent much of recent months bottoming. This healthy basing process is rebalancing sentiment, preparing the way for this sector’s next...
On the Natural Gas front, the EIA Gas Storage had a huge draw of 338bcf but did not surpass the record withdrawal of 359bcf in January 2018.
There is an interesting development in gold and it is not all negative.
Gold Is Getting Monkey-Hammered! Having broken below $1800 earlier in the week, after suffering a 'death cross', gold prices are plunging this morning - on heavy volume - as real yields soar. This is...
The yellow metal saw plenty of volatility this week. Price rallied firmly at the start of the week, extending the recovery off the 1763.88 support.
Stock bulls got a harsh reality check, and everything isn‘t very fine yet in the tech arena. Gold and silver didn‘t escape the bloodbath either, and aren‘t out of the woods – neither gold, nor silver.
Red-Hot commodities are going through a cool-down as weak grain exports and talk that China oil reserves are full is causing a surge in profit-taking.
Copper seems to be marching towards the peak from its previous cycle thanks to risk-taking and inflation fears.