REPEAT: Close Enough To a Bottom, Gold Best Alternative For Investors – Doug Casey
As markets digest this week’s Fed meeting and first interest rate hike in nine years, one veteran investor says he’s still rooting for gold. Doug Casey,
Gold Futures Inch To Lower End Of Narrow Range As Crude Oil Suffers
Gold futures remain in a narrow range but nevertheless have inched down to their lowest level in more than a week largely due to weakness in crude oil futures and also as the dollar index edges higher, analysts said.
Read moreThe 6PM Recap With Gary Wagner: Hanging Around As Books Start Closing On Year End
The sell-then-buy effect is in gear as we end the year. Sell your losses hard to take losses that will be reflected in your tax liability come 2016, then immediately buy back your favorites out of the stocks you just sold. Nifty, eh?
Read moreGold Futures Steady; Year-End Squaring Occurs In Light Volume
Gold futures were steady Tuesday with light year-end squaring of positions but traders not rushing to establish new ones.
Read moreFederal Reserve, Year-End Positioning Prompt Hedge Funds To Sharply Cut Short Bets In Gold And Silver
Hedge Funds and money managers shed more of their short bets than their long positions in gold and silver as the Federal Reserve raised interest rates for the first time in almost 10 years, according to the latest trade data from the Commodity Futures …
Read moreCan The U.S. Dollar Power Its Way To More Gains Next Year?
In the zero-sum game of global currency trading, the U.S. dollar was the clear winner in 2015. The U.S. dollar chalked up broad-based gains against world currencies in many cases posting significant double-digit gains.
Read moreTorex Announces First Gold Pour At El Limon-Guajes Mine
Torex Gold Resources Inc. (TSX: TXG)announces its first gold pour of an estimated 350 ounces, and a similar amount of silver, in dore from its El Limon-Guajes Mine in Mexico.
Read moreU.S. Consumer Confidence Rises to 96.5 In December
Kitco News reports on the U.S. conference board’s consumer confidence index for December
Read moreGold Futures Remain In Narrow Range During Holiday-Thinned Trading
Gold futures were range-bound in early trade on Tuesday with the U.S. dollar and crude oil also not making any dramatic moves.
Read moreREPEAT: Gold Could Still Go To $1,000/oz, Oil Nations On Radar – Jim Rogers
The Federal Open Market Committee meeting conclusion is on deck and markets have priced in the first U.S. rate hike by the central bank in nine years.
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