SPOT MARKET gold prices slipped back below $1750 an ounce while stock markets rallied strongly following the release of better-than-expected US jobs figures on Friday. The Bureau of Labor Statistics nonfarm payrolls report, published on Friday, shows that the US added a net 243,000 nonagricultural private sector jobs last month. In addition, both November and [...]
Gold prices moved decisively higher this morning, reclaiming $1740 per ounce as silver added about 25 cents to reach $33.75. View full post on IBTimes.com : Gold
Is there bad news just around the corner ??? Technical analyst agree that a falling wedge pattern is a bullish pattern. As a pattern, its bullishness just stays dormant until the breakout occurs. It is a great pattern for technicians because its failure rate is only 10% which means it has an accuracy level of [...]
The Academy Awards may give News Corp. the most-needed revenue following an abysmal year at the box office through increased viewership of its two best picture-nominated films — “The Descendants” and “Tree of Life.” View full post on Fast Money: Behind the Money
KitcoNewsNow: Kitco News’ exclusive coverage of the 2012 Vancouver Resource Investment Conference (#VRIC12) – http://t.co/lrcT5kzA View full post on Twitter / KitcoNewsNow
KitcoNewsNow: UPDATE: Comex Gold Flips To Modestly Higher Amid Short Covering; Market Awaits Greek News http://t.co/BlqNnok9 View full post on Twitter / KitcoNewsNow
Financial markets love any story that involves printing money. Tuesday’s report showing China’s import growth fell to a two-year low prompted speculation that “China will loosen monetary policies to bolster economic growth”, according to Bloomberg. Tuesday’s gains left numerous markets overbought and susceptible to any negative headlines. View full post on The Market Oracle
View full post on 24hGold.com RSS Feed – 24hGold Editorials and commentaries
KitcoNewsNow: Happy New Year – Presenting the Kitco News Precious Metals Outlook 2012 http://t.co/Xg5AUvzM View full post on Twitter / KitcoNewsNow
KitcoNewsNow: Low Volumes, Lack Of Fresh News Favor Risk Aversion Which Weighs On Gold – R.J. O’Brien http://t.co/peW4CSUf View full post on Twitter / KitcoNewsNow
KitcoNewsNow: Part of Kitco News’ continuing 2012 Precious Metals Outlook coverage http://t.co/ny4UtO1K View full post on Twitter / KitcoNewsNow
Ironically, if Fox cancels one of its biggest hits, shares of News Corp could surge. Here’s why. View full post on Fast Money: Behind the Money